Airdrop

Ethereum Layer-2 system, Optimism announced on May 31st that its governance token airdrop was going live. A few hours after the airdrop launch, the network suffered from low performance as traffic surged.  The governance token, OP, is the beginning of a shift to a bicameral governance system of funding for the network, called the Optimism Collective. In April, Coinbase carried an OP token page, which roused speculations that a token airdrop was in the offing. A week later, Optimism confirmed…

Terra isn’t dead: the network is back up and running on a new blockchain, focusing on a more decentralized governance model. The community is making no attempts to revive its recently failed TerraUSD (UST) stablecoin. It has, however, re-launched a new version of the LUNA governance token, restarting its supply at 1,000,000,000 tokens. Here are the facts on the new blockchain, the reasons for its launch, and the new token’s airdrop/ distribution. Background on Terra 2.0 Terra 2.0 (now known…

After an airdrop broadcast by Optimism earlier this week, Synthetix (SNX) has seen a continuous upward climb. Apparently, the announcement was an opportunity for the DeFi protocol to prepare itself to join in the ongoing L2 Curve Wars.  This and other factors have encouraged Optimism users to engage with the DeFi project. Consequently, the SNX price continues to sustain a steady rise, for the time being.  SNX Buoyed by Layer-2 Solutions Ever since Layer 2 protocols grew in popularity on…

Through a sophisticated chain of transactions, an anonymous user cunningly grabbed $1.1 million from the ApeCoin Airdrop. Despite sticking to the allowed rules of purchase, the user managed to exploit the system. ApeCoin Launch On Thursday, the famous designers of the Bored Ape Yacht Club, Yuga Labs, launched an exclusive airdrop containing ApeCoin(APE) tokens. The launch notably spiked Ethereum gas prices barely hours after it began. Following the launch, designers Yuga Labs offered 15% of a billion ApeCoin tokens to…

Despite regulatory threats, famous pizza Place Papa John's is entering the NFT space with a huge giveaway. Pizza take-out chain Papa John's (PZZA) is planning to airdrop nearly 20,000 non-fungible tokens (NFT). According to the official statement, Papa John's is giving away 19,840 NFTs. The campaign will start in early March, when the company will airdrop NFTs over a few days. The number 19,840 represents the company's founding year, or 1984. Overall, there are nine NFT designs, inspired by a Papa…

Ukraine has abandoned its plans to airdrop crypto tokens as a way of rewarding its crypto supporters. The country’s Vice Prime Minister, Mykhailo Fedorov, announced this news via Twitter earlier today. In the same breath, Fedorov disclosed that Ukraine seeks to sell non-fungible tokens (NFTs) to support its Armed Forces. Fedorov’s tweet read, After careful consideration we decided to cancel airdrop. Every day there are more and more people willing to help Ukraine to fight back the aggression. Instead, we…

StackOfStake, a part of the SCRIV network ecosystem, will launch the Stakedrop for the UBIX network on November 22, 2020, at a random time. In the upcoming StakeDrop, the platform will allocate 150,000,000 native UBX tokens equally to all participants. To be eligible, retail and institutional investors should sign in to their https://stackofstake.com account at least once a week and stake 50,000 SCRIV along with at least one other cryptocurrency.  The team behind StackOfStake is always looking for new ways…

Bithumb Global is celebrating their 1st anniversary with a series of events named "BG Fortune Bags for 1st Anniversary". The events will be divided into three stages, starting May 1, 2020, 00:00 through May 10, 2020, 23:59 (UTC+8). Each Fortune Bag contains: 3USDT+2USDT equivalent of the high quality project tokens. Event 1: 1000 Fortune Bags for Deposit Event Rules: Users who register before 00:00 on May 1 and have never deposit on Bithumb Global within 60 days can get 1…

Over the years, we've experienced a surge in interest and growth in the use of cryptocurrency. The meteoric rise of digital currency has attracted many people's attention and potential investors. Unfortunately, this surge has also seen an increase in opportunistic crypto scammers and fraud cases. Cryptocurrency owners are more susceptible to hacking scams because online wallets store digital coins. Scammers have also realized clever ways to infiltrate software storage devices like desktops and mobile phones. The increase in fraud cases is…