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South Korea to Introduce 10%-50% Gift Tax on Crypto Airdrops
Users who receive crypto airdrops in South Korea could be taxed at 10%-50%. The virtual asset gains tax will start taking effect in 2025.
Flare Networks Clarifies on Launched Spark Token Airdrop, Ripple XRP Shows No Signs of Bullish Revival
Flare Networks’ Spark token airdrop program launched officially on December 12, but there may be some misconceptions surrounding the official debut.
Bitcoin Wallet Addresses At All Time High As Bitcoin Network Experiences Third Halving
New data from Glassnode reveals that the number of Bitcoin addresses containing less than 1 BTC has more than doubled since the second halving in July 2016, with wallets containing less than 0.1 BTC showing the highest increase.
What Ripple Thinks of Flare Networks, as Whether Tokens Already Minted for Spark Token Airdrop Questioned
Ripple’s CEO Brad Garlinghouse expressed excitement for what the smart contract utility fork Flare Networks had in store.
EIDOS Token Airdrop Causes Congestion Problem in EOS Blockchain Network
Blockchain congestion is a serious issue in the cryptocurrency industry. Several networks suffer from this problem regularly.
Kraken Reminds Ripple XRP Holders of Looming Spark Token Airdrop as New Tax Development Unfolds
With the upcoming Spark token airdrop by Flare Networks, many Ripple XRP holders have scrambled to deposit their XRP in participating cryptocurrency exchanges.
Japanese Firms to Launch New Web3 Game CAPTAIN TSUBASA RIVALS
The new Japanese football-featured Web3 game will allow users to connect globally with the popular manga character.
Machi Big Brother's recent NFT sell-off
Machi Big Brother, the NFT whale, discharged 90 BAYC, 191 MAYC, and 308 Otherdeed NFTs, among others.
Binance Boosts Web3 Wallet with New Features and $1M Airdrop Campaign
Binance enhances its Web3 Wallet with ERC-404 token support, an Inscriptions Marketplace, and announces a $1M airdrop to engage users.
Wormhole Announces W Token Airdrop
Wormhole, a leading interoperability protocol, has unveiled its native token W and an airdrop to decentralize its network, reinforcing its commitment to the Web3 vision.
OKX Announces APT Airdrop Campaign with 1,000 APT Prize Pool
OKX launches APT airdrop campaign for On-chain Earn users, featuring a 1,000 APT prize pool.
TAIKO (TAI) Token Airdrop Phase 1 Now Open for Eligible Users
TAIKO (TAI) token airdrop Phase 1 is now open. Eligible users can claim their tokens until July 5, 2024.
Binance Announces HODLer Airdrops for BNB Holders
Binance introduces HODLer Airdrops for BNB holders, rewarding users who subscribe to Simple Earn with airdropped tokens from upcoming projects.
OKX Launches ZETA Airdrop Campaign with 10,000 ZETA Prize Pool
OKX announces an exclusive airdrop campaign for ZETA On-chain Earn users, offering rewards from a 10,000 ZETA prize pool, starting June 25, 2024.
Binance to List Banana Gun (BANANA) Following HODLer Airdrops
Binance announces the listing of Banana Gun (BANANA) following its HODLer Airdrops. Users subscribed to Simple Earn will receive the airdrop distribution.
EigenLayer Addresses Airdrop Controversy and Ecosystem Measures
EigenLayer clarifies its stance on employee airdrops and outlines steps taken to ensure transparency within its ecosystem.
Binance Announces USDC Airdrop for FRONT and SLF Holders
Binance will distribute 1,000,000 USDC to FRONT and SLF holders following the token rebranding to SLF, ensuring user feedback and transparency.
Chiliz (CHZ) Holders Face Cancellation of 1000PEPPER Airdrop
Binance announces the cancellation of the planned fourth airdrop snapshot for Chiliz (CHZ) holders, affecting the distribution of 1000PEPPER tokens.
Airdrop Hunters Consolidate Millions Worth of ARB Tokens
A blockchain analysis platform revealed that two "super airdrop hunters" consolidated tokens worth $3.3 million from 1,496 wallets into two wallets. One wallet received 1.4 million ARB from 866 addresses, adding all the tokens to Uniswap, while the other received 933,375 ARB from 630 addresses. Community members speculated about the identities behind the wallets, with some praising their efforts and others expressing negative sentiments.
CoinGecko Hit by Phishing Scam
CoinGecko, a cryptocurrency data aggregator, experienced a security breach in January 2024, exposing its vulnerability to phishing scams and highlighting the need for robust security measures.
Binance to Airdrop $3 Million BNB to Aid Morocco Earthquake Victims
Binance Charity has pledged to airdrop up to $3 million in BNB to affected users in the Marrakesh-Safi Province of Morocco. The airdrop will be based on Proof of Address (POA) submissions, with users who completed their POA by 9 September 2023 eligible for a $100 BNB airdrop. Binance has extended a grace period for those not completing their POA between 9 September and 30 September 2023. The initiative is expected to benefit around 70,000 users in Morocco, with funds distribution starting on 12th September 2023. Binance Charity has set up a public donation address for donations.
Binance Launches Airdrop Rewards and iPhone 15 Promotion for SOL and BNB Locked Products, and ETH Staking
Binance, one of the leading cryptocurrency exchanges, has announced a new promotion that allows users to earn rewards by subscribing to SOL or BNB Locked Products, or staking ETH. Participants have the chance to share a portion of 140,000 PIXEL in airdrop rewards and even win an iPhone 15. The promotion is set to run from March 19, 2024, to March 31, 2024.
Coti Unveils $10M Airdrop Plan for Coti Token Holders, Amplifies Privacy in Web3
Coti, a privacy-focused layer-2 protocol on Ethereum, announces a $10 million Coti v2 token airdrop, enhancing data security across Web3.
BNB Surges Over 12% as Chain Launches Airdrop Alliance to Reward Community
BNB Chain announces the Airdrop Alliance Program to incentivize and engage its user base, with details of upcoming partnerships to follow.
CertiK Outlines Mobile Blockchain Security Threats and Countermeasures
CertiK discussed security challenges of blockchain technologies on mobile platforms, including malware, insecure wallet apps, and network vulnerabilities, and provided countermeasures like reputable security solutions and regular updates.
Ethena Labs Airdrops $450M in Tokens, Largest Wallet Nets $2M
Ethena Labs has completed a massive $450 million token airdrop, with the top wallet receiving $1.96 million in Ethena tokens as they hit major exchanges.
Ether.fi (ETHFI) Initiates Season 2 StakeRank with Enhanced Loyalty Rewards
Ether.fi launches Season 2 StakeRank, offering boosted loyalty points for staking, with a 5% ETHFI token supply allocation and new conditions for participants.
Aevo Announces 30M $AEVO Airdrop with Rewards for Active and New Users
Aevo, a burgeoning name in the decentralized finance (DeFi) landscape, has just announced a significant airdrop event, scheduled for March 13, 2024.
Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests
Binance has introduced Binance Megadrop, a token launch platform that combines airdrops and Web3 quests. Users can subscribe to BNB Locked Products and complete tasks in their Web3 Wallet to gain early rewards from selected Web3 projects, including BounceBit (BB), a BTC restaking chain.
BounceBit Mainnet Launch Scheduled for May 13, $BB Airdrop to Follow
Discover the phased rollout strategy and key dates for BounceBit Mainnet launch, aimed at maximizing user profit and security.
Upbit Announces Next LUNA2 Airdrop for LUNC Holders
Upbit, a Singapore-based cryptocurrency exchange, plans to launch a LUNA2 airdrop targeting LUNC holders, marking a significant milestone in the rebranding process. The airdrop will be distributed staggered over 24 months, with LUNC holders receiving an extra 30% of the initial airdrop.
SPACE ID and Polyhedra Unite for .zk Domain and ZK Interoperability
SPACE ID collaborates with Polyhedra Network, launching .zk domains and enhancing Web3 interoperability with ZK proofs and a community airdrop.
Binance Announces $90K DODO Token Airdrop for Web3 Wallet Users
Binance launches a new airdrop campaign offering $90,000 in DODO tokens to users of its Web3 Wallet, incentivizing adoption and trading on its platform.
Binance Promotion: Subscribe to SOL or BNB Locked Products or Stake ETH to Share 7,777 ACE in Airdrop Rewards
Binance announces a promotion where users can subscribe to SOL or BNB Locked Products or stake ETH to earn a share of 7,777 ACE in airdrop rewards. The promotion period is from April 30, 2024, to May 13, 2024. Eligible users will be ranked based on their net eligible subscription amount and the top 500 users will qualify for rewards.
Moonbirds Parent Firm PROOF Closes $50M Series A Round Led by A16Z
PROOF, the parent firm of Moonbirds NFT, has received $50 million in Series A financing in a new round of financing.
OpenAI Introduces New Plugin Feature for ChatGPT AI Chatbot
OpenAI has introduced a new plugin feature for its AI chatbot, ChatGPT, allowing it to retrieve information from online sources and interact with third-party websites. The feature is in the alpha phase and will only be available to a limited set of users initially, with a waitlist in place to access it. The plugins include e-commerce platforms Shopify, Klarna, and Instacart, and travel search engines Expedia and KAYAK, among others.
Arbitrum Airdrop Boosts zkSync Growth
Arbitrum's recent airdrop of its governance token has generated significant hype, which has helped another layer-2 scaling solution, zkSync, see significant growth in the last week. Despite not having a native token or announcing any airdrop, zkSync has seen a surge in the number of addresses bridging to its platform, with over 39,000 addresses bridging over $871 million in the last seven days.
Optimism Announces Third Airdrop Allocations
Optimism, an Ethereum Layer 2 solution, announced its third airdrop, "OP Airdrop #3," which allocated 19 million OP tokens to 31,870 addresses. The airdrop aimed to incentivize active participation in governance through delegation of voting power. The reward types included government delegation rewards and voting delegate bonuses. Optimism plans to allocate 19% of the initial OP token supply for future airdrops.
Scammers Target NFT Users in BLUR Token Airdrop Scam
Scammers are targeting NFT users with fake BLUR token airdrop links on malicious websites, resulting in the loss of over $300,000 in ETH. Legitimate BLUR platform has been rewarding users with tokens through its three-phase airdrop incentive scheme.
Fake Arbitrum Airdrop Scam Circulated on Discord
Hackers dropped a phishing link into Arbitrum's Discord server, offering the opportunity to re-claim additional stake in Arbitrum DAO Governance. The link prompted unsuspecting victims to enter personal information, leading to a potential scam. Investors are advised against interacting with the announcement until further clarification from Arbitrum.
WisdomTree Third-Quarter Crypto Assets’ AUM Drop 36% As Market Losses Continue
WisdomTree has seen its crypto assets under management fall by 36% in what the company said has been triggered by the ongoing market turbulence.
a16z Leads Blackbird's $24M Series A Funding to Elevate Dining Experiences Through Web3
a16z leads Blackbird’s $24M Series A funding round to foster a web3-enabled platform aimed at revolutionizing dining experiences and financial prospects for restaurants. Announced on October 4, 2023, this investment marks a significant stride towards intertwining blockchain technology with the gastronomic sector, heralding an enriched era of dining engagements.
Cyber L2 & SPACE ID Partnership Unveiled, Cyber Ecosystem Airdrop Announced
CyberConnect partners with Space ID to improve interoperability, support Cyber L2 scalability, and provide an ecosystem airdrop for token stakers, enabling faster on-chain transactions.
EigenLayer Expands Airdrop and Addresses Community Concerns
EigenLayer, an Ethereum restaking protocol, has expanded its initial EIGEN token airdrop to 28 million tokens, addressing user dissatisfaction and ensuring equitable distribution. The airdrop includes Season 1 and Season 2 participants, with minimum token allocations.
Arbitrum Discord Server Hacked for Phishing Attack
Hackers dropped a phishing link on Arbitrum's official Discord server, prompting users to enter personal information. The link misspelled the name of the platform as "Arbtirum." Investors are advised to be cautious of unrealistic claims and deceptions.
Starknet's Massive STRK Token Airdrop: Navigating the Hype and the Hunt for Rewards
Starknet Foundation's strategic airdrop of 1.8 billion STRK tokens aims to fuel network growth and user engagement, amidst concerns of airdrop farming by savvy participants. Eligibility spans Ethereum developers, users, and a focus on rewarding community contributions.
Can Ripple’s XRP Price Surge to $1.00 With the Upcoming Spark Token Airdrop?
Since the huge increases it recorded last month, XRP has since pulled back. Will Spark token's airdrop trigger XRP's price surge to $1.00?
QiSwap DEX Will Airdrop QI and Implement Pioneer Programs to Fuel Growth
Decentralized exchange protocol, QiSwap, a QTUM-based dApp, will be conducting an airdrop and rewarding early adopters through its new Pioneer Programs.
NFT Exploits Need A Countermeasure And Unique Certification May Be The Answer
NFT Exploits Need A Countermeasure And Unique Certification May Be The Answer
Bitcoin Halving Reduces Mining Rewards for Third Time in Brief History
The most anticipated event for cryptocurrency has come to pass. Bitcoin’s third Halving took place reducing the block rewards from 12.5 to 6.25 BTC per new block for the third time in its history. The first block mined for 6.25-bitcoin was mined and relayed by the fourth largest mining pool by total computer power, Antpool.
Haun Ventures' Funding Round Helps Thirdweb's Valuation Reach $160M
Thirdweb has reached a $160 million valuation following a successful $24 million funding round led by Haun Ventures.
Satoshi Nakamoto's Quotes on Trust - Trusted Third Parties
Satoshi Nakamoto's Quotes on Trust - Trusted Third Parties
Maximizing Returns: Strategic Insights on Selling Airdropped Tokens
CoinGecko's study on airdropped tokens reveals early selling is crucial for profit maximization, with significant gains observed in 23 out of 50 largest airdrops.
Coinbase and Binance.US Will Support Flare Network's Spark Token Airdrop, Ripple's XRP Price Could Dip
Crypto exchanges Coinbase and Binance US have lent support for the Flare Network's Spark Token airdrop sending XRP price slightly higher.
Ripple Whales With at Least 10 Million XRP Reach an All-Time High as Spark Token Airdrop Looms
With the Spark token airdrop by Flare Networks scheduled for tomorrow, Ripple addresses holding more than 10 million tokens broke the record at 339.
Binance.US Preps Ripple XRP Holders for Spark Token Airdrop, Over 81,500 XRP Accounts Ready for Tomorrow’s Snapshot
Binance.US, the US-based cryptocurrency arm of Binance, has been all over the Spark token airdrop despite announcing support at the very last minute.
Ripple-Backed Flare Networks to Launch a Spark Token Airdrop for Litecoin
Flare Networks has announced that they will be hosting yet another airdrop for their native Spark crypto asset.
OKEx Announces Support for Spark (FLR) Airdrop as XRP Holders Prepare for Token Distribution
OKEx has joined other digital asset exchanges in announcing support for the upcoming Spark (FLR) token airdrop.
Ukraine Cancells Crypto Airdrop Program, Instead Embraces NFTs Plan
The Ukrainian government confirms that it has cancelled the airdrop program that aimed to allow anyone to contribute to its crypto donations. The government is now opting to sell NFTs to raise funds.
Decentralized NFT Marketplace Sudoswap To Launch Ethereum Token Airdrop
The launch of the Ethereum airdrop token will enable Sudoswap to reward its active users and raise awareness of its native tokens.
Is Moonbirds NFT Collection the New Bored Ape Yacht Club?
In a recent move, The Sandbox, another prominent NFT and metaverse development startup purchased Moonbirds NFT #2642, one of the rarest in the collection for the sum of 350 ETH, approximately $1 million over the weekend.
Moonbirds DAO Prepares for Launch With $2.6M Seed from Kevin Rose’s Proof
The Moonbirds DAO will create an open and inclusive platform allowing members to vote on proposals that expand the rising NFT ecosystem.
PwC Expert's Take: What Are the 3 Grey Areas to Crypto Taxation in Hong Kong?
The Inland Revenue Department (IRD) of Hong Kong took a step further to provide clarity in taxing digital assets. In the recent press release titled “LCQ20: Regulation of virtual asset investment activities”, James Lau, the Secretary for Financial Services and the Treasury answered the queries raised by the Hon Wu Chi-wai on taxation of virtual assets, tax evasion of virtual asset-related business and latest effort to regulate virtual assets by the Hong Kong Securities and Futures Commission (SFC).
New Zealand's Tax Authority Demands Info on Crypto Investors
New Zealand's Internal Revenue Department has asked all companies to pass on customers' personal details as well as the type and value of their crypto assets.