In June 2024, LayerZero removed 803,273 wallets, 59% of all claimants before its ZRO airdrop after identifying them as Sybil clusters. zkSync ran no comparable filter and its token fell ...
Airdrops were designed to decentralise ownership. In practice, they are increasingly doing the opposite. Across the largest token distributions of the past two years, as much as 40% of allocated ...
Analysis of Fabric Protocol's ROBO airdrop reveals that approximately 40% of the 199 million distributed tokens—worth roughly $8 million—were claimed by a single coordinated entity across 7,000 wallets. The concentration ...
Spacecoin's SPACE token surged 65% to an intraday high of $0.026 in its first 24 hours of trading following simultaneous listings on Binance, Kraken, OKX, and five other major exchanges. ...
Solana Mobile launched its SKR governance token on January 21, distributing 2 billion tokens—30% of total supply—to Seeker smartphone users and developers in one of crypto's largest mobile-focused airdrops. Eligible ...
Solana Mobile announced that its native token SKR will launch on January 21 at 2:00 a.m. UTC, marking the debut of a governance asset designed to give Seeker smartphone users ...
Decentralized exchange Hyperliquid has listed perpetual contracts for rival platform Lighter's LIT token before its official launch, enabling leveraged trading on a token that doesn't yet exist. The move comes ...
Binance Alpha which is a flagship feature of the Binance exchange, marked a milestone by becoming amongst all other platforms the very first to list SAPIEN crypto on August 20. ...
The number of Bitcoin millionaires has witnessed a remarkable surge, increasing by 111% in 2024 to reach a staggering 85,400. This significant growth is a testament to the crypto market's ...
EigenLayer is embroiled in controversy after its airdrop policy triggered a $351 million capital exodus in just 24 hours. The rapid outflow has shaken the platform and sent ripples through ...
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