News with the tag "Airdrops"

Cryptocurrency exchange Binance has released a new report detailing several inefficiencies around airdrops and possible lessons to apply moving forward. According to the exchange, the affected airdrops fall into two categories. The first type is retroactive, where projects typically surprise existin...

Draconian crypto regulation that stopped U.S. citizens from benefiting from airdrops — a way of rewarding communities of users by distributing free tokens — has cost Americans as much as $2.6 billion in potential revenue and the government as much as $1.4 billion in lost tax income in the past four ...

On Thursday, NFT marketplace OpenSea announced plans to airdrop its native SEA token while simultaneously launching the OS2 open beta version. $SEA is coming. Here are a few things to know: • Historical OpenSea usage, not just recent activity, will be an important ingredient • Claim process will be ...

Berachain token has crashed following its highly anticipated airdrop last week. BERA token price has plunged by about 70% from its all-time high as investors remain on the sidelines. So, will the coin rebound and retest its all-time high of $15.45? Arthur Hayes Explains The BERA Token Price Crash In...

Airdrops have become a staple method for new projects to distribute tokens freely, aiming to attract users and increase engagement. The cryptocurrency world witnessed one buzziest airdrop of recent times-Bonk(BONK), a meme coin that burst onto the scene within the Solana ecosystem. But with all the ...

In the world of cryptocurrency, airdrops and hard forks are common. Though in distinct ways, they both introduce new currency. Investors and users can manage changes in blockchain networks more easily if they understand these ideas. What Is a Hard Fork? A hard fork occurs when a blockchain splits in...

The organization behind the renowned blockchain network Berachain has announced the Berachain token listing date and airdrop. According to the recent announcement, the Berachain Foundation has planned an estimated $632M distribution, exciting investors and participants, especially around the BERA to...

Crypto airdrop’s demand is consistent to this day, as traders await the free tokens from new coin launches. After the popularity of many Telegram-based mini-games airdrops, the eyes are now on the Zoo game and the launch of its native token. More importantly, the Zoo airdrop listing and the ZOO toke...

David Schwartz, Ripple’s Chief Technology Officer (CTO), has clarified his stance about airdrops in the crypto industry. Schwartz shared his insights while contributing to a conversation on X, which asked me to understand the IRS taxing system on digital assets . Tax Implications of Crypto Airdrops ...

Eligible users of Jupiter and Sonic — both in the Solana ecosystem — will receive airdrops in the coming weeks.