Breaking: Bored Ape Airdrop Exploited To Steal $1.5 Mln in Apecoin
A vulnerability in the Bored Ape Yacht Club’s (BAYC) airdrop was exploited to steal about $1.5 million in ApeCoin tokens (APE), a research report showed. APE tokens were initially distributed to holders of BAYC NFTs this Thursday, before being available to trade on the open market. Cybersecurity researcher Check Point Research said the hacker used The post Breaking: Bored Ape Airdrop Exploited To Steal $1.5 Mln in Apecoin appeared first on CoinGape.
Breaking: Bored Ape Yacht Club (BAYC) Creator Announces ApeCoin ($APE) Token
Yuga Labs, the creator of the massively popular Bored Ape Yacht Club (BAYC) NFT collection, said it had launched a new token, ApeCoin (APE), for use on the BAYC ecosystem. Yuga will also airdrop 15% of total APE supply to BAYC holders later today. The firm said it had set up a foundation to oversee The post Breaking: Bored Ape Yacht Club (BAYC) Creator Announces ApeCoin ($APE) Token appeared first on CoinGape.
Ukraine Cancels Airdrop for Crypto Donors, Announces NFTs To Support Ukrainian Armed Forces
Ukraine is announcing the sale of non-fungible tokens (NFTs) to support the Ukrainian Armed Forces after canceling plans for a crypto airdrop. Yesterday, Ukraine said they were preparing to airdrop a new coin for crypto donors who gave to the Ukrainian war efforts against Russia. “Airdrop confirmed. Snapshot will be taken tomorrow, on March 3rd, at 6 pm Kyiv […] The post Ukraine Cancels Airdrop for Crypto Donors, Announces NFTs To Support Ukrainian Armed Forces appeared first on The Daily Hodl.
Ukraine Ditches Airdrop Initiative One Day After Announcing it
Ukraine's Vice Prime Minister has canceled the airdrop announced yesterday with officials instead opting for an NFT solution to support the country's armed forces. The post Ukraine Ditches Airdrop Initiative One Day After Announcing it appeared first on BeInCrypto.
Ukraine cancels token airdrop, reveals new NFT plans
Ukraine has received nearly $40 million in crypto donations, out of which almost $7 million came after the announcement of the now-canceled airdrop. The vice prime minister of Ukraine informed the public on Wednesday that they have decided to cancel the airdrop for crypto donors that was announced on Tuesday and plans to raise more money through the sale of nonfungible tokens (NFTs) instead.After careful consideration we decided to cancel airdrop. Every day there are more an
Breaking: Ukraine Cancels Awaited Airdrop For Crypto Donors
Ukraine has cancelled its upcoming airdrop for crypto donors scheduled today. Earlier as reported by CoinGape, the airdrop event was likely targeted by a phishing attempt. The country will instead issue NFTs to thank its crypto donors, at an unspecified time. Ukraine will issue NFTs to thank donors The move comes as what seemed like The post Breaking: Ukraine Cancels Awaited Airdrop For Crypto Donors appeared first on CoinGape.
Purported Ukraine airdrop is likely fake and littered with red flags
Despite reports that the promised Ukraine airdrop has come early, it appears highly likely that the token has nothing to do with Ukraine. The post Purported Ukraine airdrop is likely fake and littered with red flags appeared first on The Block.
Ukraine promises crypto ‘airdrop’ while leaving many questions unanswered
Ukraine's Twitter account has promised an airdrop, a common reward for early investors in new coins and NFTs. The post Ukraine promises crypto ‘airdrop’ while leaving many questions unanswered appeared first on The Block.
Breaking: Ukraine Announces Airdrop As Crypto Aid Crosses $50 Mln
The Ukraine Government said on Tuesday it would airdrop crypto donated to the country’s official wallet, as donations crossed $50 million. The country’s official twitter handle said an airdrop was confirmed, and that a snapshot would be taken on March 3, at 6 pm Kyiv time (4 pm GMT). Airdrop confirmed. Snapshot will be taken The post Breaking: Ukraine Announces Airdrop As Crypto Aid Crosses $50 Mln appeared first on CoinGape.
ChainWars Set to Launch Airdrop Reward Program
ChainWars, a fast-growing play-to-earn ecosystem, has revealed its plan to launch an airdrop program. The airdrop program will be an incentive to long-term token holders and will begin from March 2022. The post ChainWars Set to Launch Airdrop Reward Program appeared first on BeInCrypto.
El Salvador to Airdrop $30 BTC to Residents as Bitcoin Adoption Gains Ground
The government of El Salvador has announced plans to airdrop $30 worth of bitcoin (BTC) to every adult in the nation. The airdrop will only be given to those who download the government’s dedicated bitcoin wallet application, according to a tweet on June 25, 2021. El Salvador’s Bitcoin Project Forges Ahead Despite pushback and criticismsRead More
El Salvador is handing out up to $117 million in Bitcoin to its citizens
El Salvador's President Nayib Bukele announced the airdrop last night and detailed when the bitcoin law will come into effect. The post El Salvador is handing out up to $117 million in Bitcoin to its citizens appeared first on The Block.
Shanghai to Airdrop Millions in Digital Yuan
The Chinese city of Shanghai would airdrop 19.25 million digital yuan equivalent to USD 3 million via a lottery system as per the Information Office of Shanghai Municipality. The Chinese CBDC is currently being tested across the country at various levels after its development was completed in 2019. A total of 350,000 digital red envelopes, The post Shanghai to Airdrop Millions in Digital Yuan appeared first on Coingape.
Rep. Emmer reintroduces safe harbor tax legislation for forked crypto assets in Congress
The bill would prohibit the IRS from leveraging penalties related to forked assets until it issues further guidance for taxpayers. The post Rep. Emmer reintroduces safe harbor tax legislation for forked crypto assets in Congress appeared first on The Block.
Solana (SOL) hits new highs as DApps, DeFi and stablecoins join the network
Solana price is pushing toward new highs as an increasing number of DApps, DeFi projects and stablecoins build platforms on the network. The arrival of institutional investors and the rise of decentralized finance (DeFi) has been an incredible boon for the entire cryptocurrency sector but it has also highlighted a number of persistent limitations that many blockchain networks encounter when faced with surges in activity and the need to scale. High fees and slower transaction
Rising DeFi TVL and Binance staking back 88% rally in IOST price
IOST rallied to a multi-year high after Binance announced a new staking program and the project airdropped tokens to Citadel One mobile wallet users. While the past year has been marked by the rise of decentralized finance, centralized entities like Coinbase and Binance continue to be some of the most important players in the industry as a whole as they are essential in attracting attention to promising projects and pave the way for wider adoption. One protocol that has benef
Solana (SOL) price rises as airdrops attract new users to the network
Solana price has rallied more than 50% this month as new projects conduct airdrops on SOL blockchain and high Ethereum fees push investors to seek cheaper alternatives. Over the past six months blockchain projects that have issued token airdrops have re-emerged. Most notably, the airdrops by Uniswap (UNI) and MEME will be remembered as recipients were rewarded with gains ranging from $20,000 to $600,000 simply for holding the tokens.One Ethereum (ETH) competitor that has seen
Developer-focused DeFi aggregator Instadapp launches governance token
How does a DeFi aggregator capture value, and what does it mean for the INST token? In a blog post yesterday, decentralized finance (DeFi) management and protocol aggregator platform Instadapp announced the launch of their governance token, INST. While not currently transferable by the average user, the token is set to go fully live later in the year to coincide with a transfer of control over the protocol to a DAO governance process in Q2. The project, which currently counts
Airdrops, What They Are and How It Can Benefit You
They say there’s no such thing as a free lunch, but if you are lucky enough, there is such a thing as free coinage. Heard of Airdrops? It’s a marketing strategy employed by coin issuers to create a buzz around their tokens. They do this by literally giving out free coins to those with walletRead More