#Airdrop News

Airdrops, What They Are and How It Can Benefit You

March 31, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

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...

DeFi Infrastructure Providers Find It Hard to Keep up with User Demand

Furucombo Set for First DeFi Airdrop of 2021

January 5, 2021 by Anthonia Isichei at DeFi

Decentralized Finance (DeFi) strategy optimizer Furucumbo is set to release its token with early adopters in line to receive free tokens. The free "coin" distribution event will be the first major DeFi airdrop of 2021. Furucombo to Reward Early Adopters In an announcement published on Monday (Jan. 4, 2021), Furucombo...

China’s Digital Yuan Receives Lukewarm Response from Early Users

Shenzhen Airdrops $3 Million Worth of Digital Yuan in Third CBDC Test

January 4, 2021 by Evan Ezquer at Regulation

Popular Chinese city Shenzhen's government had announced on New Year's Eve that their plan to distribute $3 million worth of digital yuan to local residents, in China's third Central Bank Digital Currency (CBDC) tests. The catch is that residents will only be able to spend airdropped digital yuan between January...

Yield farming frenzy pushes Uniswap daily volume over $1 billion

Uniswap Announces UNI Tokens, Airdrops Over $1,200 to Users

September 17, 2020 by Shaurya Malwa at DeFi

Decentralized exchange Uniswap launched its native UNI tokens earlier today in a surprise move, with several crypto exchanges rushing to list the token and Ethereum network becoming congested to use. Uniswap’s $1,200 Airdrop As detailed in a blog post, a total of one billion UNI tokens will be distributed in...

Stellar Foundation Burns 55 Billion XLM Tokens for Increased Efficiency

Stellar Lumens (XLM), Keybase Launch $120 Million XLM Airdrop

September 10, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

The Stellar Development Foundation (SDF), a non-profit organization that claims to be dedicated to supporting the development and growth of the Stellar blockchain network, is collaborating with Keybase instant messaging platform to organize a 2 billion ($120 million) XLM token airdrop to users of the messaging platform, according to a...

Binance parachutes airdropping crates of stellar lumens xlm

Binance to Launch Stellar (XLM) Staking and Airdrop 9,500,000 XLM

July 19, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Binance, the world’s leading bitcoin trading venue is set to add support for Stellar (XML) staking starting from July 20, 2019. Holders of Stellar (XLM), the 10th largest cryptoasset in the world, in their Binance wallet will partake in the 9,500,000 XLM airdrop, according to a press release on July...

A Guide to Airdrops Part 2: Bombs Away! (Gold or a Grenade?!)

Harmony (ONE) to Get Listed on Binance DEX; Announces 25 Million Token Airdrop

May 30, 2019 by Aisshwarya Tiwari at Altcoins

Cryptocurrency exchange Binance published a blog post on May 30, 2019, stating that it would airdrop 3,000 BNB coins to celebrate the successful completion of the Harmony (ONE) initial exchange offering (IEO) on Binance Launchpad. The announcement by the exchange came a few hours after Harmony announced that it would...

Bitcoin Airdrop Hand CoinZest Blue Parachute

CoinZest Airdrop Event Goes Wrong, Customers Receive $5.3 Million Worth of Crypto

January 23, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Exchange, News

CoinZest, a South Korean cryptocurrency exchange has been left with no choice but to roll back all transactions on its servers after it mistakenly airdropped bitcoin and altcoins amounting to $5.3 million to its clients, instead of the intended We Game tokens (WGT), according to local news source, CoindeskKorea on...

Blockchain Wallet is Giving Away $125 Million Worth of Stellar Lumens

November 7, 2018 by Priyeshu Garg at Altcoins, Blockchain, Finance, News, Platform, Tech, wallet

Cryptocurrency wallet provider Blockchain.com has launched full support for altcoin Stellar (XLM), which will be followed by an airdrop of $125 million worth of XLM to its user base, the company announced in a blog post on November 6, 2018. Stellar Foundation to Airdrop $150 Million in XLM In celebration...

Bacon-backed Bacoin Slammed with Cease-and-Desist

May 4, 2018 by Priyeshu Garg at Altcoins, News, Regulation

Less than a few days after the launch of the Bacoin crypto promotion by Oscar Mayer, it appears the gag cryptocurrency has already hit a snag as the promoters of Bacoin have been served with a cease-and-desist letter. This new development is an unexpected twist in a story that seemed...

Time to Say Goodbye: TRON offers 30 Million TRX Airdrop as Parting Gift to Ethereum

April 24, 2018 by Priyeshu Garg at Altcoins, Business, News

TRON has announced that it will be carrying out a 30 million TRX airdrop to the Ethereum community via a blog post on the project’s Medium account on April 21, 2018. According to the announcement, the airdrop is a show of gratitude towards the Ethereum community for its support throughout...