User claims $11M in Blur token rewards at NFT marketplace’s season 2 airdrop
A pseudonymous nonfungible token (NFT) trader made around $11 million in the recent airdrop reward distribution conducted by the NFT marketplace Blur. Dune analytics data showed that a wallet with the Ethereum Name Service (ENS) tag called “hanwe.eth” claimed a total of 22 ...
How Argentina’s inflation is helping altcoins and the crypto market
On today’s Macro Markets show, veteran stock market and Cointelegraph analyst Marcel Pechman starts by analyzing Argentina’s 150% inflation, which proves that people continue to work and consume (somehow) even if their local currency loses its value.What is the lesson here? For starters, e ...
Here’s what happened to Arbitrum post-airdrop
On-chain analytics firm Nansen released a new report detailing what happened to the Arbitrum network after its popular airdrop event. From sustaining the surge of users and transactions to a decline in new wallets conducting their first transaction, the analytics company analyzed the impact of th ...
The Sandbox CEO’s Twitter Account Hacked for Fraudulent Distribution of SAND Tokens
Hackers hacked into a Twitter account belonging to the CEO of The Sandbox meta-universe project to fraudulently distribute native SAND tokens. His access to the account has now been restored. On Friday, May 26, The Sandbox CEO Arthur Madrid reported that his Twitter accou ...
Leo Schwartz: “Many Miami Bitcoin 2023 participants agree with Gary Gensler’s position.”
Fortune reporter Leo Schwartz caught up with participants at the Miami Bitcoin 2023 conference about the policies of the Securities and Exchange Commission (SEC) and its chairman Gary Gensler. Covering the Miami conference, Leo Schwartz was surprised to hear words of suppor ...
Base Reveals Criteria for Mainnet Launch and Bedrock Update Date
The developer cited five criteria for launching the mainnet Only two have been completed so far, with a third on the way This is the Bedrock update, scheduled for June 6 The team also said there will be no airdrop Yesterday, May 24, the Ba ...
Mysten Labs Denies Plans for Free Distribution of Tokens for Sui Blockchain Project
Mysten Labs, the company behind the development of the Sui blockchain project, has made it clear that there will be no free distribution of tokens. The co-founder of the company, Adeniyi Abiodun, took to Twitter to dismiss rumors of an impending airdrop and stated that there will never be one. ...
Huobi to add new ARB token to trading floor on Arbitrum second layer protocol
Huobi, a popular cryptocurrency exchange, has announced that it will soon be adding a new token called ARB to its trading floor. This token will be operating on the Arbitrum second layer protocol. The developers of ARB, Offchain Labs, have promised to conduct an airdrop on the same day the token ...