ExchangeDEX+
Buy CryptoMarketsSpotFuturesGOLDEarnEvent Center
More
Commodity Zero-Fee Gala

Airdrop

An Airdrop is a distribution of free tokens to a community, typically used as a marketing tool or a reward for early protocol adopters and testers. In 2026, the "points-to-airdrop" model has matured into merit-based incentive programs that utilize Sybil-resistance and Proof-of-Humanity to filter out bots. Airdrops remain a primary method for decentralized governance (DAO) bootstrapping. Follow this tag for the latest on retroactive rewards, eligibility criteria, and how to participate in the most anticipated token distributions in the ecosystem.

5470 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Gate Alpha Launches 119th Points Airdrop Offering PUMP Tokens

Gate Alpha Launches 119th Points Airdrop Offering PUMP Tokens

Gate Alpha launches its 119th airdrop with PUMP tokens, enhancing cross-chain trading and liquidity.

Author: coinlineup

2025/12/02

Best Crypto Presales Right Now: IPO Genie Gains Worldwide Momentum

Best Crypto Presales Right Now: IPO Genie Gains Worldwide Momentum

Bitcoin and the wider market keep swinging, yet new money still looks forward, not back. Global data from leading trackers […] The post Best Crypto Presales Right Now: IPO Genie Gains Worldwide Momentum appeared first on Coindoo.

Author: Coindoo

2025/12/02

Bitget – Interlink (ITLG) là gì? Giao thức xác minh con người hướng tới việc ứng dụng Web3 toàn cầu

Bitget – Interlink (ITLG) là gì? Giao thức xác minh con người hướng tới việc ứng dụng Web3 toàn cầu

Khi Web3 phát triển từ những token mang tính đầu cơ sang hạ tầng thực tiễn, một câu hỏi ngày [...] The post Bitget – Interlink (ITLG) là gì? Giao thức xác minh con người hướng tới việc ứng dụng Web3 toàn cầu appeared first on VNECONOMICS.

Author: Vneconomics

2025/12/02

Ethereum developers push forward with the deployment of the ZK-based "Secret Santa" system.

Ethereum developers push forward with the deployment of the ZK-based "Secret Santa" system.

PANews reported on December 2nd, citing CoinDesk, that Ethereum developers are refining a zero-knowledge protocol designed to provide stronger privacy guarantees for on-chain interactions. The project starts with a matching system similar to a "secret Santa," which is expected to evolve into a wider suite of private collaboration tools. Solidity engineer Artem Chystiakov revisited this research in a post on the Ethereum community forum on Monday, mentioning his initial work published on arXiv in January. The idea is to recreate an anonymous gift-swapping game on Ethereum, where participants are randomly paired and no one knows who is sending gifts to whom. However, achieving this on a transparent blockchain requires addressing several long-standing issues surrounding randomness, privacy, and resistance to Sybil attacks. Chystiakov states that the core problem is simple: "Everything on Ethereum is visible to everyone," the blockchain cannot provide true randomness, and the system must prevent users from registering multiple times or assigning gifts to themselves. The proposed protocol uses zero-knowledge proofs to verify the relationship between sender and receiver without revealing identity information, and uses transaction relayers to submit operations, so that no single wallet can be linked to a specific action. This type of zero-knowledge layer can be applied to anonymous voting, DAO governance, whistleblowing channels, and private airdrops or token distributions that avoid revealing receiver information.

Author: PANews

2025/12/02

Is Crypto Dead? No, But the Chaos Means the Smartest Play Is Parking Funds in Stable Assets Like NNZ Token.

Is Crypto Dead? No, But the Chaos Means the Smartest Play Is Parking Funds in Stable Assets Like NNZ Token.

The question Is Crypto dead? is everywhere right now, fueled by market pullbacks, regulatory pressure, and shifting sentiment.  Some even ask whether crypto is dying or whether blockchain is dead, but the data tells a different story.  The industry isn’t disappearing, it’s transforming.  And in times of chaos, the smartest move for many investors is […] The post Is Crypto Dead? No, But the Chaos Means the Smartest Play Is Parking Funds in Stable Assets Like NNZ Token. appeared first on TechBullion.

Author: Techbullion

2025/12/02

Ethereum developers working on a ZK protocol for on-chain interactions privacy

Ethereum developers working on a ZK protocol for on-chain interactions privacy

Ethereum developers are advancing a new zero-knowledge protocol that aims to bring stronger privacy to on-chain interactions, beginning with a cryptographically verified Secret Santa–style matching system.Though playful in theme, the work reflects a growing push within the Ethereum ecosystem to design practical privacy frameworks that can be deployed across a range of real-world applications.A push for private coordination in EthereumThe idea resurfaced recently after Solidity engineer Artem Chystiakov highlighted research he and collaborators first published earlier this year.Their proposal, known as the ZK Secret Santa (ZKSS) protocol, describes a method for matching participants on-chain without exposing who is assigned to whom.The challenge is heightened by Ethereum’s fully transparent state, lack of native randomness and the long-standing problem of Sybil resistance.To address these constraints, the ZKSS design leans heavily on zero-knowledge proofs, transaction relayers and cryptographic nullifiers.Together, these tools allow participants to prove their place in the game, contribute randomness and receive assignments without revealing the underlying identity linkages that would otherwise be visible on-chain.The use of a relayer is central to the privacy guarantee. During the matching phase, participants submit their randomness through the relayer, which broadcasts the transactions on their behalf.Because the relayer masks the origin of each submission, no observer can infer which address contributed which value.The protocol’s zero-knowledge proofs then verify that each randomness submission is valid, tied to a legitimate participant and not duplicated.Inside the three-step protocolThe ZKSS system unfolds in three coordinated steps.First, all participants are registered in a smart contract, which stores their addresses in a sparse Merkle tree.This setup needs to be done only once, allowing for repeated Secret Santa rounds without rebuilding the participant list.The registration tree later enables proof-based membership checks without exposing wallet relationships.The second stage, called signature commitment, requires each participant to commit to a deterministic ECDSA signature.This commitment prevents them from using signature variability to bypass anti-Sybil protections.Each signature hash is stored in a separate Merkle tree, with the contract verifying that the sender belongs to the initial participant set.After committing, players generate and publish a unique randomness value. They do this privately, but their proof shows that the randomness belongs to a legitimate participant and hasn’t been reused.Players are encouraged to use RSA public keys as their randomness so they can later receive encrypted delivery details from their assigned counterpart.The final step is the receiver disclosure phase. Here, each participant reveals themselves to the person who drew their randomness. They provide a proof showing they are not claiming their own slot and that their nullifier does not conflict with the randomness they selected.With this final verification step, the protocol completes the matching without leaking any sender-receiver mappings to the public chain.A framework with broader usesAlthough framed as a Secret Santa algorithm, the implications reach far beyond seasonal gift exchanges.Ethereum’s growing intersection with regulated finance, governance, and organisational coordination has amplified the need for permissionless privacy systems.The same framework can support anonymous voting in DAOs, whistleblower channels where members must prove eligibility without exposing identity, and private airdrops that avoid revealing recipient lists.Its structure, Merkle trees for membership checking, deterministic signatures for Sybil resistance, and zero-knowledge proofs for correctness, mirrors the backbone of many emerging privacy-first protocols.Developers expect continued refinement as the community tests the ZKSS design and explores interoperability with existing Ethereum tooling.The early research suggests that privacy-preserving, verifiable coordination can be achieved without trusted intermediaries, marking a notable step toward more confidential activity on public blockchains.The post Ethereum developers working on a ZK protocol for on-chain interactions privacy appeared first on Invezz

Author: Coinstats

2025/12/02

Solana Rises as the #1 Payments Network with 402x Growth

Solana Rises as the #1 Payments Network with 402x Growth

Solana Experiences Record-Breaking Week in x402 Payments Solana has achieved its most significant weekly activity to date, with daily payment volumes soaring to approximately $380,000 on November 30. This milestone represents an impressive 750% increase compared to the previous week, underscoring the rapid adoption of the x402 protocol for machine-driven micropayments on the blockchain. The [...]

Author: Crypto Breaking News

2025/12/02

Gate Alpha is launching its 119th round of points airdrops. Holders of the corresponding points can be among the first to receive 2,100 or 7,800 PUMPs.

Gate Alpha is launching its 119th round of points airdrops. Holders of the corresponding points can be among the first to receive 2,100 or 7,800 PUMPs.

PANews reported on December 2nd that Gate Alpha will launch its 119th PUMP airdrop at 18:00 (UTC+8) on December 2nd. This airdrop will use a tiered system with different tiers. Users holding 130 ≤ Gate Alpha points ≤ 172 points can receive 2,100 PUMP airdrop tokens, consuming 12 Gate Alpha points; those holding ≥ 173 Gate Alpha points can receive 7,800 PUMP airdrop tokens, consuming 15 Gate Alpha points. The top 4 gainers on Gate Alpha today are: BEO (1180.42%), NYAN (458.53%), BYND (141.20%), and KABUTO (100.24%). Gate Alpha now supports popular public chains such as SOL, ETH, Gate Layer, BNB Chain, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain. It also enables seamless trading of tokens across the entire chain through the contract address search function, opening up cross-chain transaction links and making all on-chain tokens available with a single click.

Author: PANews

2025/12/02

Grok Says Blazpay Could Be the Next New Crypto Coin to Buy Before Phase 4 Ends, While WAX (WAXP) Holds Steady

Grok Says Blazpay Could Be the Next New Crypto Coin to Buy Before Phase 4 Ends, While WAX (WAXP) Holds Steady

The 2025 crypto market has renewed interest in early-stage opportunities, making crypto presales an attractive avenue for token holders seeking new crypto coin with strong growth potential. Among emerging projects, Blazpay and WAX (WAXP) stand out for their unique utilities and ecosystem advantages. Blazpay presale Phase 4 allows early adopters to acquire tokens at a […] The post Grok Says Blazpay Could Be the Next New Crypto Coin to Buy Before Phase 4 Ends, While WAX (WAXP) Holds Steady appeared first on TechBullion.

Author: Techbullion

2025/12/02

Despite receiving investment from Tether and endorsement from the Central Bank of Brazil, why is Rayls, an enterprise-grade blockchain, more praised than commercially successful?

Despite receiving investment from Tether and endorsement from the Central Bank of Brazil, why is Rayls, an enterprise-grade blockchain, more praised than commercially successful?

Author: Frank, PANews Amidst the recent market lull, the relatively unknown project Rayls officially launched its TGE on December 1st. This project, which previously received almost no attention, secured support from two leading overseas exchanges known for their stringent compliance and risk control measures, Coinbase and Kraken, during its initial launch phase. It also simultaneously listed on multiple exchanges including Binance Alpha, Gate, and Bitget. This has drawn curious glances from the market towards Rayls. What kind of background and resources could attract the attention of compliant exchanges? Is this project, which attempts to bridge the gap between "permissioned blockchains" and "public blockchains" and holds the entry ticket to the Brazilian Central Bank's DREX pilot program, truly ushering in a new era for RWA, or is it just "new wine in old bottles"? Backed by the Central Bank of Brazil, Latin American resources attract investment from Tether. Rayls is targeting the enterprise-compliant blockchain market, which is not a new concept. As early as a decade ago, consortium blockchains or private blockchains like Hyperledger Fabric or R3 Corda emerged and began operating. However, due to the sacrifice of global liquidity, most of these private or consortium blockchains became data silos. Rayls' re-entry into the market has attracted the attention of major players, with its developer, Parfin, providing it with extensive industry resources and technological expertise. Founded in 2019, Parfin is headquartered in London, UK, and Rio de Janeiro, Brazil. Prior to Rayls, Parfin had been operating as a Web3 infrastructure provider for many years, offering custody, trade execution, and asset management solutions to banks, fintech companies, and cryptocurrency exchanges. This "business first, public chain later" development path has allowed Rayls to have an existing clientele from its inception, including top financial institutions such as Santander and Itaú. In addition, Tether recently announced an investment in Parfin, the company that develops Rayls, to promote USDT adoption among institutions in Latin America. Meanwhile, Rayls has been launched on Núclea, Brazil's largest financial market infrastructure provider, which was also one of the investors in Rayls' Series A funding round. Rayls's ability to attract the attention of institutions and companies like Tether is largely due to its extensive experience in Latin America. Rayls's biggest backer is the Central Bank of Brazil. In 2024, the Central Bank of Brazil launched a test project for a central bank digital currency called DREX. Rayls successfully participated in two rounds of testing, providing its privacy solutions. Furthermore, Rayls was selected for JPMorgan Chase's Project EPIC's Kinexys program in 2024, again highlighting its strengths in privacy and identity solutions. This resource-driven model makes Rayls more practically applicable compared to previous enterprise-grade blockchain networks. Rayls' operational strategy focuses on using privacy solutions as a breakthrough to deeply participate in the issuance of central bank digital currencies in various countries, thereby building its own competitive advantage. In November, Rayls announced its participation in the Bank of England and Bank for International Settlements London Central DLT Innovation Challenge. Previously, it also won second place in the 2023 G20 TechSprint hosted by the BIS (Bank for International Settlements). However, this focus on institutional investors also means that Rayls is unlikely to gain much visibility among ordinary investors. Public blockchain + private blockchain: a technological breakthrough or just old wine in new bottles? Rayls' solution doesn't seem new; it's similar to Avalanche's master-slave network concept. Rayls' overall architecture can be summarized as an Ethereum L2+EVM compatible private chain model. It mainly consists of three parts: Rayls Public Chain (RPC), Rayls Private Networks (VENs), and Rayls Privacy Node. Rayls Public Chain (RPC) is the public blockchain component of Rayls, an Ethereum L2 blockchain. However, while it's a permissionless public chain, any wallet address wishing to interact with the Rayls public chain must first undergo decentralized identity (DID) verification to prove it is not a sanctioned entity. From a certain perspective, this might limit the participation of some users. However, for Rayls, their ultimate goal is to achieve a completely "clean" DeFi environment, and this restriction seems necessary—both a drawback and a competitive advantage. Rayls Private Networks (VENs) is the primary component involving banks and other institutions. It's a private blockchain with fully privacy-preserving mechanisms. Each financial institution can establish its own private subnet and run its own privacy ledger on it. On one hand, because it operates on a single node, it achieves optimal performance. On the other hand, VENs incorporates the Enygma privacy protocol, combining zero-knowledge proofs (ZKPs) and fully homomorphic encryption (FHE) technologies, meeting the privacy requirements of these institutions. Rayls Privacy Node is the node software that connects the two. As a blockchain specifically designed for banks and financial institutions, performance is a particularly critical factor. According to Rayls' white paper, its public chain can achieve sub-second speeds, while the private chain's single-node throughput can exceed 10,000 TPS. However, in a 2025 speech, Renato Diaz de Brito Gomez, Deputy Governor of the Central Bank of Brazil, revealed that in Rayls' technical solution, "the Total Settlement System (RTGS) can process 300 transactions per second, the Drex system without privacy features processes 150 transactions per second, and with privacy features enabled, the Drex system's processing speed drops to less than 10 transactions per second." From this perspective, Rayls still faces challenges in balancing privacy and performance. According to Messari's report, Rayls' mainnet version V1 will not be launched until the first quarter of 2026. In the second quarter of 2026, they plan to release version V3 of their privacy nodes, supporting multiple network connections, and deploy Enygma to the public blockchain in the third quarter of 2026. Before the mainnet launch, Rayls will prioritize deploying privacy nodes in financial institutions, integrating with private networks, and optimizing the onboarding process for institutional clients. Retail investors aren't buying in? Community accuses airdrop rules of being rigged. On November 19, the well-known research institution Messari released a research report on Rayls, which marked the beginning of public attention to Rayls. Currently, the most discussed topics about Rayls are related to the attention garnered by the TGE and Messari reports. Regarding token economics, Rayls' token, RLS, has a total issuance of 10 billion, with an initial supply of 1.5 billion after launch. Whales Market's pre-market data shows that the pre-market price reached a high of $0.084, but the price declined steadily after launch. As of December 1st, it had fallen from $0.068 at the opening to $0.017, a drop of approximately 75%. As of December 2nd, RLS's circulating market capitalization was approximately $38 million, and its total circulating market capitalization was approximately $250 million. Based on FDV, its market capitalization is close to that of Sonic; however, based on circulating market capitalization, it ranks near the bottom of the L1 tier. There are likely two reasons for this opening price collapse. Firstly, Rayls previously had a low profile in the crypto space, and retail investors lacked understanding of him. Secondly, the relatively low total airdrop amount and unfair rules disappointed the community. On November 10th, Rayls announced that 200,000 people had built projects on the Rayls testnet and completed 1.6 million transactions. As of December 1st, data from its testnet showed a total of 5.04 million transactions completed, with over 2.025 million addresses participating. Prior to its launch, Rayls initiated a verification experiment called "Proof of Humanity," which involved conducting KYC (Know Your Customer) verification on-chain. Upon successful verification, users received a Rayls-certified NFT. According to official data, over 150,000 identity verifications were completed. Based on these figures, Rayls' performance can be considered average. Meanwhile, community feedback indicates the airdrop was pitifully small. Some users reported that despite investing significant time in completing tasks and increasing participation, they received less than Binance Alpha users, receiving only around 700 tokens. One user bluntly stated, "Rayls needs to answer one question: what value has it actually provided to users who have supported this project from the beginning?" According to PANews' analysis of on-chain data, the Rayls on-chain airdrop contract account received a total of 110 million tokens. Based on a price of 0.0186, the total value of this airdrop is estimated to be approximately $2.04 million. Rayls Authentication Task List Overall, Rayls' core strength lies in its precise targeting of the pain point where traditional financial institutions are eager to embrace DeFi but fear compliance risks. However, as a public chain primarily serving institutional clients, its appeal to ordinary users or retail investors is not particularly high. Especially when every user logging into the network needs to undergo KYC, its "permissionless" concept is indeed questionable, which will significantly dampen the enthusiasm of ordinary users. Furthermore, whether Rayls' proposed privacy-compliant technical solution can operate stably under the pressure of hundreds of millions of daily transactions in banks remains to be seen. Rayls presents an ambitious blueprint: bringing banks onto the blockchain. But before that, it must prove itself not only to gain regulatory approval but also to withstand the challenges and technological pressures of the decentralized market. Until the mainnet V1 is officially launched and performance bottlenecks are resolved, RLS may still be seen as an expensive entry ticket for institutions, rather than an Alpha for retail investors.

Author: PANews

2025/12/02

Recommended by active authors

BitcoinEthereumNews
BitcoinEthereumNews
1490Articles
PANews
PANews
1243Articles
Coinstats
Coinstats
404Articles
Coindoo
Coindoo
282Articles

Related Tags

#Token-Listing#On-chain#Whale#ETF#Liquidation#Index#Perpetual-Contracts#Options#Futures

Latest Articles

Verra Mobility Schedules Fourth Quarter 2025 Earnings Call

Verra Mobility Schedules Fourth Quarter 2025 Earnings Call

2026/02/09 21:46
XAU/USD stalls at $5,000 with the bullish trend in play

XAU/USD stalls at $5,000 with the bullish trend in play

2026/02/09 21:43
Why the $60K-$62K Zone Is Make or Break

Why the $60K-$62K Zone Is Make or Break

2026/02/09 21:02
Takaichi victory fuels markets and policy shift – Danske Bank

Takaichi victory fuels markets and policy shift – Danske Bank

2026/02/09 21:01
Super Bowl Karaoke: Coinbase Ad Sparks Mixed Reactions

Super Bowl Karaoke: Coinbase Ad Sparks Mixed Reactions

2026/02/09 21:00