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.

5496 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Monad Airdrop Farmer Spends All $112K On Failed Trades

Monad Airdrop Farmer Spends All $112K On Failed Trades

The post Monad Airdrop Farmer Spends All $112K On Failed Trades appeared on BitcoinEthereumNews.com. A crypto airdrop farmer lost more than $112,000 in newly issued tokens by burning the entire reward on failed blockchain transactions. In crypto, a professional airdrop farmer (or squatter) is a person who interacts with emerging protocols solely for the airdrop rewards, often using multiple wallets to compound the rewards. Cryptocurrency wallet 0x7f4 received about $112,700 worth of Monad (MON) tokens as a reward for activity leading up to the launch. In an unfortunate turn of events, the trader lost the entire $112,000 across hundreds of failed blockchain transactions, which all deducted gas fees despite not being completed, according to blockchain data from Solscan. “Congratulations to 0x7f4e…fa7d who managed to spend their entire Monad airdrop (112.7k) on failed txn fees,” wrote crypto investor Joe, in a Monday X post. Transactions for wallet 0x7f4. Source: Solscan Related: Nasdaq-listed Enlivex plans $212M RAIN token play with ex-Italian PM onboard The incident serves as a reminder to run test transactions before large-scale transfers, which involve users sending a small amount of funds to the destination address to verify that the transfer parameters are correct. Based on the transaction patterns, the user behind the wallet probably submitted hundreds of transactions in a short time, likely through a script, but didn’t notice that the first transactions had begun failing. Related: $1.9B exodus and flicker of hope hits crypto investment funds: CoinShares SlowMist warns of Monad claim portal hack The incident came as some Monad airdrop recipients reported missing allocations. According to Cos, founder of blockchain security firm SlowMist, a vulnerability in the Monad claim portal allowed hackers to bind a user’s allocation to an attacker-controlled wallet. Multiple users reported not receiving their airdrop shares, which were “bound to a hacker’s address” before the allocation was disseminated, wrote Cos in a Tuesday X post. Cos said…

Author: BitcoinEthereumNews
Huma Finance's Q2 airdrop tracking is now live.

Huma Finance's Q2 airdrop tracking is now live.

PANews reported on November 26 that Huma Finance announced on its X platform that its Q2 airdrop tracking is now live, allowing users to check the number of tokens airdropped. Other information will be released soon.

Author: PANews
Pump.fun Co-Founder Rejects $436M Cash-Out Reports

Pump.fun Co-Founder Rejects $436M Cash-Out Reports

The post Pump.fun Co-Founder Rejects $436M Cash-Out Reports appeared on BitcoinEthereumNews.com. Pseudonymous Pump.fun co-founder Sapijiju rejected claims that the project cashed out more than $436 million in stablecoins, calling the allegations “complete misinformation” from the blockchain analytics firm Lookonchain.  In an X post, Sapijiju addressed the report, insisting that none of the transferred funds were sold. He said the USDC originated from the PUMP token’s initial coin offering (ICO) and was simply redistributed to internal wallets as part of the company’s treasury management process.  “What’s happening is a part of Pump’s treasury management, where USDC from the $PUMP ICO has been transferred into different wallets so the company’s runway can be reinvested into the business,” Sapijiju. “Pump has never directly worked with Circle.”  Treasury management happens when a project allocates, stores and moves its funds, such as operating capital, ICO proceeds or reserves, to ensure it can continue running. The transfers don’t necessarily indicate selling and can involve wallet reorganization and preparing budgets for future developments. Cointelegraph reached out to Lookonchain and Pump.fun, but had not received a response by publication.  Source: Sapijiju Fund movement sparked fears of selling pressure Sapijiju’s comments came after Lookonchain reported that wallets linked to the Solana memecoin launchpad had moved $436 million in USDC to the crypto exchange Kraken since mid-October, which was widely interpreted as a large-scale cash-out.  The fund movements coincided with Pump’s monthly revenue falling below $40 million for the first time since July, declining to $27.3 million in November, according to DefiLlama data. Despite this, data platforms DefiLlama, Arkham and Lookonchain showed that the Pump.fun-tagged wallet still held more than $855 million in stablecoins and $211 million in Solana (SOL).  Nicolai Sondergaard, research analyst at crypto intelligence platform Nansen, interpreted the perceived sell-off as a precursor to further selling. EmberCN said that the funds originated from institutional private placements of the…

Author: BitcoinEthereumNews
Polymarket Secures CFTC Approval for Regulated U.S. Return

Polymarket Secures CFTC Approval for Regulated U.S. Return

The world's largest prediction market platform has received official approval to return to American markets after a three-year ban.

Author: Brave Newcoin
MON rose by over 62% on first day of trading

MON rose by over 62% on first day of trading

The post MON rose by over 62% on first day of trading appeared on BitcoinEthereumNews.com. Monad launched its main net and opened MON trading, with versions on several chains. MON tokens rose by over 62% on their first day of trading.  The Monad ecosystem is shaping up as the native MON token entered price discovery. On the first day of trading, MON launched as a multichain asset.  MON expanded in the first hours of trading, with a mix of DEX activity and centralized listings. | Source: Coingecko MON traded at $0.04, up over 62% in its first day of trading. The token opened with $1.2B in trading for the first few hours, with 10.8B MON in circulation. The asset retains nearly 90% of its supply for future unlocks, for a total supply of 100B tokens.  Early MON trading was concentrated on a unique set of exchanges, including Coinbase, Bybit, and Upbit. MON trades on a mix of DEX and centralized exchanges. MON has a unique trading profile, with over 62% of early-stage volumes in a pairing with the Korean won. | Source: Cryptocompare Its most active markets make up a unique trading profile, with over 62% of volumes against the Korean Won, and the rest in fiat pairs with the US dollar.  Monad starts building liquidity Monad was a long-awaited airdrop, reaching out to older DeFi and NFT communities. The event was expected to revive the Web3 space while offering a new venue for trading.  Monad is a new EVM-compatible L1 chain, which once again raised questions on whether there is sufficient demand for another network. The Monad main net launched just as the Berachain community noted the new hot network was almost dead, just months after the initial hype.  For now, Monad is showing signs of early activity. Within hours, the main net invited over 100 apps.  Monad also launched with $115M in liquidity,…

Author: BitcoinEthereumNews
South Korea Postpones Crypto Tax Law Again, Targeting 2027

South Korea Postpones Crypto Tax Law Again, Targeting 2027

TLDR South Korea has delayed the implementation of its crypto tax laws for the fourth time, now targeting January 2027. The country’s crypto tax framework faces significant gaps including unclear definitions for various types of virtual asset income. Many transactions, especially on overseas exchanges, remain difficult for the government to track, leading to potential tax [...] The post South Korea Postpones Crypto Tax Law Again, Targeting 2027 appeared first on CoinCentral.

Author: Coincentral
CFTC Greenlights Polymarket’s US Market Entry

CFTC Greenlights Polymarket’s US Market Entry

The post CFTC Greenlights Polymarket’s US Market Entry appeared on BitcoinEthereumNews.com. Polymarket received formal approval from the CFTC to operate in the US with full regulatory oversight, allowing the platform to work with brokerages and offer intermediated access to American users.  The approval brings an on-chain prediction market into the US regulatory system for the first time, opening the door to larger institutions and deeper liquidity. Sponsored Sponsored A New Era After CFTC Approval Polymarket announced today that the US Commodity Futures Trading Commission (CFTC) approved a revised designation order. The decision enables the platform to offer intermediated access nationwide.  The prediction market can now work with regulated intermediaries and onboard US customers in full compliance. It can also operate a marketplace that meets the standards of federally supervised exchanges.  To reach this stage, the company enhanced its surveillance tools, oversight policies, clearing procedures, and reporting systems to support the transition. These upgrades move Polymarket from a crypto-native platform into a fully regulated exchange operating under CFTC rules. This approval also marks a broader shift in the regulatory landscape.  Pretty big news for Polymarket: The CFTC amended Polymarket’s “order of designation,” allowing it to work with futures commission merchants to list contracts. Before, Polymarket could only offer direct access. Most proximately, it would pave the way to go live with PrizePicks. pic.twitter.com/BQ8h6vJes2 — Dustin Gouker (@DustinGouker) November 25, 2025 For years, prediction markets operated in a legal gray area. US regulators often took a cautious or even hostile stance toward event-based trading. The CFTC’s decision signals a more open approach.  Sponsored Sponsored The move also unlocks institutional participation. Brokers, futures commission merchants (FCMs), trading firms, and liquidity providers can now access Polymarket’s markets legally. This greatly expands the platform’s potential scale and liquidity.  The ruling also positions prediction markets as a legitimate financial instrument. They can serve as tools for forecasting…

Author: BitcoinEthereumNews
Monad Rises After Airdrop While Bitcoin and Ethereum Droop

Monad Rises After Airdrop While Bitcoin and Ethereum Droop

The price of Monad’s native cryptocurrency rose on Tuesday, following an anticipated airdrop that initially underwhelmed some speculators.

Author: Coinstats
MegaETH pre-deposit campaign descends into chaos

MegaETH pre-deposit campaign descends into chaos

The post MegaETH pre-deposit campaign descends into chaos appeared on BitcoinEthereumNews.com. Key Takeaways What went wrong with MegaETH’s pre-deposit campaign? The campaign suffered a catastrophic multisig error, where the team accidentally set a 4/4 signature requirement instead of the intended 3/4.  How did the community react to the chaos? Sentiment was split approximately 60/40 bearish, with critics calling it a “clown show” and demanding refunds, while defenders praised the “raw demand” that locked in $500M. MegaETH’s 25 November pre-deposit campaign was supposed to be a straightforward liquidity bootstrap ahead of mainnet launch.  Instead, it turned into hours of crashes, cap changes, and accusations of rug pulls. The 156-second stampede The campaign opened at 9:00 AM EST for KYC’d Sonar wallet holders, offering a $250 million cap on USDC bridges from Ethereum.  Early depositors would receive 2.5% $MEGA airdrop multipliers—premium terms that sparked immediate FOMO. Then everything broke. Third-party APIs collapsed under demand within minutes. The site stayed down for an hour. When it finally reopened at 10:00 AM, the entire $250 million cap filled in just 156 seconds. Whales and bots gorged while retail scrambled. The MegaETH multisig disaster At 10:15 AM, the MegaETH team announced they’d raise the cap to $1 billion “to give users access to USDm day 1.”  Early depositors immediately revolted—this meant 4x dilution on their yields with no warning and no withdrawal option. However, the team clarified at 10:30 AM that “first wave unaffected” through multiplier protections and scheduled the bridge reopening for 11:00 AM. Then came the critical error. While preparing the $1 billion transaction on their Gnosis Safe multisig, reportedly, the team accidentally required 4/4 signatures instead of leaving it at 3/4 pending. This made the transaction executable by anyone. At 10:26 AM, 34 minutes before the scheduled reopening, a user spotted the blunder and executed the transaction. Deposits exploded uncontrollably. Damage control gone…

Author: BitcoinEthereumNews
Why is Monad Price Still Rallying and How Long Will It Last?

Why is Monad Price Still Rallying and How Long Will It Last?

The post Why is Monad Price Still Rallying and How Long Will It Last? appeared on BitcoinEthereumNews.com. Monad’s MON token continues to rally after its long-anticipated mainnet launch, defying the steep post-airdrop declines that dominated 2025. The token has climbed more than 70% above its Coinbase sale price while the broader crypto market trades under heavy pressure.  Data from on-chain activity, exchange flows, and token distribution offer a clear explanation for the outperformance — and reveal how long the rally may realistically last. Strong Day-One Performance Sets the Tone Monad launched its public mainnet and MON token on November 24 with roughly 10–11% of its 100 billion supply unlocked.  The airdrop and public sale provided liquidity, while more than 50.6% of the supply (team, investors, treasury) remained locked through 2029. Large Monad Holders Are Still Not Selling Any MON Token. Source: Nansen Sponsored Sponsored The launch attracted immediate attention. MON dipped about 15% in early trading, hitting $0.02 as airdrop sellers exited.  Buyers quickly absorbed the flow. Within 24 hours, MON traded near $0.03–0.035, and now sits around $0.04, more than 50–70% above its $0.025 public sale price. This strength stands out in a market where Bitcoin has dropped below $90,000 and total crypto market capitalization has fallen by more than a trillion dollars since October. Monad Price Chart. Source: CoinGecko Airdrop and Token Sale Created a Stable Holder Base Monad distributed roughly 4.73 billion MON in airdrops to 289,000 eligible accounts, with 3.33 billion ultimately claimed. The design targeted DeFi power-users, NFT traders, testnet contributors, and DAO participants rather than quest farmers. The Coinbase token sale, which raised $269 million from about 85,820 participants, added a second cohort of committed holders. These buyers anchored around the $0.025 sale price and proved less eager to dump at launch. Because insiders remain locked, early sellers were mostly airdrop recipients. This dynamic helped prevent the heavy cascades that crushed…

Author: BitcoinEthereumNews