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
Binance recovers illegally obtained Alpha airdrop proceeds and freezes user assets.

Binance recovers illegally obtained Alpha airdrop proceeds and freezes user assets.

PANews reported on November 24th that, according to @cryptobraveHQ, Binance appears to have initiated a crackdown on illegal arbitrage activities during the Alpha airdrop, freezing multiple user accounts. One account had 14,457 USDT frozen, with an outstanding balance of 10,525.77 USDT. Screenshots show Binance stating that users "violated regulations on the Alpha platform and improperly obtained airdrops." Binance co-founder He Yi subsequently responded that "ordinary users are not affected."

Author: PANews
Pump.fun (PUMP) Price: Platform Withdraws $436.5M USDC as Token Falls 24% Weekly

Pump.fun (PUMP) Price: Platform Withdraws $436.5M USDC as Token Falls 24% Weekly

TLDR Pump.fun has withdrawn $436.5 million USDC since mid-October, with $405 million moved to Kraken in the past week alone The funds appear to be proceeds from Pump.fun’s June private sale where institutions bought PUMP tokens at $0.004 each PUMP token has crashed 24% in one week and is trading at $0.0026, below the private [...] The post Pump.fun (PUMP) Price: Platform Withdraws $436.5M USDC as Token Falls 24% Weekly appeared first on Blockonomi.

Author: Blockonomi
MEXC’s Blue Chip Blitz Concludes Successfully with Over 150,000 Participants

MEXC’s Blue Chip Blitz Concludes Successfully with Over 150,000 Participants

Victoria, Seychelles, November 24, 2025 – MEXC, a leading global cryptocurrency exchange, announced the successful conclusion of its Blue Chip Blitz campaign, which attracted over 150,000 participants worldwide. The campaign ran from October 15 to November 14 and featured a total reward pool of $2 million across five events. Zero trading fees were applied to [...] The post MEXC’s Blue Chip Blitz Concludes Successfully with Over 150,000 Participants appeared first on Blockonomi.

Author: Blockonomi
Pump.Fun (PUMP) Price: Token Drops 24% as Team Withdraws $436M

Pump.Fun (PUMP) Price: Token Drops 24% as Team Withdraws $436M

TLDR Pump.fun has withdrawn $436.5 million USDC since October 15, with $405 million moved to Kraken in the past week alone The funds appear to be proceeds from Pump.fun’s June private sale where institutions bought PUMP tokens at $0.004 each PUMP token has dropped 24% in one week and is now trading at $0.0026, below [...] The post Pump.Fun (PUMP) Price: Token Drops 24% as Team Withdraws $436M appeared first on CoinCentral.

Author: Coincentral
You can claim a Sparkle (SSS) airdrop of 640 tokens with at least 256 Binance Alpha Points.

You can claim a Sparkle (SSS) airdrop of 640 tokens with at least 256 Binance Alpha Points.

PANews reported on November 24 that, according to an official announcement, Binance Alpha is the first platform to list Sparkle (SSS), and Alpha trading will begin at 18:00 (UTC+8) on November 24, 2025. Users holding at least 256 Binance Alpha Points can claim a token airdrop. Claim 640 SSS tokens on the Alpha event page. If the event continues, the points threshold will automatically decrease by 5 points every five minutes. Please note that claiming the airdrop will cost 15 Binance Alpha Points. Users must confirm their claim within 24 hours on the Alpha event page; otherwise, they will be considered to have forfeited their airdrop claim.

Author: PANews
The market hasn't recovered, only admitted its innocence: crypto repricing in the post-market maker era.

The market hasn't recovered, only admitted its innocence: crypto repricing in the post-market maker era.

Author: Zuo Ye Network effects extend beyond the internet. Water and electricity are highly exclusive, making them very suitable for "monopolistic" collective management, which can benefit or harm the whole society. However, the network of relationships between people is naturally distributed and decentralized, and even a super social elite would find it difficult to know everyone. Is crypto a web of funds, or a arena for interaction between people? Satoshi Nakamoto clearly believed it was the latter, a peer-to-peer transaction model. Starting from this point, the history of the cryptocurrency world has been about fully embracing the connection of funds as capital appreciates and expands, while reducing direct interaction between people. The only reasonable question is: how long will this dense network of funds collapse? Why is the market recovering? Many people are still reeling from the crashes and liquidations of October 11th and November 3rd, wondering how long it will take for synthetic stablecoins, Vault, and Yield products to recover. However, Hyperliquid's BLP and HIP-3 growth models are coming one after another, and Framework's stablecoin YC has been launched on Sky. There's also Aave's sudden arrival of V4 and a mobile financial product app. In terms of absolute data, the market is indeed in a recovery period, but in terms of personal experience, project teams seem to be innovating by closely following historical trends. In other words, market cycles have become decoupled from retail investor activity, which is not uncommon. The fundamentals of the US economy have little to do with the real economy. Trump's only concern is interest rate cuts and stock prices. Americans and the real economy are just one part of the game. In this cycle, if one still believes in a four-year Bitcoin cycle, then one is simply stuck in a time machine from 2017. Like the flash crash of Cloudflare, the crypto infrastructure is constantly changing. DEXs, represented by Hyperliquid, have indeed taken over the CEX market, especially in conjunction with Meme, which has changed the token valuation, pricing, and distribution system. The era of CEXs is visibly dying out, with Kraken valued at only $20 billion, and many CEXs turning to support their own DEXs. When high FDV impacted Binance's pricing system in 2024, VCs were already dead, and then it became the era of market makers: Hyperliquid and other Perp DEXs were backed by market makers, as were many YBS projects. SBF came from Jane Street, Jeff came from Hudson River Trading, and the founder of Variational came from the market-making department of DCG. Even during the ADL liquidation on October 11, market makers were the first to be affected. Fortune and misfortune are intertwined, and the market structure dominated by market makers becomes more rigid and rigid more quickly than that dominated by CEXs. Web3Port's frantic dumping of tokens manipulated the price, DWF's repeated manipulation of token prices, and even Hyperliquid's HLP faced similar accusations. Whether it's a centralized market maker or a decentralized vault, anyone participating in a market-making system cannot escape the suspicion of market manipulation. If we call the current market structure a "recovery," then market makers have been severely impacted, rendering them unable to continue manipulating the market, which in turn has led to market stabilization. This is not uncommon. Before FTX collapsed in 2022, there were rumors that Alameda once held 20% of the market-making share in the BTC market. In the SBF & FTX biography "Towards Infinity", SBF admitted that they were the earliest professional company to make large-scale market-making. Image caption: BTC liquidity plummets Image source: @KaikoData Returning to the flash crash of October 11, from the perspective of market makers, it was a purely technical crisis, or rather, the trading liquidity before that was a technical golden age: there were no retail investors trading, but market makers buying and selling. Image caption: Sharp drop in liquidity on October 11th. Image source: @coinwatchdotco The existence of market makers is not a problem in itself, but for altcoins or new TGE coins, it means a huge sell-off. Airdrop hunters, arbitrageurs, and even VCs and project teams themselves will resolutely sell to market makers to lock in profits. Market makers are caught in a dilemma: if they don't manipulate the market, they will inevitably absorb all the worthless coins, or they will become the Lich King, increasing market volatility as much as possible to make a little money for themselves and occasionally let market participants make a little money as well. Image caption: Mainstream market makers' positions Image source: @arkham The reasoning here has a major flaw: it only shows the composition and changes in market makers' positions, making it difficult to analyze in detail how they manipulate the price within the CEX. Data from DEXs like Hyperliquid is relatively transparent, and we'll leave that for future analysis. In summary, the market is not experiencing a rebound, but rather a situation where market makers have suffered heavy losses, coupled with the successive collapses of the YBS project, rendering them unable to manipulate the market. Now, the true price mechanism is at work. There is no recovery, only honesty. The 70% Law of Natural Monopoly The various sub-sectors of crypto have already revealed products with "natural monopoly" characteristics, such as EVM. In contrast, the Bitcoin network as infrastructure has failed. Everyone desires BTC, but no one wants to engage in P2P transactions. Aside from proponents like Jack Dorsey who insist on using the Bitcoin network as a stablecoin chain, the pipe dream of BTCFi has been real and tragic enough. Stopping the fantasy about it will benefit the entire industry. Aside from EVM, only Binance and USDT are close to the concept of "monopoly" as super single products. Note that this does not conflict with the impact of DEX on CEXs, or the innovative impact of USDC/USDe/YBS/Curator. Super Item ≠ Track In other words, Binance and USDT are working hard to resist entropy increase, while Ethereum, after experiencing a series of self-destructive actions (Infinite Garden, L2 scaling -> L1 scaling), and even now turning to privacy and AI, which emphasizes doing whatever it wants, is still the mainstream choice. However, Binance and USDT's market share, and even Hyperliquid's share on Perp DEX, have peaked at around 70%, and more market actions are needed to solidify their current positions. Image caption: Market share under a stable market structure Image credit: @GLC_Research @defillama @SPGlobal Based on experience, in a stable market structure, the top projects can occupy 70% of the market share in this sector. However, the market environment changes over time, and currently, the market share of Hyperliquid, USDT, and Binance has all dropped below 50%. Of course, EVM is absolutely stable in the overall VM track, with only a very few competitors such as SVM or Move VM, which can be regarded as entering an ultra-stable structure. Image caption: Mainstream market makers Image source: @coinwatchdotco Looking at market makers from this perspective again, we know that there are at most 20 mainstream market makers, and we speculate that they occupied the mainstream market position before October 11. However, they did not achieve a natural monopoly. Even if they forcibly maintained it, they are now at their limit. So how will the market structure change in the next stage? The transition between generations is underway. Taking the traditional financial approach means being limited by traditional financial valuation models. The path of becoming an internet fintech company is limited by the valuation scale of the internet industry. Only by forging a path suitable for cryptocurrency valuation models and breaking free from any existing industry definitions can a company like AI emerge as a top player with a market capitalization of 5 trillion. The market has been quite strange lately. Solana, as a pioneer in RWA and institutional adoption, has suddenly announced that its foundation chair, Lily Liu, wants to revive the cryptopunk dream, combined with Ethereum's return to the L1 scaling route and the privacy concept mentioned earlier, making Zcash incredibly popular. Crypto seems to be rediscovering the technological logic and valuation system of the crypto world, and these have less and less to do with market makers. Even when institutions adopt it, it's more about "crypto projects using institutional funds to do DeFi" rather than "selling crypto DeFi to institutions". In short, internally, get rid of MM (presumably referring to a specific organization or group); externally, get rid of the organization. Even OGs have to keep up with the new era. DAT, co-sponsored by Li Lin and Xiao Feng, was stillborn. After breaking through Chinese venture capital, the Big Name effect of OGs is also coming to an end. Encryption is reclaiming its dreams, at the cost of shedding the parasitic systems that underpin it. Referring to the most mature US capital market, A16Z is part of the US capital market, but Chinese VCs are not. Only the government, state-owned enterprises (state-owned capital groups), and internet companies (previously) had money. Reflecting on the situation of Chinese VCs in Web3, they lack the ability to participate in market pricing and distribution systems. Market makers and CEXs used to be able to, but after 10/11, the trend of on-chain integration in the industry has become increasingly clear. On-chain ≠ Decentralization. Hyperliquid, for example, is transparent on-chain but not decentralized in terms of physical nodes and token economics. Even in the reality of state-owned enterprise capitalization reform, it is not simply about selling the old and replacing it with the new, but about investing in new industries and exchanging it for a ticket to a new world. From this perspective, the biggest problem for market makers is similar to that of memes: liquidity has no value. In the extreme, nihilistic PvP, they make a fortune, but market makers cannot become the dominant force in the industry. Vitlaik has done too much in terms of dreams and long-term technological vision, while MM has done too little. It's better to be more moderate. Conclusion Essentially, this article is written for myself. Theoretically, the market should have stagnated after October 11th and November 3rd, but the decline in TVL did not hinder DeFi's innovation and self-correction, which I find puzzling. Vault, YBS (interest-bearing stablecoin), and Curators are still evolving. The market is more resilient than we imagine. If we still hold onto the same mindset we had a month ago, or even a week ago, we won't understand the market. In the post-MM-dominated era, the balance between cryptocurrency values and product profitability will redefine valuation logic.

Author: PANews
Gate Alpha is launching its 114th round of points airdrops. Holders of the corresponding points can be among the first to receive 36 or 150 BVT.

Gate Alpha is launching its 114th round of points airdrops. Holders of the corresponding points can be among the first to receive 36 or 150 BVT.

PANews reported on November 24th that Gate Alpha will launch its 114th BVT airdrop at 18:00 (UTC+8) on November 24th. This airdrop will use a tiered system with different tiers. Users holding 130 ≤ Gate Alpha points ≤ 168 points can receive 36 BVT airdrop tokens, consuming 12 Gate Alpha points; those holding ≥ 169 Gate Alpha points can receive 150 BVT airdrop tokens, consuming 15 Gate Alpha points. The top 4 gainers on Gate Alpha today are: TRISIG (259.94%), cryptoguy (137.35%), BSX (82.42%), and MCH (78.75%). 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
Monad Price Prediction: Monad Price in Focus After $269M Raise Ahead of Mainnet Launch

Monad Price Prediction: Monad Price in Focus After $269M Raise Ahead of Mainnet Launch

Monad collects $269M in a pre-mainnet sale consisting of 85,820 members, triggering excitement and price enthusiasm in the crypto community. The token sale of Monad at Coinbase is officially complete and, according to the official Monad account on X, has raised an incredible 269 million with 85,820 participants. This achievement is a precursor to their […] The post Monad Price Prediction: Monad Price in Focus After $269M Raise Ahead of Mainnet Launch appeared first on Live Bitcoin News.

Author: LiveBitcoinNews
Pump.Fun Cashes Out $436.5M USDC, Token Slumps 24% in 1 Week

Pump.Fun Cashes Out $436.5M USDC, Token Slumps 24% in 1 Week

Solana-based meme coin launchpad Pump.fun has withdrawn $ 436.5 million USDC since October 15, according to on-chain analysis. Data accumulated by cry

Author: CryptoNews
What Defines the Best Crypto Presale: Noomez ($NNZ) Insights

What Defines the Best Crypto Presale: Noomez ($NNZ) Insights

The post What Defines the Best Crypto Presale: Noomez ($NNZ) Insights appeared on BitcoinEthereumNews.com. Crypto Presales Discover what makes a top crypto presale with locked liquidity, high utility, and massive 250% bonuses in Noomez ($NNZ). Finding the best crypto presale is more than chasing hype or low prices. Savvy investors look for projects with strong fundamentals, transparent mechanics, and real-world utility.  Features like locked liquidity, deflationary tokenomics, and staged bonus structures can make a presale both secure and highly rewarding.  A project that combines these elements with community engagement and clear roadmaps stands out in a crowded market.  In this guide, we break down what defines a top-tier presale, using examples like Noomez ($NNZ), where locked liquidity, high utility, and a massive 250% bonus illustrate how early participation can maximize returns. Key Features That Define the Best Crypto Presale When searching for the best crypto presale 2025, investors should prioritize projects that combine security, transparency, and rewarding mechanics.  Locked liquidity ensures that funds are protected and reduces the risk of rug pulls, while deflationary tokenomics like stage-end burns create scarcity that can boost long-term value.  Clear roadmaps and achievable milestones give investors confidence in a team’s ability to deliver. Additionally, staged bonus structures-including early participation incentives-reward early backers and help build momentum.  A top presale also supports multiple payment options, ensuring easy access for a wide range of participants.  Projects like Noomez ($NNZ) exemplify these traits, with locked liquidity, verified contracts, deflationary burns, and massive Stage X Million bonuses, setting a standard for what makes a crypto presale both safe and potentially profitable. How Utility and Transparency Drive Presale Value A presale’s value goes beyond hype and early access. The best token presale offers real-world utility, whether through staking, governance, or platform integration, giving tokens purpose beyond speculation.  Transparency is equally crucial: open-source, verified smart contracts, clear vesting schedules, and public liquidity locks build…

Author: BitcoinEthereumNews