Crypto Users Bridge Millions to zkSync Blockchain in Hopes of Token Airdrop
Crypto users that frequently interact with new and existing platforms will likely receive an airdrop at some stage – which has quickly spurred the narrative of “airdrop farming” in Crypto Twitter circles, as large airdrops can be valued at thousands of dollars in effectively free money at peak.
Related Posts


Blockchain Bites: Coinsquare Conclusion, Ethereum Fees and a GPT-3 Poet
Jul 22, 2020 at 16:32 UTCBlockchain Bites: Coinsquare Conclusion, Ethereum Fees and a GPT-3 PoetAustralian blockchain startups are taking tech giants to court for banning crypto advertisements during the ICO boom, Coinsquare executives have settled over accusations of wash trading and South Korea is mulling increased taxes on crypto profits. You’re reading Blockchain Bites, the daily…

OKX Goes Live in UAE, Targeting TradFi Institutions, Retail Market
OKX has started operations in the country nine months after receiving a full license from VARA. The exchange is particularly targeting institutional investors who are new to crypto. 07:58 Most Influential 2023: The People Who Defined the Year in Crypto 00:36 The 'Real Question' About Sam Bankman-Fried's Trial is What Happens Next: Kevin O'Leary 05:08

U.S. Blocks China-Tied Crypto Miners as ‘National Security Risk’ Near Nuke Base
The White House says a Chinese crypto-mining operation set up shop within a mile of a U.S. nuclear missile base without getting proper clearance. The order to shut it down said it's using foreign-source technology that poses national-security concerns.President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt

Gold Funds See Big Outflows Alongside Rush of Money Into Bitcoin ETFs
Gold ETFs have seen heavy outflows since the ten spot bitcoin ETFs launched on Jan. 11.The bitcoin ETFs have seen huge inflows, with the two largest sporting nearly $10 billion in AUM just more than a month after opening.This doesn't necessarily mean money is leaving gold for bitcoin.While the new spot bitcoin ETFs have received

As Plasma Stalls, Snarks Become New Hope for Scaling Ethereum Now
Efforts to scale ethereum, the world's second-largest blockchain, are growing more varied as one much-anticipated solution encounters pitfalls amid its continued development. At the forefront of this transition has been plasma, a concept widely heralded as ethereum's best bet for short-term scaling. Already, researchers behind the tech have built five distinct versions of the protocol –…

Retiring CEO of Giant Asset Manager Vanguard Shunned Bitcoin ETFs. Will His Replacement?
Tim Buckley, the Vanguard CEO under whose watch the giant asset manager has shunned spot bitcoin ETFs, will retire this year and a search is underway for his replacement, according to a statement from the company.While other major U.S. financial institutions have embraced the recently approved bitcoin ETFs, Vanguard has stood out for not allowing

Bitcoin’s Latest Rally May Have Staying Power, Exchange Flows Suggest
Jul 28, 2020 at 18:13 UTCBitcoin’s latest rally may have legs, according to recent data. (analogicus/Pixabay)Bitcoin is currently trading above $10,000, but is the latest move into five figures here to stay? Data suggests this rally might have legs. The leading cryptocurrency has failed a number of times during the last 12 months to keep…

WATCH: Blockstack CEO Discusses His Regulatory ‘Ah-Ha’ Moment
news Muneeb Ali, CEO of Blockstack, is attempting to build a decentralized internet where users have control over their own data. In this interview with Coindesk’s Leigh Cuen he discusses how his firm’s native utility token gained Reg A+ regulatory approval and what that means for the industry. “This is the first time ever that…