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.

5488 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Arthur Hayes Raises Concerns Over Monad’s MON Token Favoring Early Investors

Arthur Hayes Raises Concerns Over Monad’s MON Token Favoring Early Investors

The post Arthur Hayes Raises Concerns Over Monad’s MON Token Favoring Early Investors appeared on BitcoinEthereumNews.com. Arthur Hayes criticizes Monad’s native token MON for its structure that favors founders and venture capitalists over retail investors, labeling it a potential VC dump scheme due to high fully diluted valuation and low initial supply. Hayes highlights how limited circulating supply enables early stakeholders to profit at retail’s expense during price discovery. Despite a brief investment, Hayes exited his MON position quickly, expressing strong bearish views on the token’s viability. MON trades at $0.035874 with a 4.16% 24-hour decline and $379 million in volume, reflecting high-risk post-airdrop dynamics. Discover Arthur Hayes’ sharp critique of Monad’s MON token and its risks for retail traders in this in-depth analysis. Stay informed on crypto token economics—read now for essential insights. What Are Arthur Hayes’ Concerns About Monad’s MON Token? Arthur Hayes, co-founder of BitMEX, has voiced significant concerns regarding Monad’s native token, MON, arguing that its economic structure disproportionately benefits founders and venture capital investors at the expense of retail traders. He describes the model as a “VC dump scheme” due to its high fully diluted valuation paired with a limited initial circulating supply, allowing early holders to sell into rising prices driven by public interest. Despite holding a small position, Hayes remains 99% bearish, emphasizing that Monad lacks a competitive edge against established blockchains like Ethereum. How Does Monad’s Token Model Favor Early Investors Over Retail Traders? Monad’s MON token is designed with a large fully diluted valuation but only a fraction of tokens available at launch, creating an imbalance that Hayes criticizes as exploitative. This setup, according to Hayes, enables founders and venture capitalists to offload their holdings during the initial price discovery phase when retail investors rush in, potentially leading to sharp declines. Supporting data from market observations shows that such low-float, high-valuation tokens often experience volatility, with early…

Author: BitcoinEthereumNews
Crypto Enters Its Most Explosive Phase

Crypto Enters Its Most Explosive Phase

The post Crypto Enters Its Most Explosive Phase appeared on BitcoinEthereumNews.com. AltcoinsBitcoin Arthur Hayes isn’t trying to predict the next hot token — he’s predicting which blockchains will still be alive when the hype cycles are over. Key Takeaways  Arthur Hayes expects most new layer-1s to suffer extreme declines due to high FDV and low circulating supply structures. He believes only Bitcoin, Ethereum, Solana and Zcash are positioned to remain relevant long-term. Despite the warning, Hayes is extremely bullish on the wider crypto market because he expects massive global liquidity expansion. In his latest appearance on Altcoin Daily, the former BitMEX CEO drew a clear line between projects that exist to survive market cycles and those that exist to thrive only during them. Hayes said the crypto market is entering a phase where liquidity expansion — not halvings, not hype — will dictate growth. He expects governments to unleash large capital injections ahead of political campaigns, especially in the United States. In that type of environment, he believes crypto “goes vertical,” but with a catch: the strong get stronger while speculative experiments collapse even faster. Who Hayes Thinks Actually Survives Pressed to name networks he believes will remain relevant after the bull run ends, Hayes didn’t hesitate. His list was remarkably short: Bitcoin, Ethereum, Solana and Zcash. He said every other layer-1 should be treated as “an experiment first, an investment second.” His personal allocation mirrors that belief. Hayes recently confirmed that Zcash is the second-largest holding in his family office Maelstrom — only Bitcoin is bigger — reflecting his conviction that privacy-focused technology will become a central theme in digital finance. Why Monad Became a Flashpoint It was only after laying out his view of crypto’s long-term winners that Hayes turned to recently launched networks. He argued that the industry keeps repeating the same pattern: huge funding rounds, aggressive marketing,…

Author: BitcoinEthereumNews
Crypto Enters Its Most Explosive Phase – But Only a Few Coins Will Survive, Says Arthur Hayes

Crypto Enters Its Most Explosive Phase – But Only a Few Coins Will Survive, Says Arthur Hayes

Key Takeaways  Arthur Hayes expects most new layer-1s to suffer extreme declines due to high FDV and low circulating supply […] The post Crypto Enters Its Most Explosive Phase – But Only a Few Coins Will Survive, Says Arthur Hayes appeared first on Coindoo.

Author: Coindoo
Arthur Hayes labels Monad a retail trap driven by VC dumping

Arthur Hayes labels Monad a retail trap driven by VC dumping

Arthur Hayes criticizes Monad’s MON token as a high-FDV, low-float model favoring early investors and exposing retail to volatility.

Author: Cryptopolitan
Bitget Pushes AI Trading Forward With Seven New GetAgent Avatars

Bitget Pushes AI Trading Forward With Seven New GetAgent Avatars

The post Bitget Pushes AI Trading Forward With Seven New GetAgent Avatars appeared on BitcoinEthereumNews.com. TLDR: Bitget expands GetAgent with seven AI trading avatars that execute autonomous strategies in real time. The lineup includes momentum, hedging, breakout, grid, reversal, and baseline AI models for user testing. Users observe live trades through transparent performance data inside the Model Arena throughout the campaign. A 10,000 USDT airdrop and daily vouchers support participation from early copy traders in the program. Bitgetintroduced a new lineup of AI trading avatars as users continue exploring how well advanced AI models perform in real market conditions.  The update expands GetAgent with strategy-driven characters that trade live accounts and share full execution data. The release arrives as traders test AI systems like ChatGPT, Gemini, and DeepSeek for practical market use.  Bitget positions the avatars as tools for users who want structured logic rather than generic AI output. Bitget Adds Seven AI Trading Avatars to GetAgent The exchange unveiled seven avatars built around different trading approaches. The lineup includes Steady Hedge, Majors Momentum, Altcoin Turbo, CTA Force, Infinite Grid, Dip Sniper, and DeepSeek as a baseline model.  Each avatar runs autonomous execution and is available for one-click copy trading inside GetAgent. Bitget says every strategy uses a multi-factor indicator library refined through extensive testing. Users can follow entries, exits, drawdowns, and adjustments inside the Model Arena.  The interface tracks real trades and shows transparent performance curves alongside strategy documentation. According to Bitget’s announcement, the goal is to give traders a clear view of how distinct styles behave under pressure.  The approach creates a controlled environment where users can experiment without building their own systems. A limited trading window opened on November 24 at 18:00 (UTC+8). It ends on December 15 at the same hour. During this period, users can select avatars that match their preferred trading style. The structure allows new traders to observe…

Author: BitcoinEthereumNews
PA Daily | OpenSea denies $150 million token sale; Central Bank convenes meeting of coordination mechanism to combat cryptocurrency trading speculation.

PA Daily | OpenSea denies $150 million token sale; Central Bank convenes meeting of coordination mechanism to combat cryptocurrency trading speculation.

Today's top news highlights: 1. The People's Bank of China convened a meeting of its coordination mechanism for combating speculation in virtual currency trading. 2. The three major U.S. stock indexes closed higher for the fifth consecutive day, with Circle (CRCL) rising more than 10%. 3. Turkmenistan has passed a cryptocurrency regulatory law, which will take effect in 2026. 4. The regulation requiring individuals to register the source of funds for cash deposits or withdrawals exceeding 50,000 yuan has been cancelled. 5. The UK requires cryptocurrency exchanges to collect and report transaction records of UK clients starting in 2026. 6. OpenSea executives deny Coinbase leaked news of a $150 million token sale. 7. CoinShares cancels plans to launch XRP, SOL, and LTC ETFs in the US. Macro Turkmenistan has passed a law regulating cryptocurrency, which will take effect in 2026. According to Reuters, the President of Turkmenistan signed a new law on November 28th, formally establishing a licensing mechanism for cryptocurrency mining and exchanges. The law will take effect on January 1, 2026. The new regulations clarify the legal and economic status of virtual assets, aiming to promote digitalization and attract foreign investment. Spot gold and silver prices continued to rise, reaching $4,200 per ounce and breaking through the $55 mark, respectively. Spot gold continued its upward trend, surpassing $4,200 per ounce for the first time since November 14, with a daily gain of over 1%. Meanwhile, spot silver broke through $55 per ounce, setting a new all-time high, with a daily gain of over 3%. The UK requires cryptocurrency exchanges to collect and report transaction records of UK customers starting in 2026. HM Revenue and Customs (HMRC) has issued new regulations requiring cryptocurrency exchanges operating in the UK to begin collecting complete transaction records from all their UK clients from January 1, 2026, and sharing this data with HMRC the following year. HMRC will use the collected data to verify tax returns, ensure compliance, and penalize violations. This new guidance aligns the UK with the OECD Crypto Asset Reporting Framework (CARF), which aims to improve transparency in the rapidly growing digital asset market and is already being implemented in countries and regions such as the EU, Canada, Australia, Japan, and South Korea. The three major U.S. stock indexes closed higher for the fifth consecutive day, with Circle (CRCL) rising more than 10%. According to CLS News Agency, U.S. stocks closed three hours early due to the Thanksgiving holiday. The three major indices all closed higher for the fifth consecutive trading day: the Nasdaq rose 0.65%, the Dow Jones Industrial Average rose 0.61%, and the S&P 500 rose 0.54%. For the week, the Nasdaq has risen 4.91%, the Dow Jones Industrial Average has risen 3.18%, and the S&P 500 has risen 3.73%. Most tech stocks rose, with Intel closing up 10%, its biggest one-day gain since September 18; Meta rose over 2%, while AMD, Amazon, Netflix, and Microsoft all rose over 1%. Blockchain concept stocks generally rose, with Circle (CRCL) up 10.04%; Coinbase (COIN) up 2.96%; and Strategy (MSTR) up 0.88%. The regulation requiring individuals to register the source of funds for cash deposits or withdrawals exceeding 50,000 yuan has been cancelled. According to CLS News Agency, three departments (the People's Bank of China, the State Financial Regulatory Commission, and the China Securities Regulatory Commission) jointly released the "Administrative Measures for Due Diligence of Financial Institutions and the Preservation of Customer Identity Information and Transaction Records" yesterday. The requirement that "individuals depositing or withdrawing cash exceeding 50,000 yuan must register the source of funds" has been removed, consistent with the previous draft for public comment. Under the new regulations, banks will no longer indiscriminately question all individuals when they withdraw cash. Instead, they will decide whether to ask more questions based on the risk level: in cases of high money laundering risk, banks will strengthen their investigation to understand the source and purpose of funds; for low-risk situations, simplified measures will be adopted. The People's Bank of China convened a meeting of its coordination mechanism for combating speculation in virtual currency trading. On November 28, the People's Bank of China convened a meeting of its coordination mechanism for combating speculation in virtual currencies. The meeting noted that recently, influenced by various factors, speculation in virtual currencies has resurfaced, and related illegal and criminal activities have occurred frequently, posing new challenges and situations for risk prevention and control. The meeting emphasized that virtual currencies do not have the same legal status as fiat currency, lack legal tender status, and should not and cannot be used as currency in the market. Virtual currency-related business activities constitute illegal financial activities. Stablecoins, a form of virtual currency, currently cannot effectively meet the requirements for customer identification and anti-money laundering, and pose a risk of being used for money laundering, fundraising fraud, and illegal cross-border fund transfers. The meeting stressed the need to continue adhering to the prohibitive policy on virtual currencies and to persistently crack down on illegal financial activities related to virtual currencies. All relevant departments must deepen coordination and cooperation, improve regulatory policies and legal frameworks, focus on key aspects such as information and capital flows, strengthen information sharing, further enhance monitoring capabilities, severely punish illegal and criminal activities, protect the property safety of the people, and maintain the stability of the economic and financial order. Officials from the Ministry of Public Security, the Cyberspace Administration of China, the Central Financial Affairs Commission, the Supreme People's Court, the Supreme People's Procuratorate, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Justice, the People's Bank of China, the State Administration for Market Regulation, the State Financial Regulatory Commission, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange attended the meeting. Two South Korean police officers have been indicted for allegedly accepting bribes to facilitate $186 million in cryptocurrency money laundering. According to Solid Intel, two South Korean police officers have been formally indicted for allegedly accepting bribes and assisting in the operation of a cryptocurrency money laundering network worth 250 billion won (approximately US$186 million). Opinion CZ: It's best to sell at the peak of market greed and buy at the peak of market fear. CZ tweeted, "While this view is not very popular, it's best to sell when market greed peaks and buy when market fear peaks." Alliance DAO co-founder: We will not short L1 tokens, but simply believe that L1 tokens are not a high-quality investment. Alliance DAO co-founder QwQiao stated in an article on the X platform that he will not short L1 tokens, but he cannot convince himself that they are "great investments." However, L1 tokens are not "bad investments" either, as there are thousands of assets to choose from, and there are always some high-quality ones to be found. QwQiao claims that every asset he currently holds has a sustainable competitive advantage and operates in an exponentially growing field. QwQiao previously pointed out that L1 tokens lack a moat, are easily commoditized, and are difficult to capture meaningful value, suggesting that betting on the application layer may be the way out. Project Updates Bitget has fulfilled its donation commitment: the HK$12 million donation to aid Tai Po, Hong Kong, has been fully disbursed. Bitget previously announced a donation of HK$12 million to Hong Kong to support emergency relief efforts, assistance to affected families, and post-disaster reconstruction following the Tai Po Hung Fook Court fire. The donation will be handled and implemented by three reputable local charitable organizations. Currently, the HK$12 million has been fully disbursed, specifically: HK$5 million to Yan Chai Hospital in Hong Kong; HK$3.5 million to the Salvation Army in Hong Kong; and HK$3.5 million to Po Leung Kuk in Hong Kong. Cobo donated HK$1 million and launched a blockchain wallet to support fire relief efforts in Tai Po. Cobo announced a donation of HKD 1 million equivalent in stablecoins for fire relief and community reconstruction in Tai Po, Hong Kong. In collaboration with the Hong Kong Red Cross, they have launched a dedicated "compliant blockchain charity wallet" to ensure the entire donation process is open, transparent, and traceable. The wallet is now open to the public, allowing direct donations. All donations will be used for related relief efforts. Cobo stated that they will continue to monitor the flow of funds and the progress of post-disaster reconstruction and are willing to provide free technical support to charitable foundations that require blockchain donation channels. Crypto.com donated HK$10 million to support fire relief efforts in Tai Po, Hong Kong. Cryptocurrency exchange Crypto.com announced that it has donated HK$10 million to the Hong Kong Red Cross to support residents affected by the Tai Po fire and related relief efforts, expressing its support and care for the affected community. OpenSea executives deny Coinbase leaked news of a $150 million token sale. In response to Doorr's report that " Coinbase allegedly leaked information about OpenSea's $150 million ICO ," OpenSea's Chief Marketing Officer, Adam Hollander, commented that it was "fake," denying the rumors. Bubblemaps: IRYS airdrop suspected of being manipulated by a 900 wallet cluster, which has already cashed out $4 million. According to Bubblemaps, IRYS launched two days ago and airdropped 8% of its tokens to early users. However, approximately 20% of these tokens were claimed by a group of 900 newly created wallets. These addresses had been partially funded by Bitget before the launch and had no on-chain activity. These addresses have now transferred their $IRYS to the new wallets and sent them to Bitget, cashing out approximately $4 million in total. CoinShares cancels plans to launch XRP, SOL, and LTC ETFs in the US. According to market sources, CoinShares has terminated its plans to launch three single-asset cryptocurrency ETFs in the United States. The cancellation involves proposed funds for Solana (which includes staking functionality), XRP, and Litecoin. Terminal Finance terminated the Terminal project launch due to the delayed launch of the Converge blockchain. According to an official announcement, Terminal Finance has terminated the launch of the Terminal project. Terminal was initially designed to be a liquidity hub for Converge. Despite completing the entire codebase and preparing for a Q1 2025 launch, the Converge chain did not launch as scheduled, and there appear to be no immediate plans for a launch. Terminal Finance explored various transformation options, but none were sufficiently compelling. Each option faced substantial obstacles: limited support, low potential for asset listing, and a bleak long-term outlook, leading to the decision not to proceed. Terminal Finance states that all users' principal is retained and will remain fully guaranteed at a 1:1 ratio, allowing withdrawals at a 1:1 ratio. Each current Pendle position is entitled to earn Ethena Sats, associated sUSDe earnings, and EtherFi credits. Coinbase includes Rayls (RLS) in its IPO roadmap According to an official announcement, Coinbase has included Rayls (RLS) in its listing roadmap. Coinbase stated that the listing of the asset depends on market-making support and the availability of technical infrastructure; a separate announcement will be made once these conditions are met. Binance: You need to hold more than 256 Alpha Points to claim 400 GaiAi (GAIX) airdrops. According to the official announcement, Binance Alpha GaiAi (GAIX) trading will begin on November 29th at 16:00 (UTC+8). Users holding at least 256 Binance Alpha Points can claim a token airdrop. Claim 400 GAIX tokens on the Alpha event page. If the event continues, the point threshold will automatically decrease by 5 points every five minutes. Claiming the airdrop will consume 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. Important data BlackRock received $354 million in BTC and $235 million in ETH from Coinbase within three days. According to Onchain Lens monitoring, BlackRock received 300 bitcoins (worth $27.51 million) and 16,629 ETH (worth $50.64 million) from Coinbase approximately 8 hours ago. Over the past three days, BlackRock has received a total of 4,044 bitcoins (worth $354 million) and 80,121 ETH (worth $235 million). A whale that previously profited over $100 million from its WBTC position has begun selling ETH, having sold a total of $41.06 million worth of ETH in the past two weeks. According to on-chain analyst Ai Yi, an address that bought 1074 WBTC at an average price of $10,708 four years ago appears to have started selling ETH after selling its WBTC. This address previously took profits on 1000 BTC in July of this year at an average price of $118,011, netting a profit of $107 million. Ten hours ago, it deposited 5000 ETH into Binance, worth $15.36 million. Over the past two weeks, it has deposited a total of 13403.28 ETH into exchanges, with a total value of $41.06 million. This address currently still holds 15,000 ETH and interacts with addresses associated with Galaxy Digital; the ownership of the wallet cannot be confirmed at this time. Circle minted $1 billion USDC on the Solana network within 24 hours. According to Onchain Lens monitoring, Circle minted $1 billion worth of USDC on the Solana network in the past 24 hours. Since October 11, it has minted a total of $12.25 billion worth of USDC on the Solana network. A whale that bought ETH in 2017 deposited 18,000 ETH into Bitstamp and has since made a profit of approximately $270 million. According to Lookonchain monitoring, an Ethereum OG deposited 18,000 ETH (worth $54.78 million) into Bitstamp 8 hours ago. Since 2017, this OG has accumulated 154,076 ETH (worth $79.7 million) at an average price of $517 per ETH, and subsequently sold 87,824 ETH (worth $148.8 million) at an average price of $1,694 per ETH. He currently holds 66,252 ETH (worth $201 million), accumulating a profit of approximately $270 million. Bitcoin spot ETFs saw a net inflow of $71.371 million yesterday, marking the third consecutive day of net inflows. According to SoSoValue data, Bitcoin spot ETFs saw a total net inflow of $71.371 million yesterday (November 28, Eastern Time). The Bitcoin spot ETF with the largest single-day net inflow yesterday was ARKB, an ETF from Ark Invest and 21Shares, with a net inflow of $88.044 million. ARKB's total historical net inflow has now reached $1.828 billion. The second largest inflow was into the Fidelity ETF FBTC, with a net inflow of $77.4532 million in a single day. The total historical net inflow of FBTC has reached $12.029 billion. The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock ETF IBIT, with a net outflow of $114 million. IBIT's total historical net inflow has reached $62.566 billion. As of press time, the total net asset value of the Bitcoin spot ETF was $119.391 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.56%, and a historical cumulative net inflow of $57.705 billion. Ethereum spot ETFs saw a net inflow of $76.5491 million yesterday, marking the fifth consecutive day of net inflows. According to SoSoValue data, the Ethereum spot ETF saw a total net inflow of $76.5491 million yesterday (November 28, Eastern Time). The Ethereum spot ETF with the largest single-day net inflow yesterday was the BlackRock ETF ETHA, with a single-day net inflow of $68.2659 million. The total historical net inflow of ETHA has now reached $13.147 billion. The second largest inflow was the Grayscale Ethereum Trust ETF (ETHE), with a net inflow of $8.2832 million in a single day. The total historical net outflow for ETHE is currently $4.932 billion. As of press time, the Ethereum spot ETF has a total net asset value of $19.155 billion, with an ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 5.19%, and a historical cumulative net inflow of $12.945 billion. Investment and Financing/Acquisition Índico Capital Partners launches a €125 million venture capital fund, with investments covering areas such as AI, blockchain/Web3. According to Mailchi, European venture capital firm Índico Capital Partners has officially announced the launch of its sixth venture capital fund, Indico VC Fund III, with a total investment of €125 million. The European Investment Fund (EIF) plans to commit €30 million. The fund's investments will reportedly range from €10 million to €10 million per deal and will focus on sustainable economic models such as artificial intelligence, deep technology, blockchain/Web3, fintech, and digital markets. Índico Capital Partners' Web3 portfolio includes luxury NFT platform Exclusible and metaverse startup Sound Particles.

Author: PANews
IRYS Airdrop Under Investigation for Sybil Attacks, $4M Sent to Suspicious Wallets!

IRYS Airdrop Under Investigation for Sybil Attacks, $4M Sent to Suspicious Wallets!

IRYS airdrop under investigation for Sybil wallet manipulation and suspicious activity. Bubblemaps uncovers $4M movement linked to suspicious wallets in IRYS airdrop. Sybil attack allegations threaten fairness of IRYS token distribution process. The IRYS airdrop, one of the most talked-about token launches this month, is now facing serious scrutiny after a deep dive by on-chain analytics platform Bubblemaps. The platform uncovered signs that a significant portion of the airdrop might have been claimed by a coordinated network of Sybil wallets. According to their findings, suspicious activity around the launch raised alarms about the fairness of the distribution process. Bubblemaps reported that unusual wallet activity began just one day before the airdrop went live. They discovered that approximately 900 new wallets were funded by the crypto exchange Bitget within a very tight time frame. These wallets showed strikingly similar patterns: no prior on-chain history, nearly identical ETH deposits, and immediate claims of the IRYS tokens as soon as the airdrop was launched. This group of wallets alone claimed around 20% of the total IRYS supply, raising concerns about potential manipulation. Also Read: XRP Set for Explosive 10x Rally? Analyst Reveals Shocking 2017 Pattern Repeating! $4 Million in Tokens Sent to Bitget Amid Suspicious Patterns In an even more alarming development, Bubblemaps revealed that 500 wallets tied to these suspicious clusters quickly moved their IRYS tokens to fresh wallets and then transferred them to Bitget. As of now, approximately $4 million worth of IRYS tokens has already been sent to the exchange. However, Bubblemaps emphasized that there is still no evidence linking the IRYS team to these wallets. The investigation continues, with the platform’s Intel Desk open for community involvement. Someone claimed 20% of the $IRYS airdrop Using a cluster of 900 identical wallets funded just before launch $4M already sold pic.twitter.com/Xas2AjZoxn — Bubblemaps (@bubblemaps) November 28, 2025 Additionally, the platform found that between November 21 and 24, Bitget funded 20 separate batches of ETH to around 50 wallets each. These wallets displayed the same suspicious behavior, further deepening the concerns about Sybil farming tactics potentially skewing the airdrop distribution. Airdrop Manipulation Echoes a Previous Incident with aPriori Tokens This new controversy surrounding IRYS isn’t the first instance of suspected Sybil attacks during airdrops. Bubblemaps previously uncovered similar tactics with the aPriori (APR) airdrop. In that case, around 60% of APR tokens were claimed by a single group using 14,000 connected wallets. This raised alarms over how such coordinated efforts can drain airdrop supplies, leaving legitimate participants at a disadvantage. The growing scrutiny of the IRYS airdrop has spurred discussions in the crypto community about the need for tighter controls on airdrop distributions to prevent such manipulation. As the investigation continues, it remains to be seen what impact these revelations will have on the IRYS project and its future token distribution plans. Also Read: Altcoin Market Faces $1.8 Billion Surge in Tokens This December The post IRYS Airdrop Under Investigation for Sybil Attacks, $4M Sent to Suspicious Wallets! appeared first on 36Crypto.

Author: Coinstats
Arthur Hayes Warns Monad Could Crash 99% as ‘VC Coin’

Arthur Hayes Warns Monad Could Crash 99% as ‘VC Coin’

The post Arthur Hayes Warns Monad Could Crash 99% as ‘VC Coin’ appeared on BitcoinEthereumNews.com. Crypto veteran Arthur Hayes has issued a warning over Monad, saying the recently launched layer-1 blockchain could plunge as much as 99% and end up as another failed experiment driven by venture capital hype rather than real adoption. Speaking on Altcoin Daily, the former BitMEX chief described the project as “another high FDV, low-float VC coin,” arguing that its token structure alone puts retail traders at risk. FDV stands for Fully Diluted Value, which is the market value of a crypto project if all its tokens were already in circulation. According to Hayes, projects with a large gap between FDV and circulating supply often experience early price spikes, followed by deep selloffs once insider tokens unlock. “It’s going to be another bear chain,” Hayes said, adding that while every new coin gets an initial pump, that does not mean it will develop a lasting use case. Hayes said most new layer-1 networks ultimately fail, with only a handful likely to retain long-term relevance. He named Bitcoin (BTC), Ether (ETH), Solana (SOL) and Zcash (ZEC) as the small group of protocols he expects to survive the next cycle. Last year, Monad raised $225 million in funding from venture capital firm Paradigm. The layer-1 blockchain went live on Monday, accompanied by an airdrop of its MON token. Monad’s MON token up 40% since launch. Source: CoinMarketCap Related: Did Bitcoin bottom? Arthur Hayes Thinks $80,000 Will Hold Hayes remains bullish Hayes also laid out a bullish outlook for crypto as a whole, driven almost entirely by renewed monetary expansion. He argued that governments, particularly the United States, are preparing for another wave of liquidity injections ahead of political campaigns and slowing growth. “I think that we are at the end of the beginning of this cycle and the massive amounts of crazy bull…

Author: BitcoinEthereumNews
Binance: You need to hold more than 256 Alpha Points to claim 400 GaiAi (GAIX) airdrops.

Binance: You need to hold more than 256 Alpha Points to claim 400 GaiAi (GAIX) airdrops.

PANews reported on November 29th that, according to an official announcement, Binance Alpha GaiAi (GAIX) trading will begin at 16:00 (UTC+8) on November 29th. Users holding at least 256 Binance Alpha Points can claim a token airdrop. Claim 400 GAIX tokens via the Alpha event page. If the event continues, the point threshold will automatically decrease by 5 points every five minutes. Claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm their claim within 24 hours via the Alpha event page; otherwise, they will be considered to have forfeited their airdrop.

Author: PANews
Arthur Hayes Warns Monad’s MON Could Face Major Selloff Amid Crypto Rally Outlook

Arthur Hayes Warns Monad’s MON Could Face Major Selloff Amid Crypto Rally Outlook

The post Arthur Hayes Warns Monad’s MON Could Face Major Selloff Amid Crypto Rally Outlook appeared on BitcoinEthereumNews.com. Arthur Hayes warns that Monad’s token structure, with its high fully diluted value and low circulating supply, makes it prone to a 99% selloff, labeling it a venture capital-driven project lacking real adoption. High FDV projects like Monad often see initial price surges followed by sharp declines as insider tokens unlock. Hayes predicts only a few layer-1 blockchains, including Bitcoin, Ethereum, Solana, and Zcash, will endure long-term. Despite Monad concerns, Hayes forecasts a major crypto bull run fueled by global money printing, with privacy coins gaining prominence; Zcash holds a key spot in his portfolio. Arthur Hayes issues stark Monad warning amid bullish crypto outlook: money printing to drive next rally. Discover risks and opportunities in layer-1 tokens today. What is Arthur Hayes’ Warning on Monad? Arthur Hayes, the renowned crypto veteran and former BitMEX CEO, has cautioned that the newly launched layer-1 blockchain Monad faces significant risks due to its token structure. He describes it as a high fully diluted value (FDV) project with low circulating supply, which typically leads to early hype-driven price pumps followed by devastating selloffs. Hayes believes this setup, common in venture capital-backed coins, prioritizes insider gains over sustainable adoption, potentially resulting in a 99% value drop. How Does Monad’s Token Structure Expose Retail Investors? Monad’s MON token launched with an airdrop, sparking a 40% price increase since its debut earlier this month. However, Hayes points out the dangers of its economic model: a substantial gap between FDV and circulating supply creates artificial scarcity initially, attracting retail traders. As venture capital unlocks occur, floods of tokens enter the market, triggering selloffs. According to data from market trackers, similar high-FDV projects have historically lost over 90% of their value post-launch. Hayes emphasized on a recent discussion, “It’s going to be another bear chain,” highlighting that without…

Author: BitcoinEthereumNews