Beba and Defi Education Fund Sue the SEC Over Its Airdrop Policies

Beba and Defi Education Fund Sue SEC on Its Policies Regarding AidropsTexas apparel company Beba and the Defi Education Fund (DEF) have announced a legal complaint against the U.S. SEC. They allege that the SEC has violated Administrative Procedure Act procedures by adopting an encompassing crypto policy without an official rulemaking process. Additionally, the plaintiffs seek to clarify that a token airdropped to its users does […]

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Arbitrum (ARB) Showcases Strong Momentum Amid General Market Sentiment 

The trajectory of Arbitrum (ARB) is currently under intense scrutiny, fueled by recent data revealing a remarkable surge of over 95% in the past month. The cryptocurrency community is abuzz with discussions, particularly regarding potential airdrop-related influences on the ARB token’s price. Arbitrum, a prominent Ethereum Layer 2 scaling solution, faced a dip in its price, reaching $0.74 after achieving an all-time high of $11.79 in May. This decline was attributed to profit-taking activities and the impact of airdrop sales that gained attention in April 2023. 🌟 Four out of the top ten $ARB DAO airdrop receivers still hold 70%+

The post Arbitrum (ARB) Showcases Strong Momentum Amid General Market Sentiment  appeared first on The Merkle News.

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Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected

Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if ElectedA Pheu Thai candidate running for prime minister of Thailand position, Srettha Thavisin, has promised that every citizen in the country will receive 10,000 Thai baht ($300) in digital currency if he wins the general election in May. However, a minister within the prime minister’s office in Thailand is concerned and has explained that the […]

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Terra Development Team Reveals Some Users ‘Received Less LUNA From the Airdrop Than Expected’

Terra Development Team Reveals Some Users 'Received Less LUNA From the Airdrop Than Expected'The new Terra blockchain Phoenix-1 has been operating since Saturday morning May 28, 2022, and on that day, millions of new LUNA tokens were dispersed to luna classic (LUNC) and terrausd classic (USTC) holders. However, on Tuesday the Terra development team revealed that some Terra token owners “received less LUNA from the airdrop than expected,” […]

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Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees

Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in FeesA new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto users. Just recently, Opendao gave Opensea users an airdrop and many people accrued thousands of dollars in SOS tokens. Now, another project called Gas […]

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Nigerian Blockchain Educator Says Uncertain Regulations and Scams Slow Adoption of Cryptocurrencies

With a population of over 200 million, Nigeria is widely regarded as one the biggest crypto markets in the world. Some in the crypto world believe Nigeria is one of the few countries better placed to see a greater acceptance of digital currencies. However, despite this optimism, the Nigerian crypto industry continues to be plagued […]

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