Government to Airdrop $9 Billion in Free Money to 7 Million Hong Kong Residents

The government of Hong Kong has decided to airdrop about $9 billion in free money to an estimated 7 million residents in the troubled Chinese territory. From a global perspective, this can be seen as a desperate move to stimulate the local economy while the coronavirus outbreak is hitting markets hard all around the world. … Read more

Are the KICK Tokens Part of a Data Harvesting Ploy?

A lot of Ethereum users have tokens they hardly ever look at. Most of these offerings are random airdrops, yet the KICK tokens are suddenly rising in value. So much even that some people’s holdings have surpassed $200. The KICK Token Mystery As no one knows what this token is about or what to do … Read more

4 ‘Bitcoin Contenders’ With Zero Use Cases and Barely Any Infrastructure

Cryptocurrency markets and the industry are extremely competitive and many users believe a single digital asset will reign someday, and that it may not be BTC. Over the last few years, many holders believe the assets they hold are bitcoin contenders with coins like IOTA, EOS, ADA, XRP, and XLM being popular choices. However many … Read more

Maduro Plans to Airdrop Petro to Municipal Leaders and Eligible Citizens

The president of Venezuela, Nicolás Maduro wants the nation state-issued cryptocurrency, petro (PTR) to have the same usability properties as a physical currency. On December 13, Maduro explained on national television that the Superintendence of Crypto-Assets and Related Activities (Sunacrip) will be airdropping 0.5 PTR ($30) next week to eligible citizens who register with the … Read more

The IRS Still Hasn’t Decided if They Want to tax Cryptocurrency Airdrops

The IRS is still uncertain as to how they will treat cryptocurrency airdrops. Additionally, the agency clarified how users can’t defer taxes on transactions occurring before 2018.  It is promising to see the IRS focus on cryptocurrencies in this day and age. Bringing them into the mainstream adds more legitimacy to Bitcoin and altcoins.  The … Read more

Cryptophyl.com Launches Dedicated Exchange for SLP Tokens and BCH

The team behind the former cryptocurrency exchange Voltaire recently announced the launch of a new trading platform specifically designed for Simple Ledger Protocol (SLP) tokens. Three weeks ago the new exchange called Cryptophyl.com launched its trading engine and the first SLP token supported is the community-driven Spice token. Also Read: New Liberty Dollar Founder Subpoenaed … Read more

How to Create and Airdrop Your Own Token to Your Friends

Roughly a year ago, the Simple Ledger Protocol (SLP) debuted on the Bitcoin Cash (BCH) network, giving anyone the ability to mint, store, receive, and send SLP tokens. Since then there’s been a ton of tokens created on the BCH network as the simplicity of the system outpaces tokens built on alternative chains like ERC20s … Read more

Observers Mock Fork Called Bitcoin2 That Pumps and Dumps on Two Exchanges

Over the last 48 hours, cryptocurrency enthusiasts have been discussing a Bitcoin snapshot fork called Bitcoin2. The little known coin gained over 5,200% since May 28 on only two exchanges and managed to get listed on Coinmarketcap.com as well. Bitcoin2 is believed to be merely a pump and dump scam, much like a great majority … Read more