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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.

5382 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Kinto price slides 85% as project announces shutdown

Kinto price slides 85% as project announces shutdown

The post Kinto price slides 85% as project announces shutdown appeared on BitcoinEthereumNews.com. Ethereum Layer-2 project Kinto will close this month after a major exploit in July drained its reserves and left the team unable to secure new funding. Summary Kinto price has fallen by more than 80% after a shutdown announcement following a July exploit that drained 577 ETH. Phoenix lenders will recover about 76% of funds, while hack victims are eligible for $1,100 goodwill grants. Withdrawals remain open until Sept. 30, with an Ethereum claim contract and ERA airdrop planned in October. On Sept. 7, Kinto announced on X that its will shut down operations on Sept. 30, following a July exploit that drained about 577 ETH (worth $1.9 million) and left the team unable to recover financially. The announcement sparked volatility, with the project’s K token sliding 85% in the last 24 hours, and now 94% down in the past month. From exploit to shutdown The incident stemmed from a vulnerability in the ERC-1967 Proxy standard, a widely used OpenZeppelin codebase for upgradeable smart contracts. 110,000 fake Kinto tokens were minted by attackers on Arbitrum (ARB) and used to siphon funds from Uniswap (UNI) liquidity pools and Morpho (MORPHO) lending vaults. Through its “Phoenix Program,” Kinto raised $1 million in debt and resumed trading to stabilize operations. However, mounting debt, weak market conditions, and the loss of investor confidence proved insurmountable. Fundraising efforts have stalled, and team members have not been paid since July. Kinto’s reimbursement and next steps Kinto says it has consolidated around $800,000 of remaining assets into a foundation-controlled safe. These funds will go first to Phoenix lenders, who are expected to recover about 76% of their principal. Hack victims on Morpho will receive up to $1,100 each from a $55,000 goodwill grant funded personally by Kinto founder Ramon Recuero. Additional recoveries from the stolen Ethereum (ETH),…

Author: BitcoinEthereumNews

2025/09/08

Kinto price slides 85% as project announces shutdown following $1.9M hack in July

Kinto price slides 85% as project announces shutdown following $1.9M hack in July

Kinto price has dropped 85% after as Ethereum Layer-2 announces shut down on Sept. 30.

Author: Crypto.news

2025/09/08

Aster will hold a TGE on September 17th and will airdrop 7.04 million ASTER tokens to users.

Aster will hold a TGE on September 17th and will airdrop 7.04 million ASTER tokens to users.

PANews reported on September 8th that the decentralized trading platform Aster announced it will hold its ASTER Token Generation Event (TGE) on September 17th, airdropping 7.04 million ASTER tokens to eligible users participating in the rewards program. Officials stated that details regarding ASTER redemption and the token economics model will be announced later that day. Additionally, the second phase of the Aster Genesis campaign has launched, allowing users to earn Rh points through Aster Pro trading. Points are calculated weekly and graded based on multiple factors, including trading volume, holding time, asset holdings, and team recommendations.

Author: PANews

2025/09/08

Kinto Announces Closure and Initiates Orderly Liquidation

Kinto Announces Closure and Initiates Orderly Liquidation

PANews reported on September 8th that Kinto, according to its official Medium post, lost 577 ETH in July due to a CPIMP proxy exploit on Arbitrum's $K token . This has exacerbated funding and debt pressures, and the team has not received any compensation since July. The project has now been shut down. All remaining assets (approximately $800,000) will be used to repay Phoenix lenders, with an estimated 76% principal recovery. The founder will personally donate $55,000, and victims will receive up to $1,100 per address and can participate in future fund recovery through the CVR protocol. Kinto wallet and asset withdrawals will be available until September 30th, and the ERA airdrop is expected to be distributed on October 15th.

Author: PANews

2025/09/08

Kinto Price Crashes 85% Amid the Unfinished Story of July Hack

Kinto Price Crashes 85% Amid the Unfinished Story of July Hack

The post Kinto Price Crashes 85% Amid the Unfinished Story of July Hack appeared on BitcoinEthereumNews.com. Kinto (K) announced it is shutting down after failing to recover from a series of blows, including a $1 million debt burden and the lingering effects of a July exploit. The news triggered a dramatic sell-off, with the K token plunging almost 85% in the past 24 hours. Kinto Shuts Down: Everything Users Need to Know Sponsored The DeFi project revealed the decision in a statement posted to X (Twitter), conceding that it had exhausted every possible avenue to continue. With every effort proving unsuccessful, it is now conducting an orderly wind-down. 1/ 🛑 Kinto is shutting down. After exhausting every path to keep going, we’re conducting orderly wind-down to protect users and community. – Users can normally withdraw assets– Phoenix lenders receive ~76%– Morpho Victims can claim up to $1.1k each Read full details 🧵 — Kinto (@KintoXYZ) September 7, 2025 The project emphasized that users can still withdraw their assets until September 30. Meanwhile, Phoenix lenders will recover around 76% of their principal. Morpho victims, who were hit hardest by the July exploit, can claim up to $1,100 each from a goodwill fund set up by the founder. “It’s time to accept reality. I pursued this venture to the best of my ability, but didn’t achieve a successful outcome. The CPIMP exploit was a black swan, yet I am contributing over $130,000 to offer relief to affected users,” stated Kinto founder Ramon Recuero. The project stressed that while its wallets, Layer-2 infrastructure, and core systems were never hacked, the July CPIMP proxy exploit drained 577 ETH. Reportedly, this compelled Kinto to raise debt in a desperate attempt to recover. Sponsored The incident caused the K price to drop by over 90% on July 10. Since the announcement to shut down, the Kinto ecosystem’s powering token has decreased by…

Author: BitcoinEthereumNews

2025/09/08

Why Kinto’s K Token Collapsed Before Unlocking

Why Kinto’s K Token Collapsed Before Unlocking

Kinto (K) announced it is shutting down after failing to recover from a series of blows, including a $1 million debt burden and the lingering effects of a July exploit. The news triggered a dramatic sell-off, with the K token plunging almost 85% in the past 24 hours. Kinto Shuts Down: Everything Users Need to Know The DeFi project revealed the decision in a statement posted to X (Twitter), conceding that it had exhausted every possible avenue to continue. With every effort proving unsuccessful, it is now conducting an orderly wind-down. The project emphasized that users can still withdraw their assets until September 30. Meanwhile, Phoenix lenders will recover around 76% of their principal. Morpho victims, who were hit hardest by the July exploit, can claim up to $1,100 each from a goodwill fund set up by the founder. “It’s time to accept reality. I pursued this venture to the best of my ability, but didn’t achieve a successful outcome. The CPIMP exploit was a black swan, yet I am contributing over $130,000 to offer relief to affected users,” stated Kinto founder Ramon Recuero. The project stressed that while its wallets, Layer-2 infrastructure, and core systems were never hacked, the July CPIMP proxy exploit drained 577 ETH. Reportedly, this compelled Kinto to raise debt in a desperate attempt to recover. The incident caused the K price to drop by over 90% on July 10. Since the announcement to shut down, the Kinto ecosystem’s powering token has decreased by over 85%. Kinto (K) Price Performance. Source: TradingView Market conditions, combined with the new liabilities, ultimately killed its chances of further fundraising. “The team has been unpaid since July. It’s time to face reality and shut down responsibly,” the project said. What Users Need To Do Amid Withdrawal Difficulty The sudden closure has sparked backlash from some users, with some slamming the Ethereum L2 for winding down after making money. However, Kinto insists that neither the team nor investors had unlocked a single token, disputing the idea that the shutdown was a rug pull. Other users call for leeway to withdraw their assets, so Kinto urged users to submit requests for assistance to customer support. “Create a help ticket in Discord if you ned help withdrawing,” Kinto noted. Security researchers are reportedly still tracing the stolen 577 ETH, with Kinto pledging that any recovery will first go to the victims. A perpetual claim contract is also expected to handle outstanding withdrawals and repayments in early October. Against this backdrop,Kinto has begun consolidating roughly $800,000 of the remaining assets into a Foundation SAFE. Allegedly, all funds are earmarked to repay creditors and victims. Despite the wind-down, the project also confirmed that the pending ERA crypto airdrop will still be distributed in October. While Kinto insists it is shutting down responsibly, the collapse is a stark reminder of the fragility of early-stage DeFi projects.

Author: Coinstats

2025/09/08

With its Mix of Memes and Sports, Is the XYZVerse Presale the Biggest Crypto Opportunity of 2025?

With its Mix of Memes and Sports, Is the XYZVerse Presale the Biggest Crypto Opportunity of 2025?

The post With its Mix of Memes and Sports, Is the XYZVerse Presale the Biggest Crypto Opportunity of 2025? appeared on BitcoinEthereumNews.com. Disclaimer: This content is a sponsored article. Bitcoinsistemi.com is not responsible for any damages or negativities that may arise from the above information or any product or service mentioned in the article. Bitcoinsistemi.com advises readers to do individual research about the company mentioned in the article and reminds them that all responsibility belongs to the individual. Over the past few years, crypto presales have gone through a major transformation. What used to be a domain dominated by hype-driven launches is now evolving into a space where transparency and real-world application matter most. In 2025, investors are no longer satisfied with flashy narratives alone. They expect strong fundamentals and projects that solve problems beyond the crypto bubble. The Shift in Crypto Presales: From Hype to Substance When tokens like Dogecoin, Shiba Inu, and later Pepe burst onto the scene, they reshaped what a presale could look like. Fueled by internet culture, viral memes, and enthusiastic communities, these projects created overnight fortunes for early buyers and kickstarted a powerful trend across the crypto space. Yet the excitement came with limitations. Most of these tokens offered little beyond the hype. Most importantly, they lacked real-world use cases, clear governance structures, and lasting utility. Prices often swung wildly, driven more by tweets and online buzz than by genuine progress or adoption. In time, investors began to see that without solid foundations, meme-driven tokens struggled to sustain their value once the initial frenzy faded. A Move Toward More Sustainable Presales By 2025, presale investors have grown far more selective. No longer swayed by viral memes or flashy marketing alone, they now ask tougher questions: Does this project solve a real problem? Does it integrate with established industries? Can its team deliver on promises with transparency and consistency? This shift has created fertile ground for projects…

Author: BitcoinEthereumNews

2025/09/08

Walrus Airdrop Rolls Out $WAL With 96% Supply Still Untouched

Walrus Airdrop Rolls Out $WAL With 96% Supply Still Untouched

Walrus Airdrop has entered its first phase. Early users already received $WAL tokens, but the program still has a long way to go. Only 4% of the 10% allocation has been distributed, leaving most of the pool untouched. The rollout connects token rewards with native staking, liquid staking options, liquidity pools, and an access pass tied […] The post Walrus Airdrop Rolls Out $WAL With 96% Supply Still Untouched appeared first on CoinChapter.

Author: Coinstats

2025/09/08

Hyperlabs Redistributes 25.4 Million HYPE to Enhance Network Decentralization

Hyperlabs Redistributes 25.4 Million HYPE to Enhance Network Decentralization

Detail: https://coincu.com/airdrop/hyperlabs-redistribution-hype-security/

Author: Coinstats

2025/09/08

Everyone’s Focused on ETF Inflows, Yet SpacePay’s Presale Quietly Crosses the $1 Million Mark

Everyone’s Focused on ETF Inflows, Yet SpacePay’s Presale Quietly Crosses the $1 Million Mark

The spotlight in crypto right now is on exchange-traded funds. A lot of money is flowing into Ethereum and Bitcoin ETFs. Major financial players like BlackRock, Fidelity, and Grayscale are putting serious weight behind these coins. It’s no longer just about trading but about Wall Street recognizing crypto as a regulated investment class. XRP is.. The post Everyone’s Focused on ETF Inflows, Yet SpacePay’s Presale Quietly Crosses the $1 Million Mark appeared first on 99Bitcoins .

Author: 99Bitcoins

2025/09/08

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