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.

5493 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Data inflation? How can Polymarket be valued at tens of billions?

Data inflation? How can Polymarket be valued at tens of billions?

A recent research paper from Columbia University has embroiled the trending topic of "prediction markets" in controversy. The authors analyzed two years of historical data from the blockchain platform Polymarket and found that approximately 25% of the trading volume may have been wash trading—that is, the same entity buying and selling between its own accounts to create false activity. During certain event weeks, such as the US presidential election or a major sporting event, this percentage could even surge to 60%. Although the study has not undergone formal peer review, it is enough to pierce through a corner of the frenzy surrounding prediction markets. Because in the past six months, the popularity of this sector has been almost "visible to the naked eye": relaxed regulations, backing from giants, a surge in capital, and increased political support—prediction markets are becoming the most watched "new financial species" in 2025. From "fringe gambling" to "new financial species" The prediction market is not complicated to play: you can bet on events such as "whether Trump will win the election", "whether the Federal Reserve will cut interest rates", and "which country the next Nobel Prize winner will be from". The platform forms a "market probability" based on the prices of the two parties, which is regarded as a manifestation of "collective intelligence". In 2025, this "voting with money" method ushered in a triple opportunity for explosive growth: Deregulation In May of this year, the U.S. Commodity Futures Trading Commission (CFTC) withdrew its lawsuit against Kalshi, formally acknowledging that forecasting contracts can be legally traded under certain frameworks. In September, the CFTC issued a No-Action Letter to Polymarket, allowing it to reopen the U.S. market. This means that the forecasting market is moving from a "gray area" to "regulatory visibility," clearing the biggest obstacle for capital intervention. Capital + Political Bets Immediately afterwards, funds poured in: In August, Polymarket received investment from 1789 Capital, in which Donald Trump Jr., Trump's eldest son, holds a stake. Then, following ICE, the parent company of the New York Stock Exchange, investing $2 billion in September to boost Polymarket's valuation to $8 billion, and rival Kalshi's valuation reaching $5 billion in October with a lead investment from a16z and Sequoia Capital, market enthusiasm continues to rise sharply. According to the latest news from Bloomberg, Polymarket is seeking a new round of financing with a higher valuation of $12 billion to $15 billion, while Kalshi's valuation is believed to have exceeded $10 billion. Behind this frenzy of capital investment, the deep involvement of political forces cannot be ignored. The "market-friendly" regulatory environment fostered by the Trump administration paved the way for predicting a market boom. The CFTC's shift in attitude and ICE's massive investments were interpreted by the market as clear policy signals. Even more noteworthy is the Trump family's direct involvement: Donald Trump Jr. not only invested in Polymarket through 1789 Capital, but also served as an advisor to Kalshi. ICE CEO Jeff Sprecher—who is also the husband of former U.S. Small Business Administration Commissioner Kelly Loeffler—personally spearheaded the investment in Polymarket; Meanwhile, Trump's social media platform Truth Social also announced the launch of its own encrypted prediction platform, "Truth Predict". The combined forces of capital, policy, and family influence are propelling prediction markets from fringe experimentation to the mainstream financial stage. Giants drive mainstream adoption In October, Google announced that it would integrate real-time forecast data from Polymarket and Kalshi into Google Finance search results. For example, when users search for "who will be president in 2028" or "probability of a Fed rate cut", a real-time data chart of the forecast market will appear below the results. This means that, for the first time, the prediction market has been "embedded" into the world's largest information portal, becoming part of the public information flow. Google did not disclose the specific cooperation model with the two companies, but for the market, this move can be regarded as a "mainstream milestone": the prediction market has changed from a "betting tool for cryptocurrency players" to a data product that is visible to ordinary users and can be cited by the media. The results are clear: Polymarket's trading volume hit a record high in October, with monthly trading volume exceeding $3 billion, and the number of users increased by 93.7% compared to September. How serious is the "fake transaction" that Columbia University is questioning? Returning to the research data from the Columbia University paper: Approximately a quarter of Polymarket's transactions between 2024 and 2025 exhibited suspicious patterns: frequent wash trades between accounts, extremely short transaction intervals, and almost no holding settlements. These characteristics are remarkably similar to the "volume-boosting" practices prevalent in the past NFT market. The report authors speculate that there are three main motivations for market-predicting wash trading: ① To compete for future token airdrops or incentive points; ② To generate market buzz and attract new users; ③ Some market makers stabilize the price range by creating "fake transactions". In other words, some people might repeatedly place "fake orders" in the market to boost activity levels, accumulate points, and obtain future token rewards. This is not uncommon in the crypto space: from NFTs to DeFi, almost every round of innovation has been accompanied by "data manipulation," but even so, the "water" in prediction markets is not the highest in the industry. For comparison: In the early days, unregulated Bitcoin exchanges had over 70% of their trading volume being fake (according to a 2019 report by Bitwise). In the NFT market, during periods of market boom, the proportion of washing trading ranged from 20% to 50%. In comparison, Polymarket's average of 25% is considered "moderately high." Furthermore, Kalshi has stronger compliance and stricter KYC procedures, making the overall "authenticity" of the industry far surpass that of the early days of the cryptocurrency market. Therefore, from an industry perspective, the "inflated" prediction market is not a catastrophic problem. In addition, differing opinions have emerged within the industry regarding the conclusions of the Columbia University study. Former AWS engineer yassinelanda.eth offered several rebuttals after reviewing the paper. He argues that the study has methodological limitations—its conclusions are based on a single on-chain data model, while platforms like Polymarket actually possess more complex signaling systems to identify genuine users and distribute rewards fairly. Furthermore, the study's conclusions are highly sensitive to the parameters set during analysis, and the severity of the problems it reveals may not be consistent. He further pointed out a key characteristic of prediction markets: in this field, valuable signals are far more important than raw trading volume. Simply engaging in a "left-hand to right-hand" volume-boosting cycle cannot generate genuine profit (PNL). Today, advanced on-chain monitoring and recommendation systems can effectively distinguish between informed, genuine trading flows and market noise from market makers, bots, and self-traded transactions, and reduce the weight of the latter in recommendations and rewards. In his view, the core criterion for judging a prediction market should not be the easily manipulated surface data of "total trading volume," but rather: Prediction accuracy: How accurate are the market results? Calibration degree: Whether the predicted probability matches the actual frequency of occurrence. Bid-ask spreads and market depth: How good is market liquidity and how high are transaction costs? Slippage during news events: Whether prices react quickly and smoothly to new information, rather than fluctuating wildly. These indicators of market quality and information efficiency are the true core of measuring the value of the forecasting market. Gambling fever resurgence: When "betting" becomes the prevailing sentiment of the times As observed by Lydia Grant, a sociologist at the University of Chicago, "Prediction markets, in a sense, perpetuate the American belief system—allowing people to gain a false sense of control through the act of 'betting' amidst great uncertainty." This statement accurately captures the pulse of American society today. Faced with high inflation, political polarization, and class stratification, a "gambler's mentality" is quietly becoming a common outlet for emotions. From sports betting to cryptocurrencies, and now to prediction markets, more and more Americans are entrusting their fate to probability and releasing their anxieties through betting odds. When Wall Street giants also get involved, this trend gains both capital and institutional validation. The massive investments by institutions like ICE indicate that the mainstream financial world is viewing prediction markets as the infrastructure for next-generation "event-driven" risk pricing, rather than just a peripheral gambling game. As SynFutures CEO Rachel Lin points out, "The real value of the prediction market lies in its ability to quantify things that traditional finance cannot price, such as policy decisions, technological breakthroughs, and geopolitical risks." Meanwhile, Polymarket's launch of the POLY token and other initiatives have injected new momentum into the ecosystem's development. Research firm Delphi Digital believes that future predictive "terminals" integrating multi-market data and AI analysis could very well usher in a new trading arena similar to the Meme coin craze. Of course, challenges remain. U.S. regulators are still debating the definition of "derivatives" versus "gambling," and this lingering policy cloud remains the final hurdle in predicting the market's full mainstream adoption. However, the convergence of capital, technology, and social sentiment is irreversible. People think they are predicting the future, but they don't realize that this nationwide gamble has become the most accurate reflection of our times.

Author: PANews
Trump Signs Bill Ending Government Shutdown, Crypto Industry Welcomes Regulatory Clarity

Trump Signs Bill Ending Government Shutdown, Crypto Industry Welcomes Regulatory Clarity

Federal Operations Resume After Weeks-Long Impasse, Digital Asset Markets Rally on Renewed Stability

Author: MEXC NEWS
The Protocol: Sweeping Uniswap Proposal ‘UNIfication’

The Protocol: Sweeping Uniswap Proposal ‘UNIfication’

The post The Protocol: Sweeping Uniswap Proposal ‘UNIfication’ appeared on BitcoinEthereumNews.com. Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Uniswap Proposes Sweeping ‘UNIfication’ With UNI Burn and Protocol Fee Overhaul Monad Unveils Tokenomics Ahead of Nov. 24 MON Token Airdrop Bitcoin DeFi Gets Another Institutional Boost Through Anchorage Digital Custody Injective Launches Native EVM, Promising Faster and Cheaper DeFi Network News SWEEPING UNISWAP PROPOSAL OVERHAUL: Uniswap Labs and Uniswap Foundation, two of the main firms that help steer the Uniswap protocol, are joining forces to propose a sweeping governance proposal that would completely change the way the ecosystem works. The proposal, called “UNIfication,” aims to align incentives across the Uniswap ecosystem and position the protocol as the default exchange for tokenized assets. It would do this by activating protocol fees, burning millions of UNI tokens and consolidating the project’s key teams under a single growth strategy, according to a blog post dated Nov. 11 and briefly published on Nov. 10. Under the proposal, which DAO members will vote on, the protocol would redirect a portion of trading fees to a UNI burn mechanism and fees from Uniswap’s layer-2 network, Unichain, would also flow into the burn. Uniswap Labs also proposed a retroactive burn of 100 million UNI from the treasury, which the team claims would equal the amount that might have been burned if protocol fees had been active since launch. The changes related to Uniswap’s tokenomics are not the only restructuring happening to the ecosystem. Uniswap Labs, which is the main developer firm that supports the Uniswap protocol, will absorb the Uniswap Foundation’s ecosystem teams. If passed, UNIfication would mark the most significant evolution of Uniswap’s governance and economics since its token launch in 2020. — Margaux Nijkerk Read more. MONAD TOKENOMICS…

Author: BitcoinEthereumNews
Ethereum Foundation Publishes “Trustless Manifesto” On-Chain to Reinforce Decentralisation Principles

Ethereum Foundation Publishes “Trustless Manifesto” On-Chain to Reinforce Decentralisation Principles

TLDR: The Trustless Manifesto is permanently stored on-chain and non-editable to enforce core crypto design values. Pledge() on the contract records address and timestamp without offering rewards, signifying commitment over gain. The manifesto emphasises credible neutrality, self-custody, verifiability and resistance to centralised convenience. Embedding the manifesto in code shifts Ethereum from feature-upgrade talk to foundational [...] The post Ethereum Foundation Publishes “Trustless Manifesto” On-Chain to Reinforce Decentralisation Principles appeared first on Blockonomi.

Author: Blockonomi
$SPY Crypto Presale Ending Soon – Secure Your Spot Before It’s Too Late

$SPY Crypto Presale Ending Soon – Secure Your Spot Before It’s Too Late

The post $SPY Crypto Presale Ending Soon – Secure Your Spot Before It’s Too Late appeared first on Coinpedia Fintech News Time is running out faster than most people realize. SpacePay ($SPY) has set a hard deadline for its presale, and the end of November marks the final opportunity to get in at the current price of $0.004210. Over $1.4M has already flowed into the project from early participants who see what’s coming. The payment sector …

Author: CoinPedia
How to Spot the Best Meme Coin to Buy Now in 2025

How to Spot the Best Meme Coin to Buy Now in 2025

The post How to Spot the Best Meme Coin to Buy Now in 2025 appeared on BitcoinEthereumNews.com. Crypto Presales Looking past hype? Discover how Noomez ($NNZ) uses stage-based burns, real-time tracking, and ecosystem rewards to redefine meme coin investing. Most meme coins today are built to entertain, not to last. But in 2025, the top-performing tokens will be the ones that blend cultural momentum with actual mechanics. If you’re trying to figure out the best meme coin to buy now, it’s no longer enough to chase trending hashtags or familiar logos. You need to examine the code, the tokenomics, and the incentives – because only a few projects are translating hype into hard math. One of them is Noomez ($NNZ). And it’s rewriting how utility is delivered in this category. Meme Coins With No Plan Are Getting Left Behind Let’s be clear: the meme coin market isn’t dying. In fact, it’s growing. But it’s evolving. The best meme coins to buy now aren’t just the ones with the loudest communities. They’re the ones with the most transparent supply, the clearest roadmap, and the highest value density per token. Most meme coins launch with open-ended supplies, vague airdrop promises, and token distributions that flood the market the minute they hit exchanges. Investors are starting to catch on. Projects like Noomez are succeeding because they’ve taken a structural approach – building out tokenomics where scarcity increases, rewards compound, and participation creates utility. How Noomez Creates Value Through Structure, Not Speculation Noomez is pricing in scarcity – and it’s doing it in real time. At the heart of the $NNZ model is a 28-stage presale, where each round has a fixed supply and a locked price. Once a stage ends, any unsold tokens are burned forever. The result: supply decreases, price increases, and early buyers gain more control over the ecosystem. Stage 1 price: $0.00001 Stage 28 price: $0.0028 Current…

Author: BitcoinEthereumNews
The Best Meme Coin to Buy Now? How to Look Beyond Hype and Find Real Utility

The Best Meme Coin to Buy Now? How to Look Beyond Hype and Find Real Utility

Most meme coins today are built to entertain, not to last. But in 2025, the top-performing tokens will be the […] The post The Best Meme Coin to Buy Now? How to Look Beyond Hype and Find Real Utility appeared first on Coindoo.

Author: Coindoo
RippleX Flags New AI Based Scam

RippleX Flags New AI Based Scam

The post RippleX Flags New AI Based Scam appeared on BitcoinEthereumNews.com. RippleX shed light on a prevalent scam targeting XRP members using AI deepfake videos of executives. AI crypto scam is on the rise, and blockchain firms are urging users to exercise caution while they introduce tools to curb the attacks. RippleX, the XRPL development arm of Ripple Labs, has warned about a surge in sophisticated scams that exploit the brand and XRP community members. According to RippleX, scammers are using Artificial Intelligence (AI) to create fake livestreams and deepfake videos to impersonate Ripple executives.  Scammers Shift Attention to the Ripple Community RippleX stated via its official X account that scammers pretending to be executives from Ripple  Labs. These bad actors create fake livestreams, X Spaces, or AI-generated deepfake videos to make it look like real Ripple leaders are speaking. Thus far, they have used deepfake AI to make Ripple CEO Brad Garlinghouse, CTO David Schwartz, or other execs appear to speak live. These scams often promise XRP giveaways, requesting investors to send their crypto assets with the false promise of receiving double the amount sent.  AI Scam Warning | Source: RippleX Scammers also phish for wallet seeds, KYC documents, or login credentials under the guise of airdrop registration. In reality, Ripple never does public giveaways and airdrops like this.  These fraudsters post fake AI-generated videos and airdrop links in the comments of posts on Ripple’s official account. They also post them on the comment sections of posts created by Ripple executives, giving them a misleading appearance of legitimacy. RippleX emphasized in its post that employees of the blockchain firm will never ask token holders to send funds, share wallet info, or join investment streams. They therefore urged XRP investors to always verify information with Ripple and RippleX before investing in any scheme. The RippleX team concluded with a stern reminder,…

Author: BitcoinEthereumNews
Ethereum Foundation: The Account Abstraction team, together with Vitalik Buterin, released the Trustless Manifesto and put it on-chain.

Ethereum Foundation: The Account Abstraction team, together with Vitalik Buterin, released the Trustless Manifesto and put it on-chain.

PANews reported on November 13th that the Ethereum Foundation announced on the X platform that the Account Abstraction team, together with Vitalik Buterin, released the "Trustless Manifesto" and placed it on-chain. Ethereum was not founded to improve financial efficiency, but rather to enable collaboration without trustworthy intermediaries. This manifesto clearly outlines a series of related values, including trust neutrality, self-custody, verifiability, and resistance to "convenient" centralized models. The declaration is stored in its entirety as an on-chain contract and provides a single operation: pledge(). This contract has no owner or administrator, the text is uneditable, and all operations rely on the Ethereum network. When the pledge() operation is called, the system records the caller's address and the timestamp of the first commitment, and emits a public Pledged(address, timestamp) event. This operation only consumes gas fees and does not provide any form of incentive such as airdrops, credits, or early access. If a party makes a commitment, it indicates that they value the importance of user-authorized operations, do not want their protocol to rely on private servers and opaque relays, and are willing to bear the actual costs to maintain Ethereum's trustless nature.

Author: PANews
Morning Minute: SoFi Bank Launches Spot Crypto Trading

Morning Minute: SoFi Bank Launches Spot Crypto Trading

The post Morning Minute: SoFi Bank Launches Spot Crypto Trading appeared on BitcoinEthereumNews.com. Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors rebounding after Tuesday selloff; BTC at $105,000 Lighter raises $68M at $1.5B led by Founder’s Fund, Ribbit Capital Winklevoss Capital funds new Zcash DAT, buy $50M ZEC Circle beats Q3 earnings, eyes ARC token for its stablecoin chain SoFi becomes first major fintech to roll out spot crypto trading 🏦 SoFi Launches Spot Crypto Trading Today marks a milestone. A major U.S. financial institution is launching crypto trading. 📌 What Happened SoFi announced it now offers crypto spot trading access for its U.S. consumers directly within its own operations (no third-party integrations, no digital-wallet partners). Users can trade Bitcoin, Ethereum, Solana and up to 30 other coins directly within the SoFi app under its bank charter umbrella. Key points: Crypto trading is integrated into SoFi’s existing UI alongside banking, investing and debt solutions. The company emphasizes “bank-level confidence” for its crypto experience Initially available to U.S. consumers (state-by-state rollout); wallet custody and staking features expected to follow. Prioritizing onboarding via simple account linking for users already banking with SoFi. Buy and trade crypto majors along with your savings account, stock portfolio and credit cards—all under the same hood. 🗣️What They’re Saying “Today marks a pivotal moment when banking meets crypto in one app, on a trusted platform, and driven by our core mission to help our members get their money right. I believe blockchain technology will fundamentally change EVERY way finance is done throughout the world by making money movement faster, cheaper and safer, while opening new ways for people to borrow better, invest better, spend and save better.” – SoFi CEO Anthony Noto…

Author: BitcoinEthereumNews