Cryptocurrency News Today TheBitTimes.com

Bybit, the second-largest crypto exchange by trading volume, has teamed up with Aptos (APT), the Layer-1 (L1) blockchain network, to launch an exclusive APT Ecosystem Airdrop, as per the most recent updates disclosed to Finbold on Thursday, November 7. Meant to empower Web3 creators and energize the sector, the airdrop comes with 18,000 APT tokens up for grabs. The Bybit APT Ecosystem Airdrop Hosted on Bybit’s Airdrop Arcade, the campaign is an opportunity for Bybit to showcase its commitment to providing top-tier blockchain opportunities and building a more decentralized ecosystem.  Picks for you Trump victory fuels 40% surge in Dogecoin millionaires 2 hours ago Will this be Trump's first action to appease the crypto communit...

Crypto exchanges looking to capitalize off the Arbitrum airdrop fever have launched IOU and derivatives for ARB, an early sign of the excitement that will unfold on March 23. Developers from the Arbitrum Foundation announced the launch of Arbitrum DAO and its native governance token, ARB, on March 16. Eligible users and developers will receive 12.75% of the token’s total supply of 10 billion on March 23, when the token will be deployed.  Speculation around ARB began soon after the token launch announcement on OTC desks, derivatives exchanges and spot exchanges via IOUs (I Owe You). ARB tokens gain steam in pre-launch trading BitMEX launched the Derivatives contract for ARB June futures on Monday around 11 p.m. EST. The futures contracts were trading at around $1.30 at the time of writing, implying that traders are betting that ARB’s price will be near this amount by June’s end. The futures contract allows speculators to bet on the token’s price and Arbitrum airdrop receivers to hedge ...

A crypto project claims a promotional token airdrop campaign led by CoinMarketCap was riddled with "fraud" that left its token price crumbling. Two crypto project s have cried foul play over promotional airdrops conducted by CoinMarketCap (CMC) on their behalf, which they allege was "gamed" for the benefit of a small group of exploiters. These promotional airdrops — designed to be distributed to thousands of wallets to raise awareness of a crypto project — ended with the tokens funneling to just a handful of wallets, suggesting potential manipulation of the system. SATT token drop Blockchain advertising solution SaTT alleged to Cointelegraph that a promotional airdrop it paid CMC to conduct in Dec. 2022 ended with 84% of the airdropped tokens funneling to just 21 wallets. The promotion was meant to see 25,000 winning wallets receive 4,000 SATT each, worth $6.30 at the time per CoinGecko data. However, SaTT claimed that shortly after the airdrop was distributed, 2...