Completing the first phase of its airdrop, Sonic, a layer 1 blockchain, distributed more than 80 million Sonic tokens to its users on July 18. Not everyone is happy. In the aftermath of the drop, ...

Crypto airdrops are like surprise gifts, where users receive free tokens. New blockchain projects often give them out to promote their coins, similar to free samples in a store. To participate in an ...

In 2024 and 2025, fake airdrop scams targeting Hamster Kombat, Wall Street Pepe and others led to millions in user losses, contributing to over $9.9 billion in global crypto scam damages. Fake ...

Crypto airdrops are typically available to users who hold specific coins, complete certain actions, or participate in testnets. You can find upcoming airdrops by checking crypto airdrop aggregator ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Doretha Clemons, Ph.D., MBA, PMP, has been a ...

Airdrops serve various purposes, such as community building, rewarding early adopters, increasing decentralization, and marketing new projects. However, not all airdrops are legitimate, so due ...

With cryptocurrency being the talk of the town, people are trying to explore the space as easily and seamlessly as possible. Any amount of volatility scares the average investor, which is why ...

The crypto space has grown much beyond the original vision of Bitcoin as a standalone payment system. Since there have been thousands of blockchain projects developed in the past decade, one of the ...

Airdrops are a popular way for crypto projects to distribute tokens, but they also create immediate tax obligations. From IRS and CRA rules to global reporting requirements, understanding how airdrops ...