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Cap ‘stabledrop’ U-turn sees cUSD drop $23M, founder denies self dealing claims

Cap’s founder took to X to apologize for a u-turn on the long anticipated “stabledrop” and distance himself from a notorious wallet address.

It’s been 365 days since Pump Fun promised an airdrop was ‘coming soon’

It’s almost one year since memecoin platform Pump Fun announced an airdrop for its PUMP token was “coming soon.”

The Pump Fun airdrop was announced alongside the the initial coin offering of the platform’s token, which is now down 39% since its launch.

Blockchain analytics firm Bubblemaps linked a cluster of addresses that claimed $170M of MYX tokens during Myx Finance’s airdrop.

MYX Finance rallied 10X this week thanks to an airdrop marketing campaign that lured sybil attackers seeking quick paydays.