LayerZero’s ZRO Token Airdrop Receives Backlash For ‘Proof-Of-Donation’ Mecha...

LayerZero’s ZRO Token Airdrop Receives Backlash For ‘Proof-Of-Donation’ Mecha...

This week, another airdrop controversy has sent the crypto community into havoc. Omnichain interoperability protocol LayerZero recently announced its ZRO Token launch alongside an Airdrop for its community. Related Reading: Trump-Inspired Memecoins Crash 30% After Rumors Of Trump’s Official Token Launch However, investors were shocked when the protocol announced the new ‘Proof-of-Donation’ mechanism. The token’s price has dropped over 20% after launching.  LayerZero Faces Backlash For Token Airdrop  On June 14, the LayerZero Foundation took X to tease an upcoming airdrop. That day, Bryan....


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WIF Plunges 11% As Whale Deposits Millions To Binance, Who’s Behind It?

Memecoins are in red this week as most sectors of the crypto market struggle. Dogwifhat (WIF) has not been the exception.  The memecoin sensation of Q1 saw a significant price drop following the movements of a whale. Recently, an address transferred millions of WIF to a crypto exchange, which ignited speculation about who was behind the transaction. Related Reading: LayerZero’s ZRO Token Airdrop Receives Backlash For ‘Proof-Of-Donation’ Mechanism 6 Million WIF To Binance On Friday, reports of a massive WIF transfer to Binance hit the crypto community. Per the report, one of the top....

ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program

ZkSync, the Ethereum Zero-Knowledge Layer-2 scaling solution, has been in the spotlight for its new token. Last week, the project’s announcement of its ZK token airdrop was met with backlash from investors and the crypto community. Related Reading: Polkadot (DOT) Struggles Near $6.30 – Is Now The Time To Accumulate? Following the backlash, crypto exchange Binance announced it would list ZK and offered a new distribution program to address users’ concerns. Since its launch, ZK has dropped over 20%. ZkSync’s Airdrop Drama On June 11, ZK Nation announced the upcoming launch and airdrop of....

Mecha Morphing Announces its Upcoming IDO Launch With Polkastarter

Mecha-Morphing, a next-generation combat strategy game, is thrilled to announce its IDO launch with Polkastarter on March 29th. The public raise will be for $400,000 with a personal allocation of $250 max per person. Recently, the team successfully closed $3.5M in a strategic private funding round led by YGG SEA and IVC. More than 20 […]

Blockchain Game Mecha Morphing Completes Private Round of Financing

Mecha Morphing has completed its private round of financing led by YGG SEA and IVC. More than 20 institutions including SHIMA Capital, Innovion, AC Capital, and Sfermion participated in the investment. The specific investment amount has not yet been disclosed. Mecha Morphing is a well-crafted fully decentralized high-quality ARPG game. The game is set in a future time. The style is a unique fusion of cyberpunk with mecha wasteland. Coupled with high-quality combat graphics, it will bring players a visual feast. Mecha Morphing is a game that was carefully created by a team with rich....

Yuga Labs Rumored To Be Launching New NFT Collection, ‘Mecha Apes’

Yuga Labs is coming back for more. That’s at least the word on the rumor mill, as a reportedly leaked document details an upcoming release, tentatively called ‘Mecha Apes,’ that could hit the market by the end of the year. Let’s take a look at the details that have hit the wire in the early […]