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Staking in the Cosmos Ecosystem: An Airdrop Guide
From December 2023 to January 2024, several crypto projects distributed rewards to users who staked Cosmos ecosystem tokens in their Keplr wallets. Let's dive into the future of staking Cosmos tokens and uncover activities that could boost your chances of receiving more retroactive airdrops.
In the face of escalating inflation (211%), Argentinians continue to actively purchase dollar-pegged stablecoins, steering clear of Bitcoin due to its high volatility. For cash purchases of these stable tokens, locals are turning to domestic P2P exchanges due to the country's stringent currency regulations. 5 Best AI Cryptocurrencies: The Intersection of AI and Blockchain
AI cryptocurrencies are assets that empower projects intertwined with artificial intelligence. They serve various purposes, including portfolio management, image generation, and information retrieval. These tokens enable owners to engage in project development and cover platform service fees. The Avalanche Ecosystem: Top 3 Tokens Poised for Growth
With the arrival of spring, the seemingly dormant Avalanche network has breathed new life, signaling that interest in this blockchain is just beginning to peak. Traditionally, advancements in blockchain technology tend to positively influence not just the native token of a network but all tokens within its ecosystem.
Unknown hackers have compromised NFPrompt, a platform that facilitates the creation of Web3 content with artificial intelligence. They managed to steal funds from the project's treasury and ecosystem fund. However, according to the developers' statement, the remaining assets, including user tokens, are completely secure at this time.
As a stablecoin that exists independently of the specific blockchains it utilizes for transactions, USDT's adaptability on over 15 blockchains has prompted Tether to offer a fallback for users against potential blockchain failures. The company has unveiled a tool designed for the recovery of USDT tokens across a multitude of blockchains. xNFTs: Non-Fungible Tokens with Embedded Applications
Airdrops within the Solana ecosystem continue to be a key interest driver for this blockchain. A prime example of this trend is xNFTs, specifically Mad Lads, whose holders have received DYM (Dymension) tokens and are likely to receive W (Wormhole) as rewards.
Most airdrop participants find themselves pondering, "When should I sell these tokens?" CoinGecko's analysis of the 50 biggest airdrops revealed that over half of the project tokens (54%) achieved their all-time high (ATH) within two weeks to several months after the airdrop.
PlayDapp, the cryptocurrency gaming platform, is reeling from a massive $290 million token loss following two hacking incidents in just one week. The initial breach was on February 9, where a hacker managed to mint 200 million PLA tokens, valued at $36.5 million, presumably by cracking into the developers' private key.
Justin Schmidt, the Chief Operating Officer at Ondo Finance, which specializes in tokenized securities, is confident that yield-bearing stablecoins will outpace their traditional counterparts in the future. He notes that current issuers of such tokens are channeling investments into U.S. Treasury bonds and deposits, thereby securing their own profits, while regular users remain deprived from yield-generation. 








