Analysis Crypto by Thebittimes.Com

1. The zkSync airdrop allocation has sparked controversy link ZKsync will conduct a one-time airdrop next Monday to 695,232 eligible wallets, distributing a total of 3.675 billion ZK tokens, which represents 17.5% of the total supply of 21 billion ZK tokens. Additionally, 49.1% of the token supply will be allocated through the ecosystem plan, with 17.2% going to investors and 16.1% to the Matter Labs team. The airdrop eligibility and distribution are based on a snapshot of ZKsync Era and ZKsync Lite activities taken at 00:00 UTC on March 24, 2024, marking the first anniversary of the ZKsync Era mainnet launch. The airdrop is based on a points system, where wallets earn points through certain actions, such as interacting with 10 smart contracts on ZKsync Era, providing liquidity to DeFi protocols, and trading more than 10 types of ERC-20 tokens. Points can also be earned through activities on ZKsync Lite, like donating to Gitcoin rounds or trading in the three months before the ZKsyn...

Following the Arbitrum airdrop announcement, crypto users who have been eligible for the airdrop are already selling them in OTC markets. The Arbitrum community is speculating and selling off their unreleased ARB tokens in over-the-counter (OTC) markets following the Arbitrum airdrop announcement.  The Arbitrum Foundation announced that ARB, Arbritrum’s new token, will be airdropped to eligible community members on Thursday, March 23. It explained that ARB marks Arbitrum’s official transition into a decentralized autonomous organization (DAO), meaning ARB holders will be able to vote on key decisions governing Arbitrum One and Arbitrum Nova — networks that allow users to transact on the Ethereum blockchain with better speeds and lower fees. OTC Trading allows easy buying and selling of cryptocurrencies directly between a seller and a buyer. The process is usually very fast and funds are transferred directly from a bank account to the seller. In this case, when a price is agreed on by ...