Worthless Airdrop Tokens: What to Do With Them
Airdropped tokens that trade at fractions of a cent still count as taxable income the moment you claim them. Here is the calm, practical playbook.
9 stories mentioning it. Newest first.
Airdropped tokens that trade at fractions of a cent still count as taxable income the moment you claim them. Here is the calm, practical playbook.
The airdrop looked broad: 700-plus wallets. But the structure reveals a whale game. Seven recipients absorbed 74% of the distribution and flipped 77% of their haul within hours of receipt.
Airdrops drop free tokens into wallets — sometimes as a genuine reward, often as bait for a scam. Here's how they work and how to stay safe.
The retroactive airdrop era began with UNI in 2020 and effectively closed with HYPE in late 2024. Here is what the numbers actually show.
1.6K $BTC (≈100.6M) moved from unknown wallet to Galaxy Digital.
A SIM-swap lets an attacker hijack your phone number, beat SMS 2FA, and drain your exchange account. Here is how the attack works and how to lock it down in an afternoon.
1.7K $BTC (≈101M) moved from unknown wallet to Galaxy Digital.
The distribution deal through Fireblocks Earn matters more than the vaults themselves: idle stablecoin balances sitting in custody are the largest unmonetised pool in crypto, and Galaxy just put a…
Small airdrops disappear fast to gas fees, bad approvals, and panic sells. Here are the seven mistakes that cost recipients real money.