Latest news with #Celestia
New York Post
5 days ago
- Business
- New York Post
Crypto airdrops: How to find and claim the next free token drops
Cryptocurrency airdrops have emerged as a popular way for blockchain startups to promote new crypto tokens and attract users to their projects. The guide below has all the details that crypto enthusiasts should know about airdrops, how they work and how to avoid scams. Airdrops are best understood as a way for crypto startups to raise awareness while launching new virtual currencies. The startups will send tokens to the virtual 'wallets' of users who sign up. The coins are usually distributed for free or in exchange for a service, such as posting on social media about the crypto project. Advertisement It's a long shot, but if the crypto coin surges in popularity and gains a following online, its value can skyrocket, providing a windfall for the user. 'The upside of legit airdrops can be huge, some early users of protocols like Arbitrum, Uniswap, or Celestia made thousands of dollars for actions they took months before token launch,' Cryptex cofounder and CEO Joe Sticco told The Post. While potentially lucrative, airdrops can be very high-risk and are sometimes associated with 'rug pulls' or 'pump and dump' schemes, while project leaders quickly sell off their holdings after launch. Advertisement Experts stress that crypto users should be cautious and conduct due diligence to ensure that they are being offered by a reputable outlet. 'Risks include phishing, spam tokens or even smart contract exploits, so tread carefully,' Cryptex's Sticco said. 'If it sounds too good to be true, it probably is.' Users should look carefully at the URLs of project websites to ensure they look legitimate and attempt to identify token launches that come with 'transparent roadmaps and real use cases,' according to Patrick Young, an executive at airdrop distribution tool Galxe. Are You Crypto Curious? How to start crypto trading today Best Wallet Download a trusted exchange app — Start by choosing a licensed crypto exchange. We recommend starting with the Best Wallet app, available for both iOS and Android. Create and verify your account — Sign up using your email, Google, or Apple ID. To complete registration, you'll need to verify your identity with a government-issued ID and enable two-factor authentication (2FA) for added security. Fund your account — Deposit money into your account by linking a bank account or credit card or even using gift cards. Choose an option that best fits your lifestyle. Buy your first cryptocurrency — Use the app's marketplace or swap tool to purchase crypto by entering the ticker symbol — like BTC for Bitcoin or ETH for Ethereum — and follow the prompts to complete the transaction. Choose how to store your crypto — Decide whether you'll keep your crypto in the exchange, move it to a digital wallet (hot wallet), or store it offline (cold wallet) for extra protection. LEARN MORE Advertisement It's also critical for users to protect their crypto wallets by only connecting to verified pages. Users should never share their private wallet keys or seed phrases — the sequence of words used to access their crypto wallet. 'If anyone — especially someone claiming to be from the project — asks for your seed phrase, that's a major red flag,' Young said. Some experts suggest using an alternative wallet as a safeguard against potential fraud. 'The best advice is to look for projects evincing transparency, admin accountability, and engagement from project devs/managers,' added Peter C. Earle, senior economist at the American Institute for Economic Research. Advertisement For those interested in hunting for crypto airdrops, experts advise looking out for insider communities on social media platforms, including X, Discord and Telegram, or on specialized crypto sites that are set up to provide access for airdrops. Alec Strasmore, the founder of Epic Loot Labs, suggests that users study the 'tokenomics' of specific projects to get a sense of key details, such as how much supply of a given token is being given away in an airdrop. Community excitement and levels of engagement of public posts serve as a way to gauge whether certain projects may take off. 'General sentiment about the project also matters a lot because it determines how many people want to buy the token once its live,' Strasmore said. Blockchain startups will usually announce an airdrop online and detail any requirements to participate, such as having users follow a certain social media account or sign up to their website. Users provide their wallet address and receive a specific amount of coins, which varies from project to project. From there, they can buy, sell or hold the coins as they see fit. Look for wallets that are compatible with a wide array of blockchains and cryptocurrencies, have strong security settings and are non-custodial – meaning the user, not the platform, has control of their own private keys. Top options include Best Wallet, which distributed its own token $BEST via airdrop, as well as popular services like MetaMask, Exodus and Rabby. Leading exchanges like Kraken, Coinbase, and Binance occasionally support airdrops. Other sites like CoinMarketCap, Galxe and also curate airdrops. New York Post Approved Our pick — 60+ Chains. Total Control. Best Wallet The Best Wallet app puts security first with biometric logins, two-factor authentication, and full non-custodial control — so you hold your keys, not just your coins. With support for thousands of altcoins across 60+ blockchains, it pairs top-tier security with powerful, user-friendly tools — making it the safest, most innovative way to HODL, swap, and manage your crypto. Learn More 108M+ Users Worldwide Coinbase Coinbase is building a more inclusive financial future for over a billion people, enabling them to trade, stake, spend, and transfer crypto on a secure and trusted platform. It powers the on-chain economy with essential infrastructure, global access, and a commitment to fair, responsible innovation. Learn More 114.9% BTC Reserve Ratio Kraken Kraken takes crypto security seriously, with FIDO2-compliant Passkey logins, encrypted communications, and customizable API permissions that keep your account firmly in your control. With no phone-based recovery, time-locked global settings, and real-time threat monitoring, it's built to protect your assets at every layer. Learn More $232B Platform Assets Robinhood Robinhood Crypto offers a user-friendly platform for trading and transferring digital assets, including the ability to securely and easily send and receive crypto to and from external wallets. With its self-custody Robinhood Wallet, it manages crypto holdings across multiple blockchains, including Ethereum, Bitcoin, and Solana. Learn More 20% of Global Crypto Secured Ledger Ledger is a leading provider of secure hardware wallets, offering devices like the Ledger Nano X and Ledger Stax that protect private keys offline using industry-leading Secure Element chips and a proprietary operating system. Paired with the Ledger Live app, manage over 5,500 digital assets, including cryptocurrencies and NFTs. Learn More 100M+ Users & Growing lets you buy, sell and trade over 400 cryptocurrencies, including Bitcoin and Ethereum, with zero-fee USD deposits, wire, and Apple/Google Pay. With a user base exceeding 140 million, the platform gives advanced trading options, a self-custodial wallet through Onchain, and industry-leading security certifications. Learn More $53T+ in Transactions Uphold Uphold is a multi-asset trading platform that enables users to buy, sell, and swap over 360 cryptocurrencies, 27 fiat currencies, and four precious metals, all in a single step. With features like assisted self-custody via the Uphold Vault, staking rewards up to 16.8%, and real-time reserve transparency, it offers a secure and versatile experience for both beginners and seasoned investors. Learn More The New York Post may receive revenue from affiliate/advertising partnerships for sharing this content and/or if you click or make a purchase.
Cision Canada
28-04-2025
- Business
- Cision Canada
MEXC Announces the Listing of MilkyWay (MILK) with 448,000 MILK and 50,000 USDT Prize Pool
VICTORIA, Seychelles, April 28, 2025 /CNW/ -- MEXC, a leading global cryptocurrency exchange, announces the upcoming listing of MilkyWay (MILK) on April 29, 2025 (UTC). To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 448,000 MILK and 50,000 USDT for both new and existing users. MilkyWay is a next-generation restaking protocol addressing security fragmentation across modular blockchains. As a liquid staking solution within the Celestia ecosystem and the leading restake protocol under Initia, it allows staked assets to secure multiple chains while improving capital efficiency through liquid staking (milkTIA) and AVS integration. It is currently integrated with over 10 DeFi protocols, including Osmosis, Levana, and Mars, offering users services such as trading, leverage, lending, and yield TVL currently reaches $190 million. $MILK is the governance token of the MilkyWay ecosystem. Holders can stake to support network security, vote on proposals, and earn rewards through staking, liquidity incentives, and ecosystem growth. 10% of the total supply is airdropped to Celestia TIA stakers as a tribute to early supporters. To celebrate the listing, MEXC will launch an Airdrop+ event from April 28, 2025, 13:00 to May 8, 2025, 10:00 (UTC). The event includes the following benefits: Benefit 1: Deposit and share 336,000 MILK (New user exclusive) Benefit 2: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users) Benefit 3: Invite new users and share 112,000 MILK (For all users) The listing of MilkyWay (MILK) is just the latest example of MEXC's dedication to bringing the most innovative and timely assets to its platform. According to the latest TokenInsight report, from November 1, 2024, to February 15, 2025, MEXC led the industry with an impressive 461 spot listings. During each bi-weekly period, MEXC maintained a high listing frequency, consistently ranking among the top six exchanges and demonstrating its ability to capture market trends quickly. To date, MEXC has listed more than 3,000 digital assets. MEXC will continue to maintain its industry-leading listing efficiency, innovate, and expand its offerings, ensuring users have access to the best opportunities in the ever-evolving crypto landscape. For full event details and participation rules, visit here. About MEXC Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto." Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
Edinburgh Reporter
23-04-2025
- Business
- Edinburgh Reporter
New luxury Indian restaurant ‘Celestia' Opens Tonight In Edinburgh's Eyre Place
A new upscale Indian restaurant is set to welcome its first diners this evening in Eyre Place, transforming the space formerly occupied by local favourite New Chapter. Celestia, the latest venture from Mohammed Abbas and the team behind the award-winning Cilantro curry house on Leith Walk, promises to elevate Indian dining in Scotland's capital to new heights. 'Building on Cilantro's success, Celestia Edinburgh is offering a more luxurious Indian culinary excellence,' said Abbas, a veteran of Edinburgh's dining scene. 'The journey hasn't been smooth, with challenges ranging from design complexities to sourcing the perfect materials. Yet, each obstacle became an opportunity to refine the concept, blending Scottish hospitality with the rich flavours of authentic Indian cuisine.' Unlike its sister establishment Cilantro, Celestia will operate with a full drinks license and will feature an à la carte menu, with plans to introduce a tasting menu and lunch options in the future. The opening marks another milestone for Abbas, whose first restaurant, Cilantro opened in 2021 during the challenging aftermath of the COVID-19 pandemic. Despite launching in uncertain times, the boutique 20-seat establishment quickly garnered multiple awards for its innovative approach to traditional Indian cooking. Celestia aims to build on this foundation, offering what Abbas describes as 'more than just an Edinburgh Indian dining establishment; it's the culmination of years of experience and determination.' He invites guests to 'experience the pinnacle of Indian gastronomy in Scotland's capital, blending authentic recipes with modern culinary techniques.' Celestia is located at 18 Eyre Place, Edinburgh EH3 5EP. Tel: 0131 287 2914 Like this: Like Related
