About 60% of aPriori’s APR airdrop was claimed by a single entity across 14,000 interconnected wallets, according to Bubblemaps. Web3 startup aPriori has gone quiet after fresh allegations over its latest token airdrop, as onchain analysts flag unusually concentrated distribution patterns. About 60% of the recent aPriori (APR) token airdrop was claimed by a single entity across 14,000 interconnected cryptocurrency wallets, according to blockchain analytics platform Bubblemaps. The wallets were freshly funded through crypto exchange Binance with 0.001 BNB (BNB) each over a short period, Bubblemaps said. All of the addresses then sent their APR allocations to new wallets. Read more
Pi is turning its giant mobile community into a distributed compute grid, testing whether AI can run on a global crowd instead of the cloud. Before talking about “50 million nodes reshaping AI,” it helps to look at what Pi Network actually has today. Pi began as a smartphone mining app and grew into one of the largest retail crypto communities, with tens of millions of registered “Pioneers.” Read more
El Salvador says it has bought 1,090 BTC worth over $100 million, raising questions about an IMF loan pledge to limit Bitcoin exposure and fiscal risks. El Salvador, the first country to adopt Bitcoin as legal tender, says it has bought more than $100 million in BTC despite pledging to the International Monetary Fund (IMF) to limit public exposure to the asset as part of a loan agreement. According to data from El Salvador’s Bitcoin Office, the government acquired 1,090 Bitcoin (BTC) worth more than $100 million on Tuesday. The purchase comes after the IMF said in a July report that the Central American nation had not bought any new Bitcoin since the organization approved a $1.4 billion loan program at the end of 2024. According to El Salvador’s Bitcoin reserve data, the country’s Bitcoin holdings went from 5,968 BTC on Dec. 18, 2024 — when the government inked a deal with the IMF — to over 7,474 BTC following its latest purchase announcement. Read more
Mastercard is rolling out verified, human-readable crypto aliases to self-custody wallets, using Polygon for onchain support and Mercuryo for identity verification. Mastercard is expanding its Crypto Credential program to self-custody wallets, allowing users to send and receive cryptocurrencies using verified, username-style aliases instead of long wallet addresses. Polygon will be the first blockchain to support the rollout, while payments firm Mercuryo will handle identity verification and issue the aliases to users, according to a Tuesday press release shared with Cointelegraph. “By streamlining wallet addresses and adding meaningful verification, Mastercard Crypto Credential is building trust in digital token transfers,” said Raj Dhamodharan, executive vice president of blockchain and digital assets at Mastercard. Read more
Wallets tied to the Libra token continue to draw liquidity and have purchased $61.5 million in Solana, despite asset freezes and fraud probes. Wallet addresses tied to the controversial Libra (LIBRA) token are still pulling money from the failed memecoin and rotating it into other cryptocurrencies despite asset freezes and ongoing fraud investigations. The wallets associated with the Libra token — which was controversially endorsed by Argentine President Javier Milei — have withdrawn nearly $4 million in liquidity from the memecoin to buy the Solana (SOL) dip. After the withdrawal, two cryptocurrency wallets associated with the Libra team acquired $61.5 million worth of SOL at an average price of $135, according to blockchain data platform Onchain Lens. Read more