60% APR Airdrop Collected by One Party, Compromising Openness in DeFi
- Web3 startup aPriori faces scrutiny as a single entity claimed 60% of its APR token airdrop via 14,000 interconnected wallets. - Wallets funded with 0.001 BNB each on Binance showed coordinated activity to claim and transfer APR tokens rapidly. - Blockchain analytics firm Bubblemaps revealed the entity continued creating new wallets to maximize airdrop allocations. - aPriori, backed by Pantera Capital, remains silent despite raised concerns about distribution fairness and DeFi transparency. - The inciden
Web3 company aPriori has come under the spotlight after blockchain analytics provider
aPriori, headquartered in San Francisco and supported by Pantera Capital along with other backers, has not commented on these accusations. The startup, which secured $20 million in August 2025 to grow its trading infrastructure, has previously emphasized its commitment to decentralized finance (DeFi) and algorithmic trading.
Bubblemaps’ findings have sparked debate over whether the airdrop was conducted fairly and if there was any privileged access. The synchronized actions of the wallets—funded through Binance and quickly moving APR—point to a deliberate strategy to maximize airdrop rewards.
aPriori’s founders, who previously worked as
This event has heightened ongoing worries about how tokens are distributed in the cryptocurrency industry.
---
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Update: Bitcoin's Recent Decline: Can Institutional Investors Help Steady the Market or Intensify the Slump?
- Bitcoin's price drop below $85,000 has intensified debates as long-term holders offload over 400,000 BTC, per economist Peter Schiff's warning about "weak hands" deepening selloffs. - High-profile exits like Owen Gunden's $1.3B BTC liquidation highlight profit-taking by OGs, while institutions via ETFs have absorbed 2.39M BTC since 2024, per Ark Invest. - Market fragility worsens as gamma exposure forces dealers to sell near $85,000 support, but institutional demand could stabilize prices if buying conti
YFI Value Drops 4.78% Over the Past Week as Market Fluctuations Continue
- YFI rose 0.1% in 24 hours but fell 4.78% in seven days, with 14.2% monthly and 50% annual declines. - Price movements reflect broader market instability, not project-specific updates or governance changes in Yearn.finance. - Analysts predict YFI remains sensitive to macroeconomic trends and global investor sentiment in the near term. - Token consolidation continues without fundamental shifts, urging investors to monitor on-chain metrics and protocol updates.
Bitcoin News Today: Bitcoin Drops to $90K—Is This a Prime Buying Chance or the Start of a Deeper Downturn?
- Bitcoin fell below $90,000, pushing 70% of active capital into losses and erasing $120B in market value. - Short-term holders face >30% drawdowns, with fear metrics hitting 2-year lows as $1.9B in leveraged positions liquidated. - Analysts cite historical rebounds after extreme fear, but MicroStrategy's leveraged holdings risk further selling if prices drop. - Institutional actions and Fed policy uncertainty remain key factors, though oversold indicators suggest potential 40% near-term rebound.
Coast Guard Strengthens Prohibition of Hate Symbols to Combat Antisemitism and Extremist Activity
- U.S. Coast Guard reversed a policy to reclassify hate symbols like swastikas and nooses from "potentially divisive" to prohibited, following backlash from lawmakers and advocacy groups over antisemitism risks. - The reversal came after a leaked draft proposal aligned with Trump-era Pentagon directives, which critics argued weakened harassment definitions and accountability for hate incidents. - Coast Guard reaffirmed strict prohibitions on divisive symbols, emphasizing severe punishment for violations, b
Trending news
MoreCrypto prices
More
