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‘Big sybil hunt’ and durable users helped LayerZero airdrop succeed, says CEO
9.9.2024
LayerZero’s native ZRO token has vastly outperformed the tokens of other projects including ZKsync and Starknet, which were airdropped around the same time.
EigenLayer enhances EigenDA security to combat sybil attacks
23.6.2024
With the incorporation of this security measure, EigenLayer seeks to protect the service it offers while guaranteeing its availability to all clients
41% of top ZK airdrop wallets have already sold everything: Nansen
18.6.2024
The data covered the “top 10,000 addresses” that received zkSync’s new ZK token, though that only makes up 1.4% of the total wallets eligible for the ZK airdrop
ZkSync token launches amid network load, RPC issues
17.6.2024
ZK token launch on multiple exchanges sees price fluctuations while zkSync manages network strain and scam threats
ZkSync defends Sybil measures as Binance offers own ZK token airdrop
17.6.2024
ZK Nation said its Sybil filtering approach was to ensure as many users as possible would get an allocation, but that would inevitably let through some Sybils
zkSync faces criticisms for anti-Sybil measures in token distribution
13.6.2024
zkSync is attracting criticism from across the industry. Many are saying that the layer-2 scaling solution based on Ethereum lacked sufficient measures against Sybil attacks. Allegations have come at a time when zkSync has its focus on token airdrop. The allegation is that while it has listed seven...
ZkSync hit with claims of ‘almost no Sybil filtering’ in slated token airdrop
12.6.2024
Mudit Gupta from zkSync rival Polygon said the ZK token airdrop could be the most “farmed airdrop ever,” claiming it lacks anti-bot measures
Tensions in DeFi industry exposed by LayerZero’s anti-Sybil strategy
28.5.2024
LayerZero has identified 800,000 potential Sybil addresses so far, but the process has antagonized some community members
LayerZero Flags 800,000 Potential Sybil Addresses, Down from 2 Million Identified Initially
20.5.2024
LayerZero Labs has identified a total of 800,000 addresses as potential sybil addresses, rendering them ineligible for the full token allocation.
The post LayerZero Flags 800,000 Potential Sybil Addresses, Down from 2 Million Identified Initially appeared first on Cryptonews
LayerZero identifies over 800k addresses in sybil self-reporting phase
18.5.2024
Initially, the team identified over 2 million addresses as potential Sybils but later refined their criteria to minimize false identifications, resulting in a more precise classification
Linea’s LXP Mint delayed due to Sybil activity surge
13.5.2024
The release of Linea Voyage XP (LXP) tokens of Consensys’ approach to increasing the capacity of the Ethereum Virtual Machine, Linea, has slowed down, stemming from an increase in Sybil activity. This is the act of people setting up several accounts to acquire benefits undeservingly. As a result...
LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop
6.5.2024
LayerZero Labs, a renowned cross-chain interoperability protocol, has vowed to tackle the issue of sybil farmers ahead of its highly anticipated airdrop.
The post LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop appeared first on Cryptonews
LayerZero tackles sybil activity with self-reporting mechanism
4.5.2024
LayerZero Labs will enforce consequences for those who don’t self-report by May 17, 2024
Io.net CEO Details Recent Sybil Attack and New Security Measures
29.4.2024
Io.net CEO Ahmad Shadid provides a detailed postmortem of the recent Sybil attack and outlines the company's response to enhance network security, addressing vulnerabilities exposed by GPU spoofing.
The post Io.net CEO Details Recent Sybil Attack and New Security Measures appeared first...
Token airdrops targeted by farm accounts and ‘Sybil attacks’
23.4.2024
Airdrop squatters are creating fake accounts on platforms for the sole purpose of farming airdrop tokens, thus taking away share from loyal users
Shocking Sybil Attack Uncovered: Individual Controls Over 21,000 Wallets on zkSync Network
12.9.2023
According to a recent X thread, it has recently come to light that an individual has orchestrated an incredibly sophisticated Sybil attack on zkSync, a layer-2 scaling solution for Ethereum.
This Sybil attack has given this individual control over a staggering 21,877 wallets within the network....
Connext Airdrop Marred by $38K Sybil Bot Attack
5.9.2023
Connext Network, a protocol that interacts with native blockchain bridges to optimize security, is the subject of intense scrutiny after one wallet appears to have exploited its NEXT token airdrop
Hop Protocol Rewards Sybil Hunters with Innovative Airdrop Tool – How Does it Work?
5.6.2023
As Sybil farming ahead of anticipated airdrops is becoming increasingly popular in the cryptosphere, Hop Protocol is unveiling a new initiative under which it will reward Sybil hunters for their diligence in combating Sybil attackers who target such airdrops.
Sybil attacks are carried out...
Sybil Millionaires: How Airdrop Hunters Trick Projects and Snatch Fortunes
10.4.2023
They maintain multiple accounts for the same project, stay undetectable and maximize profits from airdrops like those of Arbitrum, Aptos, Sui and others. Special report by Anna Baydakova
Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop
25.3.2023
Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than 23,000 listed digital currencies. Currently, there is a circulating supply of 1,275,000,000 ARB, and the Arbitrum Foundation’s DAO Treasury...