Apparent Ukraine WORLD Airdrop Might Be Spoof

The peaceful world tokens that appeared to be sent by Ukraine's crypto addresses could have been spoofed, blockchain analysts said.

AccessTimeIconMar 3, 2022 at 9:08 a.m. UTC
Updated Mar 3, 2022 at 4:05 p.m. UTC

Shaurya is an analyst/editor for CoinDesk's markets team in Asia.

CORRECTION (March 3, 10:37 UTC): The peaceful world crypto token project appears to be spoofing Ukraine’s much-anticipated airdrop; an earlier version of this story said the airdrop had started.

An airdrop of peaceful world (WORLD) tokens that appeared to come from Ukraine's crypto addresses might have been a spoof, blockchain analysts said.

  • Ukraine confirmed it would hold an airdrop Wednesday after raising more than $33 million in various cryptocurrencies from global donors. Over $7 million in donations were made hours after the airdrop announcement.
  • The airdrop to eligible recipients – those who donated cryptocurrencies to charities working toward the betterment of citizens affected by Russia's invasion of Ukraine – appeared to have started earlier Thursday, blockchain addresses showed.
  • The airdrop started shortly after CoinDesk reported Ukraine appeared to be seeding liquidity pools on Uniswap with WORLD tokens.
  • Blockchain explorer Etherscan has now tagged WORLD tokens as "misleading" and that the tokens could be spam or phishing.

CORRECTION (March 3, 09:14 UTC): Corrects alleged token name to WORLD. A previous version had it as PEACE.

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

CoinDesk - Unknown

Shaurya is an analyst/editor for CoinDesk's markets team in Asia.

CoinDesk - Unknown

Shaurya is an analyst/editor for CoinDesk's markets team in Asia.

Trending

1
CoinDesk - Unknown
Three Arrows Capital Files for Bankruptcy in New York Tied to British Virgin Islands Proceeding

A British Virgin Islands court ordered Three Arrows' BVI branch into liquidation earlier this week.

CoinDesk - Unknown
2
CoinDesk - Unknown
Cosmos-Builder Ignite Cuts Headcount by More Than 50%, Ex-Employees Say

The reductions come amid a crypto market crash, and after the return of Ignite’s controversial ex-CEO.

CoinDesk - Unknown
3
CoinDesk - Unknown
India's Day Of Reckoning With ‘Most Controversial Crypto Tax’ Is Here

The country's 1% TDS is predicted to exacerbate negative market sentiment and add to the woes of the crypto community.

CoinDesk - Unknown