The "peaceful world" crypto token project was a spoof of Ukraine's much-anticipated (and now-canceled) airdrop.
- Transactions on blockchain explorer Etherscan that appear as if the official Ukraine Donation Wallet is airdropping tokens to wallet addresses seem to be controlled by an outside party.
- "What happened is they made the token transferrable by anyone without approvals," explained Twitter user @razoreth. "All you need to do is send all the tokens to a wallet and use their airdrop function to send tokens out from that wallet."
- Etherscan has since flagged the token address as spam. "This token is reported to have been used for misleading people into believing it was sent from a well-known address and may be spam or phishing. Please treat it with caution," a notice on the site reads.
- After the initial publication of this article, Ukraine's minister of digital transformation announced the planned airdrop was being canceled.
UPDATE (March 3, 10:46 UTC): Adds Etherscan notice.
UPDATE (March 3, 13:08 UTC): Adds announcement of airdrop cancellation.
UPDATE (March 3, 13:39 UTC): Changes headline.
Read more about
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.