Welcome back to another crypto daily 3 at 3. All right guys, happy Tuesday. It is Tuesday, September 10th, and we're going to be looking at three things. First,

we're going to be looking at AirDrops, a specific AirDrop with the Stellar Foundation, and then

the idea of AirDrops more broadly. Second, we're going to be looking at the bankification

of Bitcoin in the context of some recent news from Gemini. And third, we're going to be looking

at Apple's ambitions in the crypto space or lack thereof.

Apple just had its big product event most recently today.

So the question is whether there was going to be anything about crypto based on some recent rumbling.

So let's dive in.

First, we're going to talk about Airdrop.

So the Stellar Foundation is set to

AirDrop something like $120 million worth of XLM tokens to users of the chat app Keybase. Keybase is not a

native crypto app. It's sort of a privacy encryption focused chat app competing with Slack

and WhatsApp and telegram and everything

else um and uh basically the the seller foundation is going to be air dropping a a big chunk of

uh their token over the course of the next 20 months uh users of um of keybase are able to get up to $500 worth of XLM.

And this is not the first time that Stellar has done this before.

So Stellar partnered with blockchain, the blockchain wallet, or specifically, and airdropped

125 million worth of XLM on that set of users.

They've worked with Coinbase's Earn, blah, blah, blah, blah.

And so for Stellar, obviously, the idea here is to get their token in the hands of a network of users, right?

In a lot of ways, Airdrops in this context almost become a different form of advertising

where instead of paying a third-party advertiser, you're giving the money that you would

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