Nearly a billion dollars in token unlocks are set to hit crypto markets in August, according to the latest numbers. Citing data from TokenUnlocks, blockchain reporter Colin Wu reports that over $900 million in unlocks are ready to be released next month. Some of the largest unlocks include those from decentralized exchange (DEX) dYdX, layer-one […]
The post Over $900,000,000 in Altcoin Token Unlocks to Hit Crypto Markets in August: Report appeared first on The Daily Hodl.
Worldcoin, the biometric, iris-based ID and universal basic income (UBI) project, has been sanctioned with fines for over $200,000 in the Buenos Aires province. The fines answer to several violations of the National Consumer Defense Law, such as the inclusion of abusive clauses in its terms of service agreement. Also, authorities of Buenos Aires concluded […]
A widely followed crypto trader and analyst is warning that one top-100 altcoin could suddenly collapse and lose all of its value. In a new strategy session, pseudonymous crypto analyst Altcoin Sherpa tells his 217,900 followers on the social media platform X that Sam Altman’s “proof-of-person” project Worldcoin (WLD) is at risk of sinking to […]
The post Crypto Trader Says Top-100 Altcoin Primed to Nosedive, Updates Outlook on Bitcoin and Pepe appeared first on The Daily Hodl.
Artificial intelligence (AI)-based privacy project Worldcoin (WLD) is seeing a huge jump in price after the lock-up period for investors extends. In a new blog post, the developers behind the altcoin say that early investors and team members will have to wait two years longer to have their locked tokens allocated to them. “Starting July […]
The post Worldcoin Jumps by Over 25% in Hours As Lock-Up Period for WLD Investors Extended appeared first on The Daily Hodl.
Worldcoin faces allegations of price manipulation after delaying unlocking 80% of its native tokens.
The eyeball-scanning human identification project Worldcoin faces allegations of price manipulation and scam a day after the project delayed unlocking 80% of its native token.
On July 16, Worldcoin developer Tools for Humanity (TFH) announced changes to its native token unlock schedule. The organization extended the unlock schedule for 80% of Worldcoin (WLD) tokens held by its investors and team members.
The tokens were initially set to be unlocked over three years. However, the new update pushes the unlock to over five years, beginning on July 24. With this, WLD tokens will be unlocked progressively in the next four years, concluding in July 2028.
Crypto analytics firm IntoTheBlock is warning that large token unlocks in the future may hamper the performance of several altcoins. IntoTheBlock notes that nearly $25 million worth of Bitcoin (BTC) is “unlocked” or mined each day – an amount that is easily absorbed by the crypto king’s large and liquid market. On the other hand, […]
The post Price Growth of Worldcoin and Two Other Crypto Projects May Stall Due to Significant Token Unlocks: IntoTheBlock appeared first on The Daily Hodl.
Worldcoin, the biometric ID and UBI project, has announced the launch of the developer preview of World Chain, a new blockchain that will allow it to scale beyond the numbers currently achieved. This developer preview will serve as a platform for developers to reach 10 million users across 160 countries, starting to build apps before […]
Worldcoin revealed a partnership with Alchemy to build out infrastructure for its blockchain World Chain, which is also the new home for its World ID and World App.
Worldcoin, the iris-scanning biometric digital identity project, and the Web3 development platform Alchemy revealed a new partnership to build out the infrastructure for the World Chain ecosystem.
On June 26, Worldcoin announced that its collaboration with Alchemy will give World Chain developers immediate access to its complete and comprehensive Web3 developer platform.
This includes both core and data APIs, indexing solutions and a suite of other tools needed by developers to power their apps.
Kenyan police have reportedly closed their investigation of Worldcoin, allowing the latter to resume its activities in the East African nation. The chief legal officer at Tools for Humanity confirmed that Worldcoin would soon resume registering Kenyan users. Tools for Humanity Praises ‘Fair’ Investigation The Kenyan police have reportedly concluded their investigation into Worldcoin, which […]
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay unveiled a bitcoin mining-centric strategy, Itau Unibanco rolled out crypto trading services for all its customers, and Worldcoin decided to establish a hub in Argentina. Paraguayan Minister Unveils Future Economic Strategy Centered […]