Binance Square
Worldcoin
7.6M views
3,308 Posts
Hot
Latest
LIVE
LIVE
Obert Magona
--
Worldcoin: A Comprehensive OverviewHistory of Worldcoin Worldcoin was launched in 2021 by Tools for Humanity, co-founded by Sam Altman. The project aimed to create a globally accessible currency through a unique distribution method involving biometric verification1. Despite being relatively new, Worldcoin quickly gained traction and became a prominent player in the cryptocurrency space. Over time, it has evolved to meet the changing needs of its users, undergoing several upgrades to enhance scalability, security, and functionality1. Current Trends Community Engagement One of the standout features of Worldcoin is its focus on community engagement and inclusivity. The Worldcoin community actively participates in the platform’s development and governance, ensuring that all stakeholders’ interests are considered1. This collaborative approach fosters a sense of ownership and distinguishes Worldcoin from other cryptocurrencies. Technological Advancements Worldcoin operates on a blockchain, a distributed ledger that records all transactions transparently and securely. It uses a proof-of-stake consensus algorithm, which rewards users who hold and validate coins, making it more energy-efficient than the traditional proof-of-work system1. These technological advancements have positioned Worldcoin as a forward-thinking and reliable cryptocurrency. Market Performance Worldcoin has shown significant growth in its market performance. It has been listed on major cryptocurrency exchanges and has seen a steady increase in its user base and transaction volume1. The coin’s price has also experienced fluctuations, reflecting the overall volatility of the cryptocurrency market. Future Trends Increased Adoption As Worldcoin continues to develop and improve its technology, it is expected to see increased adoption across various sectors. The focus on accessibility and security makes it an attractive option for both individual users and businesses looking for a reliable digital currency1. Regulatory Developments The regulatory landscape for cryptocurrencies is continually evolving. Worldcoin is likely to be affected by these changes, and its ability to adapt to new regulations will be crucial for its future success1. Staying compliant with global standards will help Worldcoin maintain its reputation and foster trust among its users. Technological Innovations Worldcoin is expected to continue innovating in the blockchain space. Future upgrades may include enhancements to its scalability, security, and user experience1. These innovations will help Worldcoin stay competitive and meet the growing demands of the cryptocurrency market. Impact on the Crypto Market Market Dynamics Worldcoin has had a significant impact on the dynamics of the cryptocurrency market. Its unique approach to community engagement and technological advancements has set a new standard for other cryptocurrencies to follow1. This has led to increased competition and innovation within the market. Financial Inclusion One of the primary goals of Worldcoin is to promote financial inclusion. By making digital currency accessible to a broader audience, Worldcoin is helping to bridge the gap between traditional financial systems and the unbanked population1. This has the potential to transform the global financial landscape and create new opportunities for economic growth. Investment Opportunities Worldcoin has also created new investment opportunities within the cryptocurrency market. Its strong performance and potential for future growth have attracted both individual and institutional investors1. As Worldcoin continues to evolve, it is likely to remain an attractive investment option for those looking to diversify their portfolios. Conclusion Worldcoin has made significant strides since its launch in 2021. Its focus on community engagement, technological advancements, and financial inclusion has set it apart from other cryptocurrencies. As it continues to grow and adapt to the changing landscape, Worldcoin is poised to have a lasting impact on the cryptocurrency market. #Worldcoin #Cryptocurrency #CryptoTrends #FutureOfFinance

Worldcoin: A Comprehensive Overview

History of Worldcoin
Worldcoin was launched in 2021 by Tools for Humanity, co-founded by Sam Altman. The project aimed to create a globally accessible currency through a unique distribution method involving biometric verification1. Despite being relatively new, Worldcoin quickly gained traction and became a prominent player in the cryptocurrency space. Over time, it has evolved to meet the changing needs of its users, undergoing several upgrades to enhance scalability, security, and functionality1.
Current Trends

Community Engagement
One of the standout features of Worldcoin is its focus on community engagement and inclusivity. The Worldcoin community actively participates in the platform’s development and governance, ensuring that all stakeholders’ interests are considered1. This collaborative approach fosters a sense of ownership and distinguishes Worldcoin from other cryptocurrencies.
Technological Advancements
Worldcoin operates on a blockchain, a distributed ledger that records all transactions transparently and securely. It uses a proof-of-stake consensus algorithm, which rewards users who hold and validate coins, making it more energy-efficient than the traditional proof-of-work system1. These technological advancements have positioned Worldcoin as a forward-thinking and reliable cryptocurrency.
Market Performance
Worldcoin has shown significant growth in its market performance. It has been listed on major cryptocurrency exchanges and has seen a steady increase in its user base and transaction volume1. The coin’s price has also experienced fluctuations, reflecting the overall volatility of the cryptocurrency market.
Future Trends

Increased Adoption
As Worldcoin continues to develop and improve its technology, it is expected to see increased adoption across various sectors. The focus on accessibility and security makes it an attractive option for both individual users and businesses looking for a reliable digital currency1.
Regulatory Developments
The regulatory landscape for cryptocurrencies is continually evolving. Worldcoin is likely to be affected by these changes, and its ability to adapt to new regulations will be crucial for its future success1. Staying compliant with global standards will help Worldcoin maintain its reputation and foster trust among its users.
Technological Innovations
Worldcoin is expected to continue innovating in the blockchain space. Future upgrades may include enhancements to its scalability, security, and user experience1. These innovations will help Worldcoin stay competitive and meet the growing demands of the cryptocurrency market.
Impact on the Crypto Market

Market Dynamics
Worldcoin has had a significant impact on the dynamics of the cryptocurrency market. Its unique approach to community engagement and technological advancements has set a new standard for other cryptocurrencies to follow1. This has led to increased competition and innovation within the market.
Financial Inclusion
One of the primary goals of Worldcoin is to promote financial inclusion. By making digital currency accessible to a broader audience, Worldcoin is helping to bridge the gap between traditional financial systems and the unbanked population1. This has the potential to transform the global financial landscape and create new opportunities for economic growth.
Investment Opportunities
Worldcoin has also created new investment opportunities within the cryptocurrency market. Its strong performance and potential for future growth have attracted both individual and institutional investors1. As Worldcoin continues to evolve, it is likely to remain an attractive investment option for those looking to diversify their portfolios.
Conclusion
Worldcoin has made significant strides since its launch in 2021. Its focus on community engagement, technological advancements, and financial inclusion has set it apart from other cryptocurrencies. As it continues to grow and adapt to the changing landscape, Worldcoin is poised to have a lasting impact on the cryptocurrency market.
#Worldcoin #Cryptocurrency #CryptoTrends #FutureOfFinance
LIVE
--
Bullish
WLD: Is the Tide Turning for a Comeback? 🌊📈 Worldcoin (WLD) might be setting up for an interesting move! After months of steady decline, we’re seeing a bit of life creep back into the chart. Look at that! The price is hovering around $1.55, with a solid 2.71% uptick, and we've got some increased trading volume kicking in. 🚀 What makes this exciting is the slow and steady grind towards the 25-day moving average (around $1.43). If WLD can break and close above $1.64, there's a potential upside to test the $2.00 level, maybe even higher. However, let's not forget the massive downtrend that’s been holding it back for months. Failure to maintain momentum could mean another dip back to the $1.40 level or even lower. 😬 Increased volume will be key—if we see it keep climbing, this could finally be the breakout bulls have been waiting for. But tread carefully; Worldcoin is still dancing with its resistance levels. 💃 So, are we ready for a comeback, or are we in for more consolidation? Drop your thoughts below, and don’t forget to share and subscribe for more updates! 📱 #WLD #CryptoTrading #Altcoins #Worldcoin #BullishVibes
WLD: Is the Tide Turning for a Comeback? 🌊📈

Worldcoin (WLD) might be setting up for an interesting move! After months of steady decline, we’re seeing a bit of life creep back into the chart. Look at that! The price is hovering around $1.55, with a solid 2.71% uptick, and we've got some increased trading volume kicking in. 🚀

What makes this exciting is the slow and steady grind towards the 25-day moving average (around $1.43). If WLD can break and close above $1.64, there's a potential upside to test the $2.00 level, maybe even higher. However, let's not forget the massive downtrend that’s been holding it back for months. Failure to maintain momentum could mean another dip back to the $1.40 level or even lower. 😬

Increased volume will be key—if we see it keep climbing, this could finally be the breakout bulls have been waiting for. But tread carefully; Worldcoin is still dancing with its resistance levels. 💃

So, are we ready for a comeback, or are we in for more consolidation? Drop your thoughts below, and don’t forget to share and subscribe for more updates! 📱

#WLD #CryptoTrading #Altcoins #Worldcoin #BullishVibes
Worldcoin integrates World ID with Solana through Wormhole bridge #Worldcoin has introduced integration of its World ID with the #Solana blockchain using a new cross-chain protocol from the #Wormhole Foundation. Announced on September 13, the bridge facilitates the use of World ID, which is based on the World Chain #Ethereum layer, for authentication in Solana's decentralized applications.
Worldcoin integrates World ID with Solana through Wormhole bridge

#Worldcoin has introduced integration of its World ID with the #Solana blockchain using a new cross-chain protocol from the #Wormhole Foundation. Announced on September 13, the bridge facilitates the use of World ID, which is based on the World Chain #Ethereum layer, for authentication in Solana's decentralized applications.
Worldcoin’s Bright Future: Why It Could Surge in 2025 As we move closer to 2025, Worldcoin stands out as a project with enormous potential. Focused on creating a decentralized identity system, Worldcoin has been making waves with its unique approach to digital identity verification and global financial inclusion. This innovative vision is what sets it apart in the crowded crypto space, positioning it as a project that could see significant growth in the coming years. Here’s why Worldcoin could surge by 2025 and become one of the most promising investments in the blockchain space. Revolutionizing Digital Identity Worldcoin's key innovation lies in its focus on decentralized identity. The project aims to create a global identity protocol that offers a secure and privacy-preserving way for individuals to verify their identity online. This is done using a biometric device known as the Orb, which scans a person’s iris to generate a unique identifier. As the world becomes increasingly digital, the need for reliable and decentralized identity solutions is growing. Worldcoin’s approach to using biometric data while ensuring privacy gives it a competitive edge. If the project successfully achieves widespread adoption, Worldcoin could become the go-to protocol for decentralized identity verification, making it a core component of Web3 infrastructure. Global Financial Inclusion One of the most compelling aspects of Worldcoin is its mission to drive global financial inclusion. The project aims to bring cryptocurrency to the masses by offering everyone, regardless of their location or financial status, a chance to own a piece of the network. Worldcoin’s plan to distribute tokens for free to every individual who verifies their identity through the Orb could onboard millions of users into the crypto ecosystem. By expanding access to digital currencies, particularly in underserved regions, Worldcoin has the potential to become a leader in the mass adoption of crypto. With a strong focus on inclusivity and access, the project could position itself as a cornerstone in the world’s decentralized economy. Backed by Major Investors and Visionary Leadership Another reason Worldcoin could see a significant surge by 2025 is the strong backing from prominent investors. The project has attracted interest from some of the biggest names in tech and crypto, including Sam Altman, co-founder of OpenAI. These high-profile endorsements give Worldcoin credibility and the financial backing needed to scale rapidly. The leadership behind Worldcoin is also a major asset. With a visionary team that understands both the technical and societal challenges of building a decentralized global network, Worldcoin is well-positioned to navigate the complexities of mass adoption. This combination of strong leadership and institutional support makes Worldcoin a project to watch in the coming years. Potential for Integration with Web3 and DeFi Worldcoin’s infrastructure is not just about identity—it also has the potential to become a foundational element in the broader Web3 ecosystem. By enabling decentralized identity verification, Worldcoin could seamlessly integrate with DeFi, NFTs, and other blockchain-based services. For example, users could use their Worldcoin ID to access DeFi protocols or verify ownership of digital assets without needing to rely on centralized intermediaries. As Web3 continues to evolve, having a trusted and secure identity layer will be crucial. Worldcoin’s ability to fill this gap could significantly boost its value and adoption. Its potential to integrate across multiple platforms and protocols will be a driving force behind its growth. Scarcity and Tokenomics Another key factor that could drive Worldcoin’s price upward is its tokenomics. With a fixed supply and tokens distributed gradually over time, the scarcity of Worldcoin tokens could lead to increased demand. As more people verify their identities and join the Worldcoin network, the circulating supply will be capped, which could create upward pressure on the token price. Moreover, the fact that Worldcoin aims to distribute tokens to individuals around the world for free is a bold strategy that could lead to massive global adoption. Once distributed, these tokens will not only have intrinsic value as part of the network but also act as a gateway to financial inclusion for millions of users. Long-Term Growth Potential Looking toward 2025, Worldcoin has the potential to be much more than just another crypto project. If it successfully scales its decentralized identity platform and continues to grow its user base, it could become a key player in both the crypto and global tech industries. With the rising importance of digital identity and the need for global financial inclusion, Worldcoin is well-positioned to meet these demands. As the project continues to develop, we could see Worldcoin emerge as a key infrastructure layer for Web3 applications and a driving force behind the next wave of crypto adoption. Its focus on solving real-world problems with innovative technology gives it a strong foundation for long-term success. Conclusion Worldcoin’s ambitious vision of creating a decentralized global identity network, combined with its mission to promote financial inclusion, makes it one of the most exciting projects to watch. Backed by major investors and with a clear focus on scalability, Worldcoin is poised to become a significant player in the blockchain space by 2025. For investors looking for a project with both innovative technology and real-world utility, Worldcoin offers a unique opportunity. As we approach 2025, the potential for growth and adoption is high, making Worldcoin a strong contender in the crypto market. 💬 Do you think Worldcoin has what it takes to surge by 2025? Share your opinions and strategies in the comments below! Don’t forget to follow me for more updates on emerging crypto projects and investment tips. #Worldcoin #Web3 #DeFi #Crypto #Investing

Worldcoin’s Bright Future: Why It Could Surge in 2025

As we move closer to 2025, Worldcoin stands out as a project with enormous potential. Focused on creating a decentralized identity system, Worldcoin has been making waves with its unique approach to digital identity verification and global financial inclusion. This innovative vision is what sets it apart in the crowded crypto space, positioning it as a project that could see significant growth in the coming years.
Here’s why Worldcoin could surge by 2025 and become one of the most promising investments in the blockchain space.
Revolutionizing Digital Identity
Worldcoin's key innovation lies in its focus on decentralized identity. The project aims to create a global identity protocol that offers a secure and privacy-preserving way for individuals to verify their identity online. This is done using a biometric device known as the Orb, which scans a person’s iris to generate a unique identifier.
As the world becomes increasingly digital, the need for reliable and decentralized identity solutions is growing. Worldcoin’s approach to using biometric data while ensuring privacy gives it a competitive edge. If the project successfully achieves widespread adoption, Worldcoin could become the go-to protocol for decentralized identity verification, making it a core component of Web3 infrastructure.
Global Financial Inclusion
One of the most compelling aspects of Worldcoin is its mission to drive global financial inclusion. The project aims to bring cryptocurrency to the masses by offering everyone, regardless of their location or financial status, a chance to own a piece of the network. Worldcoin’s plan to distribute tokens for free to every individual who verifies their identity through the Orb could onboard millions of users into the crypto ecosystem.
By expanding access to digital currencies, particularly in underserved regions, Worldcoin has the potential to become a leader in the mass adoption of crypto. With a strong focus on inclusivity and access, the project could position itself as a cornerstone in the world’s decentralized economy.
Backed by Major Investors and Visionary Leadership
Another reason Worldcoin could see a significant surge by 2025 is the strong backing from prominent investors. The project has attracted interest from some of the biggest names in tech and crypto, including Sam Altman, co-founder of OpenAI. These high-profile endorsements give Worldcoin credibility and the financial backing needed to scale rapidly.
The leadership behind Worldcoin is also a major asset. With a visionary team that understands both the technical and societal challenges of building a decentralized global network, Worldcoin is well-positioned to navigate the complexities of mass adoption. This combination of strong leadership and institutional support makes Worldcoin a project to watch in the coming years.
Potential for Integration with Web3 and DeFi
Worldcoin’s infrastructure is not just about identity—it also has the potential to become a foundational element in the broader Web3 ecosystem. By enabling decentralized identity verification, Worldcoin could seamlessly integrate with DeFi, NFTs, and other blockchain-based services. For example, users could use their Worldcoin ID to access DeFi protocols or verify ownership of digital assets without needing to rely on centralized intermediaries.
As Web3 continues to evolve, having a trusted and secure identity layer will be crucial. Worldcoin’s ability to fill this gap could significantly boost its value and adoption. Its potential to integrate across multiple platforms and protocols will be a driving force behind its growth.
Scarcity and Tokenomics
Another key factor that could drive Worldcoin’s price upward is its tokenomics. With a fixed supply and tokens distributed gradually over time, the scarcity of Worldcoin tokens could lead to increased demand. As more people verify their identities and join the Worldcoin network, the circulating supply will be capped, which could create upward pressure on the token price.
Moreover, the fact that Worldcoin aims to distribute tokens to individuals around the world for free is a bold strategy that could lead to massive global adoption. Once distributed, these tokens will not only have intrinsic value as part of the network but also act as a gateway to financial inclusion for millions of users.
Long-Term Growth Potential
Looking toward 2025, Worldcoin has the potential to be much more than just another crypto project. If it successfully scales its decentralized identity platform and continues to grow its user base, it could become a key player in both the crypto and global tech industries. With the rising importance of digital identity and the need for global financial inclusion, Worldcoin is well-positioned to meet these demands.
As the project continues to develop, we could see Worldcoin emerge as a key infrastructure layer for Web3 applications and a driving force behind the next wave of crypto adoption. Its focus on solving real-world problems with innovative technology gives it a strong foundation for long-term success.
Conclusion
Worldcoin’s ambitious vision of creating a decentralized global identity network, combined with its mission to promote financial inclusion, makes it one of the most exciting projects to watch. Backed by major investors and with a clear focus on scalability, Worldcoin is poised to become a significant player in the blockchain space by 2025.
For investors looking for a project with both innovative technology and real-world utility, Worldcoin offers a unique opportunity. As we approach 2025, the potential for growth and adoption is high, making Worldcoin a strong contender in the crypto market.
💬 Do you think Worldcoin has what it takes to surge by 2025? Share your opinions and strategies in the comments below!
Don’t forget to follow me for more updates on emerging crypto projects and investment tips.
#Worldcoin #Web3 #DeFi #Crypto #Investing
Worldcoin Price Prediction as OpenAI Unveils o1 Model – Can WLD Reach $2?Worldcoin (WLD) saw a significant price surge following the release of OpenAI's new AI model, o1, which is capable of advanced reasoning. On September 12, WLD broke through strong resistance levels, spurred by the hype around this new AI development. With Worldcoin’s price reacting positively, can it capitalize on this momentum to reach $2? How OpenAI’s o1 Model Could Impact Worldcoin Price On September 12, OpenAI, the company behind ChatGPT, introduced a new line of AI models called o1, designed to spend more time "thinking" before generating responses. These models are expected to excel in solving complex problems in fields like quantum physics, coding, and advanced mathematics. The o1 model is rumored to be the highly anticipated “Project Strawberry” that OpenAI has been working on. Worldcoin’s price jumped sharply in response to this news, initially spiking by 16% within just a few hours before retracing and stabilizing with a 5% gain. During London’s trading session, WLD was trading around $1.49. Why Did Worldcoin’s Price Surge? The key reason behind this surge in WLD’s price is likely the connection between Sam Altman, co-founder of OpenAI and co-founder of Worldcoin. Worldcoin recently gained attention with a large-scale airdrop, helping onboard new users to the blockchain. Despite some criticisms surrounding its tokenomics, limited supply, and concerns over potential price manipulation, Worldcoin remains a popular topic within the crypto community. Worldcoin Price Prediction: A 34% Gain Possible? Worldcoin has been struggling to break above $1.50, a level that has been tested multiple times since late August. On September 12, the price finally surpassed this barrier, completing a cup-and-handle chart pattern—typically a bullish indicator. However, resistance at $1.60, which aligns with the 200-day exponential moving average (EMA), caused the price to retrace slightly. If WLD successfully retests the $1.50 support, it could confirm a bullish continuation. This momentum could push Worldcoin up by 34%, reaching the $2 mark. Should buying pressure remain strong, WLD could even break through the psychological barrier of $2 and target the next major resistance level around $3.20. Downside Risk: Could Worldcoin Drop? On the flip side, if Worldcoin fails to hold above the $1.50 support level, it could signal market weakness. In this case, WLD might face a bearish trend, with its price potentially dropping to $1.35 or $1.25. Conclusion The recent launch of OpenAI’s o1 model has positively impacted Worldcoin’s price, with the potential for further gains if key support levels hold. If momentum continues, WLD could break the $2 barrier. However, if support fails, Worldcoin might face a downside correction. Investors should watch the $1.50 level closely for future price action. $WLD #WLD #Worldcoin #OpenAI {spot}(WLDUSDT) Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Worldcoin Price Prediction as OpenAI Unveils o1 Model – Can WLD Reach $2?

Worldcoin (WLD) saw a significant price surge following the release of OpenAI's new AI model, o1, which is capable of advanced reasoning. On September 12, WLD broke through strong resistance levels, spurred by the hype around this new AI development. With Worldcoin’s price reacting positively, can it capitalize on this momentum to reach $2?
How OpenAI’s o1 Model Could Impact Worldcoin Price
On September 12, OpenAI, the company behind ChatGPT, introduced a new line of AI models called o1, designed to spend more time "thinking" before generating responses. These models are expected to excel in solving complex problems in fields like quantum physics, coding, and advanced mathematics. The o1 model is rumored to be the highly anticipated “Project Strawberry” that OpenAI has been working on.
Worldcoin’s price jumped sharply in response to this news, initially spiking by 16% within just a few hours before retracing and stabilizing with a 5% gain. During London’s trading session, WLD was trading around $1.49.
Why Did Worldcoin’s Price Surge?
The key reason behind this surge in WLD’s price is likely the connection between Sam Altman, co-founder of OpenAI and co-founder of Worldcoin. Worldcoin recently gained attention with a large-scale airdrop, helping onboard new users to the blockchain. Despite some criticisms surrounding its tokenomics, limited supply, and concerns over potential price manipulation, Worldcoin remains a popular topic within the crypto community.
Worldcoin Price Prediction: A 34% Gain Possible?
Worldcoin has been struggling to break above $1.50, a level that has been tested multiple times since late August. On September 12, the price finally surpassed this barrier, completing a cup-and-handle chart pattern—typically a bullish indicator. However, resistance at $1.60, which aligns with the 200-day exponential moving average (EMA), caused the price to retrace slightly.
If WLD successfully retests the $1.50 support, it could confirm a bullish continuation. This momentum could push Worldcoin up by 34%, reaching the $2 mark. Should buying pressure remain strong, WLD could even break through the psychological barrier of $2 and target the next major resistance level around $3.20.
Downside Risk: Could Worldcoin Drop?
On the flip side, if Worldcoin fails to hold above the $1.50 support level, it could signal market weakness. In this case, WLD might face a bearish trend, with its price potentially dropping to $1.35 or $1.25.
Conclusion
The recent launch of OpenAI’s o1 model has positively impacted Worldcoin’s price, with the potential for further gains if key support levels hold. If momentum continues, WLD could break the $2 barrier. However, if support fails, Worldcoin might face a downside correction. Investors should watch the $1.50 level closely for future price action.
$WLD #WLD #Worldcoin #OpenAI

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
The Average Directional Index (ADX) for #Worldcoin ( $WLD ) is currently around 44-55, indicating strong bullish momentum. This suggests that while there is a solid upward trend, the rally may be nearing its peak intensity.
The Average Directional Index (ADX) for #Worldcoin ( $WLD ) is currently around 44-55, indicating strong bullish momentum. This suggests that while there is a solid upward trend, the rally may be nearing its peak intensity.
LIVE
--
Bearish
Alameda Research recently deposited 143,770 WLD ($200K) to Binance around 19 hours ago. 🔗 Wallet: 0xf02e86d9e0efd57ad034faf52201b79917fe0713 Since August 9, 2024, Alameda has transferred 985,852 WLD ($1.54M) in six small batches to Binance at an average price of $1.56, likely to settle debts with creditors. đŸ’Œ Alameda Research still holds 24.01M WLD ($33.38M) in this wallet. 📉 Meanwhile, the Monetary Authority of Singapore (MAS) is investigating seven individuals for offering unlicensed Worldcoin services, possibly linked to money laundering or terrorism financing. The Worldcoin Foundation has denied any connection to these individuals and reaffirmed compliance with Singaporean and global laws, which has helped stabilize WLD's price. #Worldcoin #WLD #wld $WLD {spot}(WLDUSDT) {future}(WLDUSDT)
Alameda Research recently deposited 143,770 WLD ($200K) to Binance around 19 hours ago.

🔗 Wallet: 0xf02e86d9e0efd57ad034faf52201b79917fe0713

Since August 9, 2024, Alameda has transferred 985,852 WLD ($1.54M) in six small batches to Binance at an average price of $1.56, likely to settle debts with creditors.

đŸ’Œ Alameda Research still holds 24.01M WLD ($33.38M) in this wallet.

📉 Meanwhile, the Monetary Authority of Singapore (MAS) is investigating seven individuals for offering unlicensed Worldcoin services, possibly linked to money laundering or terrorism financing.
The Worldcoin Foundation has denied any connection to these individuals and reaffirmed compliance with Singaporean and global laws, which has helped stabilize WLD's price.

#Worldcoin #WLD #wld $WLD
Worldcoin Faces Singapore Probe Over Illicit Account SalesSingapore’s Deputy Prime Minister and chair of the Monetary Authority of Singapore (MAS), Gan Kim Yong, announced an investigation into seven individuals on suspicions of illicit trade in Worldcoin accounts and tokens. The announcement came on September 9, stating that the individuals are suspected of buying and selling these accounts and tokens, actions that could violate the Payment Services Act of 2019. Worldcoin Faces Singapore Probe Yong emphasized that the MAS does not consider Worldcoin a certified payment service according to the provisions of the PS Act. He further explained that trading WLD accounts and tokens could potentially qualify as operating a payment service, which might be unlawful and could facilitate crimes such as money laundering and terrorism financing. Yong also issued a warning to consumers, advising them to be vigilant about offers that could lead to the unauthorized use of their digital payment token wallets or World IDs, as these could be exploited by others. He strongly cautioned against transferring access to these accounts. The scrutiny of Worldcoin in Singapore is part of a series of global legal challenges the company faces. In the last year, regulatory bodies in countries such as Kenya, South Korea, and Germany have initiated investigations into the coin’s use of iris biometric data, concerned with possible violations of local data privacy laws. Striving for Transparency and Expansion Despite Regulatory Hurdles Despite these challenges, the coin maintains that it complies with both local and international regulations. The company has taken steps to enhance transparency and protect user data by making key elements of its technology open-source. Worldcoin co-founder Alex Blania has set ambitious goals for the platform, aiming to expand its reach to a level comparable to Facebook, which he believes will enhance its utility. According to the project’s website, the AI cryptocurrency has already amassed over 6 million registered users across more than 160 countries. The value of WLD price has seen a recent uptick, rising over 4% in the last 24 hours, with its trading price standing at $1.66 at the latest update. Introducing ‘Personal Custody’ and ‘Unverify World ID’ Option Before Singapore’s scrutiny, the coin has rolled out new privacy features in response to increased regulatory scrutiny, aiming to enhance user empowerment and network integrity. At the heart of these updates is the introduction of “Personal Custody” and a new “Unverify World ID” option. Utilizing state-of-the-art Zero-Knowledge Proofs (ZKPs), this innovative feature allows for transaction verification without exposing sensitive information such as transaction amounts or participant identities. The integration of ZKPs guarantees secure and private transactions, protecting users’ financial privacy against external observation. Additionally, World ID holders now have the option to permanently erase their iris code, which deactivates their World ID. This deletion initiates a mandatory six-month “cool-off” period designed to reduce fraud risks. After this period, the user’s iris code is irreversibly removed, enhancing privacy protections further. Worldcoin has also implemented on-site age verification to ensure that only individuals aged 18 and above can access the platform. These robust privacy enhancements not only signify a major development for the cryptocurrency but also reflect its commitment to prioritizing user-centric innovation. ⚠Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #Worldcoin #WLD

Worldcoin Faces Singapore Probe Over Illicit Account Sales

Singapore’s Deputy Prime Minister and chair of the Monetary Authority of Singapore (MAS), Gan Kim Yong, announced an investigation into seven individuals on suspicions of illicit trade in Worldcoin accounts and tokens.
The announcement came on September 9, stating that the individuals are suspected of buying and selling these accounts and tokens, actions that could violate the Payment Services Act of 2019.
Worldcoin Faces Singapore Probe
Yong emphasized that the MAS does not consider Worldcoin a certified payment service according to the provisions of the PS Act. He further explained that trading WLD accounts and tokens could potentially qualify as operating a payment service, which might be unlawful and could facilitate crimes such as money laundering and terrorism financing.
Yong also issued a warning to consumers, advising them to be vigilant about offers that could lead to the unauthorized use of their digital payment token wallets or World IDs, as these could be exploited by others. He strongly cautioned against transferring access to these accounts.
The scrutiny of Worldcoin in Singapore is part of a series of global legal challenges the company faces. In the last year, regulatory bodies in countries such as Kenya, South Korea, and Germany have initiated investigations into the coin’s use of iris biometric data, concerned with possible violations of local data privacy laws.
Striving for Transparency and Expansion Despite Regulatory Hurdles
Despite these challenges, the coin maintains that it complies with both local and international regulations. The company has taken steps to enhance transparency and protect user data by making key elements of its technology open-source.
Worldcoin co-founder Alex Blania has set ambitious goals for the platform, aiming to expand its reach to a level comparable to Facebook, which he believes will enhance its utility. According to the project’s website, the AI cryptocurrency has already amassed over 6 million registered users across more than 160 countries.
The value of WLD price has seen a recent uptick, rising over 4% in the last 24 hours, with its trading price standing at $1.66 at the latest update.
Introducing ‘Personal Custody’ and ‘Unverify World ID’ Option
Before Singapore’s scrutiny, the coin has rolled out new privacy features in response to increased regulatory scrutiny, aiming to enhance user empowerment and network integrity. At the heart of these updates is the introduction of “Personal Custody” and a new “Unverify World ID” option. Utilizing state-of-the-art Zero-Knowledge Proofs (ZKPs), this innovative feature allows for transaction verification without exposing sensitive information such as transaction amounts or participant identities. The integration of ZKPs guarantees secure and private transactions, protecting users’ financial privacy against external observation.
Additionally, World ID holders now have the option to permanently erase their iris code, which deactivates their World ID. This deletion initiates a mandatory six-month “cool-off” period designed to reduce fraud risks. After this period, the user’s iris code is irreversibly removed, enhancing privacy protections further. Worldcoin has also implemented on-site age verification to ensure that only individuals aged 18 and above can access the platform. These robust privacy enhancements not only signify a major development for the cryptocurrency but also reflect its commitment to prioritizing user-centric innovation.
⚠Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Worldcoin #WLD
Worldcoin Under Investigation in Singapore for Alleged Illicit Account SalesSingapore’s Deputy Prime Minister and Chairman of the Monetary Authority of Singapore (MAS), Gan Kim Yong, has announced an investigation into several individuals suspected of engaging in illegal activities involving Worldcoin accounts. The investigation, launched on September 9, targets seven individuals who are believed to have participated in the unauthorized buying and selling of Worldcoin accounts and tokens. These actions may potentially breach the Payment Services Act (PSA) of 2019. Worldcoin Probe in Singapore Gan Kim Yong emphasized that Worldcoin is not recognized as a certified payment service under the PSA. He warned that trading Worldcoin accounts and tokens could be classified as operating a payment service, an act that may be unlawful. This activity raises concerns about the potential for facilitating financial crimes such as money laundering and terrorism financing. In his statement, Yong also advised consumers to exercise caution when encountering offers that may lead to the misuse of their digital payment token wallets or World IDs. He stressed the risks associated with transferring access to these accounts, which could result in unauthorized exploitation by third parties. This investigation is part of a broader pattern of regulatory scrutiny Worldcoin faces globally. Over the past year, regulatory bodies in Kenya, South Korea, and Germany have raised concerns about the company’s collection of iris biometric data, citing potential violations of local data protection laws. Worldcoin’s Transparency Efforts and Expansion Amid Regulatory Challenges Despite facing regulatory hurdles, Worldcoin asserts its compliance with both local and international laws. The company has taken measures to increase transparency and safeguard user data by making key elements of its technology open-source. Alex Blania, co-founder of Worldcoin, has ambitious plans for the platform, aiming for growth on par with major social networks like Facebook. The project’s website highlights its rapid expansion, with over 6 million registered users across 160 countries. Recently, the value of Worldcoin (WLD) has experienced a rise, with a 4% increase in the last 24 hours, bringing its trading price to $1.66 at the latest update. New Privacy Features: 'Personal Custody' and 'Unverify World ID' In response to growing regulatory scrutiny, Worldcoin has introduced new privacy features aimed at bolstering user control and enhancing the platform’s integrity. Key among these updates are the "Personal Custody" feature and the "Unverify World ID" option, both of which rely on advanced Zero-Knowledge Proof (ZKP) technology. This innovative approach allows for secure transaction verification without revealing sensitive details like transaction amounts or the identities of those involved. Additionally, World ID holders now have the ability to permanently delete their iris code, effectively deactivating their World ID. This action triggers a mandatory six-month “cool-off” period to mitigate fraud risks. Once this period concludes, the iris code is permanently erased, further strengthening user privacy. Worldcoin has also implemented on-site age verification to ensure that only users aged 18 and above can participate in the platform. These new privacy measures represent a significant step forward for the cryptocurrency, demonstrating its commitment to prioritizing user privacy and security amidst growing regulatory scrutiny. $WLD #Worldcoin {spot}(WLDUSDT) Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Worldcoin Under Investigation in Singapore for Alleged Illicit Account Sales

Singapore’s Deputy Prime Minister and Chairman of the Monetary Authority of Singapore (MAS), Gan Kim Yong, has announced an investigation into several individuals suspected of engaging in illegal activities involving Worldcoin accounts. The investigation, launched on September 9, targets seven individuals who are believed to have participated in the unauthorized buying and selling of Worldcoin accounts and tokens. These actions may potentially breach the Payment Services Act (PSA) of 2019.
Worldcoin Probe in Singapore
Gan Kim Yong emphasized that Worldcoin is not recognized as a certified payment service under the PSA. He warned that trading Worldcoin accounts and tokens could be classified as operating a payment service, an act that may be unlawful. This activity raises concerns about the potential for facilitating financial crimes such as money laundering and terrorism financing.
In his statement, Yong also advised consumers to exercise caution when encountering offers that may lead to the misuse of their digital payment token wallets or World IDs. He stressed the risks associated with transferring access to these accounts, which could result in unauthorized exploitation by third parties.
This investigation is part of a broader pattern of regulatory scrutiny Worldcoin faces globally. Over the past year, regulatory bodies in Kenya, South Korea, and Germany have raised concerns about the company’s collection of iris biometric data, citing potential violations of local data protection laws.
Worldcoin’s Transparency Efforts and Expansion Amid Regulatory Challenges
Despite facing regulatory hurdles, Worldcoin asserts its compliance with both local and international laws. The company has taken measures to increase transparency and safeguard user data by making key elements of its technology open-source.
Alex Blania, co-founder of Worldcoin, has ambitious plans for the platform, aiming for growth on par with major social networks like Facebook. The project’s website highlights its rapid expansion, with over 6 million registered users across 160 countries.
Recently, the value of Worldcoin (WLD) has experienced a rise, with a 4% increase in the last 24 hours, bringing its trading price to $1.66 at the latest update.
New Privacy Features: 'Personal Custody' and 'Unverify World ID'
In response to growing regulatory scrutiny, Worldcoin has introduced new privacy features aimed at bolstering user control and enhancing the platform’s integrity. Key among these updates are the "Personal Custody" feature and the "Unverify World ID" option, both of which rely on advanced Zero-Knowledge Proof (ZKP) technology. This innovative approach allows for secure transaction verification without revealing sensitive details like transaction amounts or the identities of those involved.
Additionally, World ID holders now have the ability to permanently delete their iris code, effectively deactivating their World ID. This action triggers a mandatory six-month “cool-off” period to mitigate fraud risks. Once this period concludes, the iris code is permanently erased, further strengthening user privacy.
Worldcoin has also implemented on-site age verification to ensure that only users aged 18 and above can participate in the platform. These new privacy measures represent a significant step forward for the cryptocurrency, demonstrating its commitment to prioritizing user privacy and security amidst growing regulatory scrutiny.
$WLD #Worldcoin

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
🚹 Worldcoin Under Investigation in Singapore! 🚹 Big moves are happening in the crypto space! Singapore’s police have launched an investigation into Worldcoin transactions involving seven individuals, with five arrests already made. đŸ•”ïžâ€â™‚ïž What's Happening? - Suspects allegedly recruited users to create Worldcoin accounts, exchanging control of tokens for cash. - Police seized over 200 mobile phones as part of the operation. - The case involves possible violations of the Payment Services Act 2019. Key Insight: While Worldcoin itself isn't classified as a payment service by Singapore’s Monetary Authority, transactions involving its accounts could fall under payment services. Stay informed and always trade with trusted platforms like Binance, where transparency and security come first. 🌐 #Worldcoin #CryptoRegulation #Binance #CryptoNews #StayInformed
🚹 Worldcoin Under Investigation in Singapore! 🚹

Big moves are happening in the crypto space! Singapore’s police have launched an investigation into Worldcoin transactions involving seven individuals, with five arrests already made. đŸ•”ïžâ€â™‚ïž

What's Happening?
- Suspects allegedly recruited users to create Worldcoin accounts, exchanging control of tokens for cash.
- Police seized over 200 mobile phones as part of the operation.
- The case involves possible violations of the Payment Services Act 2019.

Key Insight: While Worldcoin itself isn't classified as a payment service by Singapore’s Monetary Authority, transactions involving its accounts could fall under payment services.

Stay informed and always trade with trusted platforms like Binance, where transparency and security come first. 🌐

#Worldcoin #CryptoRegulation #Binance #CryptoNews #StayInformed
Singapore Police Raid #Worldcoin ! 🚹🇾🇬 Looks like the party's over for some $WLD hustlers in Singapore! đŸ‘źâ€â™‚ïž Five people have been arrested for allegedly buying and selling Worldcoin accounts and tokens without a license. 🙊 Singapore's Deputy Prime Minister 🇾🇬 even weighed in, saying that while #WLD itself might not be a payment service, trading its accounts and tokens could be illegal. đŸ€Ż Remember, folks: Always play by the rules when it comes to crypto. đŸ’Ș😎 DYOR! #Singapore #CryptoDrama
Singapore Police Raid #Worldcoin ! 🚹🇾🇬

Looks like the party's over for some $WLD hustlers in Singapore! đŸ‘źâ€â™‚ïž Five people have been arrested for allegedly buying and selling Worldcoin accounts and tokens without a license. 🙊

Singapore's Deputy Prime Minister 🇾🇬 even weighed in, saying that while #WLD itself might not be a payment service, trading its accounts and tokens could be illegal. đŸ€Ż

Remember, folks: Always play by the rules when it comes to crypto. đŸ’Ș😎 DYOR! #Singapore #CryptoDrama
LIVE
Binance News
--
Singapore Investigates Individuals Over Worldcoin Transactions
According to Odaily, Singapore's Deputy Prime Minister and Finance Minister, Lawrence Wong, revealed in a written response to Parliament that the Singapore police are investigating seven individuals suspected of providing Worldcoin account and token transaction services. The case involves potential violations of the Payment Services Act of 2019, with five individuals already arrested by the police.

Preliminary investigations indicate that three suspects allegedly recruited individuals on behalf of multiple entities to create Worldcoin accounts and exchanged control of these accounts and tokens for cash. The other two suspects are involved in the purchase and transfer management of related assets. During the operation, the police seized over 200 mobile phones as evidence.

Wong emphasized that the Monetary Authority of Singapore does not consider Worldcoin itself to be a payment service under the Payment Services Act. However, transactions involving its accounts and tokens may constitute payment services.
See original
Explore the latest crypto news
âšĄïž Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number