Worldcoin news

Multicoin Capital reportedly bought 60 million Worldcoin (WLD) tokens via an over‑the‑counter deal with the project’s team, sending 30 million USDC from a wallet linked to the firm. The move comes as WLD’s price has slid 21 % in the past month and new wallet activity has fallen sharply, indicating weaker retail demand. Despite the price dip, WLD traded around $0.50, up 2.6 % in the last 24 h amid a broader market rebound. The project faces growing regulatory scrutiny, with Thai authorities ordering a halt to iris‑based enrollment and the removal of biometric data, following earlier setbacks in Indonesia and Kenya.

BitMine Immersion Technologies (BMNR), the digital asset treasury company focused on Ethereum's ether (ETH) and helmed by Fundstrat's Tom Lee, said its crypto, cash and equity holdings hit $10.77 billion.

Worldcoin’s token, WLD, is trading around $1.77—well below its March 2024 peak of nearly $12—yet its market cap has surged to $3.58 billion, more than double the March high. The surge comes from a jump in circulating supply, which rose from 13 % to 20 % of the total token supply, now exceeding 2 billion units, as well as a $250 m corporate treasury injection by Eightco Holdings that drove the cap up in under a week. An accelerated unlock timetable that will put 10 billion WLD on the market by 2038 has amplified concerns about future dilution, after the project trimmed daily releases from 3.3 million to 2 million tokens last year. Even as liquidity grew, selling pressure intensified, with exchanges receiving a record 37.5 million WLD in early September. The WLD story underscores that market‑cap growth does not guarantee price stability, and investors should scrutinize supply dynamics before committing.

South Korea’s largest crypto exchange, Upbit, announced today that it will list Worldcoin (WLD), sparking a rally that has pushed the token above 20% higher than its opening levels. The listing will enable trades in Korean won, Bitcoin, and USDT, and the exchange will support multichain deposits and withdrawals across Ethereum, Optimism, and WLD’s native blockchain. Upbit’s historical impact on asset prices and its intent to undertake global expansion give WLD access to a large pool of new investors, bolstering confidence after recent regulatory setbacks. Critics still cite privacy concerns and bans in several jurisdictions, but the listing may help counter reputational damage and open the door to broader market penetration. Overall, the Upbit entry is a bullish catalyst for Worldcoin’s near‑term price trajectory and potential long‑term adoption.

Sam Altman-backed World project's token, WLD, rose over 80% in less than 48 hours after Eightco Holdings launched a $250 million digital asset treasury. The treasury's private placement, led by MOZAYYX, brought in institutional investors such as World Foundation, Kraken and Pantera, and issued shares to BitMine for $20 million. WLD's price spiked to $1.87, up more than 20% on the day, after the announcement, but Eightco's shares fell 18% that morning, despite a 3,000% jump earlier.

Three thousand percent rise in Eightco stock followed its announcement of a Worldcoin treasury plan aimed at a late‑September share sale to raise roughly $250 million. The private placement will issue 171.23 million shares at $1.46 each, while BitMine Immersion Technologies has agreed to buy 13.7 million of those shares for $20 million. Eightco plans to use the proceeds to purchase Worldcoin as a primary treasury reserve asset and may also acquire Ether, with a ticker change to ORBS to signal the shift. The surge reflects a broader trend of non‑crypto companies stockpiling digital currencies, raising concerns about market saturation and the financial health of such firms. The new ticker and the appointment of Dan Ives as chairman underscore the strategic pivot, and Worldcoin’s token has climbed 49.2 percent to $1.54 in response to Eightco’s announcement.

Eightco Holdings' shares surged after the company announced it would allocate its corporate treasury primarily to Worldcoin (WLD) tokens. A $250 million private placement to buy Worldcoin sent the stock from a low of $1.43 three days earlier to $45.08 at close, with an intraday peak of $83.12—over 5,000% gain. The Worldcoin token itself rallied 49% to $1.54, its highest price in seven months, as the biometric “Orb” verification network expands across U.S. cities. Eightco also received a $20 million investment from crypto miner BitMine, which holds about 2 million Ether, indicating a shift toward digital‑identity assets beyond mining. The firm will change its Nasdaq ticker from OCTO to ORBS on Sept. 11, 2025, underscoring its alignment with the identity‑driven ecosystem and testing whether such tokens can serve as institutional reserve assets.

Eightco Holdings surged over 5,000% on Monday after announcing a $250 million private placement to build a treasury of Worldcoin (WLD) tokens and secure a $20 million backing from crypto‑miner BitMine. Shares returned to their Friday close of $1.43 in pre‑market trading before closing at $45.08, with a peak above $83 earlier. The company will change its Nasdaq ticker to ORBS on September 11, 2025, as part of a shift toward a digital‑identity‑focused treasury. Worldcoin shares rose 49% to $1.54 that day, and BitMine’s acquisition of more than 2 million ETH—worth about $9 billion—was called a “moonshot” stake in the AI‑crypto intersection. Managing director Dan Ives said the strategy is a technology infrastructure play, not merely a speculative token, and that Eightco may also hold Ethereum or other crypto as a secondary reserve.

BitMine announced it has crossed 2 million ETH in its balance sheet, bringing its holdings to 2,069,443 ETH, 192 Bitcoin and $266 million in cash, for a total asset base exceeding $9.21 billion. The move makes it the world’s second‑largest corporate treasury by Ethereum position, behind Strategy Inc., which holds 636,505 BTC worth $71 billion. Chairman Tom Lee said the firm sees Ethereum as a cornerstone of a “supercycle” driven by Wall‑Street blockchain adoption and AI, and that BitMine’s target of 5 % of total ETH supply is now 40 % of that goal. The company’s growing on‑market profile is reflected in a $1.7 billion average daily trading volume, ranking it 30th among U.S. listed equities. As part of a “moonshot strategy,” BitMine will allocate 1 % of its balance sheet to ecosystem projects, first funding Worldcoin with $20 million to develop a zero‑knowledge human‑verification solution.

Worldcoin's WLD tokens surged 25% in the past hours to extend weekly gains to nearly 50%, with growth across wallet metrics and users and a new engineering partner for the network's anonymized multi-party computation system.