Sam Altman’s Worldcoin Raises $135 Million—WLD Token Jumps 15%

Worldcoin’s parent entity, the nonprofit World Foundation, has injected fresh momentum into its biometric-identity project after selling $135 million worth of liquid WLD tokens at spot price to two of its earliest backers, Andreessen Horowitz (a16z) and Bain Capital Crypto. The direct purchase—explicitly “not a venture round… a direct purchase of non-discounted liquid tokens,” according… Continue reading Sam Altman’s Worldcoin Raises $135 Million—WLD Token Jumps 15%

Brace For Impact: Worldcoin Team Plans To Sell 1.5 Million WLD Tokens Every Week For 6 Months

Worldcoin (WLD) could be the victim of a significant downtrend in the coming weeks. The team plans to sell as many as 1.5 million WLD tokens over the next six months, which could bring about massive selling pressure and affect the token’s price.  Details About The Proposed WLD Token Sale Worldcoin revealed in a institutional… Continue reading Brace For Impact: Worldcoin Team Plans To Sell 1.5 Million WLD Tokens Every Week For 6 Months

Worldcoin Faces $1.2 Million Fine In Argentina For Law Violations; WLD’s Price Reacts

In recent months, Sam Altman’s open-source protocol Worldcoin (WLD) has faced increasing legal challenges as Portugal and Spain cracked down on its biometric data collection practices. Argentina has joined the list, issuing an indictment against Worldcoin after detecting allegedly abusive clauses in user contracts.  Worldcoin Faces Legal Scrutiny In Buenos Aires Buenos Aires authorities have… Continue reading Worldcoin Faces $1.2 Million Fine In Argentina For Law Violations; WLD’s Price Reacts