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WLD Token Sale Raises $52.5M for World ID Expansion

Sam Altmans biometric identity startup World has closed a $52.5 million WLD token saleto a group of institutional investors, with every token purchased locked up for a full year — a structural detail that says as much about investor conviction as it does about where digital identity is heading in the AI era.　　Key takeawaysThe World Foundation raised $52.5 millionthrough a strategic locked WLD token sale led by Pantera Capital.All purchased WLD tokens are subject to a one-year lockup, preventing buyers from selling or trading during that period.Participating investors include Bain Capital Crypto, Eightco Holdings, Selini Capital, and Susquehanna Crypto.Funds will support the expansion of World IDacross enterprises, consumers, and AI agents.The World Network has surpassed 39 million members, with over 18 million verified by an Orb and more than 475 million World ID proofs issued to date.　　World Foundation Raises $52.5 Million Through a Locked WLD Token Sale　　The fundraise, announced Friday, flows directly to the World Foundation — an exempted limited guarantee foundation registered in the Cayman Islands that stewards the expansion of the World Network. The sale was led by Pantera Capital, with additional participation from Bain Capital Crypto, Eightco Holdings, Selini Capital, and Susquehanna Crypto, according to reporting from

07-25انڈسٹری

Gen Z Dominates Binances Stablecoin-Based Stock Trading, Accounting for 44% of Users

Gen Z holds 44% share of Binance Direct Stocks and bStocks users industry-wide currently.Gen Zs new TradFi user share climbed from 41% in January to 47% by July 2026.Gen Z generated roughly $80 billion in TradFi volume with 24% monthly compounding growth.Leveraged ETFs made up only 5.9% of Gen Zs trading volume, lowest among all generations.　　Gen Z has emerged as the dominant force behind Binances stablecoin-based stock trading products, according to new data from Binance Research.　　The generation accounts for 44% of users on both Binance Direct Stocks and bStocks, marking it as the single largest cohort across these offerings.　　Gen Z also holds roughly 45% of TradFi perpetual users, placing it on par with Millennials in that category.　　Gen Z Leads Adoption Across Binances TradFi Suite　　Binance Research data shows Gen Zs dominance extends beyond individual products. Among traders who have adopted all three TradFi offerings, a signal of genuine engagement rather than casual testing, Gen Z represents 48% of that group. Millennials follow at 33.6%, with Gen X and Baby Boomers trailing well behind at 13.6% and 4.9%.　　Gen Z Dominates Binances Stablecoin-Based Stock Trading, Accounting for 44% of Users　　Binance Research said Gen Z is the largest user group for its stablecoin-based stock

07-25انڈسٹری

FBI used Google cookies, 500 food orders and a Monero seed phrase to identify Steam malware funder

A 15-page federal criminal complaint details how investigators combined a Bitcoin trail with Google cookies, phone records, and more than 500 Uber Eats deliveries to identify Zyaire Dontaevious Zamarion Wilkins as the alleged financier and marketer of a Steam malware campaign. A later search uncovered a Monero seed phrase tied to roughly $382,000 in cumulative transaction activity.　　Federal agents arrested Wilkins, 21, in Florida on July 14. The complaint, entered the following day, charges him with one count of conspiracy to obtain information by computer for private financial gain.　　The allegations concern the same eight-game campaign CryptoSlate reported on July 19. The FBI and the complaint allege that the campaign infected approximately 8,000 devices, accessed about 80 cryptocurrency wallets and stole at least $220,000.　　The complaint also lays out how investigators connected campaign funding to Wilkins and what they found after obtaining a residential search warrant.　　Messages describe Wilkins alleged financing role　　Prosecutors allege that another participant created the developer accounts and launched the games, while Wilkins supplied funding and helped market them.　　The games were promoted through Discord, Telegram, X and LinkedIn, while bots allegedly identified people with large crypto holdings for targeted messages.　　Messages cited in the complaint include discussions about spending $10,000 on a

07-25انڈسٹری

Audiera – THIS breakout could send BEAT to $4 ONLY IF…

Audiera [BEAT] has attracted enough capital inflow to push its valuation sharply higher, with market capitalization up 17% and the asset worth roughly $970 million at the time of this analysis.　　That performance heading into the weekend leaves one question open—whether the rally survives into the new week. Several factors argue for continuation, and a handful of risks sit directly against them.　　BEAT chart points to unfinished upside　　The 4-hour chart suggests BEAT has more room ahead of it than the current move implies, and the case rests on the pattern the asset has just exited.　　BEAT broke out of an ascending triangle, a structure which typically precedes an extended rally, with the measured move often carrying price back toward the point where the consolidation first began.　　Source: TradingView　　Applied here, the extension puts BEAT on course for $4.0, returning the asset to territory it held before the consolidation set in.　　The route there is far from clean, since two levels stand between BEAT and that target. The asset must first absorb supply at $3.2, then clear $3.6, before the final objective comes into play.　　Momentum currently supports the attempt, with volume confirming the move higher, up 82% at $32.87 million, according to CoinMarketCap.　　Liquidation heatmap keeps pressure on　　The

07-25انڈسٹری

Cardano co-founder Hoskinson says Bitcoin could lose top spot if governance fails quantum test

Quick TakeHoskinson said quantum computing poses a major test for Bitcoin, warning that BTC could lose its top ranking if the networks governance proves unable to adapt.Cardano addresses issues related to BTC that Satoshi was unable to solve, according to Hoskinson.　　Cardano founder Charles Hoskinson got his start in crypto through Bitcoin 15 years ago. Now he says that a possible quantum-computing threat could test Bitcoins ability to coordinate upgrades and ultimately cost BTC its position as the worlds largest cryptocurrency.　　At the same time, he argues Cardanos formal onchain governance and ability to enact upgrades make it better equipped to respond to existential technical threats.　　“The issue with Bitcoin is it‘s frozen in time. It’s very difficult to change anything,” Hoskinson told The Starting Block on Friday. He said early frustration with Bitcoin‘s inflexibility helped motivate the creation of Ethereum. Hoskinson was one of Ethereum’s original co-founders alongside Vitalik Buterin.　　Hoskinsons comments fed into a broader argument that Cardano preserves Bitcoins founding principles while remaining adaptable.　　“Cardano is, in many ways, a spiritual successor [to Bitcoin]. It reflects correcting a lot of things that I think that Satoshi couldnt get around to because of expertise or time but was directionally moving there,” he said.　　Cardano

07-25انڈسٹری

World Foundation Locks Up $52.5M WLD Sale Led By Pantera Capital To Expand World ID

World Foundation closed a $52.5 million strategic token sale on Friday, selling WLD tokens to a group of venture capital heavyweights led by Pantera Capital, according to a market update from WuBlockchain. The deal comes with a strict one-year lockup on all purchased tokens, a structure designed to remove immediate sell pressure from WLDs circulating supply. Bain Capital Crypto, Eightco Holdings, Selini Capital, and Susquehanna Crypto also joined the round, bringing together a mix of deep-pocketed funds and quantitative trading firms.　　The foundation has stated it will channel the entire sum into expanding World ID, its biometric-based digital identity system. The stated target includes enterprise adoption, consumer verification, and, notably, AI agent authentication—a growing niche that sits at the intersection of decentralized identity and autonomous systems.　　The one-year lockup is the defining feature of the raise. By agreeing to keep tokens off exchanges until at least mid-2027, the investors are signaling a long-term view that usually weeds out short-term speculators. For existing WLD holders, the structure caps near-term dilution at a time when altcoin markets remain sensitive to sudden token unlocks. Any large unlock event can trigger cascading sell-offs, so locking tens of millions of dollars worth of tokens for twelve months

07-25انڈسٹری

Coinbase reshuffles top ranks amid push into stocks and predictions

Coinbase has replaced or reassigned four senior leaders after cutting 14% of its workforce, as the exchange builds a platform spanning crypto, stocks, derivatives and prediction markets.　　SummaryCoinbase is replacing or reassigning four senior leaders during its multi-asset expansion.Dominique Baillet is expected to succeed Lawrence Brock as chief people officer.Stocks and prediction markets are growing as weak crypto conditions pressure COIN.　　A Coinbase regulatory filing states that Chief People Officer Lawrence Brock will leave his position on Aug. 17 and remain with the company through Sept. 1 to transfer his duties. Coinbase expects to appoint Dominique Baillet as Brock‘s successor, placing her in charge of the company’s hiring, retention and workplace operations during a period of product expansion.　　Brock will continue providing advice from Sept. 2 through Nov. 30 under an agreement signed on July 23, according to the filing. The arrangement gives him a payment equal to three months of his current base salary after the advisory period, along with continued vesting of restricted stock units scheduled for Nov. 20. Coinbases filing does not give a reason for his departure.　　His exit follows several changes across Coinbase‘s legal, institutional and Base teams. CertiK Pulse reported that Greg Tusar, co-head of Coinbase Institutional, has

07-25انڈسٹری

KULRTech moves $9.45mln in Bitcoin – Is a complete exit next？

Since the October 2025 peak, Bitcoin has failed to sustain an uptrend, falling 48% from its ATH. Amid this extended market weakness, long-term holders, especially institutions, have seen their losses skyrocket.　　The rising losses have pushed many of these firms to a breaking point, and they are not only capitulating but also walking away.　　KULRTech dumps $9 million in Bitcoin　　Treasuries that rushed to accumulate Bitcoin [BTC] from late 2024 and 2025, fearing they would miss out, have found themselves operating at a loss.　　Others were pushed to capitulate to avoid more losses, and one such Bitcoin treasury company is KULRTech.　　KULRTech has been aggressively dumping its BTC over the past months. According to Arkham data, KULRTech transferred 145.8 BTC worth $9.45 million to Coinbase Prime.　　Source: Arkham　　After multiple transfers, its holdings of 1,021 BTC worth $101 million now have only 100 BTC worth $6.47 million left.　　In its selling spree, the company has mostly exited at a loss. AMBCrypto earlier reported that KULR Bitcoin holdings saw over $18 million in losses.　　Now with only 100 BTC left, it seems the company is on the verge of completely exiting its position. Thus, if weakness continues, the company is likely to sell and exit the market entirely.　　Source: Yahoo Finance　　Even

07-25انڈسٹری

Poolin, Once One of Bitcoin's Biggest Mining Pools, Files for Bankruptcy

In briefPoolin Technology filed for Chapter 11 bankruptcy on July 22.The largest single debt, $163.7 million, is owed to about 11,700 users.Thor CALAP LLC has placed a $52 million stalking-horse bid for Poolins two West Texas mining sites, setting the floor for a court-supervised auction.　　Poolin Technology Pte. Ltd., the Singapore-based company that once ran one of Bitcoins largest mining pools, filed for Chapter 11 bankruptcy on July 22—the U.S. legal process that lets a company operate under court supervision while it reorganizes or, in this case, sells off its remaining assets and shuts down.　　The filing, in the U.S. Bankruptcy Court for the District of New Jersey, covers Poolin alongside two U.S. affiliates, Lonestar Dream Inc. and Lonestar Taproot LLC. Court documents list roughly prepetition obligations of more than $100 million against less than $10 million in assets.　　A mining pool lets individual Bitcoin miners combine their hashrate—the raw computing power machines burn through to solve the cryptographic puzzles that add new blocks to the blockchain—so the group wins rewards more often than any single miner could alone.　　Poolin was founded in Beijing in 2017 by Zhibiao “Kevin” Pan, along with Fa Zhu and Tianzhao Li, all veterans of mining-hardware maker Bitmain, and

07-25انڈسٹری

Wise plans to resubmit national trust bank application under GENIUS Act framework

William Blair said that while Wise is resubmitting its national trust bank charter application under a GENIUS Act framework, the analysts do not predict “a major shift in the companys stance on stablecoins.”The OCC has granted conditional approval to several stablecoin-focused entities since December, six months after the GENIUS Act passed, legislating payment stablecoin activities.　　Wise plans to submit a new application for a national trust bank charter in the U.S. under the GENIUS Act stablecoin framework after the Office of the Comptroller of the Currency denied its original application, according to a William Blair note on Friday.　　The OCC said that Wises application was incompatible with new ⁠Federal Reserve policies regarding payment system Master Account access.　　Reuters reported that Wise would reapply on Friday. The OCCs denial was made in a July 21 letter.　　“While approval would have represented a step towards a connection to U.S. domestic rails, we understand the Fed has essentially halted the granting of master accounts, as it develops policies for payment accounts that were formally proposed in May 2026,” William Blair analysts Cristopher Kennedy and Marc Feldman wrote.　　The OCC, along with other major financial regulators in the U.S., has radically reshaped its approach to oversight during President Donald

07-25انڈسٹری

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