According to CoinGecko, Worldcoin currently has a market capitalization of approximately $792 million and a 494 million circulating supply.

Worldcoin (WLD) price has seen a sharp decline, dropping 20% in the past week amid growing bearish sentiment. Further fueling concerns, the FTX estate is set to sell a large batch of locked WLD tokens at a significant discount.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

WLD price fell over 2% when it was reported that the FTX estate was preparing to auction 22.3 million locked Worldcoin WLD tokens, valued at roughly $37.7 million, at a discount. Allegedly, this would be part of the recovery efforts that the estate had been trying to pursue for its creditors.

The FTX Estate will auction 22.3 million locked Worldcoin (WLD) tokens, valued at approximately $37.7 million, with bids due by 8 PM ET Wednesday.

The FTX estate is set to auction 22.3 million locked Worldcoin (WLD) tokens at a significant discount, sources told The Block.

WLD is set to sustain its month-long bullish trajectory.

The Personal Information Protection Commission (PIPC) slapped a fine of 1.1 billion Korean won ($850,000) on both organizations. This is for illegally gathering iris scans from nearly 30,000 people in the country.

Latin America (LATAM) continues to assert its growing importance in the global crypto ecosystem. In Colombia, Nexo has joined the Fintech Association, marking a significant step in its regional expansion.

Worldcoin has expanded its orb verifications to Guatemala, Poland, and Malaysia amidst a wave of concerns regarding the dangers of artificial intelligence and the difficulty of identifying bots and humans online.

This week's roundup highlights regulatory tightening and innovations in the crypto sector across Asia and MENA. Dubai's regulator implements new crypto marketing rules, which will be effective as of October 1, 2024.

The Worldcoin price had made a huge noise within the markets as it broke above the descending pattern. While the market participants believed the token reached $3 without any bearish interference, the token began to consolidate around a narrow range.

Worldcoin (WLD) is making waves in the cryptocurrency market with a notable price rally that has caught the attention of investors. After a recent surge, many are speculating whether WLD can sustain its momentum and reach new heights.

South Korea's Personal Information Protection Commission (PIPC) has imposed a fine on Tools for Humanity, the developer behind the Worldcoin project, for violating local data privacy laws. The commission announced that the company was fined over 1.1 billion Korean won (roughly $830,000) for allegedly mishandling personal data and breaching overseas data transfer regulations.

Crypto exchange Binance on Friday issued an important announcement on Sam Altman's AI-meets-crypto project, Worldcoin (WLD). The exchange revealed that it is forging ahead with WLD futures listing, echoing a frenzy among market watchers globally.

Worldcoin expands its World ID services to three new countries as its token value surges, reflecting growing interest in digital identity verification solutions in an AI-driven world.

Worldcoin, the biometric identification project, and its parent company, Tools For Humanity (TFH), have been fined by the Personal Information Protection Commission (PIPC), South Korea's data protection agency, for violating the Personal Information Protection Act.

Worldcoin (WLD) is taking investors by storm as the token performs extremely well in the present market environment. Despite the market experiencing a slight pullback today, WLD surged 31% since last week, representing a huge jump in value as the protocol continues to expand its services.

WLD has defied the odds, surging 11% in a day. A key factor is fueling this rise, but can it push WLD to retest $3?

South Korea's Personal Information Protection Commission (PIPC) imposed a collective fine of KRW 1.14 billion ($861,408) on Worldcoin and its affiliate Tools for Humanity (TFH) for failures related to disclosure requirements, according to a Sept. 25 press release.

Worldcoin launches in three additional countries, striving to enhance online security against the growing threat of AI bots.

The Worldcoin Foundation and its partner, Tools for Humanity (TFH), were fined a total of $860,000 by South Korea's Personal Information Protection Commission (PIPC) on Thursday for violations related to the collection and transfer of biometric data.

The Worldcoin Foundation, along with its partner Tools For Humanity, was fined 1.1 billion Korean won, which is about $829,000. This penalty comes from the country's Personal Information Protection Commission (PIPC).

South Korea's privacy watchdog has fined Tools for Humanity, the company behind Worldcoin, over $830,000 for breaking local data protection laws.

Worldcoin (WLD) is gaining attention in the cryptocurrency space, particularly for its focus on decentralized identity verification. This innovative approach, alongside the growing interest in AI-driven cryptocurrencies, has attracted interest from investors and analysts.

Despite the regulatory hurdles, the project's WLD token surged 35% this week, from $1.60 on Sept. 19 to $2.16 on Sept.

Worldcoin (WLD), the cryptocurrency tied to OpenAI's CEO Sam Altman, is the biggest gainer among the top 100 cryptos today. In the last 24 hours, Worldcoin's price has increased by 15.50% while trading at $2.09.

Despite these violations, the PIPC did not ban Worldcoin's data collection practices.

Cryptocurrencies appear calm, with slight 24-hour price movements, as Bitcoin failed to solidify beyond $64,000 after the latest leg up. While top altcoins present mixed signals amid emerging bearishness, AI crypto Worldcoin (WLD) displayed resilience, painting its daily chart green after an over 17% uptick. WLD jumped from the daily low at $1.

Worldcoin price has been on a tear, rising 33% over the past week. The asset has turned bullish and could reclaim $4 in the coming days if crypto market conditions remain the same.

Worldcoin witnessed a strong whale selloff yesterday, Sept. 25, but the asset still continued its upward momentum.

Worldcoin (WLD) turned out to be the biggest gainer of the day, decoupling from a slightly bearish trend emerging among the largest of the cryptos like Bitcoin (BTC) and Ethereum (ETH). WLD price jumped by over 17% in the last 24 hours while BTC and ETH saw a marginal decline

Key points:

Tools for Humanity, the company behind Worldcoin, says it welcomes the announcement, and added that it has since remedied the “weaknesses.”

The cryptocurrency prices on September 26 have again raised investor concerns globally as Bitcoin and major altcoins plunged into the red territory. Notably, even the global crypto market cap slipped 1.92% to $2.22 trillion today.

Worlcoin (CRYPTO: WLD) topped the cryptocurrency market gainers list Wednesday on developments surrounding the project's founder, Sam Altman. What happened: WLD, the native currency of the decentralized identity verification project was up more than 10% as of this writing, with the cryptocurrency's trading volume surging 83% in the last 24 hours.

The Worldcoin price printed two massive daily bullish candles in mid-July, which halted the descending trend and triggered a strong rebound. Sadly, the gains squeezed completely as the token dropped below the previous lows.

Worldcoin rose for the third consecutive day after developers expanded their product launches to more countries. Worldcoin launches in more countries Worldcoin (WLD) retested the important resistance level at $2, its highest point since Aug. 2.

Bitcoin holds above $63k as SEI, WLD, and POPCAT top the altcoin gainers' list.

Worldcoin expanded its World ID verification services to Guatemala, Malaysia, and Poland on Wednesday, responding to growing concerns about AI-driven fraud and the need for secure online identity verification.

The cryptocurrency market remains a mix of volatility and opportunity. While Bitcoin struggles to maintain its momentum against the 200-day moving average, several altcoins are displaying notable strength.

Worldcoin (WLD) price has exhibited a strong upward trend recently. The momentum builds as the broader market experiences a surge.

As Bitcoin bears continue to defend the resistance at 200-day MA, some altcoins display strength. Ethereum trades at $2,612 while the BinanceCoin price crosses $600. Besides, Solana, XRP, Dogecoin, and Cardano consolidate below their respective resistances at $150, $0.6, $0.12, and $0.4.

The crypto market teases a bull market ahead, with the Bitcoin price rejecting targets below $63,000 and aiming for a breakout rally to surpass $64K. Amid such conditions, the social engagement of AI crypto tokens, gaming tokens, and meme coins is rising. Based on Lunar Crush's top coins, TAO ranks among the top AI tokens.

Solana (SOL), Sui (SUI), Worldcoin (WLD), Immutable (IMX), and ZetaChain (ZETA) are five coins that risk suffering a price crash ahead of major token unlocks. This event typically provides a bearish outlook for coins since it could lead to massive selling pressure, with investors offloading their holdings on the market.

Worldcoin [WLD], a project that once attracted significant attention, has faced a tough battle in recent months. Despite a recent 14.32% surge in price over the last two days of trading, the broader picture is far less promising.

The recent price surge has also been supported by bullish technical indicators.