Certik, a security firm, prevented a potentially disastrous million exploit in the Wormhole cross-chain bridge by identifying a critical bug, showcasing the importance of proactive security practices and the benefits of open-source software in enhancing Web3 security standards. Wormhole, a project enabling token and data transfers between blockchain networks like Ethereum and Solana, had […]
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Heco Bridge Hacker Moves $137 Million in Stolen ETH to Tornado Cash
In a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late in November 2023 from the conduit bridge connecting Ethereum and the Heco blockchain, transferred 40,391.8 ether to the mixing platform Tornado Cash. Heco Bridge Exploiter Transfers Millions Worth of Ether to Tornado […]
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CEO Of German VC Firm Predicts XRP To Become ‘World Reserve Bridge Currency’
Oliver Michel, CEO of Tokentus Investment AG, has made a bold assertion in the latest episode of Crypto Talk – a series produced for German television in collaboration with Der Aktionaer, regarding the future role of Ripple and XRP. Michel, leading one of Germany’s prominent venture capital firms, provided a deep dive into the operational excellence of Ripple Labs and the transformative potential of XRP within the financial sector.
Ripple IPO And XRP Price Expectations
Michel praised Ripple Labs for its professional management and strategic direction, aiming for a major initial public offering (IPO). He stressed the importance of Ripple’s approach to solving the inefficiencies of cross-border payments, distinguishing between the company’s operational framework and the utility of XRP.
“Ripple is a professional company […] It’s not a foundation where some people get together and say we’re going to do something. It’s a professional company with the ambition of a fairly large IPO,” Michel stated, emphasizing the solid foundation upon which Ripple builds its services.
Delving into the specifics of Ripple’s value proposition, Michel elaborated on the inefficiencies of traditional banking transactions across borders, highlighting the advantages of using XRP as a bridge currency.
He detailed, “You give it to the bank, exchange these euros for XRPs, put them on the ledger, i.e., on the blockchain, very quickly and without major costs […] This means that XRP is the bridge currency, XRP Ledger is the blockchain, the bridge and the liquidity pool.” This process, according to Michel, stands as a testament to Ripple’s innovative approach to leveraging blockchain technology for real-world financial operations.
Michel also shared insights into his investment strategy regarding XRP, noting his expectations for the cryptocurrency’s value. When queried when he plans to sell, he remarked, “I’ll think about it when it’s at . So, from now on, a tenfold increase. At , I think that would be super good.” These comments not only reveal Michel’s bullish outlook on XRP but also his nuanced understanding of the cryptocurrency’s market dynamics.
Michel further disclosed his dual investment in Ripple, holding both XRP coins and shares in Ripple Labs through Tokentus Investment AG and his family office. This strategic positioning underscores his confidence in Ripple’s dual offerings and his belief in their long-term potential.
“I have XRP coins, both in my family office and in Tokentus Investment AG. However, we also got involved in Ripple shares very early on, both via Tokentus and via the family office, via a preliminary company, via an SPV, a special purpose vehicle,” Michel elaborated, indicating a comprehensive investment approach towards the Ripple ecosystem.
German CEO Sees XRP As Global Currency Standard
Addressing the future of digital finance, Michel underscored the significance of XRP and Ripple’s On-Demand Liquidity (ODL) service in the evolving landscape of Central Bank Digital Currencies (CBDCs). He posited that Ripple’s infrastructure could become central to global financial systems, facilitating seamless and efficient transactions between central banks.
“This is actually the most exciting question […] If the banks work together via the backend, Ripple’s bridge technology is central, everything revolves around it,” Michel stated, highlighting Ripple’s potential to revolutionize financial transactions at a global scale.
Despite acknowledging the competitive landscape, including initiatives like the JP Morgan Coin, Michel’s confidence in Ripple’s unique value proposition remains unshaken. He concluded with a compelling vision for Ripple’s future, “If time plays in Ripple’s favor, then Ripple may well become the world reserve bridge currency.”
At press time, XRP traded at .57769 after being rejected at the 0.5 Fibonacci level once again.
Russia Hints at Development of CBDC-Based BRICS Bridge Payments System
Russia has proposed the development and implementation of a BRICS-wide payment system that would use central bank digital currencies (CBDCs) to manage trade settlements. The BRICS bridge, as referred to by Russian Finance Minister Anton Siluanov, would address the fragmentation of the current payment system outside the West’s “unfriendly infrastructure.” Russia Hints at Using CBDC […]
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How To Bridge And Trade On The Injective (INJ) Network
Injective is a blockchain designed specifically for finance. It is an interoperable and environmentally-friendly layer 1 blockchain that supports advanced DeFi applications, including crypto trading dApps, like spot and derivative exchanges, and lending protocols.
That being said, in the fast-paced world of cryptocurrency, the Injective Network has emerged as a trailblazing force, revolutionizing the landscape with its innovative approach to scalability and seamless trading experiences. In my opinion, I will say that Injective is trying to follow the Solana path in terms of progressive growth in the ecosystem and price value.
In this in-depth guide, we’ll navigate through the essential features of the Injective (INJ) Network, unravel the intricacies of initiating your trading journey, and explore various methods to acquire and trade the coveted Injective Coin (INJ).
Solving Scalability: The Essence of Injective (INJ) Network
The scalability challenge has long been a hurdle for widespread crypto adoption, and Injective Network steps up to the task as a groundbreaking solution. Scalability is the reason some people don’t trade certain coins. For instance, I avoid making certain Ethereum transactions because of the high gas fees. If I want to make any monetary transaction, I prefer to use a more scalable coin like injective (INJ).
Scalability isn’t just about transaction costs but also about the speed of transactions. Injective Network boasts a remarkable transaction speed of 0.8 seconds, leaving competitors, including Ethereum and its layer 2 counterparts, in the rearview mirror. What more can you ask for with their gas fees as low as .01, Injective Network brings unparalleled efficiency to the world of blockchain transactions.
Injective (INJ) gives you a better DeFi experience, this is because you are not scared of exploring the DeFi space due to high gas fees and slow annoying transaction speed. If you have transacted on the Ethereum chain or done any past DeFi activity on the Ethereum chain, you will be conscious of your exploration because each activity will incur a transaction fee whether the contract signed is successful or not and it’s not cheap.
Initiating Your Injective Trading Journey
Embarking on your trading journey within the Injective Network involves meticulous steps to ensure a seamless experience. The choice of a compatible wallet is paramount, and here, we delve deeper into two main types:
- EVM Based Wallets:
EVM compatibility is the bedrock for smooth integration with Injective Network. While Metamask is a popular choice, it’s essential to understand its intricacies, especially when it comes to the EVM chain. Exploring alternative EVM-based wallets can provide tailored solutions for optimal user experience.
It is preferable to use an EVM wallet like Metamask if you are bridging from an EVM chain to an injective chain. As we go further into this post, you will learn how to bridge from EVM to the injective chain. EVM wallet like metamask makes your Defi experience on the injective easier but you can’t compare it to that of the cosmos-based wallet.
- Cosmos Based Wallet:
For a user-friendly experience on your PC, consider Cosmos-based wallets like Leap and Keplr. These Chrome extensions are tailor-made for Injective Networks, ensuring not just compatibility but also enhanced security features. Using a Cosmos-based wallet makes interaction far easier than EVM-based wallets. But you can’t have EVM-based assets on this wallet, this means that you can’t bridge EVM assets to injective using this wallet, you need to use Metamask.
These wallets, the EVM-based wallets, and the Cosmos-based Based Wallets are great for your smooth Defi experience when interacting on the injective chain.
Acquiring Injective Coin (INJ)
Once your wallet is set up, the next crucial step is acquiring the prized Injective Coin. INJ is prominently listed on various centralized exchanges, including Binance, Coinbase, Kucoin, Bybit, OKX, and Gate.io. Each exchange offers its unique advantages, and strategic users may explore multiple platforms for optimal trading conditions.
Consider securing your INJ in a Keplr wallet for efficient portfolio management. When you are sending INJ from centralized crypto exchanges to your Keplr wallet, make sure you choose the Injective network and paste your Injective network address from your Keplr wallet.
Setting Up Keplr Wallet for Injective Chain Visibility
Creating a Keplr wallet is a straightforward process through the Chrome extension. Get your Keplr wallet, and create a new wallet, you will be given a seed phrase, save the seed phrase, usually a 12 or 24-word seed phrase. Do not forget to save them, in order not to lose your account permanently.
To make the Injective chain visible in your Keplr wallet, follow these steps:
- Click on the hamburger sign in the top left corner.
- Navigate to “Manage Chain Visibility.”
This will take you to where you can view the chain visibility on the Keplr wallet, this is essential as it helps you select other chains on the Keplr wallet.
- Search for “Injective” or “Inj” and click on “Add Token.”
By enhancing Injective-related keywords in your wallet setup process, you not only optimize for search engines but also ensure clarity for users seeking to manage their INJ effectively.
It is important to know that every address on the injective chain starts with the “inj” prefix, this helps you identify the injective chain easily. Congratulations you are about to begin your Injective DeFi journey.
Defi means Decentralised Finance, this is a type of transaction that doesn’t require a centralized platform like Binance, Bybit, OKX, or whatever centralized exchange you know. All you need to perform a DeFi transaction is a DEX (Decentralised Exchange) wallets like Keplr and a Dapp (Decentralised Application).
We have a wallet now, we need to fund it with INJ before interacting with a Dapp on the Injective wallet. You can get INJ tokens from an exchange like Binance Binance. You can deposit on your Binance in whatever way you are used to depositing on your Binance, you can deposit USDT with fiat. Trade the USDT for INJ. The next step is to withdraw the INJ to your Keplr wallet. Withdraw the INJ on the Injective wallet.
Withdrawing INJ coin and Bridging Tokens:
The withdrawal process after acquiring INJ involves selecting the coin, choosing the Injective chain, and pasting your Keplr Injective address. Remember the address has to start with “INJ”. This step is crucial for securing your assets, and benefits from additional details regarding security measures, transaction confirmation times, and potential challenges users might encounter. This is just one method to get INJ from a centralized exchange, you can also get INJ by bridging.
Bridging, an alternative method for bringing tokens to Injective, is an essential strategy, especially for users keen on optimizing their portfolio across multiple chains. Bridging from an EVM-based wallet requires a metamask and INJ on an EVM chain. For instance, if you have INJ on the ETH chain in your metamask, all you need to do is connect your metamask to the Injective Bridge platform. This will help you bridge from the ETH chain to the injective chain.
Bridging Tokens in the Cosmos-Based Wallet Ecosystem:
An intriguing method to diversify your portfolio involves bridging tokens from the Cosmos-based wallet ecosystem to Injective. For example, bridging TIA (Celestia) to Injective and swapping TIA (Injective) to INJ (Injective) using Astroport opens up opportunities within the Cosmos ecosystem.
You will have to go to the Injective Bridge platform, connect to your cosmos-based wallet, select whatever cosmos-based wallet token you have like TIA (Celestia), and bridge from the Celestia chain to the injective chain. Emphasizing this integration showcases the versatility of Injective Network and its compatibility with other blockchain ecosystems. Now you have TIA(Injective) you need to swap it to INJ, trading or swapping can be done Astroport.
Trading INJ on Astroport
Astroport, the decentralized exchange (DEX) on the Injective chain, serves as the epicenter for token swaps. After successfully bridging tokens, users can initiate trades on Astroport, leveraging the platform’s decentralized nature for portfolio diversification. Whatever you are swapping here is expected to be on the injective chain, you can swap INJ for all the available tokens, and now you can trade as easily as you like.
How To Trade on Coinhall
Coinhall is a site where you can bridge directly and swap. It is a multi-token bridge swap DEX that you can use to bridge and swap at the same time but only for Cosmos-based tokens and coins. It serves as a smart chart for all cosmos-based tokens including injective and also for swapping and bridging.
You can see all the available coins and tokens with their respective prices here, it’s a good DEX dApp to use. You can scroll here and search for the token you are looking for. You can also search by using the search bar.
If you want to trade a token and you can find it on the list, all you have to do is go to Coinhall and type the name of the token, as well as search using a contract address.
Coingecko is also a good site that has the details of coins. Here, you can search for the name of the coin or token you are looking for, and get the contract address directly.
Go to the info section and search for the contract, copy the smart contract from Coingecko, and paste it into the coinhall market search button.
Like this:
This will take you to where you will be able to trade any token based on the dex.
Let’s explore Coinhall as A Bridge Swap DEX
To explore Coinhall this way, you need to navigate to the Swap section. This section will give you the opportunity to bridge and swap at the same time. For instance, if you want to swap TIA (Celestia) to INJ (Injective) you can do this at ease with one click.
Instead of bridging TIA (Celestia) to TIA (Injective) then swapping it to INJ. You can do it as shown below:
Conclusion
With your INJ Coin securely stored in your wallet, you’re now poised to explore the exciting world of trading on the Injective Network. The scalability, low transaction fees, and swift processing times position the blockchain as a promising platform for crypto enthusiasts and traders alike. In the dynamic realm of decentralized finance (DeFi), Injective Network stands tall, offering innovative solutions for seamless and efficient trading experiences.
As you navigate this multifaceted landscape, remember that the Injective Network isn’t just a platform; it’s a gateway to transformative technology shaping the future of cryptocurrency. These steps, when taken with a strategic mindset, offer not only trading opportunities but also a deeper understanding of the evolving crypto ecosystem.
Stay informed, trade wisely, and harness the full potential of the Injective Network, where every transaction is an opportunity to redefine your crypto journey.
In summary, this comprehensive guide provides an extensive roadmap for mastering the Injective Network, ensuring that users, from beginners to seasoned traders, can navigate the intricacies of this innovative blockchain ecosystem with confidence and clarity.
Orbit Bridge Hack Confirmed, Over $81.5 Million Lost in Cryptocurrency Assets
Orbit Bridge, an inter-blockchain bridging protocol, has confirmed that it was recently exploited, losing over .5 million in several assets, including USDT, DAI, USDC, WBTC, and ETH. Orbit Chain is trying to communicate with the group responsible for the attack and has asked cryptocurrency exchanges to freeze stolen assets.
Orbit Bridge Hacked, Losses Registered for Over .5 Million
In one of the first hacks of 2024, Orbit Bridge, an interoperability blockchain solution, faced an attack that drained over .5 million in cryptocurrency assets. First detected by X user Kgjr, who alerted about a possible asset drain, the incident allowed hackers to withdraw million in USDT, million in USDC and DAI, in addition to almost 231 WBTC and 9,500 ETH, to five different fresh wallets.
Orbit Chain’s team has acknowledged the incident and is trying to contact the attackers, sending two messages with undisclosed intentions. In the same way, Orbit announced that it requested the help of all major exchanges to freeze these funds.
On X, Orbit declared:
We are in close contact with law enforcement agencies, and we are working diligently to track down and freeze the assets that have been stolen.
Due to the method used, X sleuth Tay has linked this hack with the work of North Korean hackers, alerting that 2024 might be a year of billion of dollars in incidents linked to these groups. Orbit has acknowledged the possibility of this link, explaining that “following a thorough review of the claim, an appropriate response plan will be developed.”
Orbit also called for users to be vigilant against scams that promise to refund and reimburse any losses caused by the hack, clarifying that any new information regarding this incident will be shared through appropriate channels.
Recent reports revealed that at least .7 billion was lost in this kind of incident during 2023.
What do you think about the Orbit Bridge hack and its possible relation with North Korean groups? Tell us in the comments section below.
GameSwift Introduces GS Pay To Bridge The Gap Between Web2 and Web3 Payments
PRESS RELEASE. The GameSwift team is proud to introduce GS Pay, a revolutionary payment system and bank card that seamlessly converts in-game treasures into real money, unlocking a world where gaming fuels real-life purchases. As the gaming sector continues its exponential growth, the lines between reality and virtual worlds are becoming increasingly blurred. Gaming is transcending mere entertainment, and GameSwift is at the forefront of this evolution.
Empowering Gamers Beyond the Screen
With GS Pay, the aim is to bridge the gap between the gaming universe and the physical world, empowering gamers to utilize their hard-earned digital items as currency for everyday expenses such as shopping, food, and bills. GS Pay, coupled with the virtual currency ‘G-BUCKS’, is designed for seamless integration within games, applications, and online stores. This unified system, powered by G-BUCKS, facilitates a transformative experience for Web3 gamers.
Additionally, GS Pay transcends the boundaries between Web2 and Web3, allowing users to effortlessly pay for anything they desire, be it a gaming asset or even dinner with friends. The benefits of GS Pay therefore extend beyond a simple payment experience for gamers, as it also offers perks like higher APY, discounts, airdrop multipliers, and more.
Unveiling The Technology Behind GS Pay
At the core of GS Pay lies the exclusive technology that enables gamers to monetize and cash out their in-game assets seamlessly. The intuitive dashboard showcases in-game digital assets, complete with information about each item’s value. In the Mainnet stage, with just a single click, gamers can also convert their assets into actual money on their GS Pay bank card.
The GS Pay system comprises two key components, namely the GameSwift Wallet and the GameSwift Card. Furthermore, GameSwift’s technology covers all technical aspects, including handling gas fees and bridging assets to exchanges or marketplaces for conversion. The off-ramping process also employs zero-knowledge proof technology, ensuring the privacy and security of converting crypto assets to fiat.
A Comprehensive Payment System
GS Pay, integrated into the GameSwift Platform, streamlines fund placement and withdrawal for users. This versatile system supports various services, including ordering a payment card, making in-game purchases, and utilizing both off-ramp and on-ramp gateways. Users can conveniently place funds on their accounts using traditional methods or blockchain technology through crypto wallets.
There are some important dates to note, as December 20th is when access for whitelisted users will be given, December 21st is the Open Phase, December 22nd is the return to 7 days of unbounding, and December 23rd will mark the end of the first phase. The number of places available in Phase 1 are 888, and the lock conditions are 3 months plus 7 days unbounding.
About GameSwift
GameSwift is a leading innovator in the gaming industry, dedicated to providing high-quality solutions that redefine the gaming experience. The platform was founded on the convergence of blockchain innovation, a passion for gaming, a strong technological foundation, and decentralized financial technologies. By seamlessly integrating these enabling technologies, the team presents the future of Web3 gaming.
GS Pay has the potential to revolutionize how gamers engage with and monetize their hobby. GameSwift is excited to introduce this innovative product to the market, simplifying the monetization of in-game assets in the real world without requiring blockchain expertise. The team firmly believes in empowering users, and GS Pay is a testament to that commitment.
For more information, visit GameSwift’s official website as well as the X, Discord, YouTube, LinkedIn, Medium, and Telegram channels for regular updates.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Ethereum L2 Blast Crosses $123 Million, Important Things To Know Before You Bridge In
Blast, a brand new Ethereum Layer 2 network, has drawn a startling amount of interest and security concerns due to a surge of investors using the network to bridge their assets.
Blast Hits 3 Million In TVL
Blast recently announced its mainnet access on X (formerly Twitter). The L2 network built by Pacman Blur has gained a staggering amount of attention from crypto investors following the declaration.
“Introducing Blast: The only Ethereum L2 with native yield for ETH and stablecoins. We’ve raised m from Paradigm and StandardCrypto to build the L2 that helps you earn more,” Blast stated.
Blast recorded over 23,368 users in just 24 hours of announcing the imminent launch of its mainnet. The influx of investors pushed Blast’s Total Value Locked (TVL) to million in a single day.
“23,368 users have joined the Blast Community in the past 24 hours. Thanks to them, Blast has reached Million in TVL in one day! We’re excited to share more with community members soon. There’s much more to come,” Blast said.
Presently, Blast has recorded over 3 million in TVL from assets bridged by investors. This unexpected surge in bridging demands has raised concerns especially due to the unusual conditions attached to the bridging process.
According to Blast, users can only access the Ethereum L2 network after receiving an invitation code. The network has also stated that users will not be able to withdraw their bridged funds until February 2024.
While the unconventional bridging conditions have raised some red flags, many investors continue to express their interest by actively bridging their assets
Details About New Ethereum L2 Network
Blast has outlined several important details of its bridging and staking processes. The Ethereum L2 network highlighted the potential yield benefits of investors when they bridge their ETH tokens and stablecoins. The network has also stated that investors who stake their ETH can gain profits over time as their assets grow in their Blast wallets.
“Once you have access, you can bridge to earn yield (4% for ETH + 5% for stablecoins) and Blast Points ahead of the Mainnet launch in February (2024). Early access members get more points based on how much they bridge and who they invite,” Blast stated.
The L2 network added:
Specifically, Blast natively participates in ETH staking, and the staking yield is passed back to the L2’s users and dapps. We’ve redesigned the L2 from the ground up so that if you have 1 ETH in your wallet on Blast, over time it grows to 1.04, 1.08, 1.12 ETH automatically.
Additionally, Blast has expanded its bridging capabilities to a diverse range of digital assets. According to the L2 network, investors can bridge beyond ETH and opt for stablecoins such as USDT, DAI, and more.
“It’s not just ETH on Blast that earns yield. Stablecoins do too. When you bridge stablecoins like USDC, USDT, and DAI to Blast, it’s deposited in on-chain T-Bill protocols like MakerDAO, and the yield is passed back to Blast users via USDB, Blast’s auto-rebasing stablecoin,” Blast stated.
Heco Bridge Breach Drains $86 Million — Justin Sun’s HTX-Linked Venture Faces Major Security Setback
Numerous sources have reported that the Heco Bridge, a cross-chain conduit linking Ethereum with the Heco blockchain, has suffered a security breach, resulting in a loss of million. Subsequent to the heist, the stolen funds were redirected to various decentralized exchange (dex) platforms.
Major Million Theft Hits Heco Bridge
In a recent setback for a venture linked to Tron’s creator, Justin Sun, it’s estimated that to million has been drained from the Heco Bridge. Blockchain security firms Cyvers and Peckshield raised the alarm about this breach, stating, “Our initial analysis indicates the suspicious .6m outflow from Heco Chain bridge was from a compromised operator, which was operational since [October 8, 2022].”
In a strategic move in 2022, Sun combined HTX’s Heco Chain with the Tron and Bittorrent blockchains, aiming to foster a more integrated platform and promote cooperation between developers from Heco, Tron, and Bittorrent. Recently, Sun’s ventures have been recurrent targets of significant cyber attacks, including the HTX (formerly Huobi) hack, the Poloniex breach, and the latest Heco Chain incident.
Currently, the perpetrator’s wallet holds 30,949 ether, valued at .83 million, which is only a portion of the total stolen amount. As of 9:00 a.m. Eastern Time on November 22, 2023, there has been no update from Heco Chain’s X account regarding the situation. However, Sun has addressed the issue on social media, revealing that HTX is preparing to compensate for the lost funds.
“HTX will fully compensate for HTX’s hot wallet Losses,” Sun wrote. “Deposits and withdrawals [are] temporarily suspended. All funds in HTX are secure, and the community can rest assured. We are investigating the specific reasons for the hacker attack. Once we complete the investigation and identify the cause, we will resume services.”
Why do you think Justin Sun-linked projects are being attacked? Share your thoughts and opinions about this subject in the comments section below.
Worldcoin Unveils Enhanced State Bridge; Registers 2.35M Users as WLD Market Dynamics Shift
This week, the iris-scanning Worldcoin project introduced a state bridge into its framework. This feature enables users to create and link their own bridge with the global identity, World ID, and any blockchain that’s Ethereum Virtual Machine (EVM) compatible. Data further shows that Worldcoin has registered about 2.35 million users, with over 700,000 distinct wallets holding the WLD, Worldcoin’s native cryptocurrency.
Worldcoin’s State Bridge, Growth, and Supply Concentration
On October 11, 2023, Worldcoin developers made changes to the state bridges, incorporating a design focused on gas efficiency and broader compatibility. The announcement explained that the new structure allows the formation of bridges for any EVM-compatible chain, giving users the ability to set up and control their state bridge. The goal is to facilitate the integration of World ID with a user’s chosen blockchain and application.
Worldcoin views this adjustment as a means to support applications based on sybil-resistant, proof-of-personhood principles. Beyond the state bridges update, Worldcoin’s official records indicate 2.35 million users have registered. Moreover, on September 7, 2023, around 591,633 unique wallets held WLD. By October 13, 2023, this number grew to 707,909. In a 77-day period, WLD transactions also increased from 887,482 to 7,701,38.
Despite the growth in WLD wallets, a substantial portion of the token remains significantly concentrated. The two largest WLD addresses, both managed by Worldcoin, together hold 70.8% of the total supply. The third biggest address, with 5.838% or over 10 million WLD, is associated with Binance’s cold wallet. Market maker Wintermute holds the fourth largest address, while the South Korean cryptocurrency exchange, Bithumb, has the fifth.
The top ten wallets account for 86.86% of the total supply, and the top 100 wallets hold 92.75% of all WLD in circulation. Regarding market trends, WLD increased by 46.2% against the U.S. dollar in the past 30 days, but it also declined by 18.4% in the last two weeks. As of October 13, with WLD priced at .47 per coin, it’s 55% below its highest value of .30, yet 51% above its record low of .973. Presently, WLD has a 7 million market cap which is ranked 148 out of the more than 10,000 crypto assets in existence.
What do you think about the Worldcoin project? Share your thoughts and opinions about this subject in the comments section below.