$250 Million Private Placement and Strategic Participation from BitMine

Eightco issued approximately 171.2 million shares at $1.46 per share, generating $250 million in gross proceeds. In addition, BitMine (NYSE: BMNR) purchased 13.7 million shares, making a $20 million strategic investment. Thus, a total financing package of $270 million was created.

This step represents the first phase of the company’s plan to move its treasury away from traditional assets and make Worldcoin (WLD) its primary reserve asset.

Significant Changes in Management

At the same time, the company made a notable change in its management. Renowned technology analyst Dan Ives became Eightco’s new Chairman of the Board. This appointment is considered an important development that adds credibility to the strategic transformation process.

In addition, the company announced that, effective September 11, 2025, it will change its trading symbol from “OCTO” to “ORBS.” This change carries a symbolic meaning directly aligned with Worldcoin’s Orb devices, which use iris-scanning technology.

A Big Bet on Proof of Human Technology

Eightco’s move is seen not only as a treasury strategy but also as a significant investment in Worldcoin’s Proof of Human (PoH) technology. Currently, Worldcoin has created approximately 16 million accounts across 45 countries.

The company believes that PoH technology could become a global standard for verifying human identity, especially in a digital future increasingly dominated by artificial intelligence.

Investor Confidence

This funding round also included participation from major institutional investors such as World Foundation, Discovery Capital Management, Pantera, and Brevan Howard. This indicates strong interest in Worldcoin’s technology and sends a powerful signal supporting Eightco’s strategic direction.

Worldcoin (WLD) Price Outlook

Prior to the announcement of Eightco’s $270 million investment and treasury strategy, WLD was trading at $1.02. Following the news, it quickly gained momentum, rising to $1.31. This move represents an increase of approximately 28% in a short period of time.

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“Operating Without a TDPSE Registration”

In an official statement, the Ministry revealed that PT. Terang Bulan Abadi and PT. Sandina Abadi Nusantara are not legally registered as Electronic System Providers (PSE). In particular, PT. Terang Bulan Abadi is accused of operating without a valid Tanda Daftar Penyelenggara Sistem Elektronik (TDPSE) license. Meanwhile, the Worldcoin project is reportedly using the TDPSE registration under a different legal entity, PT. Sandina Abadi Nusantara.

Indonesian Citizens Filed Complaints Against Worldcoin

Alexander Sabar, Director General of Digital Space Supervision at Komdigi, emphasized that the suspension is a preventive measure. He stated that public complaints were taken seriously and the companies involved will soon be officially summoned for clarification.

Sabar also reminded that any digital service provider operating in Indonesia must comply with Government Regulation No. 71/2019 and Ministerial Regulation Kominfo No. 10/2021, which require legal registration. “Providing digital services under another legal entity’s name is a serious legal violation,” he stressed.

Public Alert and Call for Vigilance

Komdigi announced that it will intensify monitoring efforts to create a secure and transparent digital ecosystem. The Ministry urged citizens to play an active role in this process, stay cautious against unauthorized digital services, and report suspicious activities through official complaint channels.

This development not only highlights Indonesia’s firm stance on digital security, but also adds to the global pressure Worldcoin is facing over data privacy concerns.

As this news unfolded, Worldcoin (WLD) dropped 2.5% intraday, trading at $0.9193.

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Bitcoin Intraday Key Levels

The BTC/USD pair has lost 0.68% in the last 24 hours and is currently trading at $101,917. Bitcoin (BTC), if it moves up from here, the resistance level is $106,000. The support levels are $101,000 and $98,800.

Ethereum (ETH): The ETH/USDT pair has lost 1.80% in the last 24 hours and is currently trading at $3,240. The resistance levels for ETH are first at $3,360, followed by $3,520. The support levels are $3,190 and $3,020.

Aptos (APT): The APT/USDT pair has lost 5.13% in the last 24 hours and is currently trading at $7.40. The resistance levels for APT are first at $8.05, followed by $9. The support levels are $7.20, and if the decline deepens, the next support is at $6.80.

Drift Protocol (DRIFT): The DRIFT/USDT pair has lost 1.32% in the last 24 hours and is currently trading at $0.897. The resistance levels for DRIFT are first at $0.95, followed by $1.02. The support levels are $0.88, and if the decline deepens, the next support is at $0.84.

Worldcoin (WLD): The WLD/USDT pair has lost 2.46% in the last 24 hours and is currently trading at $1.7282. The resistance levels for WLD are first at $1.85, followed by $2.10. The support levels are $1.61, and if the decline deepens, the next support is at $1.54.

Trending Coins

In the last 24 hours, the most trending coins in the crypto market are Alpha (ALPHA), Neiro (NEIRO), and Official Trump (TRUMP). Among the top gainers, Qtum (QTUM), Murasaki (MURA), and AI Companions (AIC) lead the list. On the other hand, the biggest losers in the market include Newton Project (NEW), Virtuals Protocol (VIRTUAL), and Toshi (TOSHI).

Bitcoin Liquidation Map

Looking at Bitcoin’s 12-hour liquidation map, the most notable liquidation on the upside is at $103,667 with $11.52 million. On the downside, the key liquidation level stands at $101,629 with $10.32 million.

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Alameda Research now owns approximately 24 million WLD tokens, but only exchanged 205,387 WLD tokens for around $352,000. This action had no impact in changing the negative mindset because the WLD price sank to a new 52-week low of $1.30, a clear departure from prior levels.

WLD, with a 24-hour trading volume of $116.5 million, is now trading at around $1.65 depending on most current data. With a market value of $564.2 million, the Worldcoin represents the continuous depressing attitude of the market. With a reading of 38, the Relative Strength Index (RSI) remains in the oversold zone indicating ongoing sales activity. Besides, it is worth pointing out the bearish tone of the outlook is supported by the Chaikin Money Flow (CMF) with -0.10.

Other data derived from CoinGlass reveal that short sellers effectively dominate the market, given the financing rate of -0.040%. That is, long positions are more expensive than short ones – negative financing rate underlines the bearish sentiment.

Moreover displaying a decline in investor activity is Worldcoin’s Open Interest, which fell by around 2.07% to $125.95 million. The daily active addresses have also seen a downturn, suggesting reduced investor confidence, which has fueled the continuous price decline.

Should Worldcoin fall short of the $3 mark, it may suffer further negative effects and may collapse to the levels of $1.50 or maybe $1.00. Conversely, a move over the 20-day EMA might lead the momentum toward $2, followed by a likely short-term advance to $2.30.

The continuous development activity within the Worldcoin ecosystem indicates that the project remains growing albeit at a slower pace, despite the negative market conditions.

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Bitcoin (BTC) continues to be priced at $58,780, breaking the $60,190 support level. After reaching up to $63,890 in the past hours, the price fell to $57,820 due to a loss of volume. If it does not close above the $58,400 level in the daily candle, the next support level to watch is $56,550.

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Bitcoin (BTC): The BTC/USDT pair has lost 3.42% in the last 24 hours and is currently trading at $58,780. For BTC, the resistance levels are first at $60,190, followed by $61,320. The support levels are at $58,400 and, below this region, at $56,550.

Ethereum (ETH): The ETH/USDT pair has lost 3.80% in the last 24 hours and is currently trading at $3,220. For ETH, the resistance levels are first at $3,260, followed by $3,300. The support levels are at $3,170 and, below this region, at $3,090.

Aptos (APT): The APT/USDT pair has lost 5.33% in the last 24 hours and is currently trading at $6.41. For APT, the resistance levels are first at $6.73, followed by $7.47. The support levels are at $6.37 and, below this region, at $5.76.

Litecoin (LTC): The LTC/USDT pair has lost 6.6% in the last 24 hours and is currently trading at $70.40. For LTC, the resistance levels are first at $72.98, followed by $74.90. The support levels are at $67.32 and, below this region, at $63.18.

Worldcoin (WLD): The WLD/USDT pair has lost 6.38% in the last 24 hours and is currently trading at $2.33. For WLD, the resistance levels are first at $2.878, followed by $3.188. The support levels are at $2.071 and, below this region, at $1.820.

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According to a recent social media post of the Malaysia Digital Economy Corporation, interaction became attention with the purpose of MDEC’s programs, demonstrating an opportunity for partnership and, what is more, strategic development in Malaysia.

The meeting was also attended by Dato’ Mohd Nazri bin Kana, Director General of the Personal Data Protection Department; Ts. Mahadhir Aziz, CEO of Malaysia Digital Economy Corporation; and the Deputy General Secretary of the Ministry of Digital.

The session discussed “MDEC’s impactful programs, its defining role in growing the venture capital and start-up scene, and opportunities for collaboration, including strategy of expansion in Malaysia,” the article states.

During a previous 30-minute video call with the Malaysian government, Blania and CEO Sam Altman of OpenAI talked about many issues relating to the fast progress of technology.

While chatting, Altman and Blania discuss the advance of the Worldcoin project, which is to create an inclusive financial network that can be reached globally. The privacy and anonymity of the users have been the focus of the project’s most recent identification campaign.

Buterin’s Vision for Worldcoin

Worldcoin has been working hard to increase user data privacy, and Ethereum co-founder Vitalik Buterin has now recognized this.

Among Worldcoin’s co-founders, OpenAI’s Sam Altman and Buterin singled out Worldcoin for praise for the “quite a good job” it has done using cryptography to protect user privacy.

In Buterin’s view, the developers have been making great strides in responding to privacy concerns by making their system increasingly data-minimal.

The post Strategic Insights: Worldcoin’s Expansion Plans in Malaysia appeared first on Coin Engineer.

Worldcoin: Redefining Identity and Access

Inspired by OpenAI’s success, Worldcoin emerges as a groundbreaking initiative co-founded by Sam Altman. It envisions a future where everyone, regardless of background or location, can participate in the digital economy powered by AI.

Worldcoin (WLD): A Token for a New Era?

Worldcoin (WLD) is the native token of the Worldcoin ecosystem. It serves as a medium for transactions, purchases, and transfers within the platform. Here’s a breakdown of Worldcoin’s key components:

• World ID: A unique, blockchain-verified digital identity linked to your physical presence through iris scanning. This secure and private “IrisCode” aims to combat identity theft and ensure genuine human interaction online.
• Worldcoin Orb: A sophisticated device that scans users’ eyes to generate a World ID. This in-person verification process is crucial for creating a tamper-proof digital identity.
• World App: Your gateway to the Worldcoin platform. This mobile app stores your World ID, functions as a crypto wallet, and connects you to various DeFi applications.

How to Get WLD Tokens?

Unlike traditional cryptocurrencies, Worldcoin offers free WLD tokens to early adopters who sign up for a World ID. Here’s a step-by-step guide:

1. Download the World App: Available for iOS and Android, this app facilitates creating your World ID.
2. Locate a Worldcoin Operator: The World App helps you find nearby operators who assist with the in-person verification process.
3. Undergo Orb Verification: A Worldcoin Operator uses the Orb device to scan your irises. This painless process generates a unique iris code for your World ID.
4. Claim Your World ID: Upon successful verification, you’ll receive a secure and privacy-preserving digital identity.
5. Claim WLD Tokens (Optional): With a verified World ID, you can potentially access Worldcoin grants (where available) and participate in “Learn to Earn” programs within the World App to earn WLD tokens.

Worldcoin Orb Locations

Worldcoin Orbs are currently available in 18 countries, including Argentina, Brazil, France, Germany, India, Japan, and the United States. These locations allow individuals to register their biometrics and join the Worldcoin network.

In addition to permanent locations, Worldcoin also sets up pop-up stations at events and hotspots worldwide. Stay updated on the latest orb locations through the Worldcoin website and social media channels.

The Future of Worldcoin

Worldcoin presents a compelling vision for a more inclusive digital economy. By leveraging AI and blockchain technology, it aims to provide everyone with a secure and verifiable digital identity, unlocking opportunities for participation in the global financial system. WLD tokens play a crucial role in this ecosystem, facilitating transactions and rewarding early adopters.

Worldcoin‘s innovative approach has garnered significant investor interest, with the WLD token experiencing recent price surges. As the project continues to evolve, it’s worth keeping an eye on its potential to revolutionize digital identity and financial inclusion.

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South Korea Probes Worldcoin (WLD) Over Privacy Concerns

The PIPC has begun investigating Worldcoin (WLD) following complaints regarding the collection and processing of personal information, particularly related to facial and iris recognition. The probe, which commenced on February 29, is concerned about potential violations of the Personal Information Protection Act.

In a press release, PIPC revealed that Worldcoin affiliates are gathering facial and iris recognition information at roughly ten locations in South Korea. The commission plans to thoroughly investigate the collection, processing, and potential overseas transfer of sensitive personal data. If violations are confirmed, the data protection authority will take appropriate action in accordance with relevant laws and regulations.

Potential Impact on Price

The news of the investigation has had an immediate impact on Worldcoin’s price, resulting in a slight retreat after an initial 9% surge in the last 24 hours. This regulatory scrutiny coincides with Worldcoin’s increasing traction in the cryptocurrency market, highlighting potential risks associated with regulatory compliance and privacy concerns.

Worldcoin, co-founded by OpenAI CEO Sam Altman, utilizes iris scanning technology through the Orb device for verification purposes. Participants receive Worldcoin (WLD) tokens in exchange for signing up to the protocol. However, this unique sign-up process has raised concerns in various jurisdictions, with South Korea being the latest to address data privacy and protection issues.

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The investigation by South Korea’s privacy watchdog adds to the regulatory challenges faced by Worldcoin (WLD), emphasizing the importance of adhering to stringent privacy standards in the cryptocurrency space. As global regulators continue to scrutinize digital assets, projects like Worldcoin (WLD) must navigate a complex regulatory landscape to ensure compliance and maintain trust among investors and users.

As of writing, Worldcoin (WLD) ‘s price has increased by 4.17% in the last 24 hours to $8.03, with trading volume remaining near the flatline at $723.33 million. The token reached a high of $8.34 this morning before reversing its course following the news.

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