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Web3 Daily | Worldcoin officially launched; X.com has linked to Twitter, and Musk and Twitter officials have changed their avatars to the 'X' logo.

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Important Cryptocurrency Industry News on July 24th Overview

Top News:

1. Worldcoin officially launched;

2. X.com has linked to Twitter, and Musk and the official Twitter account have changed their profile pictures to the "X" logo.

3. Cross-chain lending protocol The Granary will distribute airdrops to early users and LGE participants;

4. Data: The grayscale GBTC negative premium rate has narrowed to 27.07%;

5. Azuki's floor price has dropped below 5 ETH, hitting a new low for the year.


Worldcoin


Vitalik published an article on "Thoughts on Biometric Identity Proof", discussing Worldcoin's privacy and security issues.

Ethereum founder Vitalik Buterin has published a new article titled "What do I think about biometric proof of personhood?" in which he discusses the concept of biometric proof of personhood. He points out that this is a valuable but complex device that the Ethereum community has been working hard to build. He mentions some efforts to solve this problem, such as Proof of Humanity, BrightID, Idena, and Circles. He also specifically mentions a larger and more ambitious identity verification project: Worldcoin.


However, Worldcoin has also faced criticism for privacy and security issues with its "Orb," design issues with its "coin," and ethical concerns with some of the company's choices. Vitalik discusses these issues in detail in the article and presents arguments to help readers decide whether to accept this new biometric identity verification method, as well as whether to accept alternative solutions based on social graph-based identity verification or completely abandoning identity verification.


World App unverified iris users can still pre-receive 25 WLD

According to the data on the World App page, the Genesis Grant round has opened for claiming from July 24th to July 31st. Unverified iris users can still pre-claim 25 WLD, which will be reserved for 365 days. Pre-claimed users can transfer WLD tokens after completing iris verification. As of the time of writing, 3,703 users have completed pre-claiming, and the maximum number of pre-claimed users is 1 million; 3,405 users have completed claiming.


Worldcoin Data: Over 63% of Pre-Launch Users in Asia and Africa, Less Than 20% in Europe

According to the official white paper, the pre-launch phase of the Worldcoin project is from May 2021 to July 2023. During this period, over 2 million people in more than 30 different countries have verified their World ID on Orb, with 32.1% of users from Asia, 31.6% from Africa, 18.8% from Latin America, 17.1% from Europe, and less than 0.1% from other regions. Worldcoin announced the launch of 1500 Orbs after its launch to meet the global demand for World ID.


Worldcoin has announced its token economics, with 75% allocated to the Worldcoin community.

According to the official white paper, the initial supply limit of governance token WLD for Worldcoin is 10 billion, of which 75% is allocated to the Worldcoin community, with most of the tokens being distributed to users, and some tokens being allocated to the ecological fund and network operation; 9.8% is allocated to the initial development team; 13.5% is allocated to Tools for Humanity investors; and the remaining 1.7% will be reserved for Tools for Humanity. In addition, the maximum circulating supply of WLD at launch is 143 million, of which 43 million WLD will be distributed to users who have been verified through Orb during the project pre-launch phase, and 100 million WLD will be loaned to market makers outside the United States.


WLD rose to $2.79 before falling back, now trading at $1.8396

According to market data, Worldcoin (WLD) surged to a high of $2.79 after its launch and has now fallen to a current price of $1.8396 USD.


Worldcoin protocol has been launched on the OP mainnet.

The Worldcoin protocol has officially launched after migrating to the OP (formerly Optimism) mainnet. According to optimistic.etherscan data, the current maximum total supply of WLD-Optimism is 175,500,064 WLD, with 94,214 holding addresses. The contract address for WLD-Optimism is 0xdc6ff44d5d932cbd77b52e5612ba0529dc6226f1.


Introducing World App NFT 地板价升至 0.02ETH,24 小时交易量增幅达 1985.3%

Translation:

Introducing World App NFT, floor price rises to 0.02ETH, with a 24-hour trading volume increase of 1985.3%

According to Blur market information, the floor price of Introducing World App NFT has risen to 0.02 ETH, with a 24-hour increase of 185.76% and a 24-hour trading volume increase of 1985.3%.


Worldcoin (WLD) token contract address has been announced, with a total supply of 10 billion tokens.

According to the information provided by the WLD token recharge window on the OKX platform, the Worldcoin (WLD) token contract address has been announced. The WLD-ERC20 contract address is 0x163f8c2467924be0ae7b5347228cabf260318753, and the WLD-Optimism contract address is 0xdc6ff44d5d932cbd77b52e5612ba0529dc6226f1. According to Etherscan data, the WLD-ERC20 token started minting 6 days ago, and there have been multiple large transfer records on the chain. The maximum supply of WLD-ERC20 is 10,000,000,000, and there are currently 22 holding addresses and a total of 160 transfers. The Optimism Gateway (Optimism's native bridging address) has received 166,000,054 WLD, which is the current maximum supply of WLD-Optimism.


Worldcoin releases Sam Altman-signed open letter, WLD officially launches

Worldcoin has released a public letter signed by Sam Altman, announcing the official launch of WLD. For over three years, Worldcoin has aimed to create a new identity and financial network that is accessible to everyone. Today, Worldcoin is being launched and if successful, it will significantly increase economic opportunities, provide a reliable solution for distinguishing between artificial intelligence and humans, protect privacy, promote global democracy, and ultimately, potentially pave the way for a global basic income funded by artificial intelligence (AI-funded UBI). Worldcoin includes a privacy-protected digital identity (WorldID) and digital currency (WLD).


Worldcoin related reading:

《OpenAI founder's new project officially launched: making AI more human-like, and letting humans prove themselves as humans》

"Detailed explanation of Worldcoin white paper: How are WLD tokens allocated and released?"

《CoinFund: Why We Invest in Worldcoin?》

"Worldcoin will increase the global Orb supply to 1500 units to meet the demand for World ID."

"OpenAI founder's handwriting: The development process of Worldcoin will be full of challenges"


Project Updates


闪电网络协议 OmniBOLT 将于 Q4 推出全球收银台服务

Translation:

Lightning Network protocol OmniBOLT will launch global cash register services in Q4

The stablecoin lightning network protocol OmniBOLT is expected to launch a global checkout service in the fourth quarter of this year, targeting cross-border and cross-domain merchants, to help users solve many difficulties such as "difficulties in receiving payments, low efficiency, high risk, expensive fees, and serious exchange losses". The global checkout of OmniBOLT has practical functions such as "bill collection, collection and payment on behalf of others, offline clearing, and online real-time settlement", helping merchants to have 24*7 global payment capabilities.


NFT liquidity protocol Midaswap will hold a Twitter Space with Linea at 21:00

The decentralized NFT liquidity protocol MidaSwap will hold a Twitter Space with ConsenSys' zkEVM Linea at 21:00 today to discuss Linea's plans for NFT & GameFi. MidaSwap is a liquidity protocol that supports the creation of trading pairs for any NFT and erc20 assets, and allows for the purchase of NFTs with any token.


Twitter official account has changed its profile picture to X Logo.

According to the official Twitter account page, the account has changed its profile picture to the X Logo and the account ID has been set to "X". BlockBeats reported yesterday that Musk said the Twitter brand will gradually say goodbye to the "blue bird" image and will be replaced by the X logo.


马斯克将个人推特账号头像改为「X」Logo translates to:

Musk changes personal Twitter account profile picture to "X" logo.

Elon Musk has changed his personal Twitter account profile picture to the "X" logo. BlockBeats previously reported that on July 22nd, Musk stated on Twitter that X.com was linked to Twitter and that a temporary X logo would be launched today. Musk had previously stated that the Twitter brand would gradually move away from the "blue bird" image and be replaced by the X logo.


Musk: Temporary X logo to go live today, X.com now linked to Twitter

Elon Musk announced on Twitter that X.com has linked to Twitter and will launch a temporary X logo today. BlockBeats reported yesterday that Musk said the Twitter brand will gradually say goodbye to the "blue bird" image and will be replaced by the X logo. He also said that if there is a good enough X logo tonight, the new logo will be launched globally tomorrow.


Nervos CKB ecosystem integrated development framework Kuai released Alpha versionAccording to official sources, the Nervos CKB integrated development framework "Kuai" has recently released its Alpha version, providing developers with detailed documentation and demo samples. Kuai is designed specifically for Nervos CKB, covering general application development patterns, convenient development scaffolding, best practice application structure, and development manuals, aiming to simplify the development process and lower the development threshold. Developers can now use Kuai to build smart contracts on the CKB chain, interact with smart contracts, and achieve efficient application development.


CoinGecko has added the Animal Racing token section.

Cryptocurrency data analysis website CoinGecko has added an Animal Racing token section, which currently includes four tokens: HAMS, DBY, SLIME, and ZED RUN. As of the time of writing, the market value of Animal Racing tokens has exceeded $11 million, with a 24-hour trading volume of over $14 million.


The Granary, a cross-chain lending protocol, will distribute airdrops to early users and LGE participants.According to official sources, cross-chain lending protocol The Granary has announced an airdrop for early users and LGE participants. The list of eligible users will be released on Monday, and the airdrop application will open on July 28th. The total amount of the airdrop will account for 2% of the total token supply.


Avalanche Hackathon 2023 (Hong Kong) officially launched

According to official sources, the Avalanche Hackathon (Hong Kong) has officially launched. The event is organized by Blockchain Academy and supported by Avalanche, with the aim of expanding the Avalanche ecosystem. During the hackathon, participants are free to develop projects at their convenience and will be invited to attend Web3 workshops and Office Hours. The registration deadline is August 21st.


dYdX: No token airdrops or incentive news related to dYdX v4 public testnet have been released

The dYdX Foundation stated on its social media platform that there has been no news regarding token airdrops or incentives related to dYdX v4 public testnet released by dYdX. Please beware of fraudulent information.


Decentralized Ethereum staking infrastructure ssv.network is about to launch the second phase of its mainnet.

Decentralized Ethereum staking infrastructure ssv.network announced that the second phase of its mainnet, "Limited Launch," is about to begin. This phase will achieve exponential SSV network expansion by introducing verified operators.


Data


In the past hour, the entire network has liquidated $85.48 million.

According to Coinglass data, the entire network has liquidated $144 million in the past 24 hours, and $85.48 million in the past hour. Among them, Bitcoin liquidated $31.1 million and Ethereum liquidated $9.59 million.


Bitcoin falls below $29,000 in the short term, with a 24-hour decline of 2.51%

According to OKX market data, Bitcoin briefly fell below $29,000 and is currently trading at $29,146.6, with a 24-hour decline of 2.51%.


Cryptorank: Bitget LaunchPad ranks first in average investment return rate among 2023 CEX, followed by OKX and Kucoin in second place

The CryptoRand, a data aggregation and analysis platform for the cryptocurrency market, released the average return on investment (ATH Average ROI) for the Top 10 LaunchPad trading platforms in 2023 on July 21. Bitget ranked first with an average ROI of 41.9x, while OKX and Kucoin ranked second with an average ROI of 35.6x. Bybit ranked third with an average ROI of 33.3x, and Binance ranked fourth with an average ROI of 30x.


Data: Less than 9 days left until Litecoin block reward halvingAccording to Litecoinhalving data, the Litecoin (LTC) block reward halving is expected to occur on August 2, 2023, with less than 9 days remaining. At that time, the block reward will decrease from 12.5 LTC to 6.25 LTC. According to OKX market data, LTC is currently priced at $92.34 with a 24-hour increase of 0.2%.


Data: Grayscale GBTC negative premium rate has narrowed to 27.07%

Coinglass data shows that the current premium rate of Grayscale Bitcoin Trust Fund (GBTC) is 27.07%; the premium rate of ETH Trust is 36.92%. In addition, the premium rate of ETC Trust is 51.19%, LTC Trust is 32.21%, and BCH Trust is 15.57%.


UNIBOT short-term breakthrough $150, 24-hour increase of 42%According to market data, the Bot token UNIBOT has surged to $150 in a short period of time, and is currently priced at $142.5, with a 24-hour increase of 42.1%. Note from BlockBeats: Meme coin prices are highly volatile, and most coins can only maintain a certain level of popularity for a short period of time. Investors should be aware of the risks and manage their personal assets properly.


A dormant Bitcoin whale transferred 1037 Bitcoins after 11 years, with a floating profit of over $30 million.

BlockBeats News, according to Lookonchain monitoring, a dormant Bitcoin wallet transferred 1037 Bitcoins on July 22. Analysis shows that the whale acquired the Bitcoins at a price of $4.92. Based on the current Bitcoin price, the whale has already made a profit of over $30 million.


Data: Linea mainnet has crossed over 10,000 ETH, with over 58,000 interaction addresses

According to data from Dune, Linea's mainnet has crossed 10,921 ETH with a total of 64,604 transactions and 58,344 interacting addresses. BlockBeats previously reported that on July 18th, Linea, an Ethereum Layer 2 solution launched by ConsenSys, announced the opening of access to the Linea mainnet Alpha version to the entire community.


This week's unlocked data overview: OP worth over $38 million will be unlocked this week

Token Unlocks data shows that 5 encryption projects will unlock tokens this week, with a total value of over $38 million. OP will be unlocked this week. At 8:00 on July 25th, Acala will unlock 4.66 million ACA (about $320,000), accounting for 0.6% of the circulating supply; at 22:00 on July 27th, Yield Guild Games will unlock 13.02 million YGG (about $2.16 million), accounting for 7.04% of the circulating supply; at 8:00 on July 28th, SingularityNET will unlock 9.97 million AGIX (about $2.34 million), accounting for 0.81% of the circulating supply; at 20:00 on July 29th, Galxe will unlock 586,670 GAL (about $750,000), accounting for 1.26% of the circulating supply; at 12:00 on July 30th, Optimism will unlock 24.16 million OP (about $38.17 million), accounting for 3.56% of the circulating supply.


Data: zkSync Era TVL falls below $500 million, with a 7-day decline of over 18%According to L2BEAT data, zkSync Era TVL has dropped below $500 million and is now at $473 million, with a 7-day decline of 18.13%; Starknet TVL has risen to $126 million, with a 7-day increase of 31.96%.


Azuki floor price falls below 5 ETH, hitting a new low for the yearAccording to the market information from Blur, the floor price of Azuki has dropped below 5 ETH, hitting a new low for this year. As of the time of writing, its floor price is 4.859 ETH, with a 7-day decline of 20.71%.


Bitcoin rebounds and briefly breaks $30,000According to OKX market data, Bitcoin rebounded and briefly broke through $30,000, currently priced at $29,969 with a 24-hour increase of 0.25%.


Funding


Web3 digital music project Hibiki Run receives million-dollar seed round financing led by Synergis Capital, with participation from NEAR Foundation and BitMart

The Web3 digital music project Hibiki Run has completed a million-dollar seed round of financing, with participating institutions and individual investors including Synergis Capital, NEAR Foundation, BitMart, TKX Capital, String Capital, Gravity Venture Capital, Yi Lu (co-founder of Weibo), AAG Ventures, FutureMoney Group, etc. The funds raised in this round will be used to accelerate the project's research and development and growth.


UniSat Wallet may raise funds at a valuation of $50 million and is in communication with Binance Labs.

According to Wu Shuo's report, the Bitcoin engraved wallet UniSat Wallet is raising funds with a valuation of 50 million US dollars. Some investors have already been confirmed and are in communication with Binance Labs. BlockBeats has asked the UniSat Wallet team about this matter, but they have not commented yet.


Regulation


Coinbase and the SEC's key document submission deadline for the lawsuit has been announced.


On the other hand, SEC needs to submit its legal summary by October 3, outlining its arguments and evidence. Relevant parties supporting SEC can submit amicus briefs to the court by October 10, with a maximum of 20 pages. After SEC submits its legal summary, the court allows Coinbase to submit a response summary by October 24, with a limit of 15 pages, in which Coinbase can directly respond to SEC's arguments and evidence.


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