News

Foresight News reported that World published an article stating that World ID 4.0 introduces a fee system whereby credential issuers (such as the World Foundation) and the protocol layer can charge applications for using Proof of Human credentials, while keeping end users completely free of charge. The fee model includes credential issuer fees (set by the issuer) and protocol base fees. Applications can pay via a pre-funded wallet; Web3 native applications can pay directly on-chain, and Web2 platforms can settle in fiat currency through third parties. This mechanism aims to create sustainable revenue for the World protocol and credential issuers, forming a positive growth cycle.

According to ChainCatcher, citing GMGN data, the top 5 tokens with the highest KOL net inflows in the past 24 hours are as follows: 1. CAR (817n....ump): Net inflow of 2 thousand US dollars, up 700.6% in the past 24 hours, currently at $0.0001. 2. BP (BPxx....PCy): Net inflow of 1 thousand US dollars, up 5.3% in the past 24 hours, currently at $0.1482. 3. PNP (4tsg....rrr): Net inflow of 1 thousand US dollars, up 234.1% in the past 24 hours, currently at $0.0001. 4. Marmot (6hh1....rrr): Net inflow of 878 US dollars, up 902.6% in the past 24 hours, currently at $0.0008. 5. Goose (3cjk....ump): Net inflow of 799 US dollars, up 89.8% in the past 24 hours, currently at $0.0001.

TeraWulf, a Nasdaq-listed Bitcoin mining company, announced that it has completed the previously announced public offering of 54,510,000 shares of common stock at a price of $19.00 per share, raising a total of $1,035,690,000. Morgan Stanley acted as the lead underwriter for this offering, while Bank of America Securities, Citigroup, TD Cowen, and Wells Fargo Securities served as co-managers. Citizens Capital Markets and Santander Bank acted as sub-underwriters, and Cantor Fitzgerald served as the equity capital markets advisor.