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WorldCoin Team Deposits 1,318 WLD to Coinbase, Odaily Reports

According to Odaily, blockchain tracker Onchain Lens said the WorldCoin team moved WLD tokens valued at $3.09 million to Coinbase, a major crypto exchange.

WLD

Summary

Odaily reported that blockchain monitoring service Onchain Lens tracked a transfer by the WorldCoin team to Coinbase. The reported deposit involved 1,318 WLD, the native token of WorldCoin, and was valued at $3.09 million. A deposit to Coinbase, a centralized crypto exchange, typically indicates tokens were moved onto an exchange platform, although the report did not state the reason for the transfer.

Terms & Concepts
  • WLD: WLD is the native token of WorldCoin, a crypto project token used within its ecosystem.
  • Onchain Lens: Onchain Lens is a blockchain monitoring service that tracks wallet activity and token transfers on public ledgers.
  • On-chain monitoring: On-chain monitoring means tracking blockchain transactions directly from publicly visible ledger data.