Worldcoin has launched a gas-free crypto wallet for verified humans called "World App". The wallet uses the project's "World ID" system to distinguish between humans and bots, and users must register for a World ID to take advantage of gas-free transfers. The app currently runs on the Polygon network and allows users to hold and transfer various cryptocurrencies. Worldcoin has partnered with regulated crypto exchanges to offer onboarding and offboarding within the wallet. The wallet was created to offer a simple option for inexperienced crypto users.
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Worldcoin Launches Gas-Free Crypto Wallet for Verified Humans
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Cointime August 4 News Express
1.Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX -
Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX
According to the monitoring of on-chain analyst Yu Jin, Jump Trading may be selling ETH: they are currently redeeming a wstETH (120,000 pieces) worth $410 million in batches into ETH and then transferring it to exchanges such as Binance/OKX. So far, they have unpacked and redeemed 83,000 wstETH into 97,500 ETH in the 9 days since July 25. Among them, 66,000 ETH (191.4 million US dollars) have entered the exchange.At present, there are still 37,600 wstETH in their wstETH storage address that have not been transferred out; 11,500 stETH in the redemption ETH address is being redeemed into ETH; and 20,000 ETH in the ETH transfer address to the exchange are waiting to enter the exchange in batches. -
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