Worldcoin’s developers previously probed senior executives over embezzlement and token price manipulation, while its Thai partner is suspected of being a wanted fraudster.

According to Bitget market data, US crude oil and Brent crude oil rose 1% on the day, currently trading at $71.11 per barrel and $74.14 per barrel respectively.

According to Bitget market data, the US stock market saw a "sell the news" move after today’s opening. The Nasdaq 100 index turned from gains to losses within 30 minutes, widening its decline to over 1% after earlier rising as much as 2.1%. Its constituent stocks: Strategy fell 7.1%, Applovin dropped 6.3%, Rocket Lab declined 6%, Apple slid 5.1% (ranking fourth from the bottom), while Arm Holdings, Marvell Technology, and NVIDIA all fell by at least 2.9%. Storage stocks held firm: Western Digital rose 3.6%, Micron gained 8.6%, and SanDisk jumped 10.6%.

According to Bitget market data, alongside Bitcoin’s sharp decline, both Strategy and its STRC have dropped over 7%: MSTR is down 7.84%, STRC is down 8.2%, currently trading at $74.25. STRC is a preferred stock issued by Strategy to raise funds for Bitcoin purchases, with a face value roughly pegged at $100. It offers high dividends, with its dividend rate adjusted based on price conditions to aim for trading as close to par as possible. STRC’s significant de-pegging signals that the market is demanding higher yields, and also reflects investors’ waning confidence in its credit and dividend stability. Strategy previously relied heavily on issuing STRC to raise capital for Bitcoin buys; if STRC trades below par, issuing new STRC would no longer be cost-effective for the company, effectively meaning borrowing at a higher cost. As a result, its ability to continue purchasing Bitcoin will be weakened.

According to HTX market data, Bitcoin has fallen below $59,000, dropping nearly 4% since the U.S. stock market opened, and is currently trading at $58,894.23.

According to Bitget market data, U.S. stock gains narrowed, with some indexes turning negative. The S&P 500 fell 0.03%, the Nasdaq dropped 0.62%, while the Dow Jones Industrial Average was last up 0.44%. Apple’s losses widened to 5%, and Dell’s shares declined 9.3%.

According to HTX market data, Bitcoin once again fell below $60,000 after the US stock market opened, dropping over 2% in the past hour and currently trading at $59,757.99. Separately, Coinglass data shows that $102 million in liquidations occurred across the crypto network in the past hour, with long positions accounting for the majority of liquidations.