Oracle news pumps Worldcoin
Last Updated on 12 September 2025 by CryptoTips.eu
There were seismic price increases on both the stock market and the crypto markets earlier this week. Oracle’s latest results ensured that founder Larry Ellison became the richest man in the world as his company’s share price rose 35%. This also had repercussions for the crypto market. Worldcoin, the digital currency created by Sam Altman (CEO of OpenAI) rose 100% thanks to a deal with Oracle. Worldcoin is finally looking forward to another positive month.
Thiel
Tools for Humanity, the company of Sam Altman (CEO of OpenAI, the company behind ChatGPT), wants to scan the eyes of everyone in the world and then give users a “basic universal income” through a digital currency (called Worldcoin).
Using a scan of your iris, made by such an “Orb,” Worldcoin hopes to create a kind of digital passport for all of humanity. If everyone in the world could be recognized by computers, it will become easier to pay everyone a “universal basic income” and have computers (as well as robots) do all the work. That’s the theory.
Breaking news: Sam Altman just signed a $300 billion computing deal with Oracle—one of the largest in history
— Founder of WLD Coin Alliance (@WLD100X) September 11, 2025
He's not just building AI, he's building the infrastructure for humanity's future
💠 Worldcoin is his global identity layer.
Do you still think it's "just another coin pic.twitter.com/E9PML45uYQ
That may seem far-fetched, but billionaires and OpenAI fans do see the potential.
Earlier this week, Reuters reported that OpenAI had signed a contract to buy $300 billion worth of computing power from Oracle over the next five years. This news follows confirmation from Bitmine, the world’s largest Ethereum treasury company (in which Facebook founder Peter Thiel is a major investor) plans a strategic investment in the first-ever creation of a strategic Worldcoin reserve.