WLD Financial News

As Sam Altman’s OpenAI fuels big market moves, Worldcoin (Altman’s decentralized identity project) has dumped down -11%.

Worldcoin ($WLD), the blockchain project helmed by OpenAI’s Sam Altman, has fallen nearly 20% in the last two weeks and 6.4% overnight despite other leading cryptocurrencies posting green candles.

Worldcoin’s price has jumped by 16% in the past 24 hours, sparking excitement from the crypto world.

In a major move for Sam Altman’s crypto project, Worldcoin, WLD price has surged amid market excitement over OpenAI’s AI-powered video generation service Sora.

Worldcoin (WLD), the crypto project helmed by OpenAI CEO Sam Altman, has shot up a blistering 34% in the last 24 hours to trade at $7.30 as of this writing. This means that Worldcoin is now 185% higher than it was this time last week.

Worldcoin’s valuation has shown a robust recovery from a recent slump, with the price rallying as Sam Altman continues in his role as chairman of Tools for Humanity, the developer behind the cryptocurrency.

Worldcoin (WLD) price has tumbled -6.2% as traders take a quick exit on the iris biometric-linked decentralized identity token – leaving some bag-holders asking ‘is Worldcoin going to zero’?

Eyeball-scanning cryptocurrency project Worldcoin, co-founded by Sam Altman, announced Sunday that the project operators would receive rewards in its native coin WLD, instead of USD Coin (USDC) stablecoins.

The controversial iris-scanning crypto project Worldcoin is now allowing unverified users to reserve their Worldcoin (WLD) tokens.

Worldcoin has no problem attracting eyeballs. More than 2.2 million people have signed up, getting their irises scanned in exchange for a digital ID and, in some countries, free crypto. The new project from ChatGPT founder Sam Altman aims to create a blockchain-based «identity and financial network». Its native coin WLD has kept a steady price between $2 and $2.50 since its launch on July 24, thus far spared the «pump-and-dump» trajectory of many new crypto tokens. The investor jury is out on Worldcoin's prospects, according to Gordon Grant, co-head of trading at Genesis Trading, which isn't offering the token to clients yet. «There are folks that have really taken a view about this project, both with the positive and negative side,» he said.

European regulators, including the French National Commission on Informatics and Liberty (CNIL) and the Bavarian state authority in Germany, are raising legal concerns about Worldcoin's data collection methods.