Worldcoin Financial News

22.08 / 09:59

Provident Digital Citizens CEO Action Worldcoin committee Kenyan Government Forms Committee to Investigate Worldcoin Crypto Project

The Kenyan government has formed a 15-member parliamentary committee to investigate the contentious Worldcoin project.

21.08 / 12:27

Blockchain regulation Worldcoin Parliamentary Committee committee Kenya forms parliamentary committee to investigate Worldcoin

The Worldcoin cryptocurrency project has run into another roadblock — this time in Kenya, where the government has formed a 15-member parliamentary committee to investigate the controversial asset.

12.08 / 07:21

Silicon Valley Worldcoin Worldcoin scans eyeballs and offers crypto. What to know about the project from OpenAI's CEO

Worldcoin is drawing the attention of privacy regulators around the world, with the Kenya's government going so far as to shut down the service indefinitely. The international ID startup, backed by big names in Silicon Valley, is now having to defend itself in investigations over whether the biometric data that the company is collecting is truly secure. Here's what to know about Worldcoin and the concerns its raising: WHAT IS WORLDCOIN? Worldcoin is the creation of Sam Altman, best known as the CEO of OpenAI, the company that has gained widespread recognition with its artificial intelligence chatbot ChatGPT.

11.08 / 16:09

crypto regulation Worldcoin WLD Worldcoin Extends WLD Reservation Access to Unverified Users

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

11.08 / 13:55

Blockchain regulation privacy Worldcoin Worldcoin opens up WLD reservations for unverified users

The iris-scanning crypto project Worldcoin has now made it possible for even unverified customers to reserve their Worldcoin (WLD) tokens.

11.08 / 07:13

CoinShares Cryptoverse Genesis Trading Worldcoin WLD Cryptoverse: All eyes on ChatGPT-maker's Worldcoin

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.

10.08 / 22:03

regulation privacy Worldcoin Agency Argentine agency opens investigation into Worldcoin over biometric data

Authorities in Argentina have become the latest government officials to probe cryptocurrency project Worldcoin over privacy concerns.

07.08 / 12:15

Blockchain identity Worldcoin Worldcoin expects more companies to integrate in the coming months, says product head

Worldcoin has been in the spotlight since its launch on July 24, with users lining up to scan their irises for a digital ID and others questioning its methods for collecting data.

07.08 / 05:01

business Tether Celsius Worldcoin Weekend Weekend Wrap: Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more

The former chief executive of crypto lending platform Celsius Network, Alex Mashinsky is back on track to face a civil fraud lawsuit after a Supreme Court judge denied his motion to dismiss the case.

05.08 / 09:07

Blockchain Twitter Action Worldcoin stage cover vulnerability blockchain security firm Blockchain Security Firm CertiK Reveals Vulnerability in Worldcoin Protocol Allowing Unverified Orb Operator Access

Blockchain security firm CertiK has disclosed a vulnerability in the Worldcoin protocol that allowed unauthorized access for an Orb operator.

04.08 / 21:17

business MicroStrategy Worldcoin open Crypto Biz: Worldcoin plans to open source data, MicroStrategy preps for BTC halving, and more

The launch of the controversial digital ID crypto project, Worldcoin, has stirred up a wave of attention and debate. Led by Sam Altman, the CEO of OpenAI, Worldcoin made headlines with its promise to introduce a futuristic digital identity system based on iris scanning, differentiating humans from artificial intelligence (AI) entities.

04.08 / 19:01

Adoption wallet privacy Cybersecurity security Worldcoin vulnerability Worldcoin’s Orb had serious security vulnerability in operator onboarding: CertiK

The controversial Worldcoin project had a serious security vulnerability, CertiK has disclosed on X (formerly known as Twitter). Worldcoin pays people to become part of its World ID ecosystem by submitting scans of their irises through a device Worldcoin calls an Orb.

03.08 / 18:51

business privacy Analysis Opinion Worldcoin Sam Worldcoin: Should you let Sam Altman scan your eyeballs for WLD?

OpenAI founder Sam Altman launched Worldcoin in July, a cryptocurrency token offered to people willing to share their biometric data by scanning their eyeballs with an Orb, seeking to link real-world identity with decentralized blockchain identity. Many aspects of the project embody the dystopian nightmare that the cypherpunks created Bitcoin (BTC) and other cryptocurrencies in order to avoid.

03.08 / 11:53

Regulations Worldcoin open WorldCoin to Open its ID System for Government and Private Companies: Report

Sam Altman co-founded tech firm WorldCoin is extending its reach by enabling governments and private businesses to leverage its controversial iris-scanning and identity-verification technology, Reuters reported.

02.08 / 13:55

business Government identity Worldcoin businesses Worldcoin to allow government and businesses to use ID system: Report

Worldcoin plans to expand its operations to allow governments and businesses to utilize its iris-scanning and identity-verifying technology in an effort to sign up more users, according to a Reuters report.

02.08 / 10:13

regulation Worldcoin Kenya Suspends WorldCoin Operations, Launches Investigation For Collecting Public Data

The Ministry of Interior of Kenya has suspended the operations of Sam Altman’s WorldCoin and launched an investigation into the company for collecting public data.

02.08 / 08:39

Government regulation Altcoin Africa Worldcoin Worldcoin cryptocurrency project suspended in Kenya

The new cryptocurrency and digital identity project, Worldcoin, is facing a rough start in Kenya, with the government halting all local activity associated with it.

31.07 / 19:05

Law regulation crimes Worldcoin German Government German government watchdog launched Worldcoin probe in November 2022: Report

The Bavarian State Office for Data Protection Supervision, or BayLDA, reportedly began an investigation into human identity verification project Worldcoin based on concerns over biometric data.

29.07 / 00:43

Legal Worldcoin WLD French Privacy Watchdog Raises Concerns Over Worldcoin's Data Collection; Collaborating with Germany for Investigation

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.

28.07 / 21:53

Technology defi privacy Analysis Opinion Worldcoin Worldcoin is making reality look like a lot like Black Mirror

Scanning your iris to become a “verified human” in exchange for digital currency sounds like a Black Mirror episode. But this is not the story arc of a dystopian science fiction show — it’s happening now with one of the latest projects in Web3.

28.07 / 14:01

business regulation data ChatGPT Worldcoin French privacy watchdog questions Worldcoin's data collection method: Report

The French data protection agency, also called the Commission Nationale Informatique & Libertés (CNIL), is reportedly questioning the legality of data collection methods conducted by Worldcoin, according to a Reuters report.

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