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Tag Archives: Worldcoin

Worldcoin Ordered to Halt Biometric Data Collection in Another Country: Report

Worldcoin is yet again under scrutiny due to its “proof of personhood” project in Europe, which seeks to expand its user base by having individuals verify their humanity through eyeball scans. As per the Worldcoin website, the project has over 4.5 million sign-ups from 120 countries. Worldcoin Ordered to Halt Biometric Data Collection According to Reuters, the Portugal data regulator, CNPD, has mandated Worldcoin to suspend its collection of personal data for 90 days. CNPD...

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Portugal Halts Sam Altman’s Worldcoin Biometric Data Collection amid Privacy Concerns

CoinspeakerPortugal Halts Sam Altman’s Worldcoin Biometric Data Collection amid Privacy Concerns With prominent venture capital firms backing Worldcoin, the project undoubtedly holds significant financial clout. However, the road to a universally adopted iris-scanning identity system appears to be riddled with regulatory roadblocks and privacy concerns. Portugal Halts Sam Altman’s Worldcoin Biometric Data Collection amid Privacy Concerns

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Spanish Regulator Orders Worldcoin to Halt Personal Data Collection

The Spanish data protection regulator, AEPD, has instructed Worldcoin to halt the collection of personal data in the country through scans and to refrain from utilizing any data already obtained. This precautionary action was announced on Wednesday after receiving numerous complaints regarding Worldcoin since last summer. These include concerns about the adequacy of information provided by the project regarding data processing, the gathering of data from minors, and the lack...

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3AC’s Investment in Worldcoin Seems to Pay Off for Creditors

An early investment in Worldcoin by the defunct crypto hedge fund Three Arrows Capital, otherwise known as 3AC, may prove profitable for creditors as the former’s token WLD recently reached a new all-time high (ATH), soaring nearly 200% in the last seven days. 3AC’s crypto portfolio currently holds 75 million WLD coins, making the company one of the largest investors in it. Worldcoin Investment Appreciates Following WLD Price Surge Three Arrows Capital was among the investors...

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Worldcoin (WLD) Price Surges Over 20% amidst Bitcoin Uptick, Crypto Whale Nets $2.5M Profit

CoinspeakerWorldcoin (WLD) Price Surges Over 20% amidst Bitcoin Uptick, Crypto Whale Nets $2.5M Profit The surge in WLD's price comes amid a broader uptick in the cryptocurrency market, with Bitcoin and Ethereum leading the way. Worldcoin (WLD) Price Surges Over 20% amidst Bitcoin Uptick, Crypto Whale Nets $2.5M Profit

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Worldcoin Project Faces Scrutiny Over Iris Recognition Registration in Hong Kong: Report

Worldcoin’s legal problems are far from over. Spearheaded by OpenAI, Sam Altman’s Worldcoin initiative continues to find itself embroiled in a privacy controversy as reports emerge of a probe launched by Hong Kong’s data protection authority. HKET, a local media outlet, disclosed that six Worldcoin booths were subjected to investigation under a court warrant, with authorities requesting pertinent documents and information. Worldcoin’s Data Handling Practices Under...

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