Tag Archives: Worldcoin

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...

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

CoinspeakerWorldcoin Opens Up Orb Software to Public The open-sourcing of the Orb software was accompanied by the launch of a new feature called "Personal Custody" on Worldcoin. Worldcoin Opens Up Orb Software to Public

CoinspeakerWorldcoin Asserts Legality in Operating Countries amid Spanish Ban Worldcoin's assertion comes amidst recent developments in Spain, where the country's financial watchdog, the National Securities Market Commission (CNMV), issued a ban on Worldcoin's operations. Worldcoin Asserts Legality in Operating Countries amid Spanish Ban

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...

CoinspeakerWorldcoin’s WLD Dips 6% after Elon Musk’s Lawsuit against OpenAI Musk argued that the launch of ChatGPT-4 represents a significant departure from OpenAI's core principles. Worldcoin’s WLD Dips 6% after Elon Musk’s Lawsuit against OpenAI

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...

CoinspeakerOpenAI’s Sora Launch Leads to Strong Rally in AI Tokens over Weekend The launch of OpenAI Sora last Friday has reignited the rally in AI tokens with Worldcoin leading the charge by registering ~200% gains over the last week. OpenAI’s Sora Launch Leads to Strong Rally in AI Tokens over Weekend

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

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...