- Chief Technology Officer Mira Murati has been promoted to the position of interim CEO.
- At the time of writing, WLD is trading at $1.91, down 12.91% in the last 24 hours.
As per data from CoinMarketCap the price of the WLD token, which is tied to the Worldcoin project, fell by 13% after the news of co-founder Sam Altman’s resignation from OpenAI was made public. After an evaluation, the OpenAI board decided to remove Altman as CEO due to insufficient openness in their communications. As a result, the board no longer had faith in his ability to lead.
According to the latest information released by the organization, Chief Technology Officer Mira Murati has been promoted to the position of interim CEO. Since Mira has been a part of OpenAI’s leadership team for as long as five years, she is an obvious pick for the interim role.
Significant Reaction to Exit
At the time of writing, WLD is trading at $1.91, down 12.91% in the last 24 hours. Moreover, the trading volume is up 13.28%. Despite the sudden nosedive the price is still up 19.91% in the last 30 days.
WLD has fallen 42% from its all-time high of $3.30 reached in July, when Worldcoin first emerged from beta. The wider market for AI coins and tokens didn’t seem to be affected by Altman’s departure.
Tools for Humanity, with offices in San Francisco and Berlin, created Worldcoin, a biometric cryptocurrency. Sam Altman, a co-founder of OpenAI, together with Max Novendstern and Alex Blania launched the company in 2019 with funding from Andreessen Horowitz.
Despite strong opposition from privacy activists, Worldcoin emerged from beta in July 2023. Several nations, however, had problems with Worldcoin scanning citizens’ irises with silver orbs. Kenya stopped accepting new participants out of fear for their safety and their privacy. However, the United Kingdom, Germany, and France have all cast doubt on the concept and several initiated enquiry against the practices.
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