According to Reuters, the Worldcoin’s headquarters in France’s capital city has been subject to “checks” by the National Commission on Informatics and Liberty (CNIL). These occur at a time when regulatory pressure is mounting throughout the world on the crypto project. CNIL is an independent French government agency responsible for
Around 47% of Worldcoin’s (WLD) price has been wiped out in the last 30 days due to regulatory worries. Data from CMC shows that the price is now trading at $1.27 and is down 4.27% in the last 24 hours. Since the introduction of Worldcoin, authorities from all around the
On Friday, Sam Altman’s Worldcoin announced a new feature that would enable anybody to reserve Worldcoin (WLD) tokens without first proving their identity. Due to privacy and security concerns, the crypto industry was initially reluctant to support Worldcoin, despite the company’s stated goal of creating the largest identification and financial
According to a Reuters article, Worldcoin intends to increase its presence in the market by making its iris-scanning and identity verification technology available to governments and corporations. According to the article, Ricardo Macieira, general manager for Europe at Tools For Humanity (the firm behind the Worldcoin initiative), said that the
On Wednesday, the Kenyan Ministry of the Interior announced on its Facebook page that it had suspended activities of Worldcoin, while the country’s financial, security, and data protection services investigated the legality and data security of the project. The Ministry stated: “The Government is concerned by the ongoing activities of
As criticism of Worldcoin’s data-gathering tactics grows, the company disclosed its audit results on July 28. Nethermind and Least Authority, two security consulting organizations, undertook the latest research. Worldcoin said that Nethermind discovered 26 security flaws in the protocol. 24 of which were “identified as fixed” during verification, with one
Worldcoin (WLD), a digital identity-based cryptocurrency project created by ChatGPT co-founder Sam Altman, is apparently under investigation by French authorities. Concerns about the Worldcoin project’s acquisition of biometric data have prompted the investigation. Worldcoin’s long-term goal is to develop an individual-empowerment-focused digital identification platform based on biometric data, including iris
The newly launched “Iris biometric crypto project, Worldcoin,” founded by OpenAI CEO Sam Altman, has been generating a lot of buzz in the digital world. It aims to differentiate humans from online AI while safeguarding privacy, empowering democratic processes, and potentially introducing AI-supported UBI. Despite the decent welcome, the project
Ramp is the first global crypto on-ramp provider that offers direct Worldcoin (WLD) purchases. The fintech company is excited to announce that, with the exception of the United States, they are the first crypto on-ramp provider to provide Worldcoin (WLD) direct purchases to consumers globally. Customers may now purchase Worldcoin
The much-awaited crypto project Worldcoin, co-founded by OpenAI CEO Sam Altman, is officially launched on July 24, confirmed the team. After the announcement, the crypto exchange Binance announced the listing of the Worldcoin (WLD) token. #Binance will list @worldcoin $WLD. 👉 https://t.co/WmsuRY8YJc pic.twitter.com/7Bja3w7kxF — Binance (@binance) July 24, 2023 The
