Category: Identity

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Sam Altman’s Worldcoin Debuts in Germany, Incorporates Okta for Enhanced Identity Management

Sam Altman’s Worldcoin is integrating with one of the world’s largest identity management platforms and is launching a new identity protocol in Germany. This is according to the company’s press release, shared with Cryptonews earlier this week. As per the anouncement, Worldcoin has now integrated with Okta and is launching World ID, the project’s identity…
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Bitcoin can bring ’cause and consequence into cyberspace’, boost security — Michael Saylor

During an interview, Michael Saylor discussed how crypto networks like Bitcoin can promote security and combat digital trust issues. Bitcoin may be the answer to combat cybersecurity threats driven by artificial intelligence, such as deepfake, said Michael Saylor, executive chairman of MicroStrategy, during a recent interview with Kitco News. Saylor illustrated his views using social…
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Federal Reserve’s FedNow will integrate with Metal Blockchain

The integration will allow users to instantly convert cash to stablecoin for use in DeFi protocols. The Federal Reserve’s forthcoming instant payment service FedNow will be integrated with Metal Blockchain, according to a May 11 announcement from the Metal Blockchain team. The announcement said that the integration will allow Metal users to instantly convert funds…
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Europe’s digital ID wallet — Easy for users or a data privacy nightmare?

European Union lawmakers are planning an EU-wide digital identity wallet for access to essential services. On March 15, the European Parliament voted 418 to 103 (with 24 abstentions) in favor of negotiating a mandate for talks with the European Union member states about revising the new European Digital Identity (eID) framework and creating the “European…
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Masa announces soulbound ID tokens for Coinbase’s Base Network

The token protocol can be used for a wide variety of applications, including membership badges, loyalty programs, decentralized captcha bots, and credit underwriting. Masa Finance’s soulbound tokens will soon be available on Coinbase’s Base network, according to an April 4 announcement from Masa Finance. The new tokens will allow users to link identifying and reputational…
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OpenAI co-founder’s ‘World ID’ project launches, along with SDK waitlist

The new IDs will allow users to prove they are unique humans without revealing personal information on websites. Crypto unicorn Worldcoin has launched a waitlist for its “World ID” software development kit (SDK) — which will allow websites to verify the uniqueness and humanness of its users without storing their personal information.  The company has…
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SEC leaked crypto miners’ personal information during investigation: Report

The financial regulator reportedly unintentionally included 650 names and email addresses in communications with blockchain firm Green as part of an investigation. The United States Securities and Exchange Commission, or SEC, has reportedly leaked the names and email addresses of many crypto miners connected to blockchain firm Green. According to a Jan. 17 report from…
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Turkey to use blockchain-based digital identity for online public services

Shortly after its central bank completed its first CBDC tests, Turkey announced a blockchain-based digital identity application. Turkey plans to use blockchain technology during the login process for online public services. E-Devlet, Turkey’s digital government portal used to access a wide range of public services, will use a blockchain-based digital identity to verify Turkish citizens…
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Crypto scammers are using black market identities to avoid detection: CertiK

The blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities. Crypto scammers have been accessing a “cheap and easy” black market of individuals willing to put their name and face on fraudulent projects — all for the low price of $8, blockchain…
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JPMorgan Exploring Digital Identity Wallets in Web3

Major investment bank JPMorgan is exploring a future in “the new web” that would see users “freely traverse across digital realms in a trusted way, all using one digital identity in multiple places.” More precisely, it is exploring the idea of a digital wallet, or a Web3 digital ID offering. It is not clear how…
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