AI (artificial intelligence) tokens were one of the most promising assets in the cryptocurrency market at the beginning of 2023. One of the major drivers of this was the launch of ChatGPT – an AI-based chatbot – in late 2022, which propelled some AI-related cryptocurrencies to substantial gains. However, the interest in this set of…
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Worldcoin, the digital ID passport and universal basic income project, is allegedly rising in popularity, with thousands of people said to be signing up and registering. According to Sam Altman, co-founder of the project, one person is currently verified by the iris scanning devices — the “Orb” — every 8 seconds. However, some data could…
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Worldcoin and its native token WLD have been taking the attention of crypto investors, according to recent data from Coingecko. The project recently announced its worldwide launch inviting users to “visit the orb” and receive rewards by onboarding the platform. WLD has doubled its value from its launch on July 24th, when the cryptocurrency was…
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European regulators, including the French National Commission on Informatics and Liberty (CNIL) and the Bavarian state authority in Germany, are raising legal concerns about Worldcoin’s data collection methods. In an email on Friday, July 28, CNIL said: “The legality of this collection seems questionable, as do the conditions for storing biometric data.”… Read More: French…
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OpenAI’s sister company Worldcoin wants you to buy its coin — and possibly unleash a tempest of problems across the world in the process. Scanning your iris to become a “verified human” in exchange for digital currency sounds like a Black Mirror episode. But this is not the story arc of a dystopian science fiction…
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The proof of humanness protocol released security audit reports claiming that most issues were fixed or mitigated. Proof of humanity protocol Worldcoin released its audit reports on July 28 as criticism of its data collection practices continues to mount. The new reports were conducted by security consulting firms Nethermind and Least Authority. According to an…
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With the recent launch of Worldcoin’s token, worldcoin (WLD), Optimism has experienced a surge in daily transactions, reaching an all-time high on July 27. Data reveals that 944,000 Optimism transactions were processed on Thursday, with WLD transfers closing in on 1 million. WLD Token Arrival Spurs Transaction Surge on Optimism: New Milestone Reached The Ethereum…
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French data protection agency CNIL said it finds the legality of Worldcoin’s collection methods “questionable” alongside the conditions for storing the data. The French National Commission on Informatics and Liberty (CNIL), France’s data protection agency, is questioning the legality of Worldcoin’s data collection methods, according to a Reuters report. In an email to Reuters on…
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Twitter announced its rebrand to “X” on July 24, the same day the Worldcoin token launched and provided an opportunity for scammers. Several fake accounts on Twitter — currently rebranding to X — were pushing malicious links to users following the launch of the Worldcoin human identity verification token. July 24 marked Twitter’s rebrand to…
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On this week’s episode of “The Market Report,” Cointelegraph’s resident expert discusses the launch of the Worldcoin token by OpenAI creator Sam Altman and why it’s controversial. In the latest episode of The Market Report, analyst and writer Marcel Pechman discusses the Worldcoin token launch, why it is controversial, and the differences between it and…
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