Ethereum co-founder Vitalik Buterin has recently commented on Worldcoin’s attempt to ensure user data’s privacy, acknowledging their effort. Replying to a user’s post on social media Buterin addressed to the project co-founded by OpenAI’s Sam Altman, saying that Worldcoin has done “quite a good job” when it comes to protecting personal information with cryptography. “IMO…
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The National Data Protection Commission (CNPD) of Portugal took decisive action on March 26 to safeguard personal data protection, particularly for minors, by temporarily banning Worldcoin. In response to concerns raised by numerous complaints, the CNPD issued a temporary 90-day restriction on Worldcoin’s biometric data collection through its Orb devices within Portugal on Tuesday. CNPD…
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The Audiencia Nacional (National Hearing), a Spanish special tribunal, has maintained the measures that the AEPD, the private data watchdog in the country, has taken against Worldcoin. The court determined that the defense of the general interest of protecting the people’s data must prevail over the company’s economic interest. Spanish Audiencia Maintains Suspension of Worldcoin…
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Worldcoin has been unsuccessful in obtaining an injunction against a temporary suspension imposed by Spain’s data protection authority, the AEPD. The authority used emergency powers granted by the European Union’s General Data Protection Regulation (GDPR) to issue the local order, which can remain in effect for up to three months, according to a report from TechCrunch. …
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Since the beginning of the last quarter of 2023, artificial intelligence (AI)-related crypto tokens have not only outperformed the top two crypto assets but have also outpaced key AI stocks such as Nvidia and Microsoft. According to a report by Coinbase, much of this market-beating performance of AI-related tokens can be attributed to AI headline…
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Worldcoin, the biometric iris scanning project, has introduced a complaint against the actions of the AEPD, the personal data protection agency in Spain. Tools For Humanity, the company behind Worldcoin, argues that the agency circumvented the General Data Protection Regulation (GDPR) established procedures when taking the ban actions against the project. Worldcoin to Fight Operations…
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In their report, “Crypto’s AI Mirage,” Coinbase Research has issued a nuanced examination of the intersection between artificial intelligence (AI) and crypto, revealing a landscape fraught with overvaluation and speculative fervor. David Han, an Institutional Research Analyst at Coinbase, spearheads this analysis, providing a critical lens through which the future of AI crypto tokens is…
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Worldcoin, the biometric identity project, has been banned from operating in Spain for up to three months, according to a press release from the Spanish data agency, the AEPD. The agency will also require Worldcoin to stop using the already collected data from Spanish citizens, utilizing the EU’s General Data Protection Regulation (GDPR) as a…
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Worldcoin controversy in South Korea is driving trades on the Bithumb crypto exchange, a media report has claimed. According to Busan Ilbo, trading in the Worldcoin (WLD) token has spiked in the wake of a new Personal Information Protection Commission probe. This has seen WLD trading balloon on the platform. On March 4, 24-hour Worldcoin…
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The government of South Korea has opened an investigation into Worldcoin, the iris scanning cryptocurrency and digital wallet project. According to a press release, the Personal Information Protection Commission, the data privacy watchdog in the country, will investigate the actions taken by Worldcoin regarding the treatment of the data collected from users and will take…
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