Tag: Worldcoin

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AI token trading volume stagnant despite Worldcoin buzz — Kaiko

The data revealed an increase in the trading volume of AI tokens in August, reaching approximately $870 million, up from $570 million at the close of July. While the debut of Worldcoin (WLD) drew attention to artificial intelligence (AI) tokens, recent trading data from Kaiko indicates that AI tokens have stagnated despite the hype surrounding Worldcoin’s launch.…
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Worldcoin’s Centralization Dilemma: 100 Wallets Still Dominate 93% of Total Supply

Since August 11, 2023, the number of unique digital wallets storing the iris-scanning cryptocurrency worldcoin (WLD) stood around 468,466. But in the weeks since, ownership of the fledgling crypto has expanded by over 26% to 591,633 wallets. However, worldcoin’s value has moved in the opposite direction — plummeting over 35% against the U.S. dollar in…
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France’s Data Watchdog Conducts Checks at Worldcoin Office in Paris

The French body overseeing the protection of personal data has carried out “checks” at the Paris office of Worldcoin. The news of the French inspections comes amid heightened regulatory pressure on the cryptocurrency project co-founded by the current chief executive of Chatgpt developer Openai. French Data Protection Agency Visits Worldcoin Office as Part of Probe…
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Worldcoin Claims Signups Soar in Argentina: 9.5K Users Verified in a Single Day

The number of verifications for Worldcoin, the biometric digital ID and wallet project, has soared recently in Argentina, reaching a daily signup record in August. According to data provided by the project, Worldcoin verified 9,500 Argentine users in a single day, with only four verification stations in the country. Wordcoin Popularity Peaks in Argentina; Project…
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If Worldcoin can improve the world, why not give it a chance?

Worldcoin could make it easier to create digital identities for people worldwide. And even if it fails, more projects like it are coming. All eyes have been on Worldcoin (WLD) since the July 24 launch of its “World ID” system. The issues associated with the launch have been well reported at this juncture. They include…
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Worldcoin Sets New Sign-Up Record in Argentina Despite Ongoing Investigation Over Data Privacy

Worldcoin, co-founded by Sam Altman, has reported a single-day record of approximately 9,500 Argentinians successfully verifying their World ID despite ongoing investigations into the project over data privacy concerns.  Worldcoin sign-ups in Argentina, averaging at one verified individual every 9 seconds, propelled the World App, the project’s inaugural wallet, to temporarily claim the number one…
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Alleged former Worldcoin employee says they’re in contact with authorities

The individual, whose Worldcoin employment could not be independently verified, claimed they witnessed “sloppy and/or illegal things” while working there prior to the token launch. An individual calling themselves Nadir Hajarabi, who claims to have previously worked for Worldcoin, has alleged the human identity verification project may have committed illegal acts during their employment. In…
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Worldcoin Faces Global Regulatory Hurdles Amid Expansion

Recent developments around Worldcoin have reignited discussions on data privacy and the ethical implications of personal identification. The project’s audacious goal to grant everyone on Earth a biometrically verified digital ID has captured attention globally—and not always in a good way.  With its rapid ascent, the platform faces significant challenges, as governments and experts scrutinize…
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Kenyan Government Forms Committee to Investigate Worldcoin Crypto Project

The Kenyan government has formed a 15-member parliamentary committee to investigate the contentious Worldcoin project. The committee, led by Narok West MP Gabriel Tongoyo, has been allocated a 42-day timeframe to investigate the operations of Worldcoin comprehensively. According to local news sources, the objective is to meticulously analyze Worldcoin’s activities and deliver its conclusions to…
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Kenya forms parliamentary committee to investigate Worldcoin

The controversial crypto project’s launch has been marred into controversy, and it’s already facing investigations in nearly half a dozen countries. The Worldcoin cryptocurrency project has run into another roadblock — this time in Kenya, where the government has formed a 15-member parliamentary committee to investigate the controversial asset. The Kenyan government formed a 15-member committee headed…
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