German regulators have ordered Worldcoin to delete biometric user data over GDPR violations

2 mins read

The Bavarian State Office for Data Protection (BayLDA) has ordered World, formerly known as Worldcoin, to delete biometric data it gathered from users due to violations of the General Data Protection Regulation (GDPR). This order has sparked a legal battle, as World is appealing the decision. BayLDA claims that the World’s practices, especially its iris scans, did not have a strong legal basis and violated GDPR rules. The regulator has

Worldcoin rebrands to ‘World’ and introduces several new features

1 min read

Worldcoin has officially rebranded itself as “World,” a change announced by co-founders Sam Altman and Alex Blania during a recent event in San Francisco on October 17. This rebranding comes alongside exciting updates aimed at expanding their blockchain-based identity verification technology, which focuses on establishing ‘proof-of-humanity.’ A significant highlight of the event was the introduction of a new version of their biometric identification device, the Orb. This next-generation Orb is

Worldcoin decides to prolong its prohibition in Spain until the conclusion of 2024

1 min read

Worldcoin’s proof-of-humanity initiative will remain suspended in Spain until the conclusion of 2024 or the completion of an ongoing GDPR assessment. This judgment is a result of an examination conducted by the German body responsible for ensuring compliance with the European Union’s General Data Protection Regulation (GDPR). Tools for Humanity, a significant donor to the initiative, has willingly decided to prolong its suspension in Spain. The program seeks to build

BlockDAG: Leading the Crypto Market in 2024 Amid Aptos and Worldcoin Developments

4 mins read

Amid mixed results for Aptos and shifts in Worldcoin’s strategy, BlockDAG emerges as a standout in the crypto market. Investors are showing strong support for BlockDAG, recognizing it as the best crypto for 2024. BlockDAG’s recent dashboard update has significantly improved community experience and transparency.  The project’s presale has raised over $33.5 million, driven by powerful mining rigs and the anticipated X1 mining app. Stay updated on developments with Aptos

Worldcoin expands in Mexico as Argentina ramps up data privacy regulations

1 min read

Worldcoin, which was co-founded by Sam Altman from OpenAI, has extended its operations into Mexico, while facing legal action related to data privacy in Argentina. Worldcoin’s growth in Latin America has reached a crucial stage, with Mexico lagging behind Argentina and Chile in terms of user engagement. Although the initiative has seen rapid growth, there are concerns over data privacy. María Eugenia Hernández, a member of the Morena party, has

Worldcoin (WLD) upgrades Orb technology and seeks new global tech and finance partnerships

1 min read

Worldcoin (WLD) is enhancing its verification mechanism and introducing additional Orb models in various colors as part of its worldwide expansion efforts. The project is using this technology to enhance its artificial intelligence capabilities and strengthen its position in the financial sector. Bloomberg has reported that Worldcoin, led by Sam Altman, is engaged in discussions with OpenAI and other prominent players in the business, but their names remain undisclosed. Tools

Worldcoin’s World (WLD) App hits 10 million users, boosting global crypto engagement

1 min read

The Worldcoin World App’s native wallet has amassed a user base of 10 million since its inception in May 2023. The application provides fundamental self-custodial services and is universally compatible with World ID. As of November 2023, the app has been downloaded 4 million times and is currently used by people in more than 160 countries. Additionally, it handles over 70 million transactions. The application functions as a highly secure

Worldcoin (WLD) surges as Bitcoin leads market surge

1 min read

Worldcoin (WLD) has seen a 20% increase in value in a single day, following the upward trend of the market as a whole. The crypto market was primarily driven by Bitcoin (BTC) and Ethereum (ETH). Following this, a crypto whale profited from Worldcoin’s rise by transferring 2.09 million WLD tokens from Binance, making a profit of about $2.5 million and demonstrating the high-reward potential present in the erratic crypto market.

Worldcoin (WLD) experiences a 20% surge in value, drawing in investors

1 min read

Recently, Spot On Chain disclosed that Worldcoin (WLD) experienced a 20% surge in value, drawing in investors and yielding substantial profits for an undisclosed whale trader amid a surge in artificial intelligence (AI) interest. This whale made a significant purchase of WLD when it transferred 2.09 million tokens from Binance, valued at $5.82 million. As a result, the WLD token saw a price surge of over 25%, adding $2.15 million

Worldcoin launches Orb in Singapore for verification purposes

1 min read

Singaporeans can now use the Orb, a specialized hardware device introduced by the Worldcoin project, for verification purposes, marking a significant step toward global proof of personhood. As part of the project’s cryptographic initiatives, the Orb plays a critical role in improving identification verification. The Orb is a hardware device introduced by the Worldcoin project to streamline and improve identification verification processes. This device represents a significant advancement in the

Worldcoin (WLD) price surges by over 6% as Sam Altman rejoins OpenAI as CEO

1 min read

Sam Altman has returned to OpenAI as CEO, causing a ripple effect that includes Worldcoin, a crypto he co-founded. Altman’s return results in significant changes to OpenAI’s board, including strategic collaborations and renewed optimism for the future. On November 22, OpenAI officially announced the rehiring of Sam Altman as CEO, marking a watershed moment for the organization. Altman’s return is accompanied by changes to the board structure, including the appointment

Worldcoin (WLD) surges by over 20% in the last couple of hours

1 min read

The surprise departure of OpenAI co-founder Sam Altman this past Friday sparked a heated debate among board members, leading to a push from prominent investors for Altman’s restoration as CEO. Despite Altman’s unexpected dismissal from the CEO role, major investors with a combined $10 billion in ownership, including Microsoft Corp., Thrive Capital, and Tiger Global Management, are allegedly actively campaigning for Altman’s return. This united front from significant investors demonstrates