Worldcoin

Worldcoin, a cryptocurrency initiative known for its iris-scanning feature, introduced a new option allowing unverified users to reserve their Worldcoin (CRYPTO: WLD) tokens. What Happened: On Aug. 11, Worldcoin revealed that its World App incorporated a reservation function, enabling users to set aside WLD tokens prior to obtaining their World ID verification.

Worldcoin Launches New Feature To Attract New Users To Its Crypto Platform

In the course of the previous week, the value of worldcoin (WLD) against the U.S. dollar has plummeted by 24.6%, while a broader view of the past fortnight reveals a decline of 21.4%. Simultaneously, five days ago when the contract recorded 408,721 unique addresses in possession of WLD, the figure modestly rose by 14.

Worldcoin Value Plummets 24% in Week Amid Increase in Unique Addresses, Strong Hold by Top Wallets

The Argentine Agency for Access to Public Information (AAIP) has launched an investigation into the privacy practices of the cryptocurrency project Worldcoin.

Argentina's Information Agency Launches Investigation Into Sam Altman's Worldcoin Foundation

Is it a crypto company? Is it a biometric authentication platform? A “human economic system”? Inside Worldcoin's struggle to find itself.

Sam Altman's Eyeball-Scanning Crypto Project Worldcoin Is Having An Identity Crisis

The investigation began after numerous data collections in five major jurisdictions of the country, the Argentinian Agency for Access to Public Information said.

Worldcoin Regulatory Scrutiny Grows as Argentina Opens Investigation

The government of Argentina informed it had opened an investigation into the data collection activities that Worldcoin is executing in the country. The Public Information Access Agency (AAIP), the data comptroller in the country, sent a letter to the Worldcoin Foundation requesting information about how the personal data of Wordcoin users is treated.

Argentina Opens Probe Into Worldcoin Personal Data Treatment Procedures

Solana

A closely followed analyst believes that the native token of the crypto project co-created by ChatGPT founder Sam Altman looks poised for a severe correction. Pseudonymous analyst Altcoin Sherpa tells his 196,400 X followers that he's bearish on Worldcoin (WLD), an artificial intelligence-based crypto project that uses iris-scanning technology.

Analyst Predicts Deep Correction for Sam Altman's Worldcoin, Updates Outlook on Solana and Two Other Altcoins

A team of Kenyan police officers is reported to have raided the premises used by Worldcoin and seized devices storing users' data. The raid came just days after the Kenyan government announced the suspension of Worldcoin's activities in the country.

Report: Kenyan Police Raid Worldcoin's Offices Just Days After Govt Suspended the Crypto Project

The Sam Altman co-founded project has been shut down in Kenya over privacy concerns.

Bavaria's Data Regulator Had Not Concluded Assessment of Worldcoin When the Project Launched

Germany's financial regulator Bafin is investigating the digital currency Worldcoin, German business daily Handelsblatt reported on Tuesday.

German regulator probes Worldcoin crypto currency - Handelsblatt

Kenyan officials raided a Worldcoin warehouse last week, reportedly claiming it failed to disclose its intentions when it registered in Kenya.

Kenyan Authorities Raided a Worldcoin Warehouse Last Week

From PayPal's entry into the stablecoin market to regulatory challenges faced by Worldcoin in Kenya, the crypto world continues to be a blend of innovation and controversy.

Crypto News Today: PayPal's Stablecoin Debut, Worldcoin's Kenyan Hurdles, and More

Worldcoin's users are unable to access their tokens on the World App wallet after the mobile application stopped working on Monday.

Sam Altman's Worldcoin App Goes Offline—Limiting Users' Access To Wallets

A video from 2021 is making rounds on Reddit where Worldcoin University attempted to make a case for why Worldcoin (CRYPTO: WLD) is superior to Bitcoin (CRYPTO: BTC). What Happened: The video, shared by on-chain investigator ZachXBT on Nitter on Oct. 24, 2021, features a man promoting the initiative and explaining the reasons behind Worldcoin's potential superiority over Bitcoin.

Watch: 2021 Video Clip Shows Why Worldcoin Enthusiasts Consider It Superior To Bitcoin

Kenyan police raided Worldcoin's Nairobi warehouse and confiscated documents and machines on Saturday.

Worldcoin's Nairobi Warehouse Raided by Kenyan Police: Local Reports

Weekly global World ID verifications increased by more than 100% in the week following Worldcoin's launch from beta, the project claims.

Worldcoin activity surges in week following launch, project claims

Worldcoin's native cryptocurrency, worldcoin (WLD), has oscillated in value between $2.69 and $2.13 per token throughout the preceding 12 days, peaking at $3.30 per coin on July 24, 2023.

While Worldcoin Sees a 148% Surge in Unique Addresses, the Top 20 Wallets Command 94% of WLD Supply

The CEO of Worldcoin's founding entity confirmed on Aug. 2 that his organization has paused “World ID verifications in Kenya” and will attempt to address concerns raised by authorities. Kenya's ICT Minister Eliud Owalo has said Worldcoin's verification services were being carried out within the confines of the law.

Worldcoin Confirms Kenya ID Verification Pause

On May 29, 2023, Certik, a blockchain and smart contract auditing firm, reported a critical security vulnerability within Worldcoin's verification process. This flaw could have allowed attackers to bypass strict identification measures and operate an Orb, a device used to collect users' iris information.

Certik Uncovers Security Vulnerability in Worldcoin's Verification Process

Coin Bureau host Guy Turner is warning that the controversial crypto project Worldcoin (WLD) could collapse within a year. In a new video, Turner tells his 2.3 million YouTube subscribers he has concerns that the artificial intelligence-based altcoin, which uses iris-scanning technology, may not live up to its promise.

Controversial Crypto Project Worldcoin (WLD) Could Crash in a Year, Says Coin Bureau's Guy Turner – Here's Why

A member of the far-right Alternative for Germany party has clashed head-on with privacy claims made by Worldcoin and its Orb activity.

Germany's Far-Right AfD: Worldcoin Orbs 'Solely for the Global Surveillance of People'

The Worldcoin team has reportedly confirmed the security vulnerability and issued the required fix to the issue.

Worldcoin Bug Allowed Anyone to Become Orb Operator: CertiK

Kenya's data watchdog found Worldcoin is compliant with its data protection laws, but has now find different problems with Sam Altman's project.

Kenya Appears to Have Flip-Flopped on Worldcoin's Data Practices

Manufacturing and operating Worldcoin's iris-scanning orbs could become a decentralized and incentivized process like Bitcoin mining, the co-founder claimed. But experts have concerns about that plan.

Worldcoin's plan to decentralize orb production sparks illicit data harvesting concerns

Crypto veterans are angry about the way Worldcoin, the crypto project co-created by Sam Altman, managed the release of its token last week.

News for Worldcoin Crypto (WLD)