Worldcoin

The high-profile proof of humanity project is increasing efforts to bolster government ties while promoting the idea Worldcoin cares about privacy.

Sam Altman's Worldcoin meets Malaysian leaders as crypto project aims to bolster government ties

Welcome to Latam Insights, a compendium of Latin America's most relevant crypto and economic news during the last week. In this issue: Brazil bans the use of cryptocurrency for gambling-related payments, and Worldcoin faces fines for alleged abusive behavior in Buenos Aires.

Latam Insights: Brazil Bans Crypto for Gambling, Worldcoin Battles Buenos Aires

Worldcoin, the digital biometric identification project, has rejected the claims made by Buenos Aires regarding possible infringements of customer protection laws. The organization told local sources that it answered Buenos Aires' requirements since January to show the transparency it exercises in its operations. Worldcoin might face a deeper investigation if a local proposal gets approved.

Worldcoin Rejects Buenos Aires' Claims Regarding Abusive User Contract Clauses

The Worldcoin Foundation has announced the forthcoming launch of the World Chain blockchain later this year.

Worldcoin Foundation Unveils World Chain Blockchain Built Using Optimism's Superchain

With Bitcoin reaching a new ATH (all-time high) in March 2024, the crypto market has truly entered a bullish cycle. The SEC's approval of Bitcoin ETFs, growing interest from institutional investors and regulatory clarity have pushed BTC over 150% since last year.

AI Tokens Beat Bitcoin – Crypto Market's New Favorite

Worldcoin is set to introduce a new blockchain called “World Chain,” which is designed to give precedence to human users over bots, purportedly enhancing both utility and accessibility.

Worldcoin Foundation Announces ‘World Chain' for Enhanced Human-Centric Apps

Ethereum

Using tech from Optimism, World Chain will be a dedicated, privacy-preserving network for Worldcoin users.

Worldcoin Reveals Ethereum Chain Where ‘Verified Humans Get Priority'

Sam Altman's eye-scanning crypto project Worldcoin (WLD) is announcing the creation of its own Ethereum (ETH) layer-2 blockchain. The project's new blockchain, called World Chain, is designed to give priority blockspace to Worldcoin's 5 million verified World ID holders over bots, and gas allowance for “casual transactions.

Billionaire Sam Altman's Worldcoin (WLD) Introduces New Ethereum Layer-2 Blockchain ‘World Chain'

Worldcoin (CRYPTO: WLD), a biometric data-based identification platform, has announced plans to launch a Layer-2 solution named ‘World Chain' later this summer for prioritizing transactions over bots. What Happened: Worldcoin, which is backed by Sam Altman currently operates on the Ethereum rollup Optimism (CRYPTO: OP).

Worldcoin Announces Plans For A 'World Chain' Layer-2

Layer 2 called World Chain coming later this summer is meant to help scale the Worldcoin project.

Worldcoin to have its own Layer 2 blockchain called World Chain

The human-focused blockchain network will be based on the OP Stack, a framework for building Ethereum-based layer-2 chains.

Worldcoin, Sam Altman's Crypto Project, Is Building a Layer-2 Chain

Worldcoin, the biometric iris scanning digital ID organization, is being accused by the government of Buenos Aires of several transgressions, including contradictions regarding the treatment of users' digital information. Buenos Aires considers that the company exposes users to several unfair clauses, including those describing the possible interruption of the service.

Worldcoin Faces Over $1 Million in Fines in Buenos Aires for Legal Violations

Solana

Closely followed trader and economist Alex Krüger is predicting Ethereum (ETH) will reach new all-time highs (ATHs), while also eyeing up other altcoins. Krüger tells his 171,400 followers on the social media platform X that he “fully expects” new ATHs for ETH based on several fundamental reasons. “I fully expect ETH to trade ATH.

Economist Alex Krüger Bullish on ‘Faster Horses' Like Worldcoin and Four Altcoins, Predicts Ethereum All-Time High

Worldcoin (WLD), the crypto project developing an eye-scanning identity system to distinguish humans from bots online, is giving its users increased control over their personal data.

Worldcoin Rolls Out World ID Unverification Feature, Allowing Users To Delete Biometric Data

Tool for Humanity's World App, a Worldcoin-compatible wallet, has amassed more than 10 million total users since it roll out last year.

Worldcoin-compatible wallet surpasses 10 million users

The project is implementing additional measures to mitigate concerns over the collection of people's private biometric data.

Worldcoin eyeball scans to be deleted upon request

Bitcoin

Welcome to Latam Insights, a compendium of Latin America's most relevant crypto and economic news during the last week. In this issue: the Brazilian stock exchange will offer bitcoin futures contracts, Paraguay advances measures to curb illegal bitcoin mining operations, and Worldcoin gets a legal victory in Chile.

Latam Insights: Brazil to Offer Bitcoin Futures, Paraguay Battles Mining, Worldcoin Wins in Chile

A project closely tied to OpenAI CEO Sam Altman faces another temporary ban in Europe as Worldcoin attempts to grow signup numbers.

Worldcoin ordered to halt biometric data collection in Portugal: report

Portugal's data regulator has ordered Sam Altman's iris-scanning project Worldcoin to stop collecting biometric data in Portugal for 90 days, the regulator said in a statement on Tuesday.

Sam Altman's Worldcoin ordered to stop data-collection in Portugal

The U.S. government has attempted to persuade Kenyan officials to lift the suspension of Worldcoin's operations in the country, but these overtures have been rejected, the Kenyan Interior cabinet secretary has said. The Kenyan government is also considering restricting officials' use of the social media platform Tiktok.

Kenya Resists US Government's Lobbying for Worldcoin, Considers Limiting Use of Tiktok

By publishing its core technology on GitHub, the group hopes to increase transparency around its "humanness" authentication scheme.

Orb Eye-Scanning Code Made Open Source by Worldcoin Foundation

A privacy-focused altcoin that uses eye-scanning artificial intelligence (AI) technology is implementing a new custody feature that will allow users to store their data on personal devices.

Worldcoin Implements Features Allowing Users to Custody Their Data Exclusively on Personal Devices

Project with close ties to OpenAI CEO Sam Altman taking measure to bolster trust and transparency as Worldcoin keeps growing.

Worldcoin to end storing users' personal data

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 Court Upholds Privacy Watchdog's Decision to Halt Worldcoin Activities

Avalanche

A closely followed crypto trader is flipping bullish on Sam Altman's identity-focused crypto project Worldcoin (WLD). Pseudonymous trader The Flow Horse tells his 200,300 followers on the social media platform X that artificial intelligence (AI)-related Worldcoin appears like it could flip the $10 level into support.

News for Worldcoin Crypto (WLD)