Brazil cracks down on Worldcoin over biometric data consent violations: here's what we know
Authorities claim incentivising users with WLD tokens may have influenced their ability to provide free and informed consent.
Keep up with what's happening in the crypto world in real-time.
Authorities claim incentivising users with WLD tokens may have influenced their ability to provide free and informed consent.
Worldcoin's linear token unlock is set to test market resilience. Will WLD's ecosystem drive recovery?
Regulatory scrutiny is mounting against the World ID project and its biometric data collection practices.
Brazilian regulators have found that World Network, formerly Worldcoin, may have influenced user consent by offering financial incentives for collecting biometric data.
Brazil has decided to ban Worldcoin, a cryptocurrency accompanied by an ambitious biometric identification system.
OpenAi CEO Sam Altman's Tool for Humanity met another tough hurdle. This time, it was Brazil, which blocked Altman's effort to create a global identity system. Brazil's data protection authority ANPD, expressed suspicion about the way the organisation processes data, and demanded more transparency in that area.
Brazil has ordered Tools for Humanity (TFH), the company behind Worldcoin, to cease offering crypto or financial incentives in exchange for biometric data. The post Brazil Bans Worldcoin from Providing Crypto or Financial Incentives for Biometric Data appeared first on Cryptonews.
World Network, the iris-scanning digital ID project formerly known as Worldcoin, can no longer offer crypto incentives to Brazilians.
Argentinian authorities are investigating a newsstand operator who allegedly paid customers and “neighbors” around $20 for iris scans, amid ongoing Worldcoin (WLD) controversy in LATAM. The post Argentinian News Stand ‘Paid $20 to Scan Customers' Irises' as WLD Controversy Continues appeared first on Cryptonews.
The crypto market is witnessing fresh enthusiasm under Donald Trump's pro-crypto stance, prompting speculation on which altcoins he may support. With increasing institutional interest and evolving regulations, investors are closely monitoring potential additions to his portfolio.
Worldcoin price was flat on Friday as traders watched the recently announced Stargate Project in the US and the public jabs between Elon Musk and Sam Altman, its founder. WLD, which Altman started, initially rose and then cooled.
Worldcoin (WLD) has experienced a notable decline in its price, falling by 10.96% over the past 24 hours to $1.85. As the cryptocurrency approaches a crucial support level, many are questioning whether it's about to turn around or if further declines are on the horizon.
Worldcoin (WLD), a popular cryptocurrency, has been facing significant downward pressure, with its price recently plunging by 10.96% to $1.85. As the token tests critical support at $1.54, traders are left wondering whether a recovery is on the horizon or if the bearish trend will persist.
Worldcoin tokens led crypto market gains for the 24-hour period on Wednesday with a 35% surge over Monday before they retreated hard.
Worldcoin (WLD) price has jumped 19% following Donald Trump's announcement of a $500 billion investment in AI infrastructure. This surge has reignited interest in WLD, pushing it closer to a potential golden cross on its EMA lines, a bullish signal for further gains.
The Bitcoin price is plunging. The token has dropped below $104K while the Worldcoin price has maintained a significant ascending trend. Besides, the volume has surged above $1 billion, suggesting an increased interest in the token. Moreover, the token is the top trending on the altcoin ranking across social media platforms.
The price of Worldcoin jumped Wednesday, leading the crypto market after OpenAI's $500 billion AI initiative was unveiled.
With Donald Trump assuming office as the US President, the crypto market has experienced heightened volatility. While some altcoins have surged, others have faced significant crashes, and many are gaining attention due to recent developments.
Cryptocurrencies were mixed on Wednesday as the market continued to reflect on the actions by Donald Trump and US regulators. Worldcoin (WLD) and ai16z (AI16z) were among the best-performing coins as investments in artificial intelligence rose. iDEGEN, the upcoming crypto project, continued its token sale, attracting substantial sums from investors.
Worldcoin plunges to $1.85, testing key support at $1.54. Can it recover from the bearish trend?
The price of Worldcoin token WLD surged nearly 20% to reach a high of $2.30, as the biometric crypto project reacted to the latest AI-related developments. On Jan. 21, CBS News reported that U.S.
Prominent crypto analytics platform Santiment is alerting that several altcoins may be flashing a bearish signal. In a post on the social media platform X, Santiment says that some altcoins – including Sam Altman's digital identification platform Worldcoin (WLD) and memecoin SPX6900 (SPX) – are being sent to exchanges in relatively large volumes.
Will WLD defend $2 and extend its recovery amid whale sell-offs?
Solana, Dogecoin, and Worldcoin rebound sharply, but technical analysis suggests risks of dead cat bounces and potential further declines.