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In a challenging year for creditors of bankrupt investment firms Three Arrows Capital (3AC) and FTX's trading arm Alameda Research, a recent surge in Worldcoin (WLD) has provided some solace.
Polygon Labs backs a Worldcoin rival project that claims to be less invasive and more privacy-preserving.
3AC's early gambit in Worldcoin might put smiles on the faces of creditors of the now defunct crypto hedge fund, following the token's recent price surge.
The Human Institute and Animoca Brands are launching a new human identity project that uses palm recognition instead of iris scanning. The project may compete with Worldcoin in the area of data rights and will be available for third-party applications in the near future.
Sam Altman's Worldcoin has received renewed interest following the launch of OpenAI's latest video tool, Sora.
Despite increasing demand, are AI tokens yet another bubble, ready to burst?
The controversial eye-scanning biometric crypto project Worldcoin (WLD) has skyrocketed by nearly 185% and set a new all-time high this week as its user count passed a pivotal milestone. The project's native asset, WLD, is trading at $7.40 at time of writing, up from $2.60 one week ago and $2.48 a month ago.
OpenAI introduced Sora last week, a new AI model that can help generate a 60-second video from textual commands.
Investors are captivated by this significant rise and are eagerly observing the crypto market to anticipate what unfolds next.
Worldcoin (WLD), a blockchain-based project fueled by biometric verification, has ignited a firestorm of investor interest, skyrocketing 170% in the past week to reach a record high of $7.48. This meteoric rise stands out against a backdrop of sluggish performance in many other altcoins, prompting questions about the driving forces behind this surge and its potential for longevity.
In a week that caught the attention of the crypto community, Worldcoin's native token, $WLD, has experienced an extraordinary surge, skyrocketing by more than 200%. The iris biometric cryptocurrency project, led by Sam Altman, has sent ripples across the broader crypto market, with its price reaching $8, showcasing a remarkable 42.
The overall 200% surge in Worldcoin's WLD token value has caught the attention of market participants, particularly as it could potentially benefit creditors of prominent investment firms like Three Arrows Capital (3AC) and FTX, said Su Zhu in his X post.
Worldcoin, the digital identity token ERC-20 project on the Ethereum (ETH) blockchain, has garnered significant attention. Its native token, WLD, emerges as the top performer among the top 100 cryptocurrencies by market capitalization.
Both FTX and 3AC are among the early investors of Worldcoin, and likely among the top beneficiaries of impressive price upswing.
AI-related tokens have rallied in the past 24 hours, with those associated with SingularityNet and Worldcoin posting double-digit gains.
In recent developments, Worldcoin's WLD token has experienced an unprecedented surge of over 200% within the past week, presenting apparent benefits for a significant group of investors, particularly creditors associated with the bankrupt fund Three Arrows Capital (3AC).
Worldcoin's record surge comes on the back of OpenAI's new text-to-video tool, Sora.
Worldcoin's triple digit upswing coincides with the positive sentiment among investors upon OpenAI's Sora launch.
Worldcoin (WLD), the cryptocurrency token associated with Sam Altman's digital ID venture, has surged over 200% in the past two weeks, reaching an all-time high of $7.95 on Monday.
AI tokens have spiked in value following the introduction of Sora, a text-to-video generator developed by OpenAI.
Worldcoin's 200% surge in the last week looks likely to buffer crypto creditor payments for investors in Three Arrows Capital and FTX, although a token unlock may induce sell pressure.
The rapidly changing digital landscape is turning artificial intelligence (AI) coins into a highly promising thing to invest in. The latest events suggest the approaching growth in the market cap of AI coins, which opens the path for the movement to the range of $1 trillion by the end of the current cycle.
This week, WLD token from the Worldcoin project soared by 142.7% against the U.S. dollar, topping the chart as the week's most significant gainer. Hot on its heels was the digital currency bitget token (BGB), which saw an increase of just over 58% in the past week. Conversely, Astar (ASTR) experienced a decline of 6.
The cryptocurrency market is on the move again, and this time, all eyes are on AI-related coins, which are seeing significant gains. AI cryptocurrencies serve as the currency fueling AI blockchain platforms.
