Worldcoin could fall to $1.28 as selling activity rises – Why?
The decline in WLD's price isn't over yet and could extend further.
Keep up with what's happening in the crypto world in real-time.
The decline in WLD's price isn't over yet and could extend further.
The cryptocurrency market faces another week of token unlocks, with releases valued at more than $513 million scheduled between December 23 and December 30. Immutable (IMX) leads the cliff unlocks with a release worth $32.36 million, while Worldcoin (WLD) continues to dominate the linear unlocks at $81.53 million.
Worldcoin (WLD) has recently been under significant sell-off pressure, as both Smart DEX traders and large whales took profits, leading to a noticeable decline in the coin's price. After reaching a high of around $3.85, these market players sold off large amounts of WLD, triggering a drop in the coin's value.
Worldcoin, a digital identity project co-founded by OpenAI CEO Sam Altman, is under regulatory scrutiny in Germany for its handling of biometric data. The Bavarian State Office for Data Protection Supervision (BayLDA) has concluded its investigation into the project, demanding compliance with the European Union's General Data Protection Regulation (GDPR).
This ruling underscores Germany's stringent stance on data privacy, impacting Worldcoin's operations and raising broader questions about biometric data usage in crypto.
Worldcoin, the biometric digital identity project co-founded by OpenAI CEO Sam Altman, is under scrutiny in Germany for handling sensitive data. The Bavarian State Office for Data Protection Supervision (BayLDA) has ordered Worldcoin to align its practices with the European Union's General Data Protection Regulation (GDPR).
The crypto company Worldcoin under pressure: Germany demands the removal of non-compliant biometric data. Details here!
Bavaria's data regulator has directed Worldcoin to establish a GDPR-compliant data deletion protocol by January's end.
The Bavarian State Office for Data Protection Supervision (BayLDA) has ordered Worldcoin to implement stricter privacy measures after concluding its investigation into the company's biometric data practices. Worldcoin (WLD) has been instructed to provide a GDPR-compliant data deletion process within one month.
The Bavarian State Office for Data Protection (BayLDA), a German privacy watchdog, ordered Worldcoin to delete users' biometric data. The company has appealed the decision.
Smart DEX Traders and whales take profits as WLD declines but the $2.40 support shows signs of holding.
Worldcoin, co-founded by Sam Altman, must delete non-compliant data following a German regulator's ruling for violating GDPR, emphasizing the need for user consent and data erasure rights in its biometric identification practices. The post German Watchdog Orders Worldcoin to Delete Non-Compliant Data, Citing GDPR Violations appeared first on Cryptonews.
Several altcoins including the native token of the XRP Ledger, Solana's native token SOL, Maker's governance token MKR, and Worldcoin's WLD could soon see significant price surges over a key technical indicator that just flashed buy signals for these.
Spanish data protection watchdog AEPD on Thursday ordered that Sam Altman's company Worldcoin delete all iris scan data it had collected in the country.
German regulators demand compliance changes from World ID after a biometric data investigation.
German regulators demand compliance changes from World ID after a biometric data investigation.
AI crypto tokens like WLD, FET, and GRIFFAIN could see explosive growth in 2025, fueled by bullish chart setups, AI investment trends, and loose regulations under Trump.
TL;DR Worldcoin challenges the ethical boundaries of technology by compromising biometric data in the name of innovation. The closed WLD network contradicts blockchain decentralization, exposing sensitive data to critical vulnerabilities. The combination of ZK-proofs and fully homomorphic encryption offers a pathway to more secure and ethical digital identities.
The large transaction volume of WLD tokens has surged by 252% as well, indicating growing confidence from whales.
The identification company has joined the disappointed listeners of the musical service.
A wave of token unlocks, valued over $730 million, is set to impact the market this week, with Cheelee leading cliff-based unlocks and Worldcoin dominating the linear release schedule.
The altcoin industry has signaled a major bull rally in the near term after consolidating in the past eight months.
Worldcoin (WLD) has captured the attention of crypto enthusiasts and traders, surging by 31% over just six days. The cryptocurrency has managed to flip its previous resistance at $2.5 into support, and now the market is eyeing a possible surge to $4.5.
Traders should be wary of a breakout beyond $4 since the market might be overextended.