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The Worldcoin Foundation team plans to pay Orb operators in the native tokens of the crypto project, WLD, and not in the USDC stablecoin. Information about this appeared on the company's blog.
The Worldcoin Foundation is undergoing substantial changes, shifting its approach to compensate Orb Operators using the native WLD token, replacing USDC. This transition, scheduled for completion next month, represents a pivotal development within their ecosystem.
Users will receive WLD tokens, instead of USDC, starting Tuesday, as per a new developer document.
In a pivotal move, the Worldcoin Foundation, the driving force behind the controversial Worldcoin project, has announced a significant change in how it compensates Orb Operators. The Worldcoin Orb Operators are the people responsible for scanning people's irises, using custom imaging devices called Orbs, for network access.
Aside from ditching USDC for its native token, Worldcoin announced some changes to the terms of its WLD loans to market makers.
The Worldcoin Foundation also announced changes to its deals with market makers, which may affect the WLD token's circulating supply.
In the ever-evolving landscape of cryptocurrencies, a noteworthy trend is making waves, catching the attention of both seasoned investors and newcomers alike. The spotlight today is on Worldcoin (WLD), a digital asset that has recently witnessed significant accumulation by whales and institutions.
Although the reason for the widespread withdrawals was largely unknown, actions like this point to a possible conviction that the token was worth keeping for the long term.
On October 11, 2023, Worldcoin introduced changes to its state bridges to enhance gas efficiency and compatibility. This update allows users to create bridges for any EVM-compatible blockchain, enabling integration with World ID and various applications.
This week, the iris-scanning Worldcoin project introduced a state bridge into its framework. This feature enables users to create and link their own bridge with the global identity, World ID, and any blockchain that's Ethereum Virtual Machine (EVM) compatible. Data further shows that Worldcoin has registered about 2.
In the ever-expanding crypto and Web3 realm, the innovative state bridge technology from Worldcoin (WLD) allows developers to seamlessly connect their innovations with the World ID protocol and EVM-compatible chains, pushing Web3 toward a more interconnected and inclusive future.
The head of product for Tools for Humanity grew up in Mexico, became an expert in robotics and won a scholarship to study in the U.S. Now he's overseeing one of the most interesting (and controversial) blockchain projects.
The WorldCoin state bridge update introduces a gas-efficient system, promoting interoperability between blockchains. The new state bridge allows developers to create their bridges license-free.
GSR Markets, a leading crypto trading firm and liquidity provider, has been buying large amounts of WLD tokens from various exchanges in the past week. WLD is the native token of Worldcoin, a project that aims to create a global identity and financial network using iris scanning devices.
Worldcoin founder Sam Altman warned of what he said are the U.S. government's increasing efforts to control crypto in a "war."
Previous bull markets in crypto showed how fortunes can be made and lost in the blink of an eye.
When delving into content creation, three key factors take the spotlight: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text.
A Kenyan parliamentary committee tasked with investigating Worldcoin's activities in the African country has reportedly censured a government official over his inconsistent statements about Worldcoin's license status. The committee also said it found that Worldcoin's “Orbs” were not approved by the Communications Authority of Kenya as required by law.
Kenya's parliamentary committee has advised Kenyan authorities to take action by shutting down Worldcoin's virtual platforms and conducting a thorough investigation into the company.
In a recent development, Kenya's parliamentary committee has taken a decisive stance against the Worldcoin cryptocurrency initiative. The committee's recommendation to halt the initiative immediately stems from rising concerns over user privacy and the pressing need for comprehensive regulations.
Kenya's parliamentary committee has decisively recommended the immediate halting of the Worldcoin cryptocurrency initiative. This swift call to action comes after growing apprehensions over users' privacy and a dire need for solid regulations.
The committee's recommendations included having the Kenyan government consider implementing a comprehensive framework for digital assets and virtual asset service providers.
September was a slightly bullish month for the cryptocurrency market. The pace picked up during the end of the month, especially in the Bitcoin (BTC) price.
A Kenyan parliamentary panel called on the country's information technology regulator on Monday to shut down the operations of cryptocurrency project Worldcoin within the country until more stringent regulations are put in place.
