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Latest News

Keep up with what's happening in the crypto world in real-time.

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cover-imageThe Currency Analytics
July 27, 2023

Worldcoin Project Faces Criticism Amidst Controversial “World ID” Initiative

In a bold move that has captured the attention of cryptocurrency enthusiasts worldwide, OpenAI chief Sam Altman introduced the Worldcoin project, a unique initiative utilizing a groundbreaking “orb” device to create digital identities based on individuals' eyeball scans. The process generates a distinctive “world ID” or “proof of personhood” for each participant, ushering in a new era of identity verification in the crypto space.

Neutral
cover-imageBenzinga
July 27, 2023

Jack Dorsey Reacts To Sam Altman's Video Showing 'Crazy Lines Around The World' As Worldcoin Causes Frenzy For Iris Scans

Worldcoin (CRYPTO: WLD), an ambitious project led by OpenAI co-founder Sam Altman, has ignited a diverse range of reactions within the technology and cryptocurrency communities, with Twitter co-founder Jack Dorsey being the latest to voice his concerns. What Happened: The project, which aims to enhance economic opportunities and differentiate humans from artificial intelligence (AI), has drawn attention for its requirement of iris scanning to obtain its native token.

Neutral
cover-imageThe Currency Analytics
July 27, 2023

UK's ICO Launches Investigation into Worldcoin's Innovative Biometric Approach

In a groundbreaking move, the UK's Information Commissioner's Office (ICO) has set its sights on Worldcoin, an innovative cryptocurrency project led by visionary entrepreneur Sam Altman, the CEO of OpenAI. The ICO, known for its role as the data regulator in the United Kingdom, announced plans to conduct a comprehensive investigation into Worldcoin's distinctive user participation model, which involves the submission of iris scans by participants in exchange for a digital identity and free cryptocurrency.

Negative
cover-imageThe Currency Analytics
July 27, 2023

UK Data Regulator Probes Worldcoin's Biometric Data Approach Amid Soaring Crypto Popularity

The cryptocurrency world is no stranger to innovation, but the recent launch of Worldcoin, a groundbreaking project led by OpenAI CEO Sam Altman, has drawn both awe and concern. The cryptocurrency project, which offers individuals free cryptocurrency in exchange for their iris scans, has raised eyebrows and sparked a regulatory investigation by the UK's Information Commissioner's Office (ICO) over data privacy concerns.

Neutral
cover-imageCrypto Daily
July 26, 2023

Worldcoin Attracts Hundreds of Users in Hong Kong, Yet WLD Drops

Following the launch of the highly anticipated Worldcoin project on Monday, Hong Kong witnessed hundreds of sign ups, but the WLD token slightly pulled back. How Worldcoin Kicked Off On July 24, a digital identity verification provider called Worldcoin officially started the rollout of its services.

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