The promises of Worldcoin—now simply “World” as of late October 2024—have faced significant backlash globally, with lawsuits and fines mounted against it for its failure to protect user privacy. Worldcoin, which was founded by Sam Altman of OpenAI fame, initially gained attention with its ambitious offer: users could verify their humanness via iris and face scans, receiving digital IDs and free tokens in return.
The privacy and security risks of biometric IDs demand builders consider modular privacy applications or face real-world vulnerabilities.
The Dominican Republic has suspended Worldcoin's operations, citing concerns over “abusive clauses” in the company's contracts and rising questions about the legality and transparency of its biometric data collection practices.
Story Highlights The live price of the WLD token is Worldcoin price could go as high as $11.01 by the end of 2024. WLD price could reach a high of $45.62 by the end of 2030. With the AI crypto bull run gaining momentum, Sam Altman's brainchild, Worldcoin, is creating a significant buzz.
Worldcoin (WLD) surged 25% in the last week, fueled by the success of its World ID project, which has expanded to over 40 countries. However, this rally hit a major roadblock when WLD reached a resistance level of $2.48, a level it hadn't been able to break for three months.
Worldcoin (WLD) experienced a remarkable rally last week, surging by 50% and attracting significant attention from investors.
World, formerly known as Worldcoin, has announced the launch of its World ID Orb verifications in Brazil. According to a Nov.
Brazil is a compelling territory for World as the project steps up efforts to increase its total number of signups.
Worldcoin (WLD) has experienced a significant price surge, skyrocketing over 50% in the past week. Partly fueled by the broader market rally, this growth is largely attributed to the project's aggressive global expansion, with over 40 countries added to its network this month alone.
Altman has expressed optimism for the project's future, particularly commending Blania's leadership in navigating regulatory challenges.
Worldcoin's WLD token has surged 28% amid expanding global operations across 40 countries, with $2.38 billion in trading volume and 16 million verified users, despite ongoing regulatory scrutiny in various jurisdictions.
Massive whale accumulation drives Worldcoin's breakout from $1.5 support level.
Worldcoin price has soared by 28% as the World ID project, co-founded by Sam Altman, expands its identity verification services to more than 40 countries. This rapid international rollout includes recent launches in Costa Rica, Poland, and Austria, with a focus on creating a secure, decentralized ID system using biometric verification.
Worldcoin (WLD), a relatively new player in the cryptocurrency market, has been making waves recently—but not for the reasons many investors had hoped. Despite a surge in large transactions, particularly from “whales” (big investors), WLD is struggling to break out and gain significant price momentum.
Despite WLD showing signs of being undervalued, short sellers continue to bet against the altcoin.
Nexo's transformation highlights the growing convergence of traditional finance and digital assets, setting a new standard for wealth management. The post Nexo evolves into a premier digital assets wealth platform appeared first on Crypto Briefing.
In the next seven days, the altcoin market will register major token unlocks, which every crypto trader should know and understand to avoid unnecessary traps. According to the aggregate data platform Tokenomist, total token emissions this week could exceed $340 million, and early investors will get hold of their funds.
The Nexo app is an innovative platform that combines the functionalities of centralized finance (CeFi) and decentralized finance (DeFi), allowing users to manage, trade, and earn interest on their crypto.
Alameda Research has sold off $3.46 million worth of WLD tokens. This sell-off comes as the firm continues its strategy to manage its financial obligations, particularly focusing on repaying creditors.
World Chain announced on November 1 its integration with Across on Ethereum Layer 2, enhancing secure cross-chain transactions and adding ERC-7683 support. The update may drive global adoption, leading market watchers to eye a possible rise in WLD price toward $10.
Worldcoin's recent failure to breach the $2.15 resistance level has put the token under renewed bearish pressure, leaving investors to question if a prolonged downtrend may be unfolding. The $2.15 mark has become a key battleground, with sellers pushing prices lower each time buyers attempt a breakout.
The cryptocurrency market has experienced a major hit this week, with top tokens recording a significant correction in their respective valuations. Moreover, the BTC price has recorded a low of $68,779, indicating rising uncertainty in the crypto space.
Sam Altman-backed World Chain on Friday announced a strategic alliance to streamline cross-chain transactions across the layer 2 network. Notably, the AI-meets-crypto project is integrating Across to ensure affordable cross-chain transactions across multiple EVM-compatible chains, marking a monumental endeavor.
A new look: from the logo, website, and improved user interface.
Nexo has announced a rebranding initiative, repositioning itself as a digital asset wealth platform aimed at long-term crypto wealth management. Nexo Targets Wealthy Investors With Rebrand Amid Crypto Market Changes According to the announcement shared with Bitcoin.
Nexo, a leading digital asset institution, has announced a major rebrand, transitioning from a crypto lender to an all-encompassing digital asset wealth platform, as revealed to Finbold on Wednesday, October 31.
The company said its visual overhaul, including a website refresh, is meant to strike a more sophisticated tone with investors.
The OBV was not as hopeful as the WLD price action, forming lower highs and lower lows throughout October.
According to blockchain analysis firm Spot On Chain, the bankrupt Alameda Research sent 143.77k Worldcoin (WLD), worth approximately $297.6k, to crypto exchange Binance early today. The transaction has raised eyebrows among enthusiasts, as the event signals increased selling momentum for WLD in the coming sessions.
Worldcoin (WLD) is generating buzz in the cryptocurrency community as it rebounds from a crucial demand zone, optimism about a potential price rally. After facing a challenging week marked by a notable decline, WLD is showing signs of recovery that have traders and investors watching closely.
WLD is making another run at a rally, influenced by bullish momentum.
Worldcoin (WLD) is currently attracting attention as it displays strong signs of a potential rally. Recent market activity indicates increasing buying pressure, suggesting that traders should closely monitor this cryptocurrency for possible gains.
Worldcoin's price has been on an upward trajectory since early September, pushing WLD up to $2.46 and sparking optimism among investors. However, the recent drawdown has dampened this sentiment, with many investors facing significant losses and hoping for a recovery.
Worldcoin is showing strong signs of a rally, with a key bullish indicator suggesting a potential surge.
Binance has successfully integrated Worldcoin's (WLD) mainnet, allowing users to make deposits and withdrawals. This marks a significant step for the cryptocurrency platform.
Worldcoin (WLD) is one of the biggest remaining holdings of Alameda Research, making up around 30% of its portfolio. The latest sale of 143K tokens made use of the WLD rally above $2.40.
OpenAI founder Sam Altman's blockchain project, Worldcoin ($WLD), launched its own blockchain, World Chain, last Thursday. However, the announcement has had little impact on the token's performance.
The first month of Q4 2024 was expected to bring about the altcoin season. While the market is far from experiencing it, certain altcoins are still making waves for reasons beyond just investors' sentiment.
Worldcoin (WLD), the crypto project co-founded by OpenAI CEO Sam Altman, has announced its rebranding to “World Network” or simply “World”.
At a recent gathering in San Francisco, Worldcoin announced its rebranding, now operating under the name "World."
Worldcoin is currently testing key resistance levels, but is that the direction WLD will take?
Analysts are optimistic that cryptocurrency World, formerly known as Worldcoin, could potentially have a price rally despite experiencing a recent price drop.
A $50B global market cap is on the horizon for artificial intelligence based crypto, but multiple token unlocks are luring.
Following the rebranding of Worldcoin to World, the token's price has dipped by ~4% in the past 24 hours. Despite this short-term decline, crucial updates such as the unveiling of Orb 2.
With the crypto market turning bullish, investors are optimistic about altcoins. This attention will most likely end up on AI Crypto or Artificial Intelligence-based cryptocurrencies due to the upcoming NVIDIA earnings in November.
At an event in San Francisco, co-inventors Alex Blania and Sam Altman unveiled significant updates to their project, now known as the World Network. Among the five key announcements was the introduction of a new generation Orb, designed to enhance the efficiency of World ID proof of human verifications, powered by advanced NVIDIA Jetson technology.
Worldcoin rebrands to change the name to “World” and introduces Orb 2.0. Is an uptrend on the cards for the altcoin despite recent dip?
Worldcoin believes in the Superchain's potential as a network of Layer 2 (L2) blockchains that can share security and work together smoothly. About nine months ago, the Worldcoin protocol moved to the OP Mainnet, and since then, its app, World App, has boosted usage.