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Worldcoin (WLD), the native token of the “privacy-preserving digital identity (World ID)” project founded by OpenAI co-founder Sam Altman, soared after listing on major crypto exchanges on July 24. At the time of writing, WLD trades at $2.22, reflecting a 33% gain on the day. Despite criticism from nearly every corner
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Is Sam Altman’s UBI startup a smart countermeasure to AI, or a privacy nightmare? Jeff Wilser reports. Original Source
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The launch of the blockchain-based digital passport platform Worldcoin has polarized the cryptocurrency community, with people raising questions about its centralization, privacy and security.Worldcoin released its token, WLD, on July 24, with major exchanges such as Binance announcing support. The project consists of World ID, a privacy-preserving digital identity, and
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Blockchain security firm PeckShield has detected multiple fake Worldcoin tokens amid the recent launch of OpenAI CEO’s cryptocurrency. PeckShield identified two fake Worldcoin tokens circulating on the Ethereum network. The first demonstrated a staggering 100% price drop,
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Vitalik Buterin, the co-founder of the Ethereum network, released a long-form essay with his thoughts on the recently launched Worldcoin human identity verification system. On July 24th, Buterin tweeted his response to Worldcoin which launched on the same day. What do I think about biometric proof of personhood?https://t.co/yozo1buW24— vitalik.eth (@VitalikButerin) July
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All 7.5 billion WLD, which will go to the community was minted before the launch, and the foundation aims to allocate 6 billion of those to users, but they will be unlocked over 15 years, said a Worldcoin representative. However, none of the tokens allocated to users are locked up,
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"In the age of AI, the need for proof of personhood is no longer a topic of serious debate; instead, the critical question is whether or not the proof of personhood solutions we have can be privacy-first, decentralized, and maximally inclusive," Worldcoin co-founder Alex Blania said in a press release. Original
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Input Output Global (IOG), the development team behind Cardano, has introduced a new update for Mithril, a solution that aims to enhance the efficiency and security of Cardano. According to IOG on July 20, Mithril is in the testnet
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The U.S. Federal Reserve denies that its new instant payments service, FedNow, is in any way tied to the digital asset space. But experts say the new system could lay the groundwork for the infrastructure needed for a potential central bank digital currency (CBDC) in the U.S. And so this
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The United Kingdom’s Financial Conduct Authority (FCA) has announced the launch of its Digital Sandbox, aimed at supporting tech firms in the early stages of product development.In a July 20 announcement, the FCA said the Digital Sandbox will become available on a permanent basis starting on Aug. 1. The financial
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