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The Bavarian State Office for Data Protection Supervision, or BayLDA, reportedly began an investigation into human identity verification project Worldcoin based on concerns over biometric data.According to a July 31 Reuters report, the German data watchdog launched a probe into Worldcoin’s activities starting in November 2022. Worldcoin, a project started
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WLD token is listed and available via various avenues allowing people to choose the option of purchasing that best suits their needs. Prices are subject to market trends. WLD is available for purchase on all major centralized exchanges (CEXs), such as Binance, KuCoin, OKX, Bybit and Huobi. CEXs, such
Read MoreAn ICO spokesperson said: “Organisations must conduct a Data Protection Impact Assessment (DPIA) before starting any processing that is likely to result in high risk, such as processing special category biometric data. Where they identify high risks that they
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Top Stories This Week Crypto bills pass congressional committee in ‘huge win’ for US crypto A key United States House panel has approved a pair of bills that could finally deliver some regulatory clarity to crypto firms in the country.
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The price of Worldcoin (WLD) has stabilized after a volatile debut across mainstream cryptocurrency exchanges.On July 29, WLD price rose nearly 6% to $2.35. Still, the token was down 70% from its market debut peak of $7.50. It now appears stuck inside the $2-2.50 trading range, hinting at a growing bias
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Worldcoin (WLD) project, which has gained notoriety due to its controversial iris-scanning biometrics, is currently being investigated by France’s data privacy regulatory agency. The Commission Nationale de I’informatique et des Libertés (CNIL), an agency in France
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Proof of humanity protocol Worldcoin released its audit reports on July 28 as criticism of its data collection practices continues to mount. The new reports were conducted by security consulting firms Nethermind and Least Authority. According to an accompanying announcement from Worldcoin, Nethermind found 26 security issues with the protocol, of
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Worldcoin and its native token WLD have been taking the attention of crypto investors, according to recent data from Coingecko. The project recently announced its worldwide launch inviting users to “visit the orb” and receive rewards by onboarding the platform. WLD has doubled its value from its launch on July
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Scanning your iris to become a “verified human” in exchange for digital currency sounds like a Black Mirror episode. But this is not the story arc of a dystopian science fiction show — it’s happening now with one of the latest projects in Web3.The launch of Worldcoin on Optimism has
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No crypto project since Facebook's Libra has generated such hue and cry from within the crypto community. Is it right to be concerned by Sam Altman's iris-scanning uber-ambitious UBI project? Source
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