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The digital identity project Worldcoin has garnered significant interest in Chile, with over 200,000 verified users since its launch in July 2023. In a Sept. 24 blog post, Worldcoin announced that more than 200,000 Chileans had signed up for its global identity protocol, World ID. For a country boasting a population
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied France’s and Germany’s data regulators are jointly investigating Worldcoin’s data collection methods, specifically focusing on iris scans. France’s data protection regulatory authority, CNIL, has recently focused on Worldcoin. With a probe into the company’s Paris office
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In today's crypto news roundup, we delve into a series of significant events that have shaped the digital currency landscape. From PayPal's groundbreaking entry into the stablecoin market to regulatory challenges faced by Worldcoin in Kenya, the crypto world continues to be a blend of innovation and controversy. Meanwhile, Huobi
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The controversial Worldcoin project had a serious security vulnerability, CertiK has disclosed on X (formerly known as Twitter). Worldcoin pays people to become part of its World ID ecosystem by submitting scans of their irises through a device Worldcoin calls an Orb. According to security platform CertiK, the vulnerability in the
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Wolrdcoin, which was co-founded by Sam Altman, CEO of ChatGPT developer OpenAI, is an identity and cryptocurrency protocol that uses iris scans to verify users. The company has designed its own hardware, known as the Orb, to do so, and claims that the biometric data doesn't leave the device and
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This week, government agencies intensified their enforcement actions against fraudulent crypto activities, responding to a rise in hacking incidents, scams, and fraud. One notable case involved the hacking of CoinsPaid. Alongside these developments, regulatory initiatives remained in focus, with the passage of a pro-crypto bill in the US Congress garnering attention. Crypto
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The French National Commission on Informatics and Liberty (CNIL), France’s data protection agency, is questioning the legality of Worldcoin's data collection methods, according to a Reuters report. In an email to Reuters on July 28, CNIL said:“The legality of this collection seems questionable, as do the conditions for storing biometric data.”CNIL
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Vitalik Buterin, Ethereum’s co-founder, shared his perspective on Worldcoin’s (WLD) human identity verification system, launched earlier today. Buterin’s blog post revolved around Worldcoin and its vision, as well as the overarching theme that informed the development of
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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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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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