The regulator ordered that Worldcoin cease collecting data from users in the country for 90 days, citing a high risk to citizens’ data protection rights.
Worldcoin News
Worldcoin (WDC) is a digital cryptocurrency. It is a clone of Bitcoin. Worldcoin is exchanged for other cryptocurrencies on several online exchanges.
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Worldcoin said it has now made components of the software behind its iris-scanning Orbs open-sourced, along with a new “personal custody” privacy feature for user data.
10209A Kenyan government minister said the country has encountered pressure from the U.S. government to lift its suspension on Worldcoin’s activities.
2155Worldcoin operates “lawfully in all of the locations in which it is available” and is designed to fully comply with related laws, the firm said.
3242A third-party project audit reportedly claimed that Orb devices do not record users’ iris codes onto persistent memory and only transmit codes through end-to-end encrypted messaging.
21996Sam Altman’s company will have to freeze its operations in Spain for the next three months.
6581The world’s largest crypto exchange continues to grapple with ongoing legal challenges, particularly in the United States.
10062After hitting 1 million daily users on WorldApp, Worldcoin is running into regulatory roadblocks.
3873Demand for AI has soared this year, with some experts labeling the adoption of the technology as the Fourth Industrial Revolution.
9320According to the PCPD, any personal data — including information from iris scans — controlled by Worldcoin “must be collected for a lawful purpose.”
3776According to the verification project, more than five million people — roughly 0.06% of the world’s population — have created Worldcoin accounts.
3369Amid its ongoing streak of expansions and collaborations, Worldcoin has paused its offline verification procedure in the Indian market.
7523Traditional financial firms are increasingly connecting services, portfolios and operations with digital assets.
3431Worldcoin released a new version of its World ID feature with multiple app integrations.
8935Sam Altman’s eye-scanning world ID project saw its token price go on a wild ride over the weekend after he was fired by OpenAI.
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