In recent months, Sam Altman’s open-source protocol Worldcoin (WLD) has faced increasing legal challenges as Portugal and Spain cracked down on its biometric data collection practices. Argentina has joined the list, issuing an indictment against Worldcoin after detecting allegedly abusive clauses in user contracts. Worldcoin Faces Legal Scrutiny In Buenos Aires Buenos Aires authorities have…
Worldcoin, the ambitious project aiming to establish a universal digital identity through iris scanning, has grabbed headlines once again. This time, it’s not for its controversial practices, but for an 80% price surge in its native token, WLD, within a week. However, digging deeper reveals a multifaceted story marked by triumphs, challenges, and lingering concerns.…
In a recent development, Portugal’s data regulator, the National Commission for the Protection of Data, also known as the CNPD, has issued an order to stop Sam Altman’s iris scanning project, Worldcoin, from collecting biometric data for 90 days. Worldcoin’s Compliance Under Fire According to a Reuters report, the CNPD’s suspension specifically targets the Worldcoin…
Worldcoin, the digital identity token ERC-20 project on the Ethereum (ETH) blockchain, has garnered significant attention. Its native token, WLD, emerges as the top performer among the top 100 cryptocurrencies by market capitalization. The token has experienced a remarkable 31% uptrend in just 24 hours and a staggering 217% surge over the past fourteen days.…
Worldcoin (WLD) has seen its value plummet by nearly 9% in just 24 hours, with the price settling at around $5.20. This decline aligns with a critical analysis issued by DeFi^2 (@DefiSquared), the current top trader on the crypt exchange Bybit, who has raised concerns about the potential for substantial inflationary pressures and misleading marketing…
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Worldcoin’s latest rally drew a sharp increase in on-chain activity, with whale transactions, active addresses and new wallet creation all surging as WLD briefly climbed above $0.408 to an 11-week high. The move has since reversed, with live market data showing WLD back near $0.31 after a double-digit 24-hour drop, making the rally look increasingly…
Arthur Hayes has amplified a bullish Worldcoin thesis from Maelstrom, arguing that WLD could become a high-beta proxy for the coming wave of artificial intelligence IPOs. The call centers on a short-heavy setup, a potential balance-sheet bid from Eightco, and a scheduled reduction in WLD unlocks later this month. Hayes, the BitMEX co-founder and Maelstrom…