Worldcoin: Welcomes investigation by South Korean regulators
According to a report by news1, the Personal Information Protection Commission in South Korea is investigating Sam Altman's blockchain project, Worldcoin. Worldcoin welcomes the investigation by South Korean regulators. This is the first time Worldcoin has taken a stance on the investigation by South Korean regulators. Previously, it was reported that the Personal Information Protection Commission in South Korea is investigating whether the way Worldcoin collects iris information is compliant.
Spain's High Court upholds temporary ban on Worldcoin's iris-scanning crypto project over child participation and privacy concerns
Worldcoin, a crypto project that collects iris data to create a digital ID database, has been hit with a temporary three-month ban by Spain's Data Protection Agency (AEPD) due to concerns over child participation and privacy rights. The AEPD has prohibited Worldcoin from collecting any more personal data or using any data it had already gathered. Worldcoin filed a lawsuit against the ban, but the High Court rejected the request, citing the "safeguarding of the public interest" and Worldcoin's "unsubstantiated assertions". Despite concerns over privacy issues, Worldcoin's WLD token has risen more than 280% in the past month and currently sits at just under $10.
Spanish High Court upholds temporary injunction against Worldcoin iris scanning project
According to Reuters, the Spanish High Court announced on Monday that it upheld the temporary ban on Tools for Humanity's iris scanning enterprise project and dismissed the appeal of Worldcoin's owner. The court stated in a statement that "protecting the public interest" must take priority, and if the final judgment is favorable to lifting the ban, Tools for Humanity will be compensated for any loss of income, thus rejecting the appellant's claim of "irreparable damage."
A giant whale withdrew 119,600 WLD from OKX 1 hour ago
According to Scopescan monitoring shows that one hour ago, a whale extracted 119,600 WLD (1.1 million US dollars) from OKX. Currently, the whale holds 519,600 WLD (4.84 million US dollars) and 905 billion PEPE (8.54 million US dollars).
WLD broke through $10 and hit a new all-time high, rising more than 360% in the past month
WLD broke through $10 to reach a new historical high, with a current price of $10.11 and a rise of over 360% in the past month.
WLD rebounded and broke through $8, with a 24-hour increase of 10.8%
According to arket data on March 9th, WLD rebounded and broke through $8, now priced at $8.01, with a 24-hour increase of 10.8%.
Worldcoin's Biometric Scanning Business Challenged Over Compliance with EU Data Protection Regulations
A German arm of Worldcoin, a controversial blockchain digital identity business founded by Sam Altman, has taken legal action against a suspension order from Spain's data protection authority. The order instructed Worldcoin to temporarily halt its eyeball-scanning business and processing of data already collected from people in the market. Worldcoin is disputing the order, stating that its business is fully compliant with all EU laws relating to biometrics, data transfer, data processing and data protection. Meanwhile, Worldcoin is also facing concerns over its compliance with the EU's General Data Protection Regulation, with the BayLDA investigating whether the company complies with the GDPR.
Worldcoin announces 28 projects selected for Wave0 community grant program
Worldcoin has announced 28 projects selected for the Wave0 community grant program to advance the construction of the Worldcoin Tech Tree. These projects include Votexx, NEBRA, Ribbon Protocol, xx Network, Rarimo, and Wonderland, among others.
Worldcoin: The protocol’s SMTB has been officially verified
According to official sources, Worldcoin's Semaphore Merkle Tree Batcher (SMTB) protocol has passed formal verification. SMTB is an important component of Worldcoin's World ID protocol, responsible for efficient on-chain operations of zero-knowledge proof circuits. This verification is an important milestone for the Worldcoin protocol and represents substantial recognition of its stability and reliability.
Worldcoin cryptocurrency token surges by 42% in 24 hours, almost triples in value in one week
The value of Worldcoin, a cryptocurrency token linked to Sam Altman's digital ID project, has risen by 42% in the past 24 hours after the release of OpenAI's latest AI tool, Sora. This is part of a larger trend that has seen the token's value almost triple this week, with a market capitalization of almost $1 billion, making it the 88th most valuable cryptocurrency. Worldcoin aims to provide a unique digital identity to users through an in-person eye scan, with the resulting data stored on the blockchain. However, concerns have been raised about the potential for the project's generative AI tools to produce convincing deepfakes and false content that could easily spread online, and OpenAI has stated that the safety of the project is being tested before its release. The total cryptocurrency market is currently estimated to be worth $2.09 trillion, with the value of the market growing around 2% in the last 24 hours.
