Sam Altman’s OpenAI ouster sees rollercoaster Worldcoin price

Worldcoin (WLD), the token of Sam Altman’s retina-scanning project of the same name, saw major volatility over the past few days as he was ousted from OpenAI, reported to be in talks to make a return before finally being replaced. WLD saw a Nov. 16 high of $2.48 before starting a slide tha ...

OpenAI’s crisis escalates as more staff resign after CEO removal: Report

The turmoil at OpenAI continues to escalate after its founder Sam Altman was abruptly ousted on Nov. 17, with three senior researchers reportedly quitting the artificial intelligence company.OpenAI’s board of directors announced Altman's removal from the CEO position in a blog post, ...

Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO

ChatGPT developer OpenAI has removed founder Sam Altman from its CEO position, according to a November 17 blog post. Chief technology officer Mira Murati will be promoted to interim CEO. According to the post, the Board of Directors engaged in a “deliberative review process,” which re ...

Crypto Biz: Value of X halves, CME rises among top Bitcoin futures exchanges, and other news

The crypto industry continues to anticipate the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States as more investment managers file amended applications with the Securities and Exchange Commission (SEC).The high level of anticipation has even caused the Chicago Merc ...

Worldcoin claims 4 million app downloads and 1 million active users

Iris-scanning project Worldcoin has reached a new milestone, as its mobile World App has now been downloaded over 4 million times, according to a November 1 blog post from the project’s team. If this number is eventually confirmed by Coingecko, it could place World App in sixth place in Coi ...

Over 200,000 Chileans Embrace Worldcoin’s World ID Amid Privacy Concerns

In a noteworthy development, Worldcoin (WLD) proudly announced on September 24 that more than 200,000 individuals in Chile have enrolled and successfully completed the verification process for its innovative World ID project. This remarkable feat reflects the growing traction of the digital identity ...

Over 200,000 Chileans Embrace Worldcoin’s World ID: An In-Depth Look

n Chile have eagerly embraced its innovative World ID. This milestone underscores the growing interest in digital identity solutions. Notably, Worldcoin's World ID aims to offer individuals a convenient and secure way to prove their humanity in an increasingly digital world. However, this achievemen ...

Challenges and Growth of Worldcoin: A Closer Look

At a recent conference, Sam Altman, co-creator of Worldcoin, an identity-focused cryptocurrency project, discussed the significant operational challenges the project is facing as demand grows. Altman, who also serves as the CEO of OpenAI, emphasized the challenges related to manufacturing the necess ...

AI Tokens Defy Controversy: Resilience Amid Worldcoin’s Debut

The introduction of Worldcoin into the cryptocurrency landscape brought attention to the world of artificial intelligence-powered tokens (AI-tokens). Despite the controversy that shrouded Worldcoin's debut, recent trading data from Kaiko suggests that AI tokens have demonstrated remarkable resilienc ...

Worldcoin’s Controversial Debut Fails to Spark August Surge for AI Tokens

The cryptocurrency market has witnessed a roller-coaster ride throughout this year, driven by various macroeconomic factors. Amidst this backdrop, the controversial launch of Worldcoin has managed to divert the attention of investors towards AI-powered tokens. However, recent trading data, as analyz ...

Worldcoin signs up over 9K users in Argentina in a single day despite criticism

Human ID project Worldcoin signed up over 9,500 users in Argentina in a single day in August, setting a record for single-day signups. To achieve this feat, facilitators onboarded participants at an average rate of less than nine seconds per person, according to an Aug. 31 announcement from the p ...

If Worldcoin can improve the world, why not give it a chance?

All eyes have been on Worldcoin (WLD) since the July 24 launch of its “World ID” system. The issues associated with the launch have been well reported at this juncture. They include possible onboarding security risks along with Worldcoin’s use of biometric data, which is now under investigation b ...

Controversial Claims Surrounding Worldcoin: Insights from a Former Employee

Worldcoin: Controversial Claims from a Former Employee Worldcoin (WLD) has become one of the most talked-about cryptocurrencies of recent times, and there are several reasons behind it. One of the main reasons, of cours ...

Argentine agency opens investigation into Worldcoin over biometric data

Authorities in Argentina have become the latest government officials to probe cryptocurrency project Worldcoin over privacy concerns.In an Aug. 8 announcement, Argentina’s Agency for Access to Public Information (AAIP) said it was investigating Worldcoin over its collection, storage ...

Weekend Wrap: Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more

Celsius' Mashinsky motion to dismiss deniedThe former chief executive of crypto lending platform Celsius Network, Alex Mashinsky, is back on track to face a civil fraud lawsuit after a New Yor judge denied his motion to dismiss the case.A court order issued on Aug. 4 by New York Cou ...

Crypto Biz: Worldcoin plans to open source data, MicroStrategy preps for BTC halving, and more

The launch of the controversial digital ID crypto project, Worldcoin, has stirred up a wave of attention and debate. Led by Sam Altman, the CEO of OpenAI, Worldcoin made headlines with its promise to introduce a futuristic digital identity system based on iris scanning, differentiating humans fro ...

Worldcoin’s Orb had serious security vulnerability in operator onboarding: CertiK

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 sec ...

Worldcoin: Should you let Sam Altman scan your eyeballs for WLD?

OpenAI founder Sam Altman launched Worldcoin in July, a cryptocurrency token offered to people willing to share their biometric data by scanning their eyeballs with an Orb, seeking to link real-world identity with decentralized blockchain identity. Many aspects of the project embody the dystopian ...

Worldcoin stuck after 70% drop from peak — More downside for WLD price?

The price of Worldcoin (WLD) has stabilized after a volatile debut across mainstream cryptocurrency exchanges.On July 29, the 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 ra ...

Worldcoin is making reality look like a lot like Black Mirror

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 Worldcoi ...

French privacy watchdog questions Worldcoin’s data collection method: Report

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: ...

Optimism transaction volumes surpass Abitrum’s for the first time in six months

The Optimism network has surpassed Arbitrum in transaction volume for the first time in six months, according to July 27 data from blockchain analytics platform Artemis. Both networks are layer 2s of Ethereum that use optimistic rollup technology, which compresses and batches transactions before ...

OpenAI creator launches Worldcoin

In the latest episode of The Market Report, analyst and writer Marcel Pechman discusses the Worldcoin token launch, why it is controversial, and the differences between it and most altcoins. According to the analysis, investors should take time to understand the project before even considering an ...

Worldcoin launch raises eyebrows as WLD price notches a double-digit gain

Worldcoin (WLD), the native token of the “privacy-preserving digital identity (World ID)” project founded by OpenAI co-founder Sam Altman, soared after listing on major crypto exchanges on July 24. At the time of writing, WLD trades at $2.22, reflecting a 33% gain on the d ...

Worldcoin launch divides opinions — Crypto community has its say

The launch of the blockchain-based digital passport platform Worldcoin has polarized the cryptocurrency community, with people raising questions about its centralization, privacy and security.Worldcoin released its token, WLD, on July 24, with major exchanges such as Binance announcing sup ...

Sam Altman’s Worldcoin passes 2M sign-ups after months of touring

Worldcoin, a cryptocurrency and digital identification project has seen more than two million users sign up to its “global identity protocol” dubbed World ID. According to a July 13 statement, the World ID project — which is still in beta testing— passed two mi ...

Worldcoin confirms it is the cause of mysterious Safe deployments

Worldcoin is the cause of a slew of Safe deployments to the Optimism (OP) network over the past week, according to a June 27 social media post from Tiago Sada, head of product for Worldcoin developer Tools for Humanity. The deployments had caused a stir on Twitter, as users wondered who wa ...

Floki Coin’s Surge in Value After Promotion on Chinese State TV CCTV-5

The value of Floki Coin rose 10% after an advertisement for the token appeared on the Chinese state TV channel CCTV-5 during the broadcast of the World Table Tennis Championship. The project team said the cryptocurrency received a large i ...

Weekly Funding Roundup: Diverse Projects Raise $214.35 Million from Prominent Funds

Worldcoin raised the most money at $115 million Four of the projects did not disclose the amount of investment The most active funds this week were Polygon Fund, OrangeDAO, gmjp All of them participated in two rounds of funding Here is the ...

Worldcoin Raises $115 Million in Funding Round Led by Blockchain Capital

The developer of the crypto project Worldcoin - Tools for Humanity - was able to raise $115 million in a new funding round, led by Blockchain Capital. A16z, Bain Capital Crypto and Distributed Global also participated in the round. "As we enter the era of ...

Worldcoin Raises $115 Million in Series C Funding for Development of World App and Token Launch

The startup has already raised $240 million in total The project is set to launch the token in late 2023 Cryptocurrency project Worldcoin has completed a $115 million Series C funding round led by Blockchain Capital. The round was led by Blockchain Capital, wi ...

Worldcoin’s Biometric Verification System Faces Scandal Amid Security Breach

This is how the country bypassed the regional blocking The service costs only about $30 Worldcoin is aware of the problem and has already taken certain steps to solve it In particular, the company has changed the user registration mechanism ...

Bitpanda Invests $10 Million in AI Division, OpenAI Launches Worldcoin Wallet

European cryptocurrency investment platform Bitpanda is going to invest $10 million to create a special division for developments in the field of artificial intelligence. Bitpanda said that investing into artificial intelligence is the "natural next step" in the company's ...

OpenAI CEO Sam Altman Seeks $100 Million Funding for Worldcoin Cryptocurrency Project

OpenAI CEO Sam Altman plans to raise about $100 million in funding for his Worldcoin cryptocurrency project. According to three people with knowledge of the deal, Sam Altman is in preliminary talks to raise the cash as he prepares to launch Worldcoin in the next few weeks. ...

Worldcoin, Co-founded by OpenAI CEO, Seeks to Raise $100 Million in Funding

The company plans to release its token later this year The firm previously unveiled a digital ID and World App OpenAI CEO and Worldcoin co-founder Sam Altman is in talks to raise an additional $100 million. This is the third major round of the company, launched i ...