Worldcoin, the controversial cryptocurrency and identity platform, is facing significant legal challenges in Brazil after the country's data protection authority, the ANPD, banned the project from paying citizens in cryptocurrency for biometric data. The company, which has been using iris scans to create a global identity system, is now under scrutiny for its data-collection practices, which have drawn concerns over privacy rights and data exploitation.

The country's data protection watchdog, the National Data Protection Authority (ANPD), issued an order. The company must stop offering crypto rewards to Brazilians.

The protocol aims to rival OpenAI founder Sam Altman's Worldcoin project, which is built around scanning users' irises.

Brazil's ANPD bans Worldcoin (WLD) crypto incentives for biometric data collection. Worldcoin's native token, WLD, drops 11.30%, losing over 83% since March 2024.

Authorities claim incentivising users with WLD tokens may have influenced their ability to provide free and informed consent.

Worldcoin's linear token unlock is set to test market resilience. Will WLD's ecosystem drive recovery?

Regulatory scrutiny is mounting against the World ID project and its biometric data collection practices.

Brazilian regulators have found that World Network, formerly Worldcoin, may have influenced user consent by offering financial incentives for collecting biometric data.

Brazil has decided to ban Worldcoin, a cryptocurrency accompanied by an ambitious biometric identification system.

OpenAi CEO Sam Altman's Tool for Humanity met another tough hurdle. This time, it was Brazil, which blocked Altman's effort to create a global identity system. Brazil's data protection authority ANPD, expressed suspicion about the way the organisation processes data, and demanded more transparency in that area.

Brazil has ordered Tools for Humanity (TFH), the company behind Worldcoin, to cease offering crypto or financial incentives in exchange for biometric data. The post Brazil Bans Worldcoin from Providing Crypto or Financial Incentives for Biometric Data appeared first on Cryptonews.

World Network, the iris-scanning digital ID project formerly known as Worldcoin, can no longer offer crypto incentives to Brazilians.

Argentinian authorities are investigating a newsstand operator who allegedly paid customers and “neighbors” around $20 for iris scans, amid ongoing Worldcoin (WLD) controversy in LATAM. The post Argentinian News Stand ‘Paid $20 to Scan Customers' Irises' as WLD Controversy Continues appeared first on Cryptonews.

The crypto market is witnessing fresh enthusiasm under Donald Trump's pro-crypto stance, prompting speculation on which altcoins he may support. With increasing institutional interest and evolving regulations, investors are closely monitoring potential additions to his portfolio.

Worldcoin price was flat on Friday as traders watched the recently announced Stargate Project in the US and the public jabs between Elon Musk and Sam Altman, its founder. WLD, which Altman started, initially rose and then cooled.

Bitcoin (BTC) has recovered from its recent slump, which saw the price drop to an intraday low of $101,441 late on Thursday. The flagship cryptocurrency has registered an increase of nearly 3% over the past 24 hours and is currently trading around $104,612, with bulls looking to push it beyond $105,000.

Worldcoin (WLD) has experienced a notable decline in its price, falling by 10.96% over the past 24 hours to $1.85. As the cryptocurrency approaches a crucial support level, many are questioning whether it's about to turn around or if further declines are on the horizon.

Worldcoin (WLD), a popular cryptocurrency, has been facing significant downward pressure, with its price recently plunging by 10.96% to $1.85. As the token tests critical support at $1.54, traders are left wondering whether a recovery is on the horizon or if the bearish trend will persist.

Worldcoin tokens led crypto market gains for the 24-hour period on Wednesday with a 35% surge over Monday before they retreated hard.

Worldcoin (WLD) price has jumped 19% following Donald Trump's announcement of a $500 billion investment in AI infrastructure. This surge has reignited interest in WLD, pushing it closer to a potential golden cross on its EMA lines, a bullish signal for further gains.

The Bitcoin price is plunging. The token has dropped below $104K while the Worldcoin price has maintained a significant ascending trend. Besides, the volume has surged above $1 billion, suggesting an increased interest in the token. Moreover, the token is the top trending on the altcoin ranking across social media platforms.

The price of Worldcoin jumped Wednesday, leading the crypto market after OpenAI's $500 billion AI initiative was unveiled.

With Donald Trump assuming office as the US President, the crypto market has experienced heightened volatility. While some altcoins have surged, others have faced significant crashes, and many are gaining attention due to recent developments.

Cryptocurrencies were mixed on Wednesday as the market continued to reflect on the actions by Donald Trump and US regulators. Worldcoin (WLD) and ai16z (AI16z) were among the best-performing coins as investments in artificial intelligence rose. iDEGEN, the upcoming crypto project, continued its token sale, attracting substantial sums from investors.

Worldcoin plunges to $1.85, testing key support at $1.54. Can it recover from the bearish trend?

The price of Worldcoin token WLD surged nearly 20% to reach a high of $2.30, as the biometric crypto project reacted to the latest AI-related developments. On Jan. 21, CBS News reported that U.S.

Prominent crypto analytics platform Santiment is alerting that several altcoins may be flashing a bearish signal. In a post on the social media platform X, Santiment says that some altcoins – including Sam Altman's digital identification platform Worldcoin (WLD) and memecoin SPX6900 (SPX) – are being sent to exchanges in relatively large volumes.

Will WLD defend $2 and extend its recovery amid whale sell-offs?

Altcoins display bullish strength as Bitcoin trades around the $100K zone. Immutable (IMX) appears poised for significant gains with its prevailing post-breakout actions. Crypto analyst JAVON MARKS believes IMX bulls will target $4.91 amid magnified bullish sentiments. That will mean an approximately 255% surge from Immutable's current price. IMX targets robust gains past $4.

EverReach Labs' REVENGE, an innovative co-op PvE shooter, partners with Immutable (IMX) to enhance player-spectator interaction and secure asset ownership, marking a new era in gaming.

Solana, Dogecoin, and Worldcoin rebound sharply, but technical analysis suggests risks of dead cat bounces and potential further declines.

WorldCoin has hit a major milestone. It claims to have verified 10 million users on its network.

Although World has reached a significant milestone, regulatory headwinds across jurisdictions remain a challenge for the project.

Although World has reached a significant milestone, regulatory headwinds across jurisdictions remain a challenge for the project.

World, formerly recognized as Worldcoin, disclosed the project achieved progress in 2024, marking a transformative chapter for the initiative. The network grew to encompass over 20 million participants, including 10 million verified human users expanding its global footprint. World Advances Blockchain Technology Amid Rapid Network Growth In a 2024 summary, the World.

Worldcoin co-founder Sam Altman's rumours of a nearing AGI Breakthrough, claiming capabilities to create AI comparable to human intelligence, sparked a Worldocin rally during Monday trading. The post Worldcoin Skyrockets as Sam Altman's AGI Rumors Spark AI Frenzy – Could This Be 2025's Biggest Trend? appeared first on Cryptonews.

Worldcoin (WLD), the native token of the Worldcoin project, has been in the spotlight lately, as the token's price action shows mixed signals amid a major token unlock. As of January 7, 2025, the upcoming unlock of 37.23 million WLD tokens—valued at approximately $90.09 million—has raised concerns over potential selling pressure.

Worldcoin's large transactions have surged by 593.3% as WLD spiked by 7.83% over the past day.

Cryptocurrencies maintain a bullish stance as Bitcoin showcases upside momentum above the $100K mark. BTC changed hands at $101,830 during this publication, and magnified investor optimism suggests more gains. Its upside stance has triggered substantial movements in the altcoins space, with Hedera and Worldcoin stealing the show.

Worldcoin (WLD) has experienced a spike in daily trading volume, driving its price to a new monthly high of $2.55. Over the past 24 hours, WLD has gained 5%, emerging as the market's top performer during this period.

WLD's price action has been uniform lately, but can it get any better?

The crypto market today has started its Asian trading hours on an optimistic note, with the total market cap increasing by 1.06% in 24 hours to $3.58 trillion. Everyday business saw a significant spike of 39.66% to $127.33 billion. Successively, the Fear & Greed Index currently sits at 66, indicating growing “Greed” among investors.

After a parabolic recovery, the Worldcoin price breached the resistance zone that flashed a huge possibility of gaining a double-digit figure in the upcoming days. Meanwhile, the rejection at $4.2 caused the rally to shed off over 50% of its gains, bringing the token back to its initial levels.

Worldcoin (WLD) is grappling with significant market turbulence as regulatory issues and dwindling whale activity take center stage. In the past 24 hours, large transactions involving WLD have dropped by an alarming 74%, a development that has Drives fears of a potential price correction.

The Block's GMCI indices for memecoins and AI tokens ended 2024 as the largest gainers, while gaming and Layer 2 tokens lost value overall.

Worldcoin (WLD) could face a price correction amid declining whale activity.

Worldcoin [WLD], a prominent cryptocurrency, has captured market attention with its strong performance over the past few days. After hitting a low of $2.01, the token rebounded significantly, reaching a high of $3.04.

WLD has experienced a strong upswing over the past 24 hours, hiking by 8.15% amidst increased demand.