South Korea's Personal Information Protection Commission (PIPC) imposed a collective fine of KRW 1.14 billion ($861,408) on Worldcoin and its affiliate Tools for Humanity (TFH) for failures related to disclosure requirements, according to a Sept. 25 press release.
Worldcoin launches in three additional countries, striving to enhance online security against the growing threat of AI bots.
The Worldcoin Foundation and its partner, Tools for Humanity (TFH), were fined a total of $860,000 by South Korea's Personal Information Protection Commission (PIPC) on Thursday for violations related to the collection and transfer of biometric data.
The Worldcoin Foundation, along with its partner Tools For Humanity, was fined 1.1 billion Korean won, which is about $829,000. This penalty comes from the country's Personal Information Protection Commission (PIPC).
South Korea's privacy watchdog has fined Tools for Humanity, the company behind Worldcoin, over $830,000 for breaking local data protection laws.
Worldcoin (WLD) is gaining attention in the cryptocurrency space, particularly for its focus on decentralized identity verification. This innovative approach, alongside the growing interest in AI-driven cryptocurrencies, has attracted interest from investors and analysts.
Worldcoin (WLD), the cryptocurrency tied to OpenAI's CEO Sam Altman, is the biggest gainer among the top 100 cryptos today. In the last 24 hours, Worldcoin's price has increased by 15.50% while trading at $2.09.
Despite these violations, the PIPC did not ban Worldcoin's data collection practices.
Cryptocurrencies appear calm, with slight 24-hour price movements, as Bitcoin failed to solidify beyond $64,000 after the latest leg up. While top altcoins present mixed signals amid emerging bearishness, AI crypto Worldcoin (WLD) displayed resilience, painting its daily chart green after an over 17% uptick. WLD jumped from the daily low at $1.
Worldcoin price has been on a tear, rising 33% over the past week. The asset has turned bullish and could reclaim $4 in the coming days if crypto market conditions remain the same.
Worldcoin witnessed a strong whale selloff yesterday, Sept. 25, but the asset still continued its upward momentum.
Worldcoin (WLD) turned out to be the biggest gainer of the day, decoupling from a slightly bearish trend emerging among the largest of the cryptos like Bitcoin (BTC) and Ethereum (ETH). WLD price jumped by over 17% in the last 24 hours while BTC and ETH saw a marginal decline
Tools for Humanity, the company behind Worldcoin, says it welcomes the announcement, and added that it has since remedied the “weaknesses.”
The cryptocurrency prices on September 26 have again raised investor concerns globally as Bitcoin and major altcoins plunged into the red territory. Notably, even the global crypto market cap slipped 1.92% to $2.22 trillion today.
Worlcoin (CRYPTO: WLD) topped the cryptocurrency market gainers list Wednesday on developments surrounding the project's founder, Sam Altman. What happened: WLD, the native currency of the decentralized identity verification project was up more than 10% as of this writing, with the cryptocurrency's trading volume surging 83% in the last 24 hours.
The Worldcoin price printed two massive daily bullish candles in mid-July, which halted the descending trend and triggered a strong rebound. Sadly, the gains squeezed completely as the token dropped below the previous lows.
Worldcoin rose for the third consecutive day after developers expanded their product launches to more countries. Worldcoin launches in more countries Worldcoin (WLD) retested the important resistance level at $2, its highest point since Aug. 2.
Bitcoin holds above $63k as SEI, WLD, and POPCAT top the altcoin gainers' list.
Worldcoin expanded its World ID verification services to Guatemala, Malaysia, and Poland on Wednesday, responding to growing concerns about AI-driven fraud and the need for secure online identity verification.
The cryptocurrency market remains a mix of volatility and opportunity. While Bitcoin struggles to maintain its momentum against the 200-day moving average, several altcoins are displaying notable strength.
Worldcoin (WLD) price has exhibited a strong upward trend recently. The momentum builds as the broader market experiences a surge.
As Bitcoin bears continue to defend the resistance at 200-day MA, some altcoins display strength. Ethereum trades at $2,612 while the BinanceCoin price crosses $600. Besides, Solana, XRP, Dogecoin, and Cardano consolidate below their respective resistances at $150, $0.6, $0.12, and $0.4.
The crypto market teases a bull market ahead, with the Bitcoin price rejecting targets below $63,000 and aiming for a breakout rally to surpass $64K. Amid such conditions, the social engagement of AI crypto tokens, gaming tokens, and meme coins is rising. Based on Lunar Crush's top coins, TAO ranks among the top AI tokens.
Solana (SOL), Sui (SUI), Worldcoin (WLD), Immutable (IMX), and ZetaChain (ZETA) are five coins that risk suffering a price crash ahead of major token unlocks. This event typically provides a bearish outlook for coins since it could lead to massive selling pressure, with investors offloading their holdings on the market.
Worldcoin [WLD], a project that once attracted significant attention, has faced a tough battle in recent months. Despite a recent 14.32% surge in price over the last two days of trading, the broader picture is far less promising.
The recent price surge has also been supported by bullish technical indicators.
WLD price jumps 13.6% as European expansion and bullish technicals signal further upside potential.
The steady activity seen from April to July fell dramatically in early August and struggled to recover.
A cryptocurrency whale cashed out $3.2 million in PEPE, FLOKI, and WLD holdings, securing a $200,000 profit. The sell-off came after the Federal Reserves rate cut, with traders reacting to increased market volatility.
This step is taken to make sure that users who use the app for multiple things are more protected. Approximately 6.7 million users have formally confirmed their “personhood.
A crypto whale has sold his entire Pepe coin, FLOKI, and Worldcoin holdings amid the recent price surge in the market. The digital asset market notched increased sentiments following interest rate cuts by the Federal Reserve.
TL;DR Worldcoin has launched Face Auth, a new facial recognition feature in its World App, which has raised privacy concerns. Face Auth, currently in testing, offers 1:1 facial comparison and will be used in applications such as online purchases and financial transactions.
Global digital identity and cryptocurrency project Worldcoin has unveiled Face Auth, a new security measure for identity protocol World ID.
World App users in select locations may begin testing facial recognition as an added security layer for accessing the application.
Worldcoin's World ID has officially launched in Poland. The launch enables individuals to orb-verify their World ID at specified locations in Poland's capital, Warsaw.
The Worldcoin team announced that World ID is now available in Poland, thus increasing its tech access in Europe.
The launch of Worldcoin's world ID on the Solana chain has resulted in its native token “WLD” price recording a jump of ~5% in hours. Moreover, with the rising volatility in the crypto market, the altcoin hints at the possibility of experiencing a major breakout.
Sam Altman's AI meets crypto project Worldcoin (WLD) continues to mark monumental strides across the globe. On Wednesday, the project, renowned for its ‘orb' verification process, revealed that it had brought World ID verification to Poland.
A crypto project that made waves last year with its iris-scanning technology has made its way to a new blockchain. According to a new blog announcement from Sam Altman's Worldcoin (WLD), the identity-focused project is making the jump to Solana (SOL) via the Wormhole interoperability platform.
Worldcoin's World IDs are now integrated into Solana's ecosystem through Wormhole, offering enhanced user verification and potential for faster micropayments.
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Worldcoin price took a turn for the better last week after OpenAI announced the launch of their newest product, o1. The hype around the project propelled WLD price by over 18% in less than 12 hours.
Authorities are probing unlicensed sales of Worldcoin accounts, warning of possible misuse for money laundering or terrorism financing.
Worldcoin (WLD) has recently emerged as a notable performer in the cryptocurrency market. Despite experiencing a decline of nearly 10% over the past month, WLD has demonstrated significant gains and caught the eye of many investors.
WLD has been one of the market's best gainers lately, but will that change soon?
Worldcoin announced that the Wormhole interoperability platform has expanded its World ID feature to the Solana blockchain, according to a Sept. 13 statement.