Worldcoin (WLD) has recently been under significant sell-off pressure, as both Smart DEX traders and large whales took profits, leading to a noticeable decline in the coin's price. After reaching a high of around $3.85, these market players sold off large amounts of WLD, triggering a drop in the coin's value.
Worldcoin, a digital identity project co-founded by OpenAI CEO Sam Altman, is under regulatory scrutiny in Germany for its handling of biometric data. The Bavarian State Office for Data Protection Supervision (BayLDA) has concluded its investigation into the project, demanding compliance with the European Union's General Data Protection Regulation (GDPR).
This ruling underscores Germany's stringent stance on data privacy, impacting Worldcoin's operations and raising broader questions about biometric data usage in crypto.
Bitcoin (BTC) plunged below $100,000 following Federal Reserve Chair Jerome Powell's comments on reducing rate cuts in 2025, rattling investors and leading to a massive selloff across asset classes.
Worldcoin, the biometric digital identity project co-founded by OpenAI CEO Sam Altman, is under scrutiny in Germany for handling sensitive data. The Bavarian State Office for Data Protection Supervision (BayLDA) has ordered Worldcoin to align its practices with the European Union's General Data Protection Regulation (GDPR).
The crypto company Worldcoin under pressure: Germany demands the removal of non-compliant biometric data. Details here!
Bavaria's data regulator has directed Worldcoin to establish a GDPR-compliant data deletion protocol by January's end.
The Bavarian State Office for Data Protection Supervision (BayLDA) has ordered Worldcoin to implement stricter privacy measures after concluding its investigation into the company's biometric data practices. Worldcoin (WLD) has been instructed to provide a GDPR-compliant data deletion process within one month.
The Bavarian State Office for Data Protection (BayLDA), a German privacy watchdog, ordered Worldcoin to delete users' biometric data. The company has appealed the decision.
Smart DEX Traders and whales take profits as WLD declines but the $2.40 support shows signs of holding.
Worldcoin, co-founded by Sam Altman, must delete non-compliant data following a German regulator's ruling for violating GDPR, emphasizing the need for user consent and data erasure rights in its biometric identification practices. The post German Watchdog Orders Worldcoin to Delete Non-Compliant Data, Citing GDPR Violations appeared first on Cryptonews.
Near Protocol (NEAR) has quickly emerged as a promising player in the blockchain space, gaining attention for its scalability, energy-efficient features, and robust ecosystem for decentralized applications (dApps). As a Layer-1 blockchain, NEAR offers several advantages, including lower transaction fees, higher transaction speeds, and a commitment to climate neutrality.
Several altcoins including the native token of the XRP Ledger, Solana's native token SOL, Maker's governance token MKR, and Worldcoin's WLD could soon see significant price surges over a key technical indicator that just flashed buy signals for these.
Spanish data protection watchdog AEPD on Thursday ordered that Sam Altman's company Worldcoin delete all iris scan data it had collected in the country.
German regulators demand compliance changes from World ID after a biometric data investigation.
German regulators demand compliance changes from World ID after a biometric data investigation.
As 2024 nears its close, the cryptocurrency market is once again showcasing its dynamic and volatile nature, capturing the attention of traders and investors navigating shifting trends.
A new altcoin, Hyperliquid (HYPE), is rapidly making waves in the cryptocurrency market, now ranking as the 28th largest cryptocurrency by market capitalization. This ascent has seen HYPE surpass established coins like Near Protocol (NEAR), with its value soaring by 204% in just two weeks, bringing its market capitalization to around $8.93 billion.
AI crypto tokens like WLD, FET, and GRIFFAIN could see explosive growth in 2025, fueled by bullish chart setups, AI investment trends, and loose regulations under Trump.
TL;DR Worldcoin challenges the ethical boundaries of technology by compromising biometric data in the name of innovation. The closed WLD network contradicts blockchain decentralization, exposing sensitive data to critical vulnerabilities. The combination of ZK-proofs and fully homomorphic encryption offers a pathway to more secure and ethical digital identities.
TAO might be on the verge of regaining its bullish momentum on the charts.
The cryptocurrency market is brimming with opportunities, but knowing where to invest your hard-earned money can make all the difference. Two coins currently garnering attention are NEAR Protocol ($NEAR) and Altura ($ALU).
The large transaction volume of WLD tokens has surged by 252% as well, indicating growing confidence from whales.
Bitcoin (BTC) reached an intraday high of $102,500 on Thursday as the crypto market staged a dramatic recovery after the crash earlier in the week. However, selling pressure forced BTC below $100,000, with the cryptocurrency down 1.24% and trading at $99,750.
NEAR Protocol (NEAR) is showing signs of potential recovery after breaking out of a two-year bearish trendline. The blockchain platform, which has gained significant traction due to its innovative sharding technology, has been positioning itself as a scalable alternative to Ethereum.
NEAR has broken its 2-year bearish trendline and eyes $20 all-time highs. Will it sustain momentum and push past key resistance zones?
The crypto markets endured a difficult start to the week as Bitcoin (BTC) briefly retreated to $94,000. The markets witnessed an absolute bloodbath, with $1.5 billion in crypto derivatives positions liquidated thanks to BTC's drop.
The identification company has joined the disappointed listeners of the musical service.
Bittensor (TAO), a promising altcoin, has been catching the attention of traders and analysts alike as it forms a classic “Cup and Handle” pattern on the charts. This bullish chart formation suggests that TAO could be on the verge of a breakout, with price projections pointing toward a potential surge to $1,000—a 65% increase from its current levels.
A wave of token unlocks, valued over $730 million, is set to impact the market this week, with Cheelee leading cliff-based unlocks and Worldcoin dominating the linear release schedule.
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The altcoin industry has signaled a major bull rally in the near term after consolidating in the past eight months.
Worldcoin (WLD) has captured the attention of crypto enthusiasts and traders, surging by 31% over just six days. The cryptocurrency has managed to flip its previous resistance at $2.5 into support, and now the market is eyeing a possible surge to $4.5.
TAO's Cup and Handle pattern projected a breakout towards $1,000, with a 65% surge from its press time levels.
Traders should be wary of a breakout beyond $4 since the market might be overextended.
In the first week of December 2024, crypto whales actively made significant moves, purchasing up a diverse range of altcoins. This buying spree reflects their growing confidence in these cryptocurrencies, likely fueled by favorable macroeconomic conditions or speculative opportunities.
NEAR surges toward $10 with AI integration, growing ecosystem, and bullish market momentum driving gains.
The NEAR Protocol (NEAR) is demonstrating solid potential, with its price trajectory showing both optimism and cautious growth. The cryptocurrency landscape remains volatile, but NEAR's unique features—focused on scalability and usability—have earned it attention among both investors and developers.
Bitcoin and crypto are still generally on the up. However, some cryptocurrencies are showing indications that they are perhaps reaching a top.
Amidst the broader market recovery, the Worldcoin recovery run gains momentum. Teasing a breakout run of a rounding bottom, the WLD price action teases a skyrocketing move ahead. As the bearish influence recedes, Is the WLD price aiming for the $5 breakout? Let's find out in this detailed analysis.
Solana has become the top blockchain largely due to the success of the Raydium Protocol, which leads the decentralized finance (DeFi) space on Solana. Recent reports show that Solana has around 139.3 million active addresses and 5.9 million daily active users, indicating strong user engagement and growth.
Ever since the Bitcoin price surged above the consolidation in the first half of November, the markets have become sure of the strengthening of the bull run. This move also shook the Worldcoin price, which was stuck in a tight consolidation phase as the bears restricted the trade within predetermined price levels.
Bitcoin (BTC) has achieved its biggest milestone yet, surpassing the storied $100,000 mark, as bullish sentiment increased substantially over the past 24 hours. The cryptocurrency beat analyst predictions of an insurmountable sell wall at $100,000 to smash past the level and move to its current $102,964.
An analyst known as a “Master Trader” on the crypto exchange Bybit thinks an altcoin running on the Ethereum (ETH) network is ready to take center stage.
Up 137%, Should This Red-Hot Artificial Intelligence Cryptocurrency Be in Your Portfolio for 2025?
Bitcoin (BTC) held above $95,000 despite facing a slight pullback over the weekend, falling just over 1%. Spot Bitcoin ETFs have seen notable weekly outflows that have stalled momentum towards the $100,000 milestone.
TAO's price stands at $623.78, reflecting a notable 9.8% increase in the last 24 hours. This rally is not just a temporary uptick; it comes with strong market momentum, as trading volume surged by over 40%, reaching $470.79 million.
Worldcoin's price has reached a target, which could result in profit-taking!