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news-imageJanuary 6, 2025

Worldcoin's Adoption Challenges: Whale Exodus Drives Fears of Price Correction

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.
Publisher: The Currency Analytics
Sentiment: Negative
WLD

More News Articles

Negative
cover-imageThe Currency Analytics
January 7, 2025

Worldcoin's Latest Token Unlocks: What's Next for WLD's Price

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.

Positive
cover-imageCoinPedia
January 7, 2025

Crypto Price Today (Jan 07th, 2025): Bitcoin Price Climbs Above $100k | WLD, RNDR, BTT Surge Big!

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.

Negative
cover-imageThe Currency Analytics
December 20, 2024

Worldcoin (WLD) Struggles Amid Sell-Off, Eyes $4 Recovery

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.

Negative
cover-imageCryptopolitan
December 20, 2024

German watchdog goes after Sam Altman's Worldcoin over biometric data practices

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).

Negative
cover-imageAltcoin Buzz
December 20, 2024

German Regulators Crack Down on Worldcoin Data Practices

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).

Negative
cover-imageCrypto Economy
December 14, 2024

Worldcoin: Privacy and Security Risks of Biometric IDs

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.

Positive
cover-imageThe Currency Analytics
December 8, 2024

Worldcoin Jumps 31% as $4.5 Resistance Approaches

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.

Positive
cover-imageCoinPedia
December 6, 2024

WLD Price Teases Rounding Bottom Breakout: Next Target $6.62?

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.

Negative
cover-imageCrypto Economy
November 29, 2024

Worldcoin's World ID Credentials Now Being Piloted in Select Countries: Is Personal Data at Risk?

TL;DR Worldcoin's World ID Passport Credential pilot in select countries aims to enhance user experience by linking valid identity documents to World ID without third-party sharing. Privacy concerns arise from the collection and storage of biometric data, with regulatory scrutiny and bans in countries like Spain, Hong Kong, Kenya, and South Korea.

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