Worldcoin Plunges Over 20% in Days As the Crypto Project Retreats From Brazil, France and India: Report

An eye-scanning biometric crypto project is plummeting after reportedly pulling out of Brazil, France, and India. According to a new report by TechCrunch, digital ID-focused crypto asset Worldcoin (WLD), co-founded by OpenAI chief executive Sam Altman, is leaving the three nations just months after launching its Orb verification services.

Timeline of Worldcoin-org

Worldcoin, the cryptocurrency project known for using iris biometric technology, is reportedly on the verge of resuming its operations in Kenya. This development follows a period of regulatory scrutiny that led to suspending its activities in the country.

Representatives from Worldcoin are actively collaborating with regulators to ensure they meet all the necessary requirements set by Kenya. Worldcoin Eyes Resumption of Operations in Kenya Worldcoin, the iris biometric cryptocurrency project, is reportedly on track to resume operations in Kenya, potentially in early 2024.

Worldcoin, the iris biometric crypto project, has reportedly reached an agreement with Kenyan authorities which allows it to resume operations in the African country. Worldcoin representatives are said to be “working directly with regulators to meet Kenya's requirements.

OpenAI chief executive officer and co-founder of WorldCoin (WLD) Sam Altman stressed on the need for more and more data on human identity in the world of artificial intelligence (AI). Also Read: Grayscale Explains Spot Bitcoin ETF Tax Structure; What This Means Identifying Humans Altman spoke at a virtual event, during which he emphasized on

ChatGPT-parent OpenAI's CEO Sam Altman has reaffirmed his commitment to the cryptocurrency project, Worldcoin, in the wake of reports that the firm is seeking $50 million in funding. What Happened: Worldcoin is an ambitious initiative that aims to create a universal identity and financial network.

Crypto analyst and trader known on the Twitter/X social media platform as Ali has tweeted that Worldcoin (WLD) launched by OpenAI founder Sam Altman in July this year may see a big price move as whales seem to be getting ready for this.

Worldcoin (WLD), the blockchain-based identity and financial platform founded by OpenAI's Sam Altman, has unveiled an upgraded version of its World ID feature, known as "World ID 2.0."

Worldcoin recently unveiled an upgraded version of its World ID feature, known as “World ID 2.0.” This enhanced version boasts integration with prominent platforms such as Shopify, Mercado Libre, Reddit, and Telegram, providing users with the ability to verify their humanity on these widely used services.

The Worldcoin project, co-founded by OpenAI's Sam Altman, will offer WLD tokens at a suggested price of $1, according to BitKe. This presents a significant markdown from the current price

What Happened: This rebound occurred shortly after Altman, who was removed from his CEO position of OpenAI on Friday is reportedly open to a return but is insisting on substantial changes to the company's governance, Bloomberg reported citing sources. This includes the removal of different board members.