Tracking Worldcoin’s biometric ID system, regulatory challenges, and decentralized identity ambitions.
The updates included the launch of World Chain, an Ethereum-secured Layer 2 blockchain, and new versions of its biometric Orb devices and World App.
The SIC's investigation centers on whether the organizations breached Colombian laws governing the collection and processing of sensitive personal data.
Worldcoin's biometric ID system aims to tackle AI-related identity challenges in Malaysia through blockchain-based iris scans.
As of press time, WLD was trading at $2.65, up 33% over the last 24 hours, based on CryptoSlate data.
The Worldcoin Foundation announced 16 grants worth over $800,000 at current WLD prices.
Worldcoin continues to face significant legal troubles despite its recent victories.
Worldcoin's WLD token tumbled 5% following the regulatory issues in Hong Kong.
