DataSecurity

Worldcoin is once again in the spotlight—this time due to a warning issued by China’s Ministry of State Security (MSS). In an official announcement published on WeChat on August 6, authorities warned about the growing trend of cryptocurrency projects collecting extremely sensitive biometric data, such as iris scans, in exchange for digital rewards. According to MSS, such practices pose serious risks to individual privacy and national security.

Fake Promises, Real Risks
China’s security agency warns that facial scans, fingerprints, and iris data are increasingly being misused under the pretense of identity verification or token distribution. In some cases, this data is collected without a clear purpose—or worse, transferred to unknown third parties for surveillance or fraud.
While the agency didn’t name a specific project, the description perfectly matches Worldcoin—the controversial crypto platform that relies on biometric verification through a device known as the “Orb.”

What Is Worldcoin – And Why Is It a Problem?
Worldcoin, recently rebranded as World, was launched in July 2023 by Tools for Humanity, co-founded by OpenAI CEO Sam Altman. Its main idea is to create a universal digital identity system called World ID, which users obtain by scanning their iris.
In exchange, users receive the project’s native token, WLD. World claims its system helps distinguish humans from AI online while offering a secure and anonymous digital identity layer.
But that promise has been met with serious concerns.

Global Backlash and Bans
Soon after launch, the project faced strong resistance from governments and regulators. Kenya was the first to ban Worldcoin in September 2023, just months after launch, citing concerns about how citizen data was collected and used.
In Hong Kong, the privacy commissioner ruled that Worldcoin violated personal data regulations, and similar concerns were echoed in France, Spain, Portugal, Brazil, and South Korea. In some countries, Worldcoin has been forced to shut down operations.
While the project claims to use advanced privacy-protection tools like zero-knowledge proofs and insists it complies with local laws, skepticism remains.

Token Falls, Trust Erodes
Meanwhile, the WLD token continues to lose value. It’s currently trading at $0.94, down 45% over the past year and 90% from its all-time high.
The sharp decline is largely attributed to regulatory pressure and fears over potential data misuse. If criticism from China gains traction, the token could face further losses.

One-Minute Recap:
🔹 China warns about crypto projects collecting biometric data for tokens

🔹 Worldcoin (now World) faces criticism for using iris scans

🔹 Banned or restricted in multiple countries

🔹 WLD token is down 90% from its peak

🔹 More downside risk if China introduces regulations

#Worldcoin , #WLD , #CryptoCommunity , #DataSecurity , #DigitalIdentity

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The U.S. Supreme Court has officially upheld the decision to prohibit TikTok, solidifying a monumental change in the nation’s approach to foreign-owned social media platforms. This policy shift underscores heightened concerns surrounding data security and national interests.
⚖️ Key Announcement: TikTok will be inaccessible across the United States starting this Sunday, marking a significant moment in the digital landscape.
This landmark ruling highlights the government’s commitment to addressing issues related to privacy and control over foreign technological influence. While some users may express disappointment at losing access to the popular app, the decision is rooted in prioritizing broader national security concerns.
As the country adjusts to this unprecedented development, stakeholders are urged to stay informed about the implications for the social media industry and digital innovation. The ban signifies a turning point, reflecting the growing importance of safeguarding data in an interconnected world.
#TikTokBan 🚫 #SupremeCourt ⚖️ #DigitalPolicy 🌍 #SocialMediaUpdate 🛑 #DataSecurity

#Chainbase et la sécurité des données En gérant les requêtes de manière transparente et en offrant un historique clair des interactions, #Chainbase renforce la transparence et la traçabilité dans les applications Web3.
#DataSecurity
#ChainbaseSafe
@ChainbaseHQ

Telegram has seen a notable shift in its approach to cooperating with law enforcement agencies worldwide. Following the arrest of CEO Pavel Durov, the company has begun sharing more user data with authorities. A recent transparency report reveals that in 2024, Telegram provided U.S. law enforcement with the IP addresses and phone numbers of 2,253 users, responding to 900 requests. This marks a stark increase from just 14 similar requests processed between January and September 2024.
The shift in Telegram's stance on data sharing comes after Durov's arrest in France, where he faced accusations of hindering child abuse investigations. After this event, Durov publicly acknowledged the company’s new policy of complying with government requests for user data, a significant change from their previous position of resisting such demands. While Durov's legal situation remains unresolved, it has led to a broader discussion about privacy and data security on the platform.
Telegram users worldwide have begun to share their country-specific data from the transparency reports. For example, the U.K. saw 142 requests affecting 293 users, while Germany had 945 requests leading to data disclosure for 2,237 users. In contrast, Russia made no requests, highlighting the differences in international law enforcement practices.
While Telegram has long been praised for its strong stance on user privacy, this shift reflects growing pressure from governments for more transparency and accountability. It remains to be seen how these changes will impact Telegram’s reputation,
but the transparency reports offer a glimpse into a more responsive and
cooperative era for the app.
#Telegram #Privacy #LawEnforcement #Transparency #DataSecurity