$WLD $PEPE
🧿 Worldcoin: Cryptocurrency and Iris Scanning
Worldcoin, envisioned by Sam Altman, CEO of OpenAI, proposes an innovative approach: scanning users' irises to create a unique digital identity, rewarding them with the cryptocurrency WLD. The goal is to establish a global identification system that differentiates humans from artificial intelligences.
However, the project has faced criticism and regulatory actions in various countries:
🌐Spain and Germany: Authorities determined the deletion of all collected biometric data, citing violations of personal data protection laws.
🌐Hong Kong: Six Worldcoin offices were inspected over concerns regarding excessive collection of sensitive data.
🌐Argentina: The foundation was fined for abusive clauses in contracts and for collecting data from minors without proper consent.
Livecoins
🌐Brazil: After two weeks of operation in São Paulo, the project suspended its activities due to questions about compliance with the General Data Protection Law (LGPD).
Critics argue that, despite the advanced technological proposal, Worldcoin may pose risks to users' privacy and data security.
🛑Critics argue that, despite the advanced technological proposal, Worldcoin may pose risks to users' privacy and data security.🛑
🐸 Pepe Coin: The Volatility of Memecoins
Pepe Coin (PEPE), inspired by the green frog meme "Pepe the Frog," gained notoriety by appreciating up to 50,000% after its launch. However, in August 2023, the cryptocurrency experienced a sharp decline of 20% in its market value.
The devaluation occurred after the transfer of 16 trillion PEPE tokens (equivalent to $16 million) to four major exchanges. Additionally, the project's "multisig" wallet