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Sam Altman's rebranded Worldcoin ramps up iris-scanning crypto project
Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, said on Thursday it was rebranding to World Network and was ramping up efforts to scan every human's iris using its "orb" devices.
Its core offering is its World ID, which the company describes as a "digital passport" to prove that its holder is a real human and tell the difference with AI chatbots online. Photo credit: Reuters
World Network, which is facing scrutiny over its data collection, introduced a new version of its orb iris-scanning device at an event in San Francisco on Thursday, which it said features 5G connectivity and enhanced privacy and security features. It also unveiled a slew of new ways to make it easier to access the orb, such as purpose-built retail locations and a partnership with Latin American delivery service Rappi to bring orbs to people.
To get a World ID, a customer signs up to do an in-person iris scan using World Network's "orb", a silver ball approximately the size of a bowling ball. Once the orb's iris scan verifies the person is a real human, it creates a World ID. As an enticement, those who sign up in certain countries receive a cryptocurrency token called WLD.
The company behind World Network is San Francisco and Erlangen, Germany-based Tools for Humanity. Since the project launched in July 2023, over 6.9 million people have signed up to have their irises scanned, according to the company.
Privacy campaigners have criticized the project over the collection, storage and use of personal data. Earlier this year, Spain and Portugal issued temporary bans, and Argentina and Britain said they would examine World Network.
Source: The Hindu.
$BTC $ETH #writetoearn
Its core offering is its World ID, which the company describes as a "digital passport" to prove that its holder is a real human and tell the difference with AI chatbots online. Photo credit: Reuters
World Network, which is facing scrutiny over its data collection, introduced a new version of its orb iris-scanning device at an event in San Francisco on Thursday, which it said features 5G connectivity and enhanced privacy and security features. It also unveiled a slew of new ways to make it easier to access the orb, such as purpose-built retail locations and a partnership with Latin American delivery service Rappi to bring orbs to people.
To get a World ID, a customer signs up to do an in-person iris scan using World Network's "orb", a silver ball approximately the size of a bowling ball. Once the orb's iris scan verifies the person is a real human, it creates a World ID. As an enticement, those who sign up in certain countries receive a cryptocurrency token called WLD.
The company behind World Network is San Francisco and Erlangen, Germany-based Tools for Humanity. Since the project launched in July 2023, over 6.9 million people have signed up to have their irises scanned, according to the company.
Privacy campaigners have criticized the project over the collection, storage and use of personal data. Earlier this year, Spain and Portugal issued temporary bans, and Argentina and Britain said they would examine World Network.
Source: The Hindu.
$BTC $ETH #writetoearn
Satoshi-era Bitcoin wallets are suddenly active again. Here’s what’s going on
Over a dozen early Bitcoin wallets have sprung back to life amid a new investigation into the identity of the network’s pseudonymous founder, Satoshi Nakamoto.
In recent months, these wallets, among the first active on the network between 2009 and 2010, have moved a combined $35 million to new addresses and crypto exchanges.
Back then, Bitcoin was little more than a niche cypherpunk project relegated to internet forums, shepherded by its enigmatic creator, Nakamoto.
Normally, such movements wouldn’t draw significant attention. It’s not uncommon for old wallets to move Bitcoin around occasionally.
But the increased frequency of wallet movements, coupled with the recent announcement of a new HBO documentary focusing on Nakamoto’s identity, adds a fresh layer of intrigue.
Still, the excitement has got crypto pundits speculating that the early wallet movements could be connected to information revealed in the documentary.
Due to when these wallets were active on the Bitcoin network, some say they were likely among Satoshi’s earliest collaborators.
Although many of the wallets mined Bitcoin during the network’s early days, they continued making transactions after Nakamoto’s final known message in April 2011.
Considering other crypto wallets confirmed to belong to Nakamoto were not active after this point, it’s unlikely that those wallets belong to the Bitcoin creator.
Source: Dlnews
In recent months, these wallets, among the first active on the network between 2009 and 2010, have moved a combined $35 million to new addresses and crypto exchanges.
Back then, Bitcoin was little more than a niche cypherpunk project relegated to internet forums, shepherded by its enigmatic creator, Nakamoto.
Normally, such movements wouldn’t draw significant attention. It’s not uncommon for old wallets to move Bitcoin around occasionally.
But the increased frequency of wallet movements, coupled with the recent announcement of a new HBO documentary focusing on Nakamoto’s identity, adds a fresh layer of intrigue.
Still, the excitement has got crypto pundits speculating that the early wallet movements could be connected to information revealed in the documentary.
Due to when these wallets were active on the Bitcoin network, some say they were likely among Satoshi’s earliest collaborators.
Although many of the wallets mined Bitcoin during the network’s early days, they continued making transactions after Nakamoto’s final known message in April 2011.
Considering other crypto wallets confirmed to belong to Nakamoto were not active after this point, it’s unlikely that those wallets belong to the Bitcoin creator.
Source: Dlnews
Litecoin (LTC) has continued to prove itself as a leader in the crypto payment space, overtaking major digital assets like Bitcoin (BTC) and Ethereum (ETH).
According to recent data from BitPay, Litecoin is topping the graph as the top choice for transactions, holding a strong 37% share of all payments made with cryptocurrency.
The cryptocurrency’s rise in usage is because it can be used to make fast payments at considerably low prices. This makes it the best option for individual users and businesses who are looking for cheaper ways to carry out online transactions compared to other currencies.
Bitcoin, on the other hand, witnessed a price drop over the week due to the recent conflict between Iran and Israel. This has caused the total market volume to drop by 20% to $30 billion.
Additionally, BitPay’s data shows that Bitcoin’s transaction share is only 25.8% of the total transaction, followed by Ethereum with just 10.23%.
At the moment, Litecoin’s price has increased by about 2.6% in 24 hours, now trading at $64.98. While this price rise is small, the growing use of Litecoin for payments may lead to more changes in its value over time.
Source: cryptotimes
#WeAreAllSatoshi #HBODocumentarySatoshiRevealed #LitecoinVsBitcoin #litecoinmining #Litecoin
According to recent data from BitPay, Litecoin is topping the graph as the top choice for transactions, holding a strong 37% share of all payments made with cryptocurrency.
The cryptocurrency’s rise in usage is because it can be used to make fast payments at considerably low prices. This makes it the best option for individual users and businesses who are looking for cheaper ways to carry out online transactions compared to other currencies.
Bitcoin, on the other hand, witnessed a price drop over the week due to the recent conflict between Iran and Israel. This has caused the total market volume to drop by 20% to $30 billion.
Additionally, BitPay’s data shows that Bitcoin’s transaction share is only 25.8% of the total transaction, followed by Ethereum with just 10.23%.
At the moment, Litecoin’s price has increased by about 2.6% in 24 hours, now trading at $64.98. While this price rise is small, the growing use of Litecoin for payments may lead to more changes in its value over time.
Source: cryptotimes
#WeAreAllSatoshi #HBODocumentarySatoshiRevealed #LitecoinVsBitcoin #litecoinmining #Litecoin
Does anyone know when's the new batch for BTC cloud mining ??
#BTC☀ #CloudMiningPresale #Cloudmining #btcmining
#BTC☀ #CloudMiningPresale #Cloudmining #btcmining
A new HBO documentary claims to have revealed the real identity of Satoshi Nakamoto, the pseudonymous founder of Bitcoin.
The film, titled “Money Electric: The Bitcoin Mystery”, is directed by Cullen Hoback, an Emmy-nominated filmmaker known for his investigative documentaries, including Q: Into The Storm. The documentary is set to debut on October 8, 2024 at 9:00 p.m. ET/PT.
The documentary suggests that revealing Satoshi Nakamoto’s identity could significantly impact financial markets. This is especially relevant because of Bitcoin’s role in shaping economic policies and influencing political campaigns, including the upcoming 2024 U.S. presidential election.
The film addresses Bitcoin’s technical aspects and its broader cultural impact. It highlights how Bitcoin has evolved from a decentralized currency into a trillion-dollar asset class, raising questions about its future role in financial transactions and its potential risks.
The documentary promises to be an engaging and thorough investigation into the enigmatic world of Bitcoin and its elusive creator.
$BTC $ETH $BNB
#WeAreAllSatoshi #HBODocumentarySatoshiRevealed #Write2Earn!
The film, titled “Money Electric: The Bitcoin Mystery”, is directed by Cullen Hoback, an Emmy-nominated filmmaker known for his investigative documentaries, including Q: Into The Storm. The documentary is set to debut on October 8, 2024 at 9:00 p.m. ET/PT.
The documentary suggests that revealing Satoshi Nakamoto’s identity could significantly impact financial markets. This is especially relevant because of Bitcoin’s role in shaping economic policies and influencing political campaigns, including the upcoming 2024 U.S. presidential election.
The film addresses Bitcoin’s technical aspects and its broader cultural impact. It highlights how Bitcoin has evolved from a decentralized currency into a trillion-dollar asset class, raising questions about its future role in financial transactions and its potential risks.
The documentary promises to be an engaging and thorough investigation into the enigmatic world of Bitcoin and its elusive creator.
$BTC $ETH $BNB
#WeAreAllSatoshi #HBODocumentarySatoshiRevealed #Write2Earn!
Cryptocurrency has undergone some significant growing pains in its rise to mainstream recognition. As crypto and its surrounding technologies have become more popular, rising regulations and dramatic market shifts have made prices repeatedly surge and fall beyond many’s expectations. Amid these changes, keeping in tune with developing crypto mining trends is becoming increasingly important.
The crypto market moves quickly and will likely see drastic changes as its mainstream adoption grows. Here are five crypto mining trends that will have the greatest impact in recent years to help you navigate these shifts.
Given the issues the crypto market has faced in recent years, some prospective miners may question if crypto mining is worth it in 2024. The answer to that question depends on your goals, resources and how you approach the practice.
Many crypto mining prices have fallen, making mining rewards less profitable. However, the cost of crypto mining machines has also dropped, and trends like cloud mining offer lower-cost approaches. After enough time, crypto mining can be significantly less expensive than buying crypto outright, so it can still be a more profitable way to capitalize on cryptocurrency.
Rising regulations and competition raise the barrier to entry, so crypto mining may only be worth it to organizations with enough resources to manage the administrative burden and upfront costs. It’s also best to approach it with tempered expectations, anticipating slow growth rather than the opportunity to make quick returns.
Crypto mining is still worth it in 2023 if you can anticipate and react to changing crypto mining trends. Once you understand where the market is going and why it fluctuates, you can make the most informed decisions about how to capitalize on it. You can then safely and profitably tap into cryptocurrency.
$BTC $ETH $SOL #Write2Earn! #Cloudmining
The crypto market moves quickly and will likely see drastic changes as its mainstream adoption grows. Here are five crypto mining trends that will have the greatest impact in recent years to help you navigate these shifts.
Given the issues the crypto market has faced in recent years, some prospective miners may question if crypto mining is worth it in 2024. The answer to that question depends on your goals, resources and how you approach the practice.
Many crypto mining prices have fallen, making mining rewards less profitable. However, the cost of crypto mining machines has also dropped, and trends like cloud mining offer lower-cost approaches. After enough time, crypto mining can be significantly less expensive than buying crypto outright, so it can still be a more profitable way to capitalize on cryptocurrency.
Rising regulations and competition raise the barrier to entry, so crypto mining may only be worth it to organizations with enough resources to manage the administrative burden and upfront costs. It’s also best to approach it with tempered expectations, anticipating slow growth rather than the opportunity to make quick returns.
Crypto mining is still worth it in 2023 if you can anticipate and react to changing crypto mining trends. Once you understand where the market is going and why it fluctuates, you can make the most informed decisions about how to capitalize on it. You can then safely and profitably tap into cryptocurrency.
$BTC $ETH $SOL #Write2Earn! #Cloudmining
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Bitcoin (BTC) recovers slightly on Wednesday, trading above $61,000, after Tuesday’s slump due to the escalating Israel-Iran conflicts. The decline, which led BTC to trade below $61,000, wiped out more than $500 million from the crypto market. US spot ETF data recorded outflows of over $240 million, the largest single-day decline in almost one month, signaling a decline in institutional demand.
Global equities and risk assets like Bitcoin experienced a setback on Tuesday as Iran launched missiles at Israel, giving rise to Fear, Uncertainty and Doubt (FUD) in the markets as Israel might respond to this attack in the coming days. This missile strike was the response to Israel’s series of attacks on Lebanon in the past weeks.
Due to this event, Bitcoin and the US S&P 500 index fell 3.98% and 0.84%, respectively,as investors flew towards safe-haven assets like Gold, which rose more than 1% on the day.
Bitcoin’s price drop triggered a wave of liquidations across the crypto market, resulting in over $500 million in total liquidations and more than $140 million specifically in BTC, according to data from CoinGlass.
US Bitcoin Spot Exchange Traded Funds (ETF) data recorded an outflow of $240.60 million on Tuesday, the largest single-day drop since September 3, and ending a streak of eight days of inflows . Studying the ETF flow data can be useful for observing institutional investors’ sentiment for Bitcoin. If this magnitude of outflows persists, demand for Bitcoin will decrease, leading to a decline in its price.
Bitcoin (BTC) recovers slightly on Wednesday, trading above $61,000, after Tuesday’s slump due to the escalating Israel-Iran conflicts. The decline, which led BTC to trade below $61,000, wiped out more than $500 million from the crypto market. US spot ETF data recorded outflows of over $240 million, the largest single-day decline in almost one month, signaling a decline in institutional demand.
Global equities and risk assets like Bitcoin experienced a setback on Tuesday as Iran launched missiles at Israel, giving rise to Fear, Uncertainty and Doubt (FUD) in the markets as Israel might respond to this attack in the coming days. This missile strike was the response to Israel’s series of attacks on Lebanon in the past weeks.
Due to this event, Bitcoin and the US S&P 500 index fell 3.98% and 0.84%, respectively,as investors flew towards safe-haven assets like Gold, which rose more than 1% on the day.
Bitcoin’s price drop triggered a wave of liquidations across the crypto market, resulting in over $500 million in total liquidations and more than $140 million specifically in BTC, according to data from CoinGlass.
US Bitcoin Spot Exchange Traded Funds (ETF) data recorded an outflow of $240.60 million on Tuesday, the largest single-day drop since September 3, and ending a streak of eight days of inflows . Studying the ETF flow data can be useful for observing institutional investors’ sentiment for Bitcoin. If this magnitude of outflows persists, demand for Bitcoin will decrease, leading to a decline in its price.
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The Fed held rates steady for the 4th meeting in a row. Chair Powell said more data is needed before cutting, even as inflation cools. The Fed’s 2025 outlook shows two possible rate cuts. Meanwhile, Trump reignited tensions, calling Powell “stupid” and urging a 2% cut to boost the economy.
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