Worldcoin, which uses iris biometrics to create a unique human identity database, said Sunday it is changing the distribution of its circulating WLD token supply and its market maker loan agreements. The project, launched in July, will decrease the loan amounts to market makers and will start rewarding operators with WLD instead of USDC. Worldcoin […]
Worldcoin Unveils Enhanced State Bridge; Registers 2.35M Users as WLD Market Dynamics Shift
This week, the iris-scanning Worldcoin project introduced a state bridge into its framework. This feature enables users to create and link their own bridge with the global identity, World ID, and any blockchain that’s Ethereum Virtual Machine (EVM) compatible. Data further shows that Worldcoin has registered about 2.35 million users, with over 700,000 distinct wallets […]
Worldcoin Kenya Controversy: Cabinet Secretary Blasted for Inconsistent Statements About Project’s License Status
A Kenyan parliamentary committee tasked with investigating Worldcoin’s activities in the African country has reportedly censured a government official over his inconsistent statements about Worldcoin’s license status. The committee also said it found that Worldcoin’s “Orbs” were not approved by the Communications Authority of Kenya as required by law. Worldcoin Allegedly Operated Without a …
Worldcoin Blows up in Chile; Sign-Ups Exceed 1% of the Population
Worldcoin, the biometric wallet and ID project, has reported that it has signed up more than 1% of the population of Chile. According to the organization, more than 200,000 Chileans are already using Worldcoin, a popularity uptick shared with other South American countries, including Argentina, where 9,500 Argentines verified their IDs in a day. Worldcoin […]
Kenyan Minister: US Government Recently Foiled Attempt to Detain Worldcoin Representatives
Kenyan law enforcement recently detained two Worldcoin executives as they attempted to depart the country. According to the Kenyan Interior Minister, the duo were eventually let go after the U.S. government’s intervention. U.S. Government Reportedly Intervenes in Worldcoin-Related Detainment Attempt The Kenyan Interior Minister Kithure Kindiki has said the U.S. government recently foiled local …