Worldcoin, a crypto project by ChatGPT founder Sam Altman, has garnered growing scrutiny from regulators and watchdogs worldwide. The project has earn
token traded at $2.456, on July 25, the day following its listing on Binance. Since then, WLD price dropped to $1.317, as of Friday morning. In a 30-day timeframe, WLD shaved off 46.37% of its price. This is a significant decline for a token, when several altcoins andWLD/USDT price chart on Binance
Developments around Worldcoin and ongoing investigations from authorities in different countries have acted as an influence on WLD token’s price. The project aimed at creating decentralized identities for users has raised concerns on account of its enrollment process. The scanning of eye-balls through orbs and collecting biometric data, is likely a violation of national data protection laws.is currently under investigation in Germany, France and the UK.
Describing himself as a believer in Universal Basic Income, Hajarabi characterizes Worldcoin as an organization that executed the same “horrendously” and shared several red flags associated with the project in his video. Without elaborating on specific details, Hajarabi explained that he released his statement with the consent of his legal team.Bitcoin, altcoins, stablecoins FAQsBitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money.
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