SPACE ID has initiated a collaboration with
CoinStats to streamline crypto portfolio management while also being involved in the
Web3 domain and identity. Notably,
Sam Altman’s World Network aims to tackle gaming's bot problem and has expanded its
Biometric Crypto ID Project World into the US, alongside a Visa Card partnership and Tinder pilot verification. However, Brazil has banned Worldcoin due to security and privacy issues. Interestingly, Turkey's new AML rules have set a $425 threshold for Crypto User ID. Meanwhile,
Worldcoin (WLD) experienced a price surge of 28% with the global ID verification expansion. Unfortunately, scams using AI were reported that used the fake ID of crypto influencers to steal $4M.
World ID provisioned a humorous 'Unwrapped' privacy meme to troll Spotify.
Worldcoin has announced verification of 10M users on the World Network and further launching a bridge to Solana via Wormhole.
Sam Altman has rebranded the Biometric ID project Worldcoin to 'World' as the mainnet launches. Controversially, Gravity Launches .g Domain Service with an intention to transform decentralized Web3 identities, whereas ZK-proofs are considered too complicated for decentralized ID by KILT's CEO.
It's noteworthy that
Worldcoin’s World ID has concerns over privacy while the innovative blockchain identity platform,
Humanity Protocol, is valued at $1.1B after fundraise.
The Future of Web3 relates heavily to its identity, with the emergence of decentralized ID as the next ‘killer’ Web3 use case. However, experts debate as to whether ZK-proofs are the answer to Europe’s new digital ID regulations.
ID Coin News Analytics from Tue, 04 Sep 2018 12:25:58 GMT to Thu, 01 May 2025 07:00:00 GMT -
Rating 3
- Innovation 7
- Information 6
- Rumor 5
