↑ The Escalating Wave of ID Coin: Fuelling Investment Interest and Privacy Concerns
RFID wallets with ID windows and secure features have gained traction in recent times. Concerns have been raised regarding Britain’s Digital ID...
Several cryptocurrency and Digital ID related updates shape the landscape. The RFID Bifold wallet and Allett Wallet 2.0 integrate IDs and coins, reflecting the fusion of physical and digital assets. There is opposition to Britain’s premature and dangerous Digital ID push. The GENIUS Act is a significant development in crypto regulation. The Humanity Protocol is making waves with its successful digital ID launch leading to a price rally. The story of two suspects arrested for identity theft and a gold coin scheme in DC is notably concerning. Rwanda made strides with its digital ID initiative as the US Foods reports record sales. Ethereum-based Digital ID has been launched in Bhutan, and this development has caught the attention of Ethereum co-founder, Vitalik Buterin.
The Treasury Department’s move to phase out the penny after Trump's comments is indicative of changes in traditional monetary systems. Meanwhile, UFC partner Fight.ID raised $183M for their token sale to bring combat sports onchain. Criticisms arose surrounding Worldcoin’s WLD coin, questioning its worth as an investment. A significant move was made by the U.S. Treasury with plans to introduce digital ID verification in DeFi smart contracts. Biometric crypto ID project, World, expands to USA with Visa card partnerships and tinder verification pilots. Coin Casino announced the launch of an instant crypto withdrawal system with no ID verification for U.S. players. SPACE ID released their price prediction for 2024-2030.
Important information about decentralized identity is shared, as well as the need for it for identity verification without the need for big tech participation. Another prominent update was the launch of MicroStrategy’s decentralized ID platform on Bitcoin, called MicroStrategy Orange. There were also updates about biometric crypto ID projects expanding to multiple locations, including Argentina and Malaysia. Buenos Aires city also adopted blockchain-based digital ID system. Lastly, concerns were raised about potential breaches of identity security.
ID Coin News Analytics from Wed, 07 Feb 2018 08:00:00 GMT to Wed, 05 Nov 2025 14:02:17 GMT - Rating -2 - Innovation 8 - Information 5 - Rumor -6