Sam Altman's Worldcoin, now rebranded as
World, queries the feasibility of
iris-scanning technology for humanity proof, stirring public and governmental concerns over privacy despite considerable rebranding and upgrade efforts. The infamous
Orb, designed to convert iris scans into unique codes supporting possible
universal basic income causes discomfort across global jurisdictions.
Worldcoin's operations come under fire due to violations of privacy laws in Germany, Spain, and Hong Kong, inspiring multiple orders for iris data deletion. In contrast,
Iris Energy, a Bitcoin and Blockchain stock, sees potential growth in the Bitcoin bull market, leading them to step up their Bitcoin mining potential and AI cloud services. News surrounding the presumed delisting of the
IRIS coin by Binance causes an unsettling plunge in five other token prices, making substantial room for speculation. Evidently,
Worldcoin proves popular in Argentina due to soaring inflation rates and carries on operations in countries like Guatemala and Colombia, regardless of legality questions. Despite growing backlash and claims of misleading investors, it boldly continues to surge ahead. Iris Energy, on the other hand, faces several accusations, including overstating data center capacity and overvaluation of Bitcoin mining ventures.
IRIS Coin News Analytics from Fri, 23 Feb 2024 08:00:00 GMT to Fri, 20 Dec 2024 08:00:00 GMT -
Rating -6
- Innovation -2
- Information 5
- Rumor -3
