Sam Altman's company
Worldcoin, previously embroiled in controversy over privacy concerns, has rebranded to
World and unveiled a new
iris-scanning Orb. The technology is part of the company's broader goal to promote universal basic income by encoding individual identities into unique iris codes. Despite criticisms, the firm has doubled down on its iris-scanning technology. They assert concerns are overblown and have put secure data deletion policies in place. However, opposing this are numerous
privacy concerns, forced data erasure orders, and legal action in multiple countries. In economic news,
Bitcoin miner Iris Energy's share price has surged, amid the company's accelerated expansion and bullish Bitcoin market. Reports suggest the firm is well-positioned to become a leading listed Bitcoin miner. In a pivot, Iris Energy is also expanding into
AI cloud services. However, following allegations of overstating data center capacity in a lawsuit, their rating has been downgraded. Amid these developments, trading platform
Binance announced it will delist several altcoins, including
IRISnet, effective from December 10th. Overall, Worldcoin's iris recognition initiative and Iris Energy's business moves make it a subject of intense scrutiny and debate
IRIS Coin News Analytics from Fri, 23 Feb 2024 08:00:00 GMT to Fri, 31 Jan 2025 03:51:07 GMT -
Rating -3
- Innovation -4
- Information 5
- Rumor 2
