IRISnet is set to be removed from
Binance on December 10th, possibly along with other tokens. The move by Binance could greatly impact its value. At the same time, cryptocurrency Worldcoin is transforming its identity and preparing for growth despite controversies surrounding iris scan data. The company has rebranded to
World, showcasing a revamped iris-scanning device known as
Orb that is intended to validate users' identities. Privacy concerns have led to calls for the deletion of iris scan data, with Germany and Spain among those ordering erasure. As opposition grows, Worldcoin seems to be leaning into its controversial strategy.
Iris Energy, an alternative to IRISnet, is enjoying increasing prominence in the crypto market. This mining company focuses on Bitcoin and has seen promising growth in value. The company is expected to join
CleanSpark, Riot, and
Marathon by 2025, following a substantial increase in its mining yield. Despite facing a lawsuit claiming overstatements in data center capacity, Iris Energy continues to thrive.
IRIS Coin News Analytics from Fri, 23 Feb 2024 08:00:00 GMT to Wed, 12 Feb 2025 04:03:51 GMT -
Rating -5
- Innovation -5
- Information 3
- Rumor -2
