Iris Energy (IREN) is standing out as one of the leading Bitcoin and Blockchain stocks according to investors, with a positive outlook on it's Bitcoin mining capacity growth. Additionally, Iris Energy reported a revenue of $49.6M from Bitcoin mining. However, a lawsuit accused them of overstating their Data Center Capacity. On the other hand,
Sam Altman's Worldcoin, now called 'World', introduces a new chat feature designed for real human interaction. World also unveiled iris-scanning Orbs and intends the scanned iris to form a unique code that could potentially be implemented in a universal basic income context. However, there are privacy concerns and the organization has been ordered to delete all collected data. World also faces several legal battles including bans in Brazil and Hong Kong, data deletion orders in Spain and Germany, and a hefty fine from South Korea for violating personal protection laws. The project has rebranded to World Network in response to these concerns. Yet, this hasn't stopped World from operating in places like Colombia and Argentina, where inflation makes it an attractive option. Some countries, like Malaysia, are even adopting the iris-scanning technology for digital identification. The platform has expanded their privacy protections and been adopted by a few countries despite legal issues. However, Worldcoin is also facing investigations from over a dozen countries over its iris-scanning technology.
IRIS Coin News Analytics from Mon, 11 Mar 2024 07:00:00 GMT to Thu, 06 Mar 2025 08:00:00 GMT -
Rating 2
- Innovation 6
- Information 8
- Rumor 1
