Observations from the cryptocurrency world highlight issues and developments connected to iris-scanning technologies and IRISnet's IRIS coin. The privacy watchdog has ruled that
Worldcoin must delete all iris scan data, bringing about privacy concerns and forcing the company to revamp its biometric identification strategy. The
IRIS coin notwithstanding, was victim to Binance's move that delisted it along with four other tokens, resulting in a price tumble. Despite controversies surrounding Worldcoin, it fought back by rebranding itself to 'World', and introducing an updated iris-scanning Orb. Meanwhile,
Iris Energy Limited, identified by several analysts as a promising investment for its role in Bitcoin mining and Blockchain technology, reported accelerated expansion and a positive outlook on Bitcoin mining capacity growth. Moreover, quarterly reports depicted a profitable period for
Iris Energy as it reported a Bitcoin mining revenue of $49.6M and significant growth in AI Cloud Services. However, the company was also reported to have been accused of overstating its data center capacity in a lawsuit.
IRIS Coin News Analytics from Mon, 11 Mar 2024 07:00:00 GMT to Wed, 26 Mar 2025 15:51:01 GMT -
Rating -5
- Innovation -4
- Information 5
- Rumor -3
