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Showing posts with the label worldcoin

Grayscale Considers Dogecoin, Sam Altman-backed Worldcoin For Future Crypto Investment Products

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Grayscale is considering 35 altcoins, including leading meme coin Dogecoin (DOGE) and Sam Altman-backed Worldcoin (WLD), as assets that could become future investment products. Grayscale’s interest in Dogecoin and Worldcoin underscores the growing institutional focus on digital assets. Dogecoin is the biggest meme coin by market capitalization and has long been supported by Elon Musk, while Worldcoin has backing from OpenAI’s Sam Altman. In an Oct. 10 blog post , the crypto asset management firm segregated the list of potential future candidates for investment products into 5 primary categories: currencies, smart contract platforms, culture, financials and utilities. Smart Contract And Layer-2 Tokens Make Up A Large Portion Of Grayscale’s List Many of the tokens considered for future investment products were those associated with smart contract platforms. Among the altcoins in this category are Aptos (APT), Arbitrum (ARB), Celestia (TIA) and Internet Computer (IC...

Worldcoin controversy explained in latest Cointelegraph Report

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In the latest Cointelegraph Report, we analyzed the privacy and ethical concerns around Worldcoin, currently among the most controversial cryptocurrency projects, and assessed its potential to disrupt the AI era. Worldcoin, an ambitious but also controversial cryptocurrency project, has been making headlines since its launch last month. The project collects people’s biometric data by scanning their eyeballs via a metallic orb. Its goal is to create a proof-of-personhood system that allows it to distinguish robots from humans in the budding era of AI.  But the project has raised numerous concerns among regulators and privacy advocates around the world due to an alleged lack of transparency regarding the methods the organization is using to collect people’s data. A single company gathering millions of people data can potentially create a data privacy threat. Moreover, some investigative reporters shed light on unethical and deceptive methods used by the organization to collect people’s...