A WEF‑affiliated digital identity application is reportedly being built on the Hedera network to provide verifiable legal identities for underserved populations. The move could accelerate real-world use of HBAR while spotlighting privacy and governance issues.
Cardano founder Charles Hoskinson praised Midnight Network on Nov. 13 as a remedy to centralized digital identity control, calling it a safe space for opinions without fear of being blacklisted. He framed the project as a defense for open-source contributors and free expression.

Eightco Holdings announces plans to acquire Worldcoin, co-founded by OpenAI CEO Sam Altman, backed by a $270 million private placement. The company aims to use Worldcoin as its main treasury asset, signaling a significant shift in its crypto strategy. The stock ticker is set to change to ORBS post-deal closure.