Worldcoin
Worldcoin (WLD) jumped about 40% after reports said a small team is building a social platform with OpenAI that would use ChatGPT for content and biometrics for proof-of-personhood. The story sparked speculative buying and renewed interest in identity-focused crypto projects.
Worldcoin has erased all biometric data it collected from Kenyan citizens after a Kenyan High Court ruled the iris-scanning program unlawful. The move follows legal challenges over consent and data protection tied to the project co-founded by Sam Altman.
Thailand’s data protection authority has ordered Worldcoin to suspend operations and delete collected biometric data after citing data breaches and concerns about iris-scanning practices. The move raises fresh regulatory pressure on the WLD token issuer.
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.
Dan Ives becomes chairman of Eightco Holdings, which is set to acquire Worldcoin and aims to leverage it as a key asset for identity verification in the AI era. Eightco is also undergoing a ticker change and a $250 million private placement.
Eightco Holdings Inc. announces a $250 million private placement to acquire Worldcoin (WLD) assets, with significant investment from BitMine. Dan Ives appointed Chairman and trading symbol changing to ORBS in 2025. The company advances Zero-Knowledge Proof of Human technology globally.
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