Worldcoin (WLD) Surges 75% to 7-Month High on Upbit Listing

Worldcoin’s WLD token has experienced a massive 75% price surge, reaching $2.10 and pushing its market capitalization to over $4.2 billion, making it the 45th-largest cryptocurrency. The primary catalyst was Upbit’s announcement of listing WLD trading pairs, which typically boosts liquidity and accessibility. Additional factors include the release of privacy-enhancing AMPC technology and Eightco’s $250 million Worldcoin treasury initiative, backed by major investors like Pantera and Kraken. While some analysts predict WLD could surpass $4 in the short term, others warn of a potential correction to $1.63, highlighting the divided sentiment surrounding the token’s future trajectory.

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Kenya Court Orders Worldcoin to Delete Biometric Data

The Kenya High Court ruled that Worldcoin violated privacy laws by using cryptocurrency payments to obtain biometric data without proper consent. The court ordered the immediate deletion of all collected data under government supervision and barred further collection without valid assessments. This ruling follows previous controversies in Kenya and aligns with regulatory actions in other countries like Indonesia, Hong Kong, and Germany. Despite setbacks, Worldcoin continues its U.S. expansion, offering WLD tokens in six cities. The project, co-founded by Sam Altman, faces ongoing scrutiny over its data practices.

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World Expands in U.S. with Biometric Scans & Visa Card

World, the cryptocurrency firm previously known as Worldcoin, has initiated its U.S. expansion by deploying biometric Orb scanners in six cities—Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco. The company aims to install 7,500 Orb devices nationwide by 2025, with hardware now being manufactured in Texas. Alongside biometric verification, World has partnered with Visa to introduce the World Card, enabling payments at 150M+ merchants and offering AI-linked token rewards. Additionally, Circle’s USDC stablecoin will be natively supported on World Chain, enhancing cross-chain transactions. The firm is also expanding identity use cases, including age verification on Tinder Japan and anti-bot measures in gaming via Razer. Despite privacy concerns, World emphasizes its ‘Personal Custody’ model, storing biometric data on users’ devices. The upcoming Orb Mini aims to improve accessibility in regions with limited infrastructure.

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Worldcoin Launches Eyeball-Scanning Crypto in US Cities

Worldcoin, now rebranded as World, has expanded its controversial biometric crypto project to the U.S., deploying eyeball-scanning orbs in Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco. The project, co-founded by Sam Altman, rewards users with WLD tokens for verifying their identity via iris scans, positioning it as a solution to AI-driven identity fraud. However, Worldcoin faces significant backlash from privacy advocates and regulators worldwide, with operations suspended in Hong Kong and legal challenges in Germany and Brazil. Critics highlight concerns over data misuse, coercion in recruitment, and the emergence of a black market for iris data. Despite these issues, Worldcoin reports over 12 million global enrollments, with 400,000 new sign-ups in the past week. The project also announced partnerships with Match Group and Kalshi, alongside new services like a visa card and paid applications for World ID users.

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