OpenAI’s Sam Altman is taking his controversial identity-verification venture, Worldcoin, to the United Kingdom, beginning with a launch in London.
The project, aimed at distinguishing real people from AI bots, uses an orb-shaped device to scan users’ irises — assigning them a unique digital ID called a “World ID.”
This biometric signature acts as proof-of-personhood in an increasingly AI-saturated digital world. In exchange, users are rewarded with WLD tokens, Worldcoin’s native cryptocurrency, as an incentive to participate and interact with decentralized applications that accept this ID.
The UK rollout won’t stop in London — other cities like Manchester, Cardiff, and Glasgow are next. The team behind the project, Tools for Humanity, says interest is surging among both companies and regulators, as fraud and identity manipulation become more sophisticated.
To ease privacy concerns, the company claims no raw iris data is stored. The information is encrypted and deleted after the scan, and verification is performed locally on the user’s device, reducing dependency on centralized databases.
Regulators have taken notice. Worldcoin is actively engaging with UK data authorities to ensure compliance, even as critics question the ethics of using biometric data in exchange for crypto.
Globally, Worldcoin has already verified 13 million users and continues to expand into major U.S. cities like San Francisco and Austin. Whether this signals a new era of digital identity — or raises deeper surveillance worries — the UK is now part of the experiment.
Cardano’s leadership is floating an unconventional idea: turn part of the project’s war chest into a revenue-generating portfolio that holds Bitcoin and USD-pegged tokens.
While public attention drifts from NFTs, the technology is quietly entering a more meaningful phase. No longer driven by speculation, NFTs are increasingly embedded in the infrastructure behind gaming, AI, and the decentralized web.
The Financial Stability Board is growing increasingly uneasy about crypto’s expanding footprint in global finance, cautioning that the lines between digital assets and traditional markets are blurring faster than expected.
Crypto giant Binance has expanded its footprint into Syria, taking swift action after recent U.S. and EU policy shifts cleared the path for engagement.