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Twenty One Capital is reportedly exploring a strategy that would allow it to issue US dollar loans backed by Bitcoin collateral, Bloomberg reported Wednesday, citing a person familiar with the matter.“Optionality is wealth; for us everything is on the table because we think we can do anything,” a sp…
San Francisco-based lender Divine Research has issued around 30,000 unbacked short-term crypto loans since December, using OpenAI CEO Sam Altman’s iris-scanning platform World ID to verify borrowers.Divine offers loans under $1,000 in the USDC (USDC) stablecoin, mainly to overseas borrowers underser…
Worldcoin’s latest hardware, the Orb Mini, aimed at enabling portable human verification, has been met with ridicule across Crypto Twitter.Launched with the slogan “It goes where you go,” the device has instead triggered dystopian comparisons and widespread mockery for its unsettling implications an…
Brazil’s data protection agency has upheld its decision to restrict cryptocurrency compensation tied to the World ID project, citing user privacy concerns. The National Data Protection Authority (ANDP) rejected a petition by World ID developer Tools For Humanity to review its ban on offering financi…
Billions Network has launched a digital identification platform that doesn’t require users to hand over their biometric data, a move the company says preserves privacy and goes against the grain of competing projects like Sam Altman’s World. According to a Feb. 28 announcement, Billions Network has …
Argentina has become the country where World, the biometric ID project, is most popular, with over 2.2 million registered users despite backlash from authorities. The company plans to expand its footprint in the country by implementing home-based iris scanning options next year. Argentina Becomes Wo…
SERNAC issues formal notice to World and Rappi in Chile to stop iris scanning over privacy concerns. Rappi confirms iris scanning project is only a pilot in Argentina, not Chile; aims to clarify confusion. In Chile, the National Consumer Service (SERNAC) has issued a formal notice to the company Wor…
Worldcoin (WLD), a digital identity project that utilizes iris scanning, has announced its rebranding to “World.” This change is part of a broader trend, as many projects have recently undergone rebranding for various reasons. World Continues Its Development Amid Controversy At a recent event held i…
Iris Energy went public in late 2021, raising $232 million from an IPO, but its stock price fell quickly not long after, along with the rest of the crypto market.