The Chinese Ministry of Public Security plans to implement a blockchain-based identity verification system that it claims will help keep personal data and identity credentials safe.
Galxe replacing 110% of funds users lost in recent front-end hack, over $400K
The platform was the victim of a phishing scam that routed users to a website that drained their wallets after they approved a transaction.
Brazil rolls out blockchain-based digital ID
Brazil is launching its new national identity program powered by blockchain technology. Rio de Janeiro, Goiás, and Paraná will be the first states to issue identification documents on-chain.
Buenos Aires to issue blockchain-based digital ID
The first documents to be available on-chain in Buenos Aires include birth and marriage certificates, along with proof of income and academic verification.
Fabian Vogesteller’s Lukso Blockchain Adds ‘Universal Profiles,’ in Push for ‘Fancy’ Ethereum
The Universal Profiles are a feature, currently in beta, designed to give users a holistic “on-chain identity” that comes with a recoverable crypto account as well as a profile for interacting with decentralized applications.
Animoca plans to develop digital IDs and point system for Web3
Animoca Brands closed a funding round supporting the acceleration of the Mocaverse to create digital IDs and point system for Web3 culture, gaming and entertainment.
Animoca Brands Raises $20M for Metaverse Project Mocaverse
The investment was led by CMCC Global and included contributions from Kingsway Capital, Liberty City Ventures and GameFi Ventures.
Worldcoin Regulatory Scrutiny Grows as Argentina Opens Investigation
The investigation began after numerous data collections in five major jurisdictions of the country, the Argentinian Agency for Access to Public Information said.
Identity checks on crypto exchanges at risk as AI deepfakes evolve
Once HeyGen’s AI-generated digital avatar is available to the public, users would be able to create a video with a real life-like digital avatar in just two minutes.
Worldcoin expects more companies to integrate in the coming months, says product head
The head of product at Tools for Humanity told Cointelegraph that Worldcoin is expecting more companies to integrate in the second half of the year.
Worldcoin to allow government and businesses to use ID system: Report
New reports reveal that Worldcoin plans to expand its operations to sign up more users by allowing organizations and governments to access its technology.
Worldcoin Could Enable Wider Distribution of Crypto Than Even Bitcoin, Says CoinFund
Worldcoin could onboard “billions of users” into crypto, said CoinFund.
Worldcoin rebuts reports of lackluster takeup as Altman cites Japan queues
A video shared by Worldcoin co-founder Sam Altman shows a long queue of people in Japan reportedly waiting to collect $50 worth of Worldcoin (WLD) tokens or 25 WLD.
Worldcoin Token Slumps Amid Crypto Community Unease
Concerns around privacy, security and reported connections to Sam Bankman-Fried and Three Arrows Capital have raised eyebrows in the crypto community.
I Had My Iris Scanned by the Worldcoin Orb, and It Wasn’t as Scary as I Expected
Sam Altman’s identity-verifying Worldcoin Orb is available worldwide as the network launched on Monday.
Worldcoin token launch sparks response from Vitalik Buterin
The Ethereum co-founder released a long-form response to the launch of Worldcoin’s decentralized human identity verification system.
Worldcoin Release Tokenomics, Report Geofenced for Some Countries
Sam Altman co-founded Worldcoin released its network on Monday.
How easy is a SIM swap hack and how does one guard against it?
As SIM swap attacks are often seen as non-demanding in terms of technical skills, users must pay due diligence to their identity security.
BlackRock Executive: Knowing Who Counterparties Are Is Key to Engaging Institutions in DeFi
BlackRock’s views on KYC will likely carry weight in the ongoing struggle for regulation on the industry, given its ETF application.
To Identify or Not in a Web3 World?
By striking a balance between privacy and identity verification, blockchains can realize their full potential and lure institutional money.