{"id":17744,"date":"2024-10-14T12:46:35","date_gmt":"2024-10-14T09:46:35","guid":{"rendered":"https:\/\/forklog.com\/en\/worldcoin-surges-13-following-scaling-plan-announcement\/"},"modified":"2024-10-14T12:46:35","modified_gmt":"2024-10-14T09:46:35","slug":"worldcoin-surges-13-following-scaling-plan-announcement","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/worldcoin-surges-13-following-scaling-plan-announcement\/","title":{"rendered":"Worldcoin Surges 13% Following Scaling Plan Announcement"},"content":{"rendered":"<p>The Worldcoin team is set to unveil updates at the A new world event on October 17, which will &#8220;enable scaling from the current 7 million users to 700 million,&#8221; reports <a href=\"https:\/\/www.crowdfundinsider.com\/2024\/10\/231169-ai-and-humanity-focused-worldcoin-project-developers-announce-updates-and-initiatives-in-san-francisco\/\">Crowdfund Insider<\/a>.<\/p>\n<p>At the time of writing, WLD is trading at $2.3, marking a 13.5% increase over the past 24 hours. <\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1254.webp\" alt=\"1-1254\" class=\"wp-image-243140\"\/><figcaption class=\"wp-element-caption\">15-minute WLD\/USDT chart on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/WLDUSDT\/\" target=\"_blank\" rel=\"noreferrer noopener\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>According to developers, the project has &#8220;grown significantly&#8221; over the past five years, and it is time for the next stage of development.<\/p>\n<p>During the event, Alex Blania, CEO of Tools for Humanity, will be joined by Sam Altman, co-founder and head of OpenAI. They will discuss &#8220;significant updates&#8221; to the global initiative.<\/p>\n<p>The update aims to expand Worldcoin&#8217;s audience from the current ~7 million verified users to 700 million and to create tools for gaining &#8220;advantages&#8221; from AI.<\/p>\n<p>In September, developers began testing facial recognition technology for the World App in select locations. The product is designed to enhance client security in &#8220;online shopping, financial transactions, and app authorizations.&#8221;<\/p>\n<p>The project is working on creating a global digital identification and financial network. The protocol verifies user identity through iris scanning.<\/p>\n<p>Regulators have expressed concerns over such biometric data collection. Authorities in France, the United Kingdom, <a href=\"https:\/\/forklog.com\/en\/news\/worldcoin-faces-15-drop-amid-hong-kong-investigation\">Hong Kong<\/a>, <a href=\"https:\/\/forklog.com\/en\/news\/colombia-investigates-worldcoin-for-alleged-legal-violations\">Colombia<\/a>, Argentina, and other countries have launched investigations. <\/p>\n<p>Back in earlier reports, the bankrupt exchange FTX is set to auction 22.3 million locked WLD valued at ~$36.1 million at a significant discount, according to media sources.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Worldcoin team is set to unveil updates at the A new world event on October 17, which will &#8220;enable scaling from the current 7 million users to 700 million,&#8221; reports Crowdfund Insider. At the time of writing, WLD is trading at $2.3, marking a 13.5% increase over the past 24 hours. 15-minute WLD\/USDT chart [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1327],"class_list":["post-17744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-worldcoin"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=17744"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17744\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/17743"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=17744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=17744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=17744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}