Kenya becomes the first country to suspend Sam Altman’s Worldcoin A.I.-crypto scheme

Worldcoin wants governments as customers, but they may not be so keen.

• 2023-08-03
• Kenya A.I. universal basic income Worldcoin Sam Altman WLD

Kenya suspends crypto project Worldcoin over safety concerns

NAIROBI (Reuters) -Kenya's interior ministry said on Wednesday that it had suspended the local activities of cryptocurrency project Worldcoin while government agencies assess potential risks to public safety. The project founded by OpenAI CEO Sam Altman launched last week. It requires users to give their iris scans in exchange for a digital ID, and in some countries users also get free cryptocurrency as part of plans to create a new "identity and financial network".

• 2023-08-02
• local activities Kenya Sam Altman interior ministry Worldcoin cryptocurrency

What is Worldcoin? A plain English guide to the orb that gives you crypto to scan your eyeballs

Want a simple overview of what Worldcoin's eye-scanning device is all about? Fortune has you covered.

• 2023-07-25
• cryptocurrency tokens Worldcoin artificial intelligence

Sam Altman Officially Launches Worldcoin Crypto Project

OpenAI's Sam Altman officially launches the iris-scanning project on Monday.

• 2023-07-24
• Sam Altman digital assets Worldcoin

OpenAI's Sam Altman launches Worldcoin crypto project

The project’s core offering is its World ID, an account that only real humans can get. To get a World ID, a customer signs up to do an in-person iris scan using Worldcoin's 'orb', a silver ball approximately the size of a bowling ball. The company behind Worldcoin is San Francisco and Berlin-based Tools for Humanity.

• 2023-07-24
• Sam Altman Worldcoin real humans

Sam Altman’s Worldcoin Crypto Project Officially Launches

(Bloomberg) -- It took three years, multiple digital-asset market dislocations and hundreds of millions of dollars, but the eyeball-scanning crypto project known as Worldcoin has officially launched.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on

• 2023-07-24
• Sam Altman digital identity Bloomberg crypto regulation Worldcoin Bloomberg

Sam Altman’s crypto project Worldcoin got more coin in latest $115M raise

Well, Worldcoin did. The crypto-focused project was co-founded by OpenAI CEO Sam Altman with a three-part mission: create a global ID, a global currency and an app that enables payment, purchases and transfers using its token -- alongside other cryptocurrencies and traditional assets. “For good reason, folks get concerned and sensitive when it comes to biometrics — particularly so when you add a dose of crypto,” Spencer Bogart, general partner at Blockchain Capital, wrote in a post on Wednesda

• 2023-05-26
• Blockchain Capital Sam Altman Worldcoin Spencer Bogart Bain Capital global currency

OpenAI's Sam Altman raises $115 million for Worldcoin crypto project

The project, Worldcoin, aims to distribute a crypto token to people "just for being a unique individual". Worldcoin has faced criticism for perceived privacy risks. In response to Altman's tweet introducing the project in 2021, former U.S. intelligence contractor Edward Snowden tweeted, "Don't catalogue eyeballs".

• 2023-05-25
• Sam Altman Worldcoin Blockchain Capital

OpenAI CEO Sam Altman raises $100M for Worldcoin crypto project, which uses 'Orb' to scan your eye: report

OpenAI CEO Sam Altman has reportedly raised nearly $100 million for his cryptocurrency project, Worldcoin, which aims to be the first globally adopted digital coin.

• 2023-05-17
• Sam Altman Worldcoin the Orb

ChatGPT’s Sam Altman Is Getting $100 Million for Worldcoin Crypto Project

Worldcoin was conceived in 2019 and relies on basketball-size devices that scan irises to create a unique identifier for each user.

• 2023-05-16
• Sam Altman Digital Currency artificial intelligence Andreessen Horowitz unique identifier Worldcoin