World

Wednesday

Worldcoin

World ID

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/worldcoin-announces-new-developments-in-global-web3-space/" data-wpel-link="internal">Worldcoin Announces New Developments in Global Web3 Space</a><br></p>
<p style="text-align: justify">Recently making headlines, OpenAI CEO Sam Altman’s Worldcoin, which has become one of the most famous digital asset projects, made another incredible announcement on Wednesday following significant developments surrounding the crypto community. As a notable development demonstrating the growing global interest in proving identity, people living in Singapore will now be able to perform their verifications using the Orb, a hardware device facilitated by the Worldcoin project.</p> 
<h2 style="text-align: justify" id="what-does-the-announcement-entail">What Does the Announcement Entail?</h2> 
<p style="text-align: justify">Today’s announcement, which has resonated with the broader crypto market, carries the potential for further advancement with cryptographic initiatives. Moreover, this move was made following the successful launch of World ID 2.0.</p> 
<p style="text-align: justify">In particular, with today’s announcement emerging on the horizon of <a href="https://en.coin-turk.com/binance-announces-integration-of-19-new-dapps-into-its-web3-wallet/" data-wpel-link="internal">Web3</a>, the Worldcoin project seems to have fueled optimism globally, especially among crypto market enthusiasts in Singapore.</p> 
<p style="text-align: justify">More importantly, Tools For Humanity (TFH), which has contributed significantly to the project, recently gained membership rights to two prestigious Singapore associations, ACCESS and the Singapore Fintech Association (SFA), proving its notable interest in the Web3 space to the entire market.</p> 
<p style="text-align: justify">Interestingly, the above-mentioned event appears to be in the same vein as a multi-city project recently unveiled by TFH’s product development team members in Asia. Additionally, the Orb is described as a sphere-shaped hardware specifically designed and supported by the project team to enhance identity verification.</p> 
<h2 style="text-align: justify" id="worldcoin-price-drops">Worldcoin Price Drops</h2> 
<p style="text-align: justify">As of the time of writing, the price of Worldcoin has experienced a 6% drop in the last 24 hours, trading at $3.62. Furthermore, when examining the token’s weekly price movement, it is also seen that the drop is at a rate of 3.02%.</p> 
<p style="text-align: justify">Looking at the 24-hour trading volume, interest in the altcoin has decreased by 25%, with the value falling to around $160 million. Lastly, the overall market cap is at $378 million, with a 4.5% decrease.</p> 
<p style="text-align: justify">Despite all this, with the emergence of announcements related to the aforementioned development activities, crypto market enthusiasts may be seeking entry opportunities to re-engage with the project soon.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-294804" src="https://coin-turk.com/wp-content/uploads/2023/12/wld-usdt.png" alt="" width="2048" height="959"></p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/worldcoin-announces-new-developments-in-global-web3-space/" data-wpel-link="internal">Worldcoin Announces New Developments in Global Web3 Space</a></h5>

Worldcoin Announces New Developments in Global Web3 Space

Table of Contents

COINTURK NEWS

Other articles published on Dec 27, 2023

Solana Surpasses Ethereum in Daily and Weekly DEX Trading Volume

Cardano Price Consolidates as Bullish Momentum Fades

Market Experiences Uncertainty While Bitcoin ETF Launch Nears

24 Crypto Update, 26 Dec: Bitcoin Dips, Top Coins in Distress

EU Expands Crypto Foothold As New Players Enter The Digital Asset Landscape

Market Optimism and the Potential Impact of a Spot Bitcoin ETF Approval

Join our free newsletter for daily crypto updates!