Worldcoin

Sora

USDC

Read

Orbs

Worldcoin (WLD) scored double-digit gains in its rise to $4.40 following the launch of Sora, the text-to-video tool launched by Sam Altman’s OpenAI.&nbsp; 
Sam Altman’s role in both digital identity protocol Worldcoin and OpenAI, the Silicon Valley artificial intelligence behemoth, likely triggered bullish sentiment amongst WLD speculators as trading volume for the crypto skyrocketed over 281% in 24 hours.&nbsp; 
Altman founded Tools For Humanity, which created Worldcoin. 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="539" src="https://crypto.news/app/uploads/2024/02/Screenshot-247-1024x539.png" alt="Worldcoin" class="wp-image-14249553">
 <figcaption class="wp-element-caption">
 WLD price | Source: <a href="https://coinmarketcap.com/currencies/worldcoin-org/" target="_blank" rel="noreferrer noopener">CoinMarketCap</a>
 </figcaption>
</figure> 
OpenAI shipped its latest AI tool to equip video creators, but Sora boasts no direct link to the $571 million market-capitalized WLD cryptocurrency other than Altman himself. 
 You might also like: <a href="https://crypto.news/hong-kong-privacy-watchdog-investigates-worldcoin-over-data-privacy-concerns/"> Hong Kong privacy watchdog investigates Worldcoin over data privacy concerns </a> 
<h2 class="wp-block-heading" id="worldcoin-s-id-protocol">Worldcoin’s ID protocol</h2> 
WLD is the native token of Worldcoin, an iris-scanning blockchain solution Altman touts as the future’s largest financial network and decentralized identification ledger. The protocol launched in July 2023 received pushback in some jurisdictions, primarily due to privacy concerns.&nbsp; 
Kenya <a href="https://crypto.news/kenya-suspends-worldcoin-operations-over-security-and-data-concerns/" target="_blank" rel="noreferrer noopener">suspended</a> Orbs enrollments a month after WLD launched, despite being one of the first countries targeted as a user base by Tools For Humanity. 
Hong Kong’s Office of the Privacy Commissioner for Personal Data opened an investigation into Altman’s on-chain ID startup, citing risks to personal data security. French regulators also <a href="https://crypto.news/french-authorities-investigate-worldcoins-paris-hq/">probed</a> the firm for similar reasons.&nbsp; 
Worldcoin is expanding in other areas like South America, where over 1% of Chileans have <a href="https://crypto.news/worldcoins-world-uptake-surpasses-chilean-population/">signed</a> up with the protocol. Singapore opened its doors to Orb hardware devices, allowing the company to collect data from new participants in the Asian market.&nbsp; 
Global Orb operators could receive payments in Circle’s stablecoin USDC until changes were announced in October last year. The firm <a href="https://crypto.news/worldcoin-to-suspend-paying-orb-operators-in-usdc/">transitioned</a> all of its operations to WLD-denominated payments.&nbsp; 
 Read more: <a href="https://crypto.news/worldcoin-flaw-allowed-anyone-to-become-an-orb-operator/"> Worldcoin flaw allowed anyone to become an orb operator </a>

Worldcoin sees nearly 40% gain as OpenAI ships Sora

Table of Contents

crypto.news

Other articles published on Feb 16, 2024

MSTR is on $4 billion of Bitcoin profits, here’s how

This analyst thinks SHIB price prediction of $1 is ‘garbage,’ here’s why

Celsius Crypto: Can the CEL Crypto Price Thrust Upward Soon?

Cardano (ADA) Price Breakout Above $0.60 Opens Gates for Mega Bullrun to $8

XRP Price Prediction: Is Ripple’s XRP On A ComeBack Trail After Surging 9% In A Week?

Bitcoin and Ethereum Price Prediction For Coming Weeks: Here’s What To Expect

Join our free newsletter for daily crypto updates!