News with the tag "Data Collection"

An exec said Worldcoin is seeing a “larger dynamic” in non-European countries, including those in the Asia-Pacific region and Latin American jurisdictions.

Local experts note that if Nigeria adopts a foreign blockchain it would be difficult for the country to stamp its influence on key blockchain decisions.

Although many players in the blockchain industry prioritize maximizing throughput, Alex Mizrahi, co-founder of Chromaway, believes providing users with a transparent, secure, and decentralized computing environment is still equally important. So while blockchain projects aspire to satisfy the basic ...

Worldcoin (WLD) recently faced more regulatory scrutiny after halting its operations in Spain. Its developer, Tools For Humanity (TFH), has agreed to extend the operational pause in the country as part of the ongoing investigation regarding the company’s data collection and processing. Related Readi...

Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has served an enforcement notice to Worldcoin, a crypto project co-founded by OpenAI’s CEO Sam Altman, asking them to cease operations. The resolution concludes the investigation launched by the PCPD in January 2024. Related Rea...

The Italian Data Protection Authority has launched a comprehensive investigation to scrutinize the data collection methods used in artificial intelligence (AI) training, with a specific focus on web scraping activities. Announced on November 22, this inquiry represents a significant step by Italian ...

Artificial intelligence (AI) is making significant strides in various fields, transforming how we work, live, and explore the unknown. Among the myriad professions it touches, astronomy has emerged as a realm where AI is making its presence felt. This article explores the symbiotic relationship betw...

It would be hard for a big exchange to repeat an FTX collapse if the firm’s internal flow of crypto assets was also reported to an outside repository that U.S. regulators could see. That’s the idea behind new legislation from Rep. Don Beyer (D-Va.) that would force exchanges to share the movement of...

The French body overseeing the protection of personal data has carried out “checks” at the Paris office of Worldcoin. The news of the French inspections comes amid heightened regulatory pressure on the cryptocurrency project co-founded by the current chief executive of Chatgpt developer Openai. Fren...

On May 29, 2023, Certik, a blockchain and smart contract auditing firm, reported a critical security vulnerability within Worldcoin’s verification process. This flaw could have allowed attackers to bypass strict identification measures and operate an Orb, a device used to collect users’ iris informa...