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WLD Surge 28% as Global ID Verification Expands to 40+ CountriesWorldcoin ( MIL:WLD ) has experienced a remarkable 28% price surge as its World ID initiative expands to over 40 countries, igniting increased interest in this ambitious decentralized ID project. The expansion aligns with Worldcoin's commitment to a secure, global identity verification system using biometric technology, specifically through its controversial iris-scanning Orbs. This significant growth has not only bolstered WLD’s adoption but has led to a substantial increase in trading volume, with 76% higher activity in recent days, signaling renewed investor interest. Worldcoin's Expansion Driven by a vision to tackle identity verification on a global scale, Worldcoin, co-founded by OpenAI's Sam Altman, has introduced its World ID initiative in diverse regions, including Costa Rica, Poland, and Austria. The program has seen strong adoption, with more than 16 million verified users as of this week. These advances signal Worldcoin's growing influence, as it aims to address digital identity security concerns while mitigating fraud and misuse. The World ID project has also made strides in Latin America, where the introduction of biometric Orbs in countries like Colombia, Ecuador, and Guatemala has extended Worldcoin’s footprint. Altman recently praised CEO Alex Blania’s leadership, highlighting Worldcoin’s resilience despite regulatory challenges and the project's substantial growth. Regulatory Landscape: Navigating Privacy Concerns As Worldcoin expands, it faces ongoing scrutiny, especially concerning biometric data privacy. Authorities in Spain, Germany, and South Korea have raised privacy concerns, and Kenya has temporarily halted Worldcoin’s operations due to these issues. However, Worldcoin’s persistence in the face of such challenges reflects its commitment to navigating complex regulatory landscapes to establish a secure digital ID system on a global scale. Immediate Price Impact Following the user base growth, WLD’s trading activity has surged. The token price currently sits at $2.40, a 38% gain from its support level and a 66% increase over the past week. Trading volume has increased by 76.56%, reaching $2.38 billion, with open interest also up by 38.51%, amounting to $346.38 million. This influx of new funds generally indicates a bullish outlook, suggesting that WLD’s momentum could potentially carry it past the $3.00 resistance level if buying pressure remains strong. Key Indicators Technical indicators show promising signs for WLD. The Money Flow Index (MFI) stands at 70.51, nearing the overbought threshold, while the Chaikin Money Flow (CMF) reflects moderate buying pressure. However, should WLD approach the critical $3.00 resistance level, a short-term pullback might occur if buyers begin to lose interest. Institutional Interest Worldcoin’s recent growth is underscored by notable activity from large investors. Over the past week, transactions valued at over $100,000 totaled $236.93 million, signaling a significant level of institutional involvement. Approximately 45% of MIL:WLD holders are now "in the money" at the current price level, reflecting market optimism regarding Worldcoin's potential long-term value. These large-scale transactions provide a robust foundation of confidence as the project continues to expand. Technical Outlook Despite WLD's positive trajectory, some challenges remain. The cryptocurrency recently dipped by 2.53%, diverging from broader crypto market trends where Bitcoin and other major assets saw gains. Technical indicators present a mixed picture, with the RSI at 62 signaling a bullish stance. However, if WLD's price continues to hover around the current level, it could test the support point at $2.077. A strong hold at this level might pave the way for a new upward move, especially if the overall crypto environment remains favorable—currently evidenced by a Fear and Greed Index of 89%. Conclusion: Is $3.00 Within Reach? Worldcoin’s recent expansion into new territories and its focus on solving digital identity verification issues have spurred significant growth in WLD’s price and trading activity. While regulatory scrutiny persists, the project’s forward momentum, robust institutional interest, and positive technical indicators suggest that WLD could soon test the $3.00 resistance level. However, a careful watch on buying pressure is advised, as a decrease could lead to consolidation around its support level. As Worldcoin’s global ID system gains traction, the future looks promising for WLD investors who see value in the token’s unique approach to decentralized identity verification. The coming weeks will reveal whether WLD can sustain its current pace and break new price thresholds.
Long
by DEXWireNews
World Chain Eyes Ethereum Layer 2 Expansion With New IntegrationWorld Chain, an AI-driven crypto project backed by Sam Altman, is making significant waves in the market with its latest strategic move. The project has officially announced the integration of 'Across' to streamline cross-chain transactions and further its expansion into Ethereum Layer 2, an endeavor that has sparked widespread discussions among crypto enthusiasts. This advancement, alongside the coin’s ongoing price activity, has fueled speculations on whether Worldcoin ( MIL:WLD ) could achieve the ambitious target of $5. Developments: Integration of 'Across' On November 1, World Chain revealed its collaboration with Across, an established cross-chain bridge known for facilitating efficient and cost-effective transactions across multiple EVM-compatible blockchains. This strategic integration positions World Chain as a formidable player in the Ethereum Layer 2 space, enabling the project to provide secure and affordable cross-chain transfers right from the start. With the addition of Across, developers on World Chain can now harness native interoperability to build powerful cross-chain applications. Moreover, users can seamlessly bridge key assets like ETH, wETH, USDC, and wBTC, bolstering World Chain’s ecosystem and attracting a broader user base. The project has also adopted ERC-7683, a cutting-edge swapping standard co-developed by Across and Uniswap, adding a new layer of functionality to its network. Market Sentiment and Potential Price Movement Despite these promising advancements, WLD’s market performance has been mixed. At the time of writing, MIL:WLD is trading at $1.93, reflecting a 2.13% intraday decline. The token has experienced volatility, with its 24-hour low and high recorded at $1.85 and $1.99, respectively. Over the past month, however, MIL:WLD has gained 15%, demonstrating resilience and the potential for growth. Crypto market participants remain cautiously optimistic about WLD’s future, especially in light of the project’s Ethereum Layer 2 expansion. Nevertheless, a $5 price target appears overly ambitious under the current market conditions. Data from Coinglass indicates a 4% drop in WLD’s futures open interest (OI) to $214.60 million, hinting at mixed investor sentiment and uncertain price prospects. Technical Analysis From a technical standpoint, MIL:WLD is facing significant hurdles. The coin is trading within a falling trend channel, with no signs of a breakout. The RSI (Relative Strength Index) is hovering at 36, indicating oversold conditions and weak momentum. The lack of positive price action comes amid lingering concerns over Worldcoin’s controversial iris-scanning technology, which has faced regulatory scrutiny in several countries. Crucially, MIL:WLD is approaching a critical support level at $1.50, aligning with its one-month low. This support level could serve as a key pivot point, potentially triggering a rebound if buying pressure increases. However, for MIL:WLD to sustain a meaningful rally and aim for higher price targets, it must overcome the 200-day exponential moving average (EMA) and break past the resistance level at $3.00. Path to $5: A Long-Term Vision While a $5 price target may seem far-fetched in the short term, there are scenarios where MIL:WLD could achieve this milestone. The successful execution of its Ethereum Layer 2 strategy could drive greater adoption, especially if transaction fees and network efficiency improve as promised. Additionally, if World Chain’s AI-meets-crypto model gains traction and the project’s user base expands globally, the token’s valuation could see a significant boost. Nevertheless, the road to $5 is fraught with challenges. The project must overcome technical resistance levels and mitigate negative sentiment surrounding its biometric technology. Market conditions and broader crypto trends will also play a pivotal role in shaping WLD’s future price trajectory. Conclusion World Chain’s integration with Across marks a pivotal step in its quest to become a leading Ethereum Layer 2 player. While the move has bolstered the project’s fundamentals, WLD’s technical outlook remains under pressure. The coin’s journey to $5 will require overcoming substantial hurdles, but with strategic execution and market support, Worldcoin ( MIL:WLD ) could potentially turn the tide. For now, investors are watching closely, waiting for signs of a momentum shift as MIL:WLD continues to navigate its evolving landscape.
by DEXWireNews
2
WLD Worldcoin - Sam Altman's vision for the futureWorldcoin, founded in 2019 by OpenAI CEO Sam Altman, alongside Max Novendstern and Alex Blania, is rapidly gaining momentum as one of the most innovative projects in the crypto space. Backed by $250 million in funding from top venture capital firms like Andreessen Horowitz, Khosla Ventures, and tech visionary Reid Hoffman, Worldcoin is part of Altman's larger vision for the future. The project's core mission is to create a global identity verification system by assigning every individual a unique digital signature, verified through iris scans using a device called the Orb. This ambitious approach to proving "humanness" has the potential to revolutionize the way we interact with digital systems, creating new possibilities for secure transactions and decentralized identification. Currently, Worldcoin’s token, WLD, is sitting at a strong support level of $1.4. With growing interest in the project and its potential to reshape digital identity, I expect WLD to rally towards the $2.6 resistance by the end of the year. As Worldcoin continues to develop, it could become a major player in both the crypto and tech landscapes.
Long
by TopgOptions
WLD | WORLDCOIN & Sam Altman 🌎What if I told you, all you need to do to get free money is to look into this Orb! would you do it? Worldcoin wants to give everyone free crypto in exchange for scanning their eyeballs which at this time, over 2 million people have signed up The project has garnered serious attention and has early investors such as Andreesen Horowitz, Coinbase Ventures, LinkedIn Cofounder Reid Hoffman, Solana founder Anatoly Yakovenko, Polkadot founder Gavin Wood and even the infamous degen SBF himself! In March 2022, a funding round brought Worldcoin’s valuation to an eye watering $3 billion. The price of Worldcoin is $2.2 today with a 24hour trading volume of 300 million dollar but Why are VCs pouring money into Worldcoin and why does Worldcoin want your eyeballs ?! Tools for Humanity, the company behind Worldcoin, is co-founded by Alex Blania and Sam Altman.you might be more familiar with Sam as he is also the founder behind OpenAI, the company behind the AI chatbot ChatGPT, which took the world by storm since its release in November last year. The wild success of ChatGPT also spawned an AI arms race between tech giants, which probably means AI will only get more advanced from now. The rapid advancement in AI is now worrying the public as AIs are now able to ace the SAT, create increasingly convincing deepfakes, and probably most concerningly, remove the need for humans in the workforce. Perhaps it’s a coincidence, but Sam has a solution for the identity problem as well as for aiding people whose jobs are taken by AI…Worldcoin. In a world set to be increasingly impacted by AI, Worldcoin purportedly aims to provide individuals a way to verify ‘personhood’ as well as access to universal basic income.To achieve this, Worldcoin is attempting to create a global digital identity and financial network using blockchain technology. Worldcoin is currently testing its smart contract on the Polygon Network but is in collaboration with Ethereum Layer2 Optimism to build on and migrate to its network.The team has launched World App in May, a non custodial wallet which enables its users to transact with the Worldcoin token and a few other cryptos, as well as interact with dApps on the Ethereum ecosystem. However, the key feature of World App is enabling World ID,Its is a global digital passport that allows users to prove their identity while preserving their private information through the use of cryptography and zero knowledge proofs. World ID can help establish ‘proof of personhood’,meaning to prove that someone is a real, unique human. Proof-of-personhood could be useful to prevent the spread of misinformation by realistic AI-generated content, as well as limiting Sybil-attacks, which are basically online attacks where a single attacker assumes multiple fake identities to gain influence over a network. As World ID gets more adoption, it’s meant to be used as a method to sign in to websites, mobile apps, and crypto dApps, perform actions such as voting in DAOs or even government elections, as well as receiving aid from NGOs and government programs. As of now, to obtain a verified World ID,users are required to gaze into the infamous Orb. The Orb will perform an iris scan and a machine learning algorithm within the Orb will ensure that the eyeballs scanned are indeed real human irises and not something else, like colored contact lenses or... a cat. Then the iris scan will be converted to a hashcode or as Worldcoin calls it, ‘IrisHash’. As soon as the code is generated, the Orb supposedly deletes any images from the scan. Within the Orb, the IrisHash is encrypted with a private key before being uploaded on-chain and cross-checked with the existing catalog of IrisHashes. If the IrisHash does not match any records,it will be added to the catalog. When Worldcoin launches, each verified World ID owner will then be eligible to claim their one-time airdrop of MIL:WLD tokens. which worth 50$ right now Many have asked why World ID needs iris scans for proof-of-personhood.Supposedly, it’s because the human iris has a very high degree of randomness, making it a much more effective biometric than faces or fingerprints to differentiate between billions of individuals and establish proof-of-personhood. Unsurprisingly, Worldcoin’s decision to create a global digital identity network using iris scans has raised a lot of eyebrows, understandably so due to its uncanny similarity to what you’d see in a Black Mirror episode. Just as Worldcoin was introduced back in October 2021, NSA whistleblower Edward Snowden slammed the use of iris scans. Although Worldcoin has promised that the iris scans will not be saved, Snowden pointed out that the hashcodes produced by these scans are still saved and would match future scans, and that the use of zk-proofs doesn’t justify the use of biometrics for anti-fraud. There is also pushback from the crypto community- some argued that the ability to use multiple accounts in Web3 for privacy is a feature, not a flaw; and though most agreed that Web3 is in need of protection against sybil-attacks, it is not necessary to have 100% sybil-resistance as long as there is a method that can prevent a large enough percentage of sybils. Additionally, MIT Technology Review released a damning report last year against Worldcoin on the revelations upon investigating Worldcoin’s field testing.Much of its early field testing is conducted in poorer, developing countries such as Indonesia,Sudan and Kenya where data privacy regulations are weaker and whose communities were the most financially impacted by the pandemic. The lengthy report revealed that Orb operators were given limited information during recruitment, other than being made aware that their payment is based on the number of signups they achieve. Operators were then employing strategies such as hosting giveaways of cash and Airpods to encourage sign-ups while providing participants little information on Worldcoin’s campaign. On top of that, Worldcoin claimed that only an iris scan is needed for sign-ups.However, orb operators also requested email addresses and phone numbers of participants, which a Worldcoin representative denied as part of the data collection practice. A black market for verified iris scans has even popped up in China where the Worldcoin app isn’t supposed to be available, though the Worldcoin team is attempting to contain the issue. Furthermore, the project was found to have made contradictory claims of compliance with EU data regulations and was accused of lacking transparency in its data collection practices. While it seems that Worldcoin is neck-deep in controversies, the project has just received another $115 million in a series C funding round last month. Onboarding billions of people to create a global digital identity and financial network to distribute universal basic income is a tall order. With the backlash it's getting from its field-testing and many wondering if Worldcoin is simply a cover for mass data collection, it remains to be seen whether Worldcoin can deliver on their promises. Unlike offshore exchanges, none of the U.S.-based cryptocurrency exchanges such as Coinbase Kraken has Worldcoin listed. Worldcoin notes that WLD tokens are not available to persons or companies residing in the United States, however World ID and TFH's World App are still available in the United States. also the founder of the security agency Slow Mist said that if Worldcoin succeeds, it will be an evil product, but there is a high probability of failure. the iris is almost the most stable and long-lasting unique mark of human beings. The promise of the Worldcoin white paper is good, but it is still possible for hackers to paint a portrait through the hash information!
by moonypto
23
Worldcoin ($WLD) Set To Launch World Chain As L2 on EthereumWorldcoin ( MIL:WLD ), a global digital identity and cryptocurrency initiative, has announced the launch of its Layer-2 blockchain, World Chain. The tool is designed to improve the efficiency and scalability of the Worldcoin ecosystem, as it continues to expand and onboard new users. World Chain will be secured by the Ethereum network and will work closely with the Worldcoin ( MIL:WLD ) ecosystem to increase capacity, improve transaction speed, and reduce costs. Tools for Humanity, the core developer behind the Worldcoin ( MIL:WLD ) project, has disclosed that World Chain will enforce a Proof of Personhood verification system to ensure that only verified humans can access priority block space over bots and some free gas. This verification system assigns World IDs to individuals who have proven their human status through an iris scan called Orb verification. Users who sign up for this service are rewarded with cryptocurrency in the form of WLD tokens. Worldcoin's ( MIL:WLD ) regulatory compliance has been under scrutiny, and to address this issue, the company has implemented additional privacy features, such as Personal Custody and the Unverify World ID option. These features leverage zero-knowledge proofs (ZKPs) to protect users' personal information while maintaining the integrity of the network. The World Chain blockchain will empower developers to reach millions of real users worldwide with applications that focus on everyday life utility. The development team is working to officially release the tool this summer. Technical Outlook Despite the positive development of the worldcoin ( MIL:WLD ) ecosystem, the MIL:WLD coin tanked 6% in Wednesday's trading with a weak Relative Strength Index (RSI) of 34.21. Amidst all that, Worldcoin ( MIL:WLD ) has thrived through storms from the ban of its Iris scan in Kenya to the turbulent waters of the bear market, but MIL:WLD has remain resilient despite all that proved to be a gem to horde in your bag
Long
by DEXWireNews
Worldcoin ($WLD) Soars 200%, Catapults 3AC Holdings to $900MWorldcoin ( MIL:WLD ) has emerged as a beacon of innovation, riding the crest of a 200% surge that has propelled 3AC Liquidator's holdings to an astounding $900 million valuation. This unprecedented rally underscores not only the burgeoning interest in AI-related tokens but also the maturation of blockchain technology intersecting with artificial intelligence. Let's delve deeper into the implications of Worldcoin's ascent and its significance amidst the broader crypto market dynamics. The Surge of Worldcoin ( MIL:WLD ) and 3AC Holdings: Worldcoin's staggering ascent has not only captured the attention of seasoned investors but has also catapulted the holdings of 3AC Liquidator, represented by the wallet address 0xc7c, to stratospheric heights. With a portfolio now valued at $900 million, 3AC Liquidator's surge in wealth epitomizes the transformative power of strategic cryptocurrency investments. The lion's share of this wealth, approximately $623.25 million, is attributed to the acquisition of 75 million Worldcoin ( MIL:WLD ) tokens, signifying a resounding vote of confidence in the project's vision and potential. AI Token Momentum and Worldcoin's Role: The recent proliferation of AI-related tokens, exemplified by the launch of Sora by Sam Altman's OpenAI, has catalyzed a groundswell of enthusiasm within the crypto community. Worldcoin ( MIL:WLD ), co-founded by Altman himself, occupies a pivotal position within this burgeoning ecosystem, leveraging artificial intelligence to revolutionize blockchain technology. As investors flock to projects at the vanguard of innovation, Worldcoin's meteoric rise underscores its status as a frontrunner in the AI-driven cryptocurrency landscape. Worldcoin's Vision and Investor Confidence: Beyond the numbers, Worldcoin's ( MIL:WLD ) surge epitomizes a broader narrative of investor confidence in its vision and potential applications. By harnessing the power of artificial intelligence, Worldcoin ( MIL:WLD ) aims to redefine the parameters of decentralized finance, offering a glimpse into a future where technology intersects seamlessly with financial infrastructure. As evidenced by its exponential growth trajectory, investors are increasingly recognizing Worldcoin ( MIL:WLD ) as a harbinger of transformative change within the crypto market. Project Adoption and Community Milestones: In tandem with its price surge, Worldcoin ( MIL:WLD ) has achieved significant milestones in terms of project adoption and community engagement. The recent revelation that the number of subscribers to the World App, Worldcoin's wallet, has surpassed 1 million underscores the project's popularity and widespread appeal. This rapid increase in adoption not only augurs well for Worldcoin's ( MIL:WLD ) future growth trajectory but also solidifies its position as a leading player in the AI-driven cryptocurrency space. Conclusion: Worldcoin's ( MIL:WLD ) remarkable surge, culminating in a 200% rally and propelling 3AC Holdings to a staggering $900 million valuation, underscores the transformative potential of AI-driven cryptocurrency projects. As investors continue to flock to innovative ventures at the intersection of artificial intelligence and blockchain technology, Worldcoin ( MIL:WLD ) stands poised to lead the charge toward a future where technology reshapes the very fabric of finance.
Long
by DEXWireNews
Worldcoin Records 500,000 World ID Verifications In ArgentinaWorld ID, a project fostered by Sam Altman's Worldcoin community, marks significant advancements in Argentina. In a staggering display of developments orbiting Worldcoin, the World ID project appears to have marked a tempest of strides in Argentina, amassing noteworthy attention globally. This comes as the project showcased noteworthy popularity within the country, promptly leading to a new national record, surpassing other countries. Notably, according to a statement revealed by the project’s community, World ID recorded a staggering 16K orb verifications in one single day, propelling immense optimism for the project as well as the firm’s token. Meanwhile, as the announcement surfaced within the market, the Worldcoin price also portrayed a remarkable surge, nabbing global attention. Argentina Emerging As The World ID Project Trendsetter According to the statement unveiled by Worldcoin’s community, Argentina showcased an immense surge in interest orbiting the World ID project. Aligning with this, the country embarked on setting a new global record, with approximately 16K Orb verifications in a single day as of late December. Simultaneously, more than 1% of the Argentine population have now verified their World IDs, mirroring similar milestones set across the globe. As per the WLD community’s statement, Argentina now joins the race following Chile, Spain, and Portugal, which already constitute 1.5%, 0.8%, and 2.5% verified users among their total population, respectively. Moreover, the total number of users hailing from Argentina now amounts to over 500,000, showcasing the growing popularity of the project within the nation. Meanwhile, the sudden rush in users and World ID verifications emerged just weeks after the launch of World ID 2.0, Worldcoin’s next-generation secure, private, and inclusive proof of humanity. With this, the Worldcoin cryptocurrency appears to be advancing further with its global web3 ventures, propelling market optimism globally. Worldcoin Price Rockets As of writing, the MIL:WLD price showcased a colossal gain of 16.87% in the past 24 hours and is currently trading at $2.749. Moreover, its market cap and trading volume also upsurged phenomenally, illustrating a 17% and 15.06% upswing, respectively. The current market cap stands at $314.86 million, whereas the trading volume rests at $147.08 million while writing.
Long
by DEXWireNews
AI Integration Deepens in Cardano with Girolamo Chatbot LaunchCardano integrates AI with Girolamo launch, advances in blockchain with Mithril, and prepares for a pivotal governance vote. Cardano (ADA), a prominent blockchain platform, has taken a significant leap in integrating artificial intelligence with its ecosystem. The recent beta launch of Girolamo, an internet-enabled generative chatbot, marks a pivotal moment in Cardano’s AI journey. This development aligns with Cardano’s ongoing efforts to intertwine blockchain technology and AI, showcasing a blend of innovation and practical application. Girolamo Launch Marks Cardano’s AI Evolution Girolamo, named after the renowned Italian mathematician Girolamo Cardano, represents a groundbreaking step for Cardano in AI. This chatbot is designed to handle a broad spectrum of queries, from industry-specific to general everyday questions. Remarkably, Girolamo also boasts the capability to generate and interpret images, adding a visual dimension to its functionality. ADA’s engagement with AI technology traces back to 2021, with the unveiling of Grace, an AI robot developed by Awakening Health. This venture was a collaboration between Hanson Robotics and SingularityNET, a blockchain partner of Cardano. The synergy between blockchain and AI has been a focal point for Cardano, particularly highlighted by the launch of the AGIX converter bridge in the past year. Charles Hoskinson, the founder of Cardano, reached out to Sam Altman, CEO of OpenAI, proposing a collaboration. This gesture reflects ADA’s aspiration to expand its blockchain ecosystem, potentially exploring a partner chain with OpenAI. Such collaborations signify Cardano’s commitment to staying at the forefront of blockchain and AI integration. In parallel, ADA’s lightweight wallet, Lace, updated version 1.7.1. This update addresses various issues, including enhancing dApps connectivity with the Lace wallet. These improvements are crucial for streamlining user interactions within the ADA network. Cardano Advances with Mithril Relay Prototype Cardano’s decentralization efforts took a step forward with the Mithril team’s completion of the prototype implementation of the Mithril relay. This development is key in enabling peer-to-peer signature broadcasting, a fundamental aspect of decentralized networks. Moreover, ADA is gearing up for a significant governance milestone. The community is preparing for a special ballot vote under CIP-1694, focusing on assessing advancements in on-chain and off-chain governance. The snapshot for participating wallets was taken on November 21, with the voting process scheduled from December 1 to December 11. The series of developments in the ADA ecosystem has been met with optimism in the cryptocurrency market. Following the announcements, ADA, Cardano’s native cryptocurrency, saw a positive price movement. In the last 24 hours, ADA experienced a price increase of 0.40%, trading at $0.3937.
Long
by DEXWireNews
Worldcoin (WLD) surges by over 6% as Sam Altman rejoins OpenAISam Altman has returned to OpenAI as CEO, causing a ripple effect that includes Worldcoin, a crypto he co-founded. Altman’s return results in significant changes to OpenAI’s board, including strategic collaborations and renewed optimism for the future. On November 22, OpenAI officially announced the rehiring of Sam Altman as CEO, marking a watershed moment for the organization. Altman’s return is accompanied by changes to the board structure, including the appointment of Bret Taylor as Chairman and the inclusion of influential figures such as Larry Summers and Adam D’Angelo. The board reshuffle is in response to the changing dynamics in the AI industry. Altman’s ambitious approach to AI development is said to have clashed with the board’s conservative stance, leading to his previous firing. The new board makeup reflects a strategic alignment with OpenAI’s future vision. Altman expressed his enthusiasm for his return to OpenAI and emphasized the collaborative efforts with Microsoft. This collaboration is expected to bring new perspectives and synergies that will help to shape the future of AI innovation. Altman’s reappearance has heightened interest in Worldcoin, the crypto he co-founded. Following the announcement, the price of Worldcoin increased from $2.199 to $2.85. This price increase reflects investors’ confidence and optimism in the crypto’s potential, indicating that it will perform well in the future. The price of Worldcoin has changed dramatically in the last 24 hours. After reaching $2.85, there was a slight correction that brought the price down to $2.55. Despite this minor dip, the overall mood remains upbeat, with high expectations for Worldcoin’s growth and stability.
Long
by DEXWireNews
Microsoft (MSFT) Hits All-time High After Hiring Sam AltmanMicrosoft stock reached a record high on Monday after the company said that Sam Altman, former chief executive of OpenAI, will join the company to head its artificial intelligence innovation leg. Shares of the tech behemoth rose 2.1% to an all-time high close of $377.44 on Monday, beating the previous record of $376.17. That comes after shares of Microsoft fell 1.7% on Friday, when Sam Altman was ousted from his position at OpenAI in a boardroom coup. Microsoft is the artificial intelligence firm’s biggest stakeholder, with a $13 billion investment in the company. Technical Analysist Price Momentum MSFT is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:MSFTLong
by DEXWireNews
Microsoft Hires Sam Altman And Greg Brockman For New AI TeamMicrosoft CEO Satya Nadella hires OpenAI's ex-CEO Sam Altman and ex-president Greg Brockman for its new advanced AI research team. Microsoft officially hires OpenAI’s ex-CEO Sam Altman and ex-president Greg Brockman to lead a new advanced artificial intelligence (AI) research team. Microsoft CEO Satya Nadella made the announcement after OpenAI confirmed hiring Twitch co-founder Emmett Shear as interim CEO. The company will continue to have investments in OpenAI, while getting to know Emmett Shear and OpenAI’s new leadership team. Microsoft Hires Sam Altman and Greg Brockman Microsoft CEO Satya Nadella took to X on November 20 to officially announce hiring of former OpenAI CEO Sam Altman and president Greg Brockman. They will lead a new advanced AI research team. Nadella said the company remains committed to partnership with OpenAI and has confidence in the product roadmap. He added “our ability to continue to innovate with everything we announced at Microsoft Ignite, and in continuing to support our customers and partners.” Microsoft will look forward to getting to know Emmett Shear and OpenAI’s new leadership team and working with them. This is a very good move from Microsoft (NASDAQ: MSFT) because we can not overemphazised to the fact that AI is the gateway to web.3.0. Any company leveraging AI for its services and products is a good company to invest in, because in the long run it will succeed. Technical Analysist Price Momentum MSFT is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:MSFTLong
by DEXWireNews
Worldcoin: The Currency of the FutureSam Altman: The Genius at the Helm When it comes to visionary leaders, Sam Altman stands out as one of the brightest minds in the world. A trailblazer in the realm of technological innovation and entrepreneurship, Altman's intellect and forward-thinking have left an indelible mark on various ventures. As the driving force behind the Worldcoin project, Altman's dedication to building the world's largest identity and financial network is apparent. His pursuit of making the network a public utility accessible to all individuals showcases his commitment to democratizing financial services and empowering people globally. Altman's brainchild, the World ID system, exemplifies his genius in preserving user privacy while ensuring seamless online verification through "Proof of Personhood" with zero-knowledge proofs. His emphasis on cutting-edge technology and its responsible application has revolutionized the concept of identity verification. Beyond Worldcoin, Altman's entrepreneurial achievements and visionary insights have earned him the reputation as the foremost intelligent mind of our time. His ability to identify opportunities and challenges on the horizon, coupled with his unwavering determination, have solidified his place as a remarkable leader in the tech industry. As we witness the rise of Worldcoin and the transformative impact it promises to have on the global financial landscape, we recognize Sam Altman's brilliance as a driving force behind this pioneering project. His visionary leadership is set to shape the future of identity and financial services, leaving an enduring legacy of innovation and progress.
Long
by SophiaAnderson
4
1000X Worldcoin is a revolutionary projectWorldcoin is a revolutionary project aiming to create a global identity and financial network accessible to all of humanity. It seeks to address the challenges of proving personhood in an increasingly AI-driven world, enabling fair distribution of resources, and supporting global democratic processes. World ID, a privacy-preserving digital identity network, is central to Worldcoin, and it uses custom biometric hardware called the Orb for verification. The network also includes a digital currency called WLD, issued to align incentives for network growth. World App serves as the initial frontend to World ID. Potential applications of Worldcoin include enabling universal access to finance, eliminating bots and spam, enhancing governance mechanisms, and promoting equal distribution of resources. Meet Sam Altman: The Visionary Behind Worldcoin In the fast-paced world of technological innovation, few names shine as brightly as that of Sam Altman. Hailed by many as the most intelligent mind of our time, Altman has been at the forefront of groundbreaking ventures that challenge the status quo and push the boundaries of human potential. At the core of Altman's latest brainchild, Worldcoin, lies an audacious goal - creating a global identity and financial network accessible to every individual on Earth. Founded with the noble vision of inclusivity, Worldcoin's mission is to redefine economic opportunities and ensure privacy while differentiating humans from AI in the digital realm. The foundation of Worldcoin revolves around World ID, a privacy-preserving digital identity network. Using cutting-edge zero-knowledge proofs and the innovative Orb biometric device, World ID empowers users to prove their humanness without divulging their real-world identities. This addresses the pressing issue of distinguishing real humans from AI and sets the stage for fairer distribution of limited resources. The Worldcoin protocol further introduces the WLD token, incentivizing network participants to contribute to its growth. Early adoption of the token is crucial to overcome the "cold start problem" and eventually pave the way for the most widely distributed digital asset in existence. World App, the project's initial frontend, guides individuals through the verification process using the Orb and provides seamless access to the decentralized financial infrastructure. This technology holds the potential to connect people globally, revolutionizing the way money is sent and received, and democratizing financial participation like never before. Beyond the realm of finance, Worldcoin's influence spans governance and identity. By eliminating bots and spam through robust proof of personhood, World ID brings reliability to web3 token-based governance, enabling a truly democratic decision-making process. Additionally, the protocol opens up possibilities for governments and organizations to distribute resources more equitably and combat economic inequality effectively. The man behind the genius, Sam Altman, envisions a world where AI-driven advancements align with human values and aspirations. With Worldcoin's potential path to AI-funded Universal Basic Income (UBI), Altman aims to ensure that the benefits of technological progress are shared by all, transcending economic disparities. Worldcoin has the power to reshape the future of our global society. With Sam Altman's visionary leadership, this venture strives to unlock the true potential of humanity, leaving an indelible mark on history as a beacon of inclusivity, innovation, and empowerment. As we embark on this exciting journey with Worldcoin, let us embrace the promise of a new identity and financial network, ushering in a world where all individuals thrive together.
Long
by SophiaAnderson
4