In Argentina, the number of registrations in Wolrdcoin for the day broke the record

In Argentina, the number of registrations in Wolrdcoin for the day broke the record

231
Author: Liam Miller
Subscribe

 

In Argentina, the number of registrations in Wolrdcoin for the day broke the record

In Argentina, the number of registrations in the cryptocurrency project Worldcoin from the creator of ChatGPT reached 9.5 thousand.



The World App wallet created for the project temporarily became the most popular app in the App Store in the country

In Argentina, the number of registrations in the cryptocurrency project of ChatGPT creator Sam Altman - Worldcoin - rose to a new record and amounted to 9.5 thousand in one day, despite the investigation that is underway in the country regarding the security of data used by the project, according to the company's blog.

Argentina's Agency for Access to Public Information launched an investigation into the security of the Worldcoin project in August. The investigation will scrutinize the processes and practices of collecting, storing, and using users' personal data.

"In Argentina, one user is registered every nine seconds," Worldcoin clarified in a statement.

The company has placed scanning devices in four cities in Argentina - Buenos Aires, Mar del Plata, Cordoba, and Mendoza. The high demand also led to the World App, a wallet created for the Worldcoin project, temporarily becoming the most popular app in the App Store in Argentina, the company said.

Tokens for iris. What are the chances of the new project of the creator of ChatGPT?

In late July, the French regulator questioned the legality of biometrics collection by the cryptocurrency project Worldcoin. The project collected data in the country, and because of this, the local Data Privacy Protection Service initiated an investigation.

The German regulator also launched an investigation into Worldcoin's activities regarding the collection of biometrics in 2022. BayLDA officials fear that the company is processing "sensitive data on a very large scale" with new technologies.

Worldcoin scans people's eyeballs with the Orb device, a reflective metal ball that records information about a person's iris in the form of a cryptographic code. Everyone who has been scanned will participate in periodic giveaways of WLD tokens; the project's creators position this as a form of universal basic income.

 

Other news

BlackRock Forecasts the Future of New Cryptocurrency ETFs
What U.S. Presidential Candidates See in Cryptocurrencies
How SEC's Policies Affect Bitcoin and What Could Change Under Trump
ETFs for Ethereum are Hitting the Markets
Clients of Mt. Gox Exchange to Receive $9 Billion in Bitcoin
Ethereum ETF to Launch in the US in July
Trustpilot