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Cryptocurrency News Articles
Sam Altman's Worldcoin Is Dropping the 'Coin' in Its Name to Focus on Its Identification Technology
Oct 18, 2024 at 07:20 am
The OpenAI CEO's startup is shifting from cryptocurrency to focus more on its identification technology and it just unveiled a new version of its signature gadget.
Sam Altman's startup Worldcoin is dropping the “coin” in its name and pivoting to focus on its identification technology.
Bloomberg reports that the new company, simply called World, will use its eye scanning tech to confirm identities, a service that could prove useful in a world saturated with deep fake videos.
Co-founder and CEO Alex Blania unveiled the latest version of World's signature gadget, a biometric eye scanner used to confirm human identities through an identity service called Deep Face.
The latest model of the Orb, powered by NVIDIA's Jetson chipset, will be rolled out to customers as needed. At a San Francisco event, Chief Device Officer Rich Heley likened the access to the Orb to the way people order pizza.
“These advancements make it possible to offer new ways of providing World ID's proof of human verification in more places around the world,” a statement from the company reads.
According to the company's website, nearly 7 million people have been scanned by World Orbs to date. Everyone who attended the San Francisco launch event received a free Orb for their human identifying needs.
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- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
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- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
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- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
