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👀 Worldcoin Forays into Peru with World ID Verification, Addressing Rising Demand Worldcoin is now expanding to Peru with the goal of revolutionizing digital identification.World ID orb verifications are now accessible in the Peruvian city of Lima. Sam Altman’s Worldcoin has accomplished yet another great feat. The fact that the organization has expanded its World ID verification program to Peru demonstrates its determination to increase its influence throughout the world. With the support of Worldcoin’s Orb verification—an essential part of World ID verification—the project has made great progress, with notable advancements in Argentina and Singapore, and it is now expanding to Peru with the goal of revolutionizing digital identification. Worldcoin’s native token, WLD, is now experiencing a price decline but is still in a good position to gain from this growth, which has attracted a lot of investor interest. đŸ”ș Increasing Demand Contemporary, open-source, permissionless digital identification system World ID Verification allows users to confirm their humaneness online without compromising their privacy. The primary tool for this verification is Worldcoin’s Orb, which scans a user’s irises to generate an iris code, which is then used to generate a separate digital identity. World ID orb verifications are now accessible in the Peruvian city of Lima. Anyone in Peru who is at least 18 years old may use this platform to verify their humanity. More than 800 Peruvian participants, or 90% of the total, indicated a need for technological solutions to distinguish between people and internet bots in a March research. In addition, 84% of respondents said that future solutions should prioritize methods that differentiate robots from people. Worldcoin seems to have seized this chance and unleashed a countrywide tsunami with their World ID verification. Almost half a million World ID verifications were registered as part of its development efforts in Argentina, as indicated before. $WLD #WLD #Worldcoin​

👀 Worldcoin Forays into Peru with World ID Verification, Addressing Rising Demand


Worldcoin is now expanding to Peru with the goal of revolutionizing digital identification.World ID orb verifications are now accessible in the Peruvian city of Lima.

Sam Altman’s Worldcoin has accomplished yet another great feat. The fact that the organization has expanded its World ID verification program to Peru demonstrates its determination to increase its influence throughout the world.

With the support of Worldcoin’s Orb verification—an essential part of World ID verification—the project has made great progress, with notable advancements in Argentina and Singapore, and it is now expanding to Peru with the goal of revolutionizing digital identification. Worldcoin’s native token, WLD, is now experiencing a price decline but is still in a good position to gain from this growth, which has attracted a lot of investor interest.

đŸ”ș Increasing Demand

Contemporary, open-source, permissionless digital identification system World ID Verification allows users to confirm their humaneness online without compromising their privacy. The primary tool for this verification is Worldcoin’s Orb, which scans a user’s irises to generate an iris code, which is then used to generate a separate digital identity.

World ID orb verifications are now accessible in the Peruvian city of Lima. Anyone in Peru who is at least 18 years old may use this platform to verify their humanity.

More than 800 Peruvian participants, or 90% of the total, indicated a need for technological solutions to distinguish between people and internet bots in a March research. In addition, 84% of respondents said that future solutions should prioritize methods that differentiate robots from people.

Worldcoin seems to have seized this chance and unleashed a countrywide tsunami with their World ID verification. Almost half a million World ID verifications were registered as part of its development efforts in Argentina, as indicated before.

$WLD #WLD #Worldcoin​

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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📝 Terraform Labs and Do Kwon Settle with SEC Over TerraUSD Collapse Terraform Labs and its founder, Do Kwon, have reached a tentative settlement with the U.S. Securities and Exchange Commission (SEC). The SEC accused them of misleading cryptocurrency investors before the collapse of the stablecoin TerraUSD in 2022. 🔾 Do Kwon Agree to Settle SEC Civil Fraud Case The settlement details remain undisclosed. In April, a jury found Kwon and Terraform Labs liable on civil fraud charges. The SEC alleged that in 2021, they misled investors about TerraUSD’s stability and falsely claimed Terraform’s blockchain was used in a popular Korean mobile payment app. US District Judge Jed Rakoff in Manhattan has asked both parties to file papers supporting the settlement by June 12. Representatives from the SEC and the defendants declined to comment. The collapse of TerraUSD and the related token Luna disrupted cryptocurrency markets in May 2022. Investors in the two cryptocurrencies lost more than $40 billion. The SEC asked Judge Rakoff to make Kwon and Terraform Labs relinquish $5.3 billion from stablecoin sales. Additionally, the SEC sought a $420 million fine for the company and a $100 million fine for Kwon. They also demanded a ban on dealing in “crypto asset securities.” Kwon and Terraform Labs argued for significantly lower penalties, proposing maximum fines of $3.5 million for the company and less than $1 million for Kwon. Facing related criminal charges in both the US and South Korea, Kwon has denied any wrongdoing. Since his arrest in Montenegro in March 2023, he has awaited extradition, with Montenegrin authorities deliberating whether to send him to the US or South Korea. The crypto community has mixed reactions to the settlement. Some question how Terraform Labs plans to return the money. The news has also influenced market movements: initially, LUNA gained over 22%, but it then plummeted, facing a 14% drop in the past 24 hours. $LUNA #LUNC
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📈 Ethereum Gains Momentum in June Ethereum (ETH) is currently hovering around $3,800, while Bitcoin fluctuates between $66,800 and $70,000. Despite various market-driven fluctuations, June appears particularly favorable for Ethereum compared to other cryptocurrencies. 🔾 What Are June Predictions for ETH? Last June, the cryptocurrency market seemed calm until the SEC filed lawsuits against major exchanges, Coinbase and Binance. Although history might not repeat itself this year, especially with the SEC potentially softening its stance before the November elections, Ethereum might still have a strong month. Three significant factors suggest ETH may perform well against BTC. 🔾 How Does Technical Analysis Look? The weekly ETH/BTC chart appears optimistic. Sustaining closures above the 0.051BTC level could result in substantial gains for ETH. Analyst Plazma believes ETH’s value is currently undervalued and anticipates a time when 10 ETH will equal 1 BTC. On-chain data shows a 7.75% increase in transaction volume last week, according to DappRadar. CryptoQuant reports an increase in the number of unique smart contracts on Ethereum, reflecting growing demand and interest, which bodes well for ETH prices. Bloomberg’s Eric Balchunas recently noted that BlackRock has updated the S-1 form for the iShares Ethereum Trust (ETHA). This indicates that ETH ETFs will be officially listed on exchanges by June, with June 10 being a potential optimistic date for listing. Market participants expect these spot Ether ETFs to significantly boost ETH prices. 🔾 Key Takeaways for Investors ● Sustaining closures above the 0.051BTC level could yield significant gains for ETH. ● On-chain data suggests increased transaction volumes and smart contracts activity. ● Approval and listing of ETH ETFs could serve as a catalyst for price increases. $ETH #ETH #Ethereum
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