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2 years ago

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Worldcoin, an ambitious but also controversial cryptocurrency project, has been making headlines since its launch last month. The project collects people’s biometric data by scanning their eyeballs via a metallic orb. Its goal is to create a proof-of-personhood system that allows it to distinguish robots from humans in the budding era of AI. 

But the project has raised numerous concerns among regulators and privacy advocates around the world due to an alleged lack of transparency regarding the methods the organization is using to collect people’s data.

A single company gathering millions of people data can potentially create a data privacy threat.

Moreover, some investigative reporters shed light on unethical and deceptive methods used by the organization to collect people’s data in the Global South. In particular, the organization has been giving out its native token, WLD, as an incentive to sign up, allegedly using “deceptive marketing techniques”. 

Currently, the token has no real use case and it is largely a speculative instrument on the future success of the Worldcoin project. 

In our latest Cointelegraph report, we broke down how Worldocin works and tried to figure out how grounded are the concerns around it.

Watch our full report on Cointelegraph YouTube channel and don’f forget to subscribe!

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Politics

Political Traitors: Who can you trust?

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4 hours ago

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November 10, 2025

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Political Traitors: Who can you trust?

👉Listen to Politics at Sam and Anne’s on your podcast app👈

Sam reveals there might be some Traitors-style plotting going on behind the scenes in government – but from who? And how might Sir Keir Starmer see off this challenge?

Budget speculation continues, and specifically – who is and is not a “working person”? And, should it occur, what would the consequences be of breaking a manifesto commitment? How perilous a moment for Starmer could this be?

And after the BBC’s director general and CEO of news resign, what does Starmer now say about the organisation? And who will come next in the top BBC job?

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Politics

Stablecoin demand is growing, and it can push down interest rates: Fed’s Miran

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5 hours ago

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November 10, 2025

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Stablecoin demand is growing, and it can push down interest rates: Fed’s Miran

A growing demand for US dollar-tied crypto stablecoins could help push down the interest rate, says US Federal Reserve Governor Stephen Miran.

The Donald Trump-appointed Miran told the BCVC summit in New York on Friday that the dollar-pegged crypto tokens could be “putting downward pressure” on the neutral rate, or r-star, that doesn’t stimulate or impede the economy.

If the neutral rate drops, then the central bank would also react by dropping its interest rate, he said.

The total current market cap of all stablecoins sits at $310.7 million according to CoinGecko data, and Miran suggested that Fed research found the market could grow to up to $3 trillion in value in the next five years.

Stephen Miran speaking at a conference in New York on Friday. Source: BCVC

“My thesis is that stablecoins are already increasing demand for US Treasury bills and other dollar-denominated liquid assets by purchasers outside the United States and that this demand will continue growing,” Miran said.

“Stablecoins may become a multitrillion-dollar elephant in the room for central bankers.”