ChainCatcher news, according to TheBlock, the Bavarian State Office for Data Protection Supervision in Germany has ordered Worldcoin's human verification project to delete biometric data collected through eye scans. Worldcoin stated that it has changed its processes, and the findings of the German regulators "largely" pertain to "outdated operations and technologies that have been replaced in 2024."The Bavarian State Office for Data Protection Supervision concluded an investigation that began in April 2023, stating in a release on Wednesday: "Worldcoin is obligated to provide a deletion procedure compliant with GDPR (General Data Protection Regulation) within one month after the decision takes effect, and to delete certain previously collected data records without sufficient legal basis."OpenAI CEO Sam Altman stated that measures have been taken in recent months to alleviate regulators' concerns, including transitioning to a system where Worldcoin no longer stores biometric data. To comply with GDPR requirements, the iris codes used to verify individual World IDs will no longer be stored, and previously collected iris codes will be voluntarily deleted, ensuring that no personal data used to operate World IDs is retained.

ChainCatcher message, according to SoSoValue data, the encrypted market sector has seen some pullback, while the AI and GameFi sectors continue to rise strongly, with 24h increases of 7.98% and 6.30%, respectively. Notably, within the AI sector, Virtuals Protocol (VIRTUAL) increased by 56.53%, Worldcoin (WLD) increased by 11.37%, Fetch.ai (FET) increased by 8.36%, and Bittensor (TAO) increased by 5.08%. In the GameFi sector, The Sandbox (SAND) increased by 12.42%, Decentraland (MANA) increased by 8.18%, and ImmutableX (IMX) increased by 6.86%.Additionally, significant rebounds were seen in the following sectors: the PayFi sector rose by 4.69%, the DePIN sector rose by 2.66%, and the RWA sector rose by 1.47%. The LRTFi sector, which saw strong gains yesterday, along with ETH, experienced a 24H decline of -1.97% and -1.41%.

ChainCatcher news, according to official sources, Worldcoin has launched the new World ID Passport Credential, which is currently being trialed in some countries including Chile, Colombia, Malaysia, and South Korea.It is reported that the new World ID Credentials allow individuals to link valid forms of identification (starting with NFC-enabled passports) to their World ID without sharing any information with TFH, the World Foundation, or any other third party.

ChainCatcher news, according to official sources, Worldcoin has announced the launch of the World ID verification service in Panama.

ChainCatcher news, according to iChainfo monitoring, 60 million WLD (worth 135.9 million USD) have been transferred to the Worldcoin multi-signature address, and these WLD are expected to be transferred to several market makers soon.

ChainCatcher message, according to SoSoValue data, the encrypted market sector continues to show a general upward trend, with the AI sector leading the way, achieving a 24-hour increase of 10.48%. Notable performers include Worldcoin (WLD) with an increase of 24.11% and Render (RNDR) with an increase of 22.37%;In addition, the Meme sector continues to show an upward trend, with an increase of 9.41%, and the leading project Dogecoin (DOGE) rising by 19.57%. Furthermore, the DePIN sector increased by 7.56%, the Layer 1 sector increased by 2.58%, the Layer 2 sector increased by 2.19%, and the RWA sector increased by 1.44%.

ChainCatcher message, OpenAI CEO Sam Altman posted on X: "Over the past year, World (i.e., Worldcoin) has made incredible progress, and I am immensely proud of the team, especially under the leadership of Alex Blania, which combines vision and execution. Overall, I am very optimistic about the bright future of cryptocurrency."

ChainCatcher news, according to Crypto-News-Flash, Chile's consumer protection agency SERNAC has issued a notice to World (formerly Worldcoin) and Rappi, demanding that they cease iris scanning activities in the country.It is reported that Rappi has clarified that Rappi and World signed a memorandum of understanding aimed at conducting a pilot test for on-demand human verification services, with the related iris scanning program set to be trialed in Argentina in 2024, rather than in Chile as previously speculated. However, SERNAC claims to have received multiple reports related to World’s operations in the country, including the registration of minors in the system, the operator's failure to disclose data, and the inability to delete data from the system.

ChainCatcher message, Binance announced the completion of Worldcoin (WLD) mainnet integration on October 24, 2024, at 14:00 (UTC+8). Users can now use WLD tokens for deposit and withdrawal operations. Binance stated that users can view their allocated WLD token deposit addresses on the platform.

According to ChainCatcher's message, monitored by on-chain analyst Yu Jin, in the past week, Worldcoin's multi-signature wallet (0xE79...1a3) distributed 5.3 million WLD (12 million USD) to 5 market makers.Since April 29, this multi-signature wallet of Worldcoin has been distributing WLD to market makers. So far, over the past six months, it has distributed a total of 44.9 million WLD (103.27 million USD) to 5 market makers (Wintermute/GSR/Flow Traders/AurosGlobal/Amber), and these WLD came from the Worldcoin Foundation's cold wallet.

ChainCatcher message, during the live broadcast of Worldcoin, the official announced the launch of "Verified Passport" as a new type of World ID credential. The credential allows users holding specific government-issued IDs to access the World Network and its benefits in a limited way without fully verifying human identity, including applying for Worldcoin grants.

ChainCatcher news, the digital identity project Worldcoin, backed by OpenAI CEO Sam Altman, has announced its rebranding to World Network (abbreviated as World) and officially launched its Ethereum Layer 2 blockchain mainnet, World Chain.World Network stated that as the project scales and the importance of the World ID human proof protocol increases, "Worldcoin" can no longer fully encapsulate the project's mission. The new brand World encompasses three core pillars: World Chain, World ID, and the Worldcoin token, aiming to build a network composed of real, verified humans to drive advancements in artificial intelligence.World Chain is a "human-only" community built on the OP Stack, offering more practical applications, lower gas fees, and in the future, allowing users to participate in the development direction of World Chain. Well-known projects such as Optimism, Alchemy, Uniswap, Safe, Dune, and Etherscan will support the launch of this blockchain.

ChainCatcher news, Worldcoin recently shared an important project update in San Francisco. Developers stated that the project has "significantly" grown over the past five years, and the time has come to enter the next stage of development.At the upcoming "A new world" live event in San Francisco on October 17, Tools for Humanity (TFH) CEO Alex Blania and OpenAI CEO Sam Altman will discuss the global initiative's "meaningful updates" alongside key members of the Worldcoin Foundation and TFH.These key updates include improved digital technologies and methods to bring more users into the Worldcoin network, aiming to expand the project from the current approximately 7 million verified users to 700 million or even "more," while also providing essential tools to help everyone share in the "benefits" of the artificial intelligence era.

ChainCatcher news, according to The Block, Worldcoin has partnered with Dune to enhance transparency for users ahead of the World Chain mainnet launch. Dune will enable the Worldcoin community to access on-chain data through detailed analyses or insights. This collaboration also aims to provide metrics such as the real number of chain interactions for developers and users, as well as the performance of DeFi protocols or DEXs based on World Chain.

ChainCatcher news, Worldcoin announced on X that it has launched the World ID verification service in the Dominican Republic.