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Worldcoin Raises $135 Million via WLD Token Sale From Andreessen Horowitz and Bain Capital Crypto to Expand Privacy-Preserving Network | DeepNewz VC

Business Bytes

Business Bytes · 4m ago

Worldcoin Raises $135 Million via WLD Token Sale From Andreessen Horowitz and Bain Capital Crypto to Expand Privacy-Preserving Network | DeepNewz VC

Worldcoin has successfully raised $135 million through the sale of its WLD tokens. The project focuses on advancing "Proof of Human," a technology standard aimed at ensuring human authenticity, particularly in the age of AI, while prioritizing privacy protection. Andreessen Horowitz and Bain Capital are among the major investors expressing their continued commitment and enthusiasm for the project, highlighting its significant progress and potential impact.

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Sam Altman's World Assets Raises $135M for Biometric ID Expansion, WLD Token Jumps 14% in 6 Cities | DeepNewz VC

deepnewz

deepnewz · 4m ago

Sam Altman's World Assets Raises $135M for Biometric ID Expansion, WLD Token Jumps 14% in 6 Cities | DeepNewz VC

World Assets raised $135 million by selling WLD tokens to a16z and Bain Capital Crypto, aiming to expand its global biometric ID system. As a result, the price of WLD tokens increased from $1.15 to $1.25. The sale introduced over 100 million new tokens into the market, contributing to the increase. Now, 12.5 million individuals possess Orb-verified IDs, highlighting the growing reach of World Assets' biometric identification initiative.

What is Sam Altman’s Worldcoin crypto project? How is it going to work?

Money Control

Money Control · 2y ago

What is Sam Altman’s Worldcoin crypto project? How is it going to work?

The Worldcoin protocol also has its own digital currency, WLD token, which will be initially distributed among users for free as they sign up, defining that they are unique humans, and the currency can be used for transactions and payments through a World-ID compatible app called World App. Read the article on the source link below to know more-

Spain blocks Sam Altman's eyeball-scanning venture Worldcoin: report

Economic Times

Economic Times · 1y ago

Spain blocks Sam Altman's eyeball-scanning venture Worldcoin: report

Spanish data protection regulator AEPD has ordered cryptocurrency project, Worldcoin, to immediately stop collecting personal data in Spain and cease using any data it has already gathered. AEPD has given Worldcoin 72 hours to demonstrate compliance with the order. Worldcoin, which aims to distribute cryptocurrency tokens to unique individuals using iris scanning technology, has faced concerns over privacy risks. The project has received support from major venture capital firms such as a16z crypto and Bain Capital Crypto.

Inside Sam Altman’s eye-scanning crypto party

The Verge

The Verge · 3m ago

Inside Sam Altman’s eye-scanning crypto party

Sam Altman’s cryptocurrency project, Worldcoin, debuted in the US with an event in San Francisco featuring eye-scanning orbs to verify users' humanness. The project, co-founded by Altman and Alex Blania, offers 16 WLD tokens for verification via its Ethereum-based World Chain. Worldcoin plans to open locations in six major US cities. The event, highlighting this science fiction-like concept, featured a performance by Anderson Paak, reflecting Altman's influence in the tech sphere.

Andreessen Horowitz Leads $300 Million Round Backing Abridge AI Valued at $5.3 Billion for Doctor-Patient Transcription | DeepNewz VC

Business Bytes

Business Bytes · 3m ago

Andreessen Horowitz Leads $300 Million Round Backing Abridge AI Valued at $5.3 Billion for Doctor-Patient Transcription | DeepNewz VC

Andreessen Horowitz led a $300 million funding round for Abridge AI, valuing it at $5.3 billion. Meanwhile, U.S. venture capitalists are actively engaging with China's biotech sector, indicating a burgeoning interest in tapping into Chinese innovation within this industry.

Sam Altman Launches World ID Orb with $42 Worldcoin Fee, 7,500 US Stations, Backed by $135 Million Funding | DeepNewz VC

deepnewz

deepnewz · 4m ago

Sam Altman Launches World ID Orb with $42 Worldcoin Fee, 7,500 US Stations, Backed by $135 Million Funding | DeepNewz VC

Sam Altman, recognizing the growing need to authenticate human identity amid AI advancements, founded the World Network (Worldcoin) with a focus on building “The Real Human Network.” Recently, World Network secured a $135 million loan, indicating strong financial backing, particularly from the US. This support contrasts with other initiatives like the Humanity Protocol, highlighting the competitive landscape in developing technologies to verify human identity in the AI-driven world.

Oncade Raises $4 Million Led by Andreessen Horowitz to Launch Direct-to-Consumer Web3 Game Platform Bypassing App Stores | DeepNewz VC

Business Bytes

Business Bytes · 3m ago

Oncade Raises $4 Million Led by Andreessen Horowitz to Launch Direct-to-Consumer Web3 Game Platform Bypassing App Stores | DeepNewz VC

Oncade has raised $4 million, led by Andreessen Horowitz, to launch a platform that allows game studios to sell directly to consumers, bypassing traditional app stores. This initiative aims to eliminate high platform fees and empower communities to drive game sales directly.

Affiniti, LMArena, and Catena Labs Secure Funding for AI and Fintech Innovations | DeepNewz VC

Business Bytes

Business Bytes · 4m ago

Affiniti, LMArena, and Catena Labs Secure Funding for AI and Fintech Innovations | DeepNewz VC

Affiniti, LM Arena, and Catena Labs have successfully secured funding aimed at boosting AI and fintech innovations. The funding round was led by Andreessen Horowitz (@a16z), the University of California, and other prominent backers. One of the highlighted objectives is the development of infrastructure for open, reliable AI evaluation by LM Arena. The teams are enthusiastic about future developments and encourage feedback and engagement from the community to enhance their offerings.

These three new crypto coins are catching serious attention - The Economic Times

Economic Times

Economic Times · 1m ago

These three new crypto coins are catching serious attention - The Economic Times

Three new crypto tokens—Bitcoin Hyper, TOKEN6900, and Snorter Token—are gaining attention. Bitcoin Hyper aims to enhance Bitcoin's utility using Layer 2 solutions. TOKEN6900 embraces meme culture, following the viral success of SHIB and DOGE. Snorter Token focuses on simplifying crypto trading via a Telegram bot, offering swaps, snipes, and portfolio tracking. With fresh capital and innovative approaches, these tokens cater to the evolving needs of the crypto market.

Hex Raises $70 Million Series C Led by Sequoia, a16z, Snowflake, Redpoint, Avra to Advance Agentic Analytics and Data Apps | DeepNewz VC

Business Bytes

Business Bytes · 4m ago

Hex Raises $70 Million Series C Led by Sequoia, a16z, Snowflake, Redpoint, Avra to Advance Agentic Analytics and Data Apps | DeepNewz VC

Hex has raised $70 million in a Series C funding round led by Sequoia, Andreessen Horowitz (a16z), Snowflake, and Redpoint with Avra participating as well. The company is redefining analytics for the AI era, providing tools that enable influential companies worldwide to transform data into actionable insights. Anu Hariharan from Sequoia highlighted Hex's capability in making analytics more accessible and valuable for organizations aiming to leverage their data effectively.

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