Lifeboat Foundation

The price of bitcoin plunged about 10% hours after it was revealed that Elon Musk’s SpaceX sold the cryptocurrency.

The Wall Street Journal reported on Thursday that SpaceX, which first purchased bitcoin in 2021, wrote down the value of its bitcoin holdings by a total of $373 million in 2021 and 2022 and has sold the crypto.

The write-down coincides with a steep drop in bitcoin’s price, which crashed in late 2021, setting off a “crypto winter” that extended through most of 2022.

Kenya claims it’s shutting down Sam Altman’s eyeball-scanning Worldcoin cryptocurrency within its borders — but Worldcoin says it’s suspending its own services in the country, thank you very much.

In a joint statement, a group of agencies in the East African nation said that Worldcoin “must cease its data collection activities in Kenya until further notice” as it investigates regulatory concerns about the way the project collects biometric data.

Worldcoin, meanwhile, seems to have a different version of events.

Kenya has ordered Worldcoin to stop collecting data in the country due to privacy and security concerns.

Kenya is pumping the brakes on Worldcoin — the eyeball-scanning crypto project launched by OpenAI founder Sam Altman. The Kenyan government has ordered Worldcoin to stop collecting data in the country while it reviews the project for potential privacy and security risks, as reported earlier by Reuters.

Worldcoin is a project that uses your iris to create a unique digital identity, which you can then link to digital currencies managed through the company’s World App. The project launched last week and has had people lining up to get their eyeballs scanned by the shiny, silver orbs Worldcoin… More.

Continue reading “Kenya suspends Sam Altman’s eyeball-scanning crypto project” »

Beware of CherryBlos: the new Android malware that’s out to steal your cryptocurrency!

Related: Worldcoin confirms it is the cause of mysterious Safe deployments

The stark contrast in the number of sign-ups before and after the launch suggests a lack of enthusiasm. However, the early on-boards also proved controversial, with one MIT report suggesting that the developers behind the project attracted the first million using deception, cash handouts and more, especially in developing countries where data laws are notably weak.

Worldcoin has drawn scrutiny and commentary from many well-known names in the crypto community, including Ethereum co-founder Vitalik Buterin and Twitter co-founder Jack Dorsey. In its defense, the project has maintained that it doesn’t collect personal information and can delete the biometric data upon user request.

July 24 (Reuters) — Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday.

The project’s core offering is its World ID, which the company describes as a “digital passport” to prove that its holder is a real human, not an AI bot. To get a World ID, a customer signs up to do an in-person iris scan using Worldcoin’s ‘orb’, a silver ball approximately the size of a bowling ball. Once the orb’s iris scan verifies the person is a real human, it creates a World ID.

The company behind Worldcoin is San Francisco and Berlin-based Tools for Humanity.

Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, was launched today.

Worldcoin, an entity offering a World ID to distinguish earthlings from artificial intelligence, was launched Monday. The company rolled out an eyeball-scanning technology and a crypto token called WLD.

Co-founded by OpenAI CEO Sam Altman with Alex Blania three years ago, WorldCoin said it is looking to revolutionize digital identity. It’s designed by developers at Tools for Humanity (TFH). A user can use WorldCoin to authenticate their World ID to prove they are a real person and will receive the digital currency in their account, which they can send anywhere.

The cryptocurrency of OpenAI Inc. Chief Executive Officer Sam Altman is set to launch Monday, Semafor reported.

A breakdown of how the Worldcoin tokens will be distributed will also be made public, according to the report, which cited unidentified people familiar with the matter.

A spokeswoman at Tools for Humanity, the company behind Worldcoin, declined to comment to Semafor. Worldcoin’s Twitter account posted a message on Sunday saying “It’s time. 24.7.23.” The post did not have further details.

AI had its nuclear bomb threshold. The biggest thing that happens to human technology maybe since the splitting of the atom.

A conversation with Science Fiction author and a NASA consultant David Brin about the existential risks of AI and what approach we can take to address these risks.

Continue reading “From Sci-Fi to Reality: Addressing AI Risks — with David Brin” »