Overview

• OpenAI CEO Sam Altman reaffirms his support for Worldcoin, a cryptocurrency project aiming to create a global identity and financial network, amid reports of the company seeking $50 million in funding.
• Worldcoin is reportedly raising funds by selling its crypto tokens at a discounted rate.
• Over 2.6 million people have registered their irises for scanning by Worldcoin's 'orb' devices in exchange for a digital ID and free cryptocurrency.
• Worldcoin has previously raised $115 million in a Series C funding round from investors including Blockchain Capital, a16z crypto, and Bain Capital Crypto.
• Regulators in the U.K. and Germany have announced their intentions to investigate Worldcoin.