Fr. Sep 29th, 2023

• OpenAI CEO Sam Altman calls for AI to be regulated during Senate hearing
• Ex-Ethereum developer Hudson Jameson criticizes the Worldcoin project led by Altman
• The project uses a device called an orb that scans the irises of individuals to determine if they are human and rewards them with Worldcoin

OpenAI CEO Calls for AI Regulation

OpenAI CEO Sam Altman recently testified at a Senate hearing, calling for regulation of artificial intelligence. He is also leading a crypto project called Worldcoin, which has already raised $100 million from investors.

Hudson Jameson Critical of Worldcoin Project

Former Ethereum core developer Hudson Jameson has voiced his criticism of the Worldcoin project. He believes that it lacks transparency and finds its tokenomics „suspicious.“

Worldcoin Uses Iris-Scanning Technology

The project utilizes an orb device that scans people’s irises in order to verify their identity and reward them with Worldcoin. This technology aims to create a global ID system that would give users access to cryptocurrency payments, banking services, and more.

Countdown to Bitcoin Halving

The countdown continues as there are now less than 50,000 blocks remaining until the much anticipated Bitcoin halving event takes place. This event will reduce block rewards from 12.5 BTC per block mined to 6.25 BTC per block mined, making mining less profitable for miners and potentially driving up prices due to increased scarcity.

ECB Believes Digital Euro is Necessary

Despite lukewarm response from banks and consumers, the European Central Bank (ECB) believes that creating a digital euro is necessary in order for Europe to stay competitive in the digital age. They are currently exploring ways on how this could be achieved without compromising financial stability or privacy rights of citizens.

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