Demex Daily #244: Worldcoin Launches Face Auth for Enhanced Wallet Security and Privacy

What’s Interesting Today:

Worldcoin has introduced Face Auth, a security feature for its World ID protocol that ensures only verified users can access their World App wallets. Face Auth is a private, on-device face comparison that matches a selfie against an image captured during the orb verification process, enhancing security and fraud protection. The technology is designed to keep personal data encrypted and stored only on the user's phone. Alongside this launch, Worldcoin has started a campaign to educate users on privacy, security, and its guiding principles, which include anonymity and personal data control.

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Solana has introduced its new phone, the Solana Seeker, set to launch in mid-2025 with 140,000 pre-orders. Priced at $450, less than half of its predecessor, the Saga, the Seeker offers enhanced features like a flagship display, improved cameras, and a longer-lasting battery. It’s designed to cater primarily to crypto users with built-in Seed Vault custody and a custom software wallet. The phone will also come with a Genesis NFT, unlocking potential rewards and exclusive experiences for owners. Solana Mobile aims to learn from users before expanding beyond the crypto community.

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