Web3 identity startup Humanity Protocol secured $30 million in funding, led by Kingsway Capital. Backed by Animoca Brands and others, it also raised $1.5 million from crypto influencers. The firm plans to launch its cryptocurrency using palm vein scans for ID verification. With 500,000 on the waitlist, it aims to roll out its test network in Q2 2024. Meanwhile, Worldcoin faces criticism but vows to enhance data protection.
