Worldcoin's value, known as WLD, went up by 6% after the Worldcoin Foundation unveiled a major update. They introduced a new Secure Multi-Party Computation (SMPC) system to make things safer for users. This change also involved deleting old iris codes, which helps keep user information private.

The Worldcoin Foundation, along with TACEO, a group of experts in cryptography, worked hard on this upgrade. They focused on protecting biometric data better, using advanced technology called SMPC.

The new system splits iris codes into many secret parts, spreading them among different groups. These groups can work together on the data without revealing the secrets. This not only makes biometric data more secure but also respects users' privacy. All the technical details are available for anyone to see on GitHub, showing transparency and encouraging more innovation.

Worldcoin's latest move sets a new standard for protecting biometric data. By moving iris codes to the advanced SMPC system, they were able to get rid of old systems and codes, emphasizing their commitment to privacy. They made sure to delete all the old data securely, leaving no traces behind. Investors responded positively, with the price of WLD going up to $5.62, a 5.8% increase in just one hour. The trading volume also rose, reaching $545,739,668.60 in 24 hours. With 210 million WLD in circulation, Worldcoin's market cap is now at $1.07 Billion.

This increase in value shows that investors trust Worldcoin's efforts in technology and privacy.