Amid the current pressure on so-called “finlfluencers,” promoting investment products in their blogs, France makes a step toward outright licensing them. The country introduces a non-obligatory Responsible Influence Certificate. As revealed on Sept. 7, two French regulatory agencies, the Autorité des Marchés Financiers (AMF) and the Autorité de Régulation Professionnelle de la Publicité (ARPP) have jointly set up a training module for influencers in the financial sector. The “Responsible Influence Certificate” has existed since 2021, when it was first time introduced by the ARPP. Over 1,000 French influencers have obtained…
Tag: Launches
Startup Anthropic Launches Premium Subscription Plan for Its AI-Powered Chatbot
The paid plan for Claude Pro has been competitive priced in order to directly compete with ChatGPT Plus. On Thursday, September 7, popular AI startup Anthropic, co-founded by ex-OpenAI employees, announced the launch of its first paid subscription plan for its AI-powered, text-analyzing chatbot Claude Pro. The paid version of the Claude chatbot shall be currently available in the US and the UK. At a monthly rate of $20 in the US or £18 in the UK, subscribers receive “5x more usage” compared to the free Claude 2 tier. They…
SoftBank-backed Stack AV Launches Autonomous Truck Business to Streamline Supply Chain Management
Stack AV has a team of experienced developers working on an AI-powered technology to increase productivity and efficiency in truck businesses. Artificial Intelligence (AI) technology is expected to significantly revolutionize the automotive industry in the coming years, and Stack AV is well positioned to lead in the truck business. Backed by veteran investors from the SoftBank Group Corp (Tokyo: 9984), Stack AV announced the launch of its autonomous truck business to introduce self-driving vehicles. The company highlighted that the new business venture will leverage its self-driving technology in a bid…
Ant Group launches a new blockchain brand for Web3 developers
Ant Group, the owner of the world’s largest mobile payment platform Alipay, revealed its new sub-brand under the name ZAN. The brand will focus on blockchain development and services for both institutional and individual Web3 developers. The official press release, published on Sept. 8, cites a wide scope of technical products and services, which ZAN will offer to its clients. It starts with a solution to help Web3 companies issue and manage real-world assets (RWAs) in compliance with local regulatory requirements. Then it covers a series of technical products, including…
Aussie fintech prays for crypto clarity as it launches Bitcoin-backed loans
Australian fintech firm Block Earner is charging ahead with plans to launch a crypto-backed loans product, despite staring down an upcoming court date with the financial regulator for allegedly offering financial products without a license. The new crypto loan product allows Australian crypto investors to use crypto as collateral to borrow cash. Similarly, a Colorado-based lending platform called SALT offers crypto-backed loans to U.S. clients. The major cryptocurrency exchange Coinbase once offered a similar service to its U.S. customers but shuttered it in May this year. The initial rollout from…
Bitcoin Alternative ‘Bitcoin BSC’ Launches Presale on Binance Smart Chain With High APY Staking
Aiming to offer a Bitcoin alternative to investors during the bear market, Bitcoin BSC token is off to an explosive start in its presale, having already raised close to $50,000 in just 24 hours. Investors have been dissatisfied with Bitcoin’s performance in recent weeks as the largest cryptocurrency is down 11% over the past month. On the other hand, Bitcoin clones like BTC20 and BTC 2.0 have outperformed the bearish crypto market and have shown remarkable bullish strength. Bitcoin BSC is another such token that is generating tremendous enthusiasm amongst…
Bitop Exchange Launches Enhanced Crypto, Stocks, Commodities and Binary Solutions
September 6, 2023 – Toronto, Canada Bitop, the regulated cryptocurrency exchange, has unveiled enhancements to its core products to better meet the needs of retail and institutional clients and position itself as a primary hub for crypto, commodities, binary and stocks trading. The exchange is aiming to attract traders exploring investment options in commodities, stocks, spot and derivatives via a user-friendly platform. As traders increasingly demand access to diverse investment products, Bitop has debuted a wide range of solutions that enable its users to enjoy low fees while managing a…
MetaMask launches feature to sell ETH for fiat
Cryptocurrency wallet MetaMask has announced the launch of a feature allowing users to sell Ether for fiat currency. In a Sept. 5 post on X — formerly Twitter — MetaMask said users with crypto wallets connected to the platform’s Portfolio decentralized application would be able to cash out Ether (ETH) and send fiat to their bank accounts in the United States, United Kingdom and parts of Europe. MetaMask said the initial rollout was limited to ETH but planned to expand to “native gas tokens on layer 2 networks” in the future. We…
Sorare Launches 3D Football Player Cards with Augmented Reality
With the introduction of the Sorare App’s AR functionality, fans can now take their virtual football experience beyond the screen and into their everyday lives. Web3 fantasy sports platform Sorare has announced the launch of its 3D digital football player cards with built-in Augmented Reality (AR) features. This bold move aims to revolutionize the way fans interact with their favorite football players and take fantasy sports to a whole new level. Sorare Unveils a New Era of Fantasy Sports Interaction To celebrate this groundbreaking development, Sorare is hosting its inaugural…
Cronos Labs Launches $100M Accelerator Program to Foster AI and Blockchain Innovation
Coinciding with the commencement of Korea Blockchain Week, the recruitment phase of the program began on September 4th. Renowned blockchain network developer Cronos Labs has embarked on an ambitious journey with the launch of its third accelerator program. This unique initiative, backed by an impressive $100 million investment, is dedicated to supporting startups operating at the exciting intersection of Artificial Intelligence (AI) and blockchain. Cronos Labs Seeking Eight Lucky Startups in Accelerator Program One of the most exciting aspects of Cronos Labs’ accelerator program is the opportunity it presents to…