Category: France

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French telecom group invests millions in local AI industry

The French telecom group Iliad revealed it has purchased one of Europe’s most powerful supercomputers and plans to create an AI research lab in Paris, among other developments. The French telecommunications group Iliad announced on Sept. 26 that it has plans to invest millions to build up the local French artificial intelligence (AI) industry.  Iliad…
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Global Debt Spikes to Record $307 Trillion Driven by US, Developed Nations

The world’s debt has surged to a record high level in the second quarter, according to the Institute of International Finance (IIF). The increase has also helped lift the global debt-to-GDP ratio which had been declining for seven quarters but is now projected to reach 337% by the end of this year. Major Markets Behind…
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Today in Crypto: Bitcoin User Pays $500,000 Fee to Transfer $200, Animoca Brands Raises $20 Million for Mocaverse Project, Unstoppable Domains Adds B2U Instant Messaging Feature

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Bitcoin User Pays $500,000 Fee to Transfer $200, Animoca Brands Raises $20 Million for Mocaverse Project, Unstoppable Domains Adds B2U Instant Messaging Feature  Read more »Sign up for…
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France launches a certificate for finfluencers, including crypto

The country has introduced a non-obligatory Responsible Influence Certificate for those promoting crypto. 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…
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French Regulator Revises Crypto Rules to Align With EU’s MiCA Law

France’s financial market regulator said it’s adjusting the rules for crypto companies in line with Europe’s new regulatory framework. The changes, which will enter into force next year, seek to enhance registration requirements for businesses offering certain services for digital assets like custody and trading. AMF Revamps Crypto Regulations to Enforce Stricter Registration Rules for…
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Today in Crypto: India’s Central Bank Proposes AI-powered Conversational Payments System, India Wants to Utilize Crypto to Digitally Sign Documents, UK Recruiting For CBDC Academic Advisory Group

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: India’s Central Bank Proposes AI-powered Conversational Payments System, India Wants to Utilize Crypto to Digitally Sign Documents, UK Recruiting For CBDC Academic Advisory Group  Read more »Sign up…
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Certik Uncovers Security Vulnerability in Worldcoin’s Verification Process

On May 29, 2023, Certik, a blockchain and smart contract auditing firm, reported a critical security vulnerability within Worldcoin’s verification process. This flaw could have allowed attackers to bypass strict identification measures and operate an Orb, a device used to collect users’ iris information. The revelation comes amidst existing complaints regarding Worldcoin’s data collection practices…
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Bavaria’s Data Protection Office Launches Probe Into Worldcoin’s Iris-Scanning Data Practices

Bavaria’s State Office for Data Protection Supervision (DPS) has initiated an inquiry into the Worldcoin project and its data collection techniques, as disclosed in a Reuters report on Monday. This comes shortly after similar investigations by Kenya’s Office of the Data Protection Commissioner (ODPC) and France’s National Commission for Informatics and Liberty (CNIL), who also…
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French privacy watchdog questions Worldcoin’s data collection method: Report

French data protection agency CNIL said it finds the legality of Worldcoin’s collection methods “questionable” alongside the conditions for storing the data. The French National Commission on Informatics and Liberty (CNIL), France’s data protection agency, is questioning the legality of Worldcoin’s data collection methods, according to a Reuters report.  In an email to Reuters on…
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Worldcoin Officially Launches, Announces Orb Rollout Expansion in More Than 35 Cities

Worldcoin, the decentralized biometric ID protocol, has officially launched, allowing users to reserve their share of WLD, the incentives-driven token of the protocol, that will be granted when confirming one’s identity using a biometric device called the “Orb.” In addition, Worldcoin also informed that it will be accelerating the rollout of these devices to more…
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