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Snapchat has announced a new feature called “Here For You” that promises to “provide proactive in-app support to Snapchatters who may be experiencing a mental health or emotional crisis”.

The popular youth-oriented app is the latest to join a wave of social media platforms setting out to monitor and improve the well-being of their users.

Facebook, the largest social network in the world, stunned the world earlier this year with the announcement of its own cryptocurrency, Libra. The launch has raised questions about the difference between Libra and existing cryptocurrencies, as well as the implications of private companies competing with sovereign countries in issuing currencies.