Latest: Fintech News
China has been working on a service network that enables the deployment of blockchain technology for businesses, notably those operating cloud computing infrastructure, the report says
Binance had invested $3 million in TerraUSD's sister cryptocurrency, Luna, four years ago. Its value plunged from $1.6 billion before last week's crash to less than $3,000 today.
Tech executives including Qihoo 360's Zhou Hongyi and Baidu's Robin Li are attending the meeting with Vice Premier Liu He, said people familiar with the matter.
Paytm E-commerce bought back a combined stake of 43.32% for 42 crore rupees ($5.4 million), valuing the company at just around 100 crore rupees ($10.2 million)
India's Reserve Bank tells government that cryptocurrencies could lead to a dollarisation of the economy
TerraUSD had a value of $1, with a market value of nearly $19 billion at its peak, before it plunged the whole of last week and ended at just 16 cents on Friday
e& says it seeks to gain "significant exposure to a world leader in connectivity and digital services", adds it has no intention of making an offer for the whole of Vodafone
Many global investment banks have been looking to offer clients more crypto related services, responding they say to demand from institutional investors
Some 45% of the country's people are now on 5G, but telecom firms have not been willing to invest in the fancier technology that would ramp speeds by 20 times over 4G technology
Semiconductor Manufacturing International Corporation (SMIC) announced revenue of $1.8 billion in first three months ended March 31, a 16.6% rise from the previous quarter
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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