Latest: Fintech News
Russia is turning to microchip manufacturers in China to circumvent western sanctions which have boosted demand for bank cards linked to Mir payment system, a payment card executive said.
Hydra is popular among cyber criminals seeking hacking tools and money laundering services and looking to trade in stolen data and drugs
The so-called China UnionPay process allowed "international patrons to access funds in order to gamble at Crown Melbourne", evading Chinese currency restrictions.
Musk on Monday revealed a 9.2% stake in Twitter but filed as a passive shareholder, avoiding detailed financial disclosure
There has been a “loss” of about $1.23 billion across the web3 ecosystem in the first quarter of 2022, according to a report by Immunefi
The scraping was run by an engineering team in China and began soon after ByteDance acquired Flipagram in January 2017
The NFT bubble isn't popping but it may have sprung a leak as sales dip on the world’s biggest marketplace, OpenSea
Taiwan aims to forge closer ties with the US on electric vehicles, the metaverse and next-generation communication tech as Washington pushes to bring supply chains onshore, Nikkei says
Huawei paid out dividends totalling 61.4 billion yuan ($9.65 billion) to current and retired workers in its employee shareholder scheme, a filing with the Shanghai Clearing House shows
Poll comes after Tesla CEO disclosed a 9.2% stake in Twitter earlier in the day, worth nearly $3 billion, that made him the micro-blogging site's largest shareholder
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AF Fintech Insights
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
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Fintech: The Big Picture
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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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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