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Latest: Fintech News

Crypto Platform Poly Network Rewards Hacker with Big ‘Bug Bounty’
Crypto Platform Poly Network Rewards Hacker with Big ‘Bug Bounty’

Hacker reportedly offered $500,000 as a reward for returning crypto-assets taken in huge heist this week to a wallet the platform can access – but it is not known if 'Mr White Hat' will accept the offer

China Smartphone Shipments Leap 30% Despite Chips Crisis
China Smartphone Shipments Leap 30% Despite Chips Crisis

Numbers are up from 21.3 million in July last year to 27.8 million last month, according to state-backed think tank CAICT

Baidu On Cloud Nine as Revenues Roll In On Ad Sales, AI Demand
Baidu On Cloud Nine as Revenues Roll In On Ad Sales, AI Demand

China’s Google has surprised analysts with a healthy set of quarterly numbers as it battles rivals Alibaba and ByteDance for tech dominance

After Huge Crypto Heist, $342 Million is Returned to Poly Network
Star Tech Investor Cathie Wood Nonplussed by China’s Crypto Crackdown
Bitcoin Outflows Accelerate As Global Crackdowns Take a Toll
Tencent to Inspect WeChat’s ‘Youth Mode’ after Prosecutors’ Lawsuit
Bukalapak Shares Soar 25% Amid Frenzy Over Indonesia’s Biggest IPO
Foxconn Signals EV Chips Move With $90.8m Plant Purchase From Macronix
Shares of Vodafone’s India Arm in Freefall

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Fintech: The Big Picture

ASML in the Centre of the Chip War

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