Latest: Fintech News
Compass Mining, a provider of crypto mining gear, announced that two of its key executives have resigned. It has also disputed a debt claim by coin miner Dynamics.
The Inzone line, developed by a unit outside Sony's main gaming business, aims to leverage Sony's audio and display technology,
China's public security ministry said its cyber division would identify and remove social media accounts and posts that disrupt social harmony
The sudden plunge in crypto values, which started in May amid a broader economic slowdown, complicates Pyongyang's ability to fund its weapons programmes
Volt Bank, which in February said it intended to raise A$200 million ($138 million), said it was unable to secure enough funding to support the business
The city-state has put in a number of measures to ensure what it calls 'protections for local employees' by cutting back visas and raising the salary level for foreigners
Recent crypto chaos proof that Beijing’s ban on cryptocurrency trading was justified, says Chinese state-run newspaper The Economic Daily
Three Arrows Capital (3AC) – a prominent hedge fund based in Singapore that deals in crypto – has defaulted on a loan worth more than $670 million, broker Voyager Digital says
GlobalWafers said the plant, which will make 300-milimetre silicon wafers, will start being built this year and it will generate up to 1,500 jobs in Sherman, Texas
The number of coins miners are transferring to exchanges has climbed steadily from June 7, researchers said, in a sign that 'miners are increasingly liquidating their coins on exchanges'
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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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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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