Latest: Fintech News
Before the software upgrade one Ethereum transaction used as much power as an average US household uses in a week
The chief operating officer of TikTok declined to tell US lawmakers on Wednesday "that the short-form video app will cut off flows of US user data to China"
The country’s cyberspace regulator is looking impose harsher punishments for breaches of its data security laws
Seoul's Personal Information Protection Commission said it had fined Alphabet's Google $50m and Meta $22m for privacy violations. Both said they would review the finding.
The FBI told Twitter an agent from China's Ministry of State Security was on its payroll, a Senate Judiciary Committee heard on Tuesday
TSMC's new N3E chipmaking tech will offer better performance, energy efficiency, and cost-effectiveness, the report said.
The US is considering sanctions against China to try to deter it from invading Taiwan, while Taipei has lobbied the European Union to do the same
Taiwan's Globalwafers will start work in November on the first silicon wafer facility built in the US in more than two decades.
Twitter's dealings in China may come to the fore on Tuesday when a US Senate panel holds a hearing to consider a whistleblower complaint filed by the group's former security chief.
Ethereum has surged 65% since June as it nears a software upgrade to reduce its power usage. Some bet that if the 'Merge' this week is successful it could even challenge bitcoin
In This Section
AF Fintech Insights
-
Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
Recommended: AI News
Recommended: Crypto News
Recommended: Blockchain News
AF TV: Fintech Videos
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
-
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
-
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.
-
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.
-
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
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
