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Latest: Fintech News

TerraUSD Co-Founders Face Lawsuit Over $40bn Crypto Collapse
TerraUSD Co-Founders Face Lawsuit Over $40bn Crypto Collapse

The LKB & Partners law firm filed a lawsuit against Terraform Labs co-founders Do Kwon and Daniel Shin, the Seoul-based Munwha Ilbo newspaper reported

US States Ignoring China Cyber Threats, Says Data Group
US States Ignoring China Cyber Threats, Says Data Group

The consultancy urged state authorities to restrict Chinese government-owned companies from state purchase and contracts and restrict university partnerships

Canada Bans Huawei, ZTE 5G Gear on ‘National Security’ Fears
Canada Bans Huawei, ZTE 5G Gear on ‘National Security’ Fears

Authorities said companies would be required to remove their 5G equipment by June 2024 and would not be reimbursed for their expenses

China Tech Giants Listed in Hong Kong Plunge Again
Trash-Talking Crypto ‘Whiz’ Created a $40bn Crash – NYT
Sri Lanka Holds Rates Steady as $130m Funding Pays for Fuel
Cybersecurity Team Creates Tool to Unlock, Operate Tesla Cars
Sony Ready for Metaverse Revolution Across Platforms
Cryptocurrency More Like Kryptonite, Says Top Fund Manager
Russia Moves Towards Legalising Crypto, Says Minister

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