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Latest: Fintech News

Hacker Claims to Have Stolen Data on 1bn Chinese in Record Breach
Hacker Claims to Have Stolen Data on 1bn Chinese in Record Breach

Hacker offering to sell the more than 23 terabytes of data for 10 bitcoin, equivalent to about $200,000.

Singapore Platform Vauld is Latest Victim of Crypto Crash
Singapore Platform Vauld is Latest Victim of Crypto Crash

Instability in the crypto sector has led to Singapore-based Vauld halting withdrawals and searching for new financial backing.

Micron, AMD Chip Demand Warning Sparks Stocks Crash
Micron, AMD Chip Demand Warning Sparks Stocks Crash

Chip stocks were hammered after Micron signalled falling demand and AMD flagged a slowdown in PC sales this year

TikTok Reassures US Lawmakers Over Data Safeguards
China Regulator Cracks Down on Online Investment Fraud
Crypto Hedge Fund Three Arrows Lashed by Singapore Regulator
Crypto Crash Victim Celsius Seeks Restructuring
China’s Big Tech Groups Pledge to Help Ban NFT Trading
China Regulator Issues Rules on Sending Personal Data Abroad
US FCC Member Calls on Apple, Google to Dump TikTok App

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