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financial technology

Slerf Shows the Crypto Crowd’s Standards Are Lower Than Ever

by Ron Morgan
Slerf Shows the Crypto Crowd’s Standards Are Lower Than Ever

While multi-billion dollar disasters like FTX would lead a reasonable person to believe that the cryptocurrency industry is dead or dying, the unfortunate truth is that it’s doing just fine. …

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China’s Alipay and WeChat Pay ease the way for foreign travellers to make payments in world’s largest cashless society

by Anas Siddiqui
China’s Alipay and WeChat Pay ease the way for foreign travellers to make payments in world’s largest cashless society

Alipay’s annual cumulative transaction limit for foreign visitors has also been increased to US$50,000, up from the previous US$10,000 limit, in line with a new People’s Bank of China policy, …

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Crypto’s 2023 Water Use Could Cool 249 Billion Volkswagen Beetles

by Horatio Thompson
Crypto’s 2023 Water Use Could Cool 249 Billion Volkswagen Beetles

Cryptocurrency is a weird, bad bubble that’s largely already popped, but some folks just refuse to give up and cash out. Instead, they’re hawking cryptocurrency perfumes to appeal to women, …

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Bitcoin Wears a Patagonia Vest Now, but Is It Still Crypto?

by Ron Morgan
Bitcoin Wears a Patagonia Vest Now, but Is It Still Crypto?

Cryptocurrency cleaned up its act this week as spot Bitcoin ETFs made their Wall Street debut in January. The digital tokens are looking almost unrecognizable from what the industry represented …

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Jack Ma-backed fishery-and-agriculture company 1.8 Meters starts sale of seafood products via Alibaba’s Freshippo and Tmall

by Anas Siddiqui
Jack Ma-backed fishery-and-agriculture company 1.8 Meters starts sale of seafood products via Alibaba’s Freshippo and Tmall

Dozens of orders had been placed for those two seafood products on Tmall as of Tuesday noon, which could be viewed by some as a lukewarm performance on the platform. …

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Chinese fintech giant Ant Group, Huawei to build HarmonyOS-based Alipay app amid growing adoption of home-grown operating system

by Anas Siddiqui
Chinese fintech giant Ant Group, Huawei to build HarmonyOS-based Alipay app amid growing adoption of home-grown operating system

The collaboration between Ant, the fintech affiliate of South China Morning Post owner Alibaba Group Holding, and Shenzhen-based Huawei is expected to benefit consumers who use Alipay and the Chinese …

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