Ant Financial, a subsidiary of Jack Ma's e-commerce giant Alibaba, is using some of the $14 billion treasure chest it just raised to invest in blockchain. Ant Financial owns and operates China's largest online and mobile payments network Alipay....
The company's shares were little changed at the start of trading Tuesday. The new target still represents 21 percent upside to Monday's close. The analyst noted that the company gave lower operating profit margin guidance...
While he's bullish on digital payments through apps such as Alipay, Venmo, PayPal and Square, Roubini said blockchain and cryptocurrencies will not play a role in the future of finance. "I'm affirmative on that significant...
The world's second largest cryptocurrency spiked Thursday after a key Securities and Exchange Commission official made it clear that in the eyes of the agency, it's not a security. The digital currency ether rose 8.8 percent to a high...
The fund also holds shares of Square and chipmaker Advanced Micro Devices. It has an expense ratio of 0.88 percent. "I get asked all the time on how to invest in blockchain technology without dealing...
The head of a small company that has attracted controversy over its ties to cryptocurrency said that he is not going to sell his shares while he is fighting $1.4 billion in bets against the stock. "I'm not...
Ripple wants to target the Chinese market with its distributed ledger technology designed to speed up cross-border payments, an executive at the firm told CNBC. "China is definitely of interest, it is definitely a target,"...
Blockchain and cryptocurrency may one day be "as broadly adopted as the internet is today," Jeremy Allaire, CEO and co-founder of fintech company Circle, told CNBC. "It’s a really fertile space in terms of the fundamental, technical and infrastructure,"...
Ant Financial Services, the dominant Chinese fintech company, is shifting its main focus to technology services and away from payments and consumer finance as Beijing's crackdown on financial risk deepens, four sources with knowledge of the matter said.The...
A cryptocurrency founder's effort to dismiss a federal case against him by arguing that cryptocurrencies he created were not securities for the purpose of criminal law was shot down by a judge in Brooklyn, New York Tuesday. ...
0FansLike
388FollowersFollow
13,900SubscribersSubscribe
- Advertisement -

Recent Posts