China’s Crypto Card Service Bows Out: What Now?

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Ah, dear reader! Gather ’round as we unveil the latest twist in the grand tale of Infini, the once-mighty crypto card payment service of China, now taking a bow and exiting stage left! 🎭

In a shocking announcement that could make even the most stoic of bureaucrats chuckle, Infini has decided to shut down all card services, opting instead to focus on the ever-so-exciting world of financial management. Because who needs cards when you can manage finances, right? 🤷‍♂️

Mark your calendars, for June 17 shall be a day of mourning! On this fateful day, all card payment services will cease to function, leaving the Global Card, Lite Card, and Tech Card to gather dust in the annals of forgotten technology. Both offline and online, these cards will be as useful as a chocolate teapot! 🍫☕

In a heartfelt notice, the platform expressed, “We have decided to suspend our card services. Effective immediately, all card functions will be suspended for both usage and new applications. We sincerely apologize for any inconvenience this may cause.” Oh, how noble of them! 🙄

While the exact reason for this card suspension remains shrouded in mystery, whispers in the digital wind suggest a newfound passion for financial management. Perhaps they’ve discovered the joys of spreadsheets and balance sheets? 📊

Fear not, dear users! The core services shall continue to operate as usual, like a well-oiled machine. Top-ups, withdrawals, and yield functions will remain fully operational, even if the cards are now as useful as a screen door on a submarine. 🚪🌊

For those heartbroken cardholders, fret not! Refunds will be processed automatically, like magic! No need for manual action—just sit back and wait for your funds to return to your account balance within 10 business days. It’s like waiting for a bus that may or may not arrive! 🚌💸

“Any ongoing bills will be refunded directly to your Infini account. These refunds are expected to be completed within 5 to 21 business days,” the platform reassured. How comforting! 😌

Infini, the crypto-first neobank hailing from Hong Kong, has managed to capture the hearts of many in China, despite the nation’s long-standing ban on cryptocurrency. Thanks to VPNs and other clever tricks, users can still access Infini services, proving that where there’s a will, there’s a way! 🕵️‍♂️

With over 10,000 followers on X and a staggering $50 million in total value locked, Infini was riding high—until it wasn’t. Just last February, the platform faced a $50 million insider exploit, courtesy of an in-house engineer with a penchant for embezzlement. Oh, the drama! 🎭

In a twist worthy of a soap opera, Infini’s founder, Christian Li, even offered the hacker 20% of the bounty and legal immunity if they returned the stolen funds. Because nothing says “trust” like negotiating with a thief! 💰

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2025-06-17 10:41