Infini Shuts Down Crypto Cards: A Bold Move Toward Financial Management

Crypto Payment Giant Pulls the Plug

Hang onto your hats, crypto fans! Infini, China's go-to crypto card payment service, just dropped a bombshell—they're shutting down all card services to focus on financial management. Yeah, you heard that right!

Immediate Card Suspension

In a shocking Telegram notice, Infini announced that starting June 17, their card payment services—Global Card, Lite Card, and Tech Card—are history. Poof! Gone! No more swiping at the store or tapping in the app.

Apologies and Future Plans

"We're pulling the plug on our card services, effective immediately. No more card functions, no new apps. Sorry for the hassle, folks," the platform declared in their notice. While they kept tight-lipped about why, word on the street is they're all in on financial management from now on.

Core Services Unaffected

But don't panic just yet! Infini promised that their core services are still in the game. Top-ups, withdrawals, and yield functions? They're all still up and running, no sweat.

Refunds on the Way

Got frozen cards? No worries—Infini's got your back. Users can apply for refunds to reclaim their cash. And get this—the platform's auto-processing those refunds, no action needed on your end. Expect your dough back within 10 business days, straight into your account balance.

Pending Bills? No Problem!

Any ongoing bills? Infini's got you covered. They'll refund those directly to your account, and you should see that cash within 5 to 21 business days. Easy peasy!

Infini: More Than Just Cards

Based in Hong Kong but rocking a massive user base in China, Infini is a crypto-first neobank that's been dodging China's crypto ban like a pro. Mainland users are still tapping in via VPNs and other sneaky routes. Infini's not just about cards—they're all about stablecoin yields and crypto-backed debit cards for that real-world spending and daily earnings vibe.

Impressive Growth and a Major Setback

Infini's been on fire, racking up over 10,000 followers on X and locking in more than $50 million across their global fanbase. But it hasn't all been smooth sailing—remember that $50 million insider exploit in late February? Yeah, an in-house engineer allegedly swiped funds for personal gain. Ouch! In March, founder Christian Li threw the hacker a 20% bounty and legal immunity if they'd just return the loot. Talk about drama!