Razer Pay was launched first in Malaysia in July 2018 and then Singapore in March 2019.The high-cost battle to capture Southeast Asia's growing e-wallet market has claimed a major casualty, with Singaporean startup Razer announcing it will shut down a business that had over 1 million users.All Razer Card beta users will not be able to use the card and payment functionalities from 31 August 2021.Additionally, Razer Pay beta will end on 30 September 2021, after which, all wallet top-up, payment and transfer features will no longer be made available. The Razer Pay app will also be inaccessible from 1 October 2021.According to Lee Li Meng, Chief strategy officer of Razer Fintech, “The Razer Pay e-wallet app was conceived as a testbed for Razer Fintech to better understand the e-wallet and sche

$Coinbase Global, Inc.(COIN)$a cryptocurrency exchange serving retail investors, businesses, and institutions.On April 1, 2021, the company announced that it would begin offering publicly-traded shares, being listed on the Nasdaq under the name $COIN, following approval from the U.S. Securities and Exchange Commission.Although expectations were already high, the valuation of this new stock exceeded them, with The New York Times calling it a “landmark moment” for bitcoin and the entire cryptocurrency industry. The Nasdaq placed a pre-emptive reference price of $250 per share, but at market open, each one traded for $381.The price further spiked to $400 and crashed back to $250 on the day itself and fluctuate between $250 to $280. Since then, the stock

Usually on friday, options will expire and the market will be bearish.For investors that understand, they will hold.For traders that understand, they will sell before friday.Friday is one of the best days to buy and mondayis one of the best days to sell.I know everyone is holding for the big squeeze and the squeeze is not over. Do not fear!For meme stocks/ stock that are hyped is not bout the fundamentals. It is focused on the amount of shorts. The heavier the shorts, the bigger the opportunity and when retail investors hold, it makes the price rise as it force the next buyer to buy in at the price we desire as we decide not to sell at the price we deem low. Short squeeze is bad news for short sellers and good news for investors going long. The "squeeze" forces short sellers

SEC charges $Netflix(NFLX)$engineers with $3 million insder trading ring as group allegedly traded ahead of 13 separate earnings announcements.The SEC said that it caught the illegal trades using data analysis tools that can detect when traders have improbable levels of success trading the securities of company over a period of time.Long-running, multimillion dollar scheme to profit from valuable, misappropriated company information. The group allegedly relied on nonpublic information about the growth in Netflix's subscriber base to buy and sell Netflix securities between July 2016 and July 2019. Beware! Traders and Investors should trade and invest with caution!  Always remember, Profits will always be profits!To be safe, he

You never know for sure when a few days of big losses represent a mere dip (or to some, a buying opportunity) and what is the start of bigger decline. But there are at least four signs that appear when equities are approaching the abyss.Crashes hit with the scary impact of a Category 4 hurricane, ripping apart portfolios that people depend on to fund retirements and college educations. Often, they are precursors to a recession. In 1929, the Dow Jones Industrial Average lost half its value. Amid the early-2020 pandemic, the Dow fell by more than a third. Today, with the market at a heady level, prophets of market doom are everywhere. Here are 4 things to take note of. High market multiples ⚠️An overvalued market is tempting fate. The most common means of tracking stocks affordabil

Reddit announced on Wednesday that it banned the subreddit r/NoNewNormal, known for its anti-vax and anti-mask content, after 135 other subreddits protested the company's refusal to ban COVID-19 disinformation.An admin post on r/Security stated that r/NoNewNormal was banned for brigading— or intruding onto discussions on other subreddits about COVID-19 and related topics. The subreddit was connected to 80 "brigades." 54 other subreddits were also "quarantined," meaning users see a warning before entering the subreddit and the subreddit's content won't be featured on the Reddit homepage. Though r/NoNewNormal has been quarantined since early August and had recieved warnings from moderators, the subreddit's behavior didn't budge. Reddit's CEO had previously said that Reddi