Lazerpay Goes Dark: Nigerian Crypto Startup Fails to Secure Funding
Nigerian crypto and Web3 startup Lazerpay has announced that it will be shutting down its operations after failing to raise funds in a funding round. The startup, which launched in 2021, offered a platform for merchants and users to accept and make payments in cryptocurrencies and other Web3 assets. Lazerpay was one of the first […]
Groups urge Meta to ban minors from the Metaverse
Advocacy and safety organizations have sent a letter to Mark Zuckerberg’s imploring him to abandon plans by social media giant Meta to allow minors into the metaverse. Experts in online safety sent a letter to the CEO of Meta on April 14, urging the company to abandon its plans to invite teens and young adults […]
Binance Intentionally Breaks US Laws – CFTC Chair
According to a Bloomberg report, Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam reprimanded Binance for intentionally violating regulatory rules and failing to keep Americans off the crypto exchange. During an engagement at Princeton University, CFTC Chairman Rostin Behnam argues that Binance’s executives are “not simpletons.” They have established large corporations that offer futures contracts […]
HashKey Group launches wealth management service
Hong Kong-based HashKey Group has launched a new wealth management service platform to target institutional and professional investors. HashKey announced its entry into the wealth management industry on April 14. The company cited “significant demand from investors to access virtual assets” as the reason for its entry. Deng Chao, the chief executive officer of the […]