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Roblox Goes Public, Wall Street Decides It's Worth Six Bethesdas
11.3.2021
The Roblox Corporation, maker of the online game creation platform Roblox, went public yesterday, selling shares in the company on the New York Stock Exchange for the first time since it was founded back in 2004. It ended the day trading at just under $70, giving it a valuation of $45 billion,...
GameStop Puts WallStreetBets’ Favorite Rich Guy In Charge Of Figuring Out How To Save It
9.3.2021
Just a few weeks ago, it seemed like the GameStop stock frenzy was finally done and dusted. But late last month, it began to rally again and was buoyed this week by the news that former pet food website founder and hero of the WallStreetBets investment subreddit, Ryan “Papa” Cohen, will be put...
GameStop tale exposes regulatory paternalism and DeFi’s true value
5.3.2021
GameStop brings forward the prospect of a paradigm shift that challenges existing regulations: decentralization
Blockchain Losers Are Spending Millions On What Are Basically Useless Loot Boxes
4.3.2021
While gamers rail against loot boxes and governments around the world edge ever closer to regulating them, connoisseurs of blockchain bullshit are falling over themselves trying to buy digital highlights of basketball players from a platform called “NBA Top Shot”, in effect spending their money...
Mad Money’s Jim Cramer Has a Plan to Save Gamestop With Bitcoin
1.3.2021
Mad Money host Jim Cramer thinks he has a solution to save troubled video game retailer Gamestop with the help of bitcoin. He suggests that Gamestop should raise money to buy the cryptocurrency, then convert its 5,000 locations into bitcoin stores. He believes his idea will work. Jim Cramer...
3 Reasons Why WallStreetBets Army Is Back For New Gamestop Rally
28.2.2021
Larisa Yarovaya, Deputy Head of the Centre for Digital Finance, Lecturer in Finance, University of Southampton.
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GameStop shares have gone soaring again. The Texan computer games retail chain at the heart of the stock market drama at the end of January surged from USD 44 to a high of around...
Bots Reportedly Helped Fuel GameStonks Hype on Facebook, Twitter, and Other Platforms
28.2.2021
The s0-called GameStonks saga had some help from automated bots hyping up “meme” stocks on Facebook, Instagram, Twitter, and YouTube, according to an analysis by the cybersecurity firm PiiQ Media reviewed by Reuters.Read more
Jim Cramer thinks GameStop should convert their stores into crypto info centers
25.2.2021
The Mad Money host proposed that the company's brick and mortar shops could become "crypto-information palaces" in which gamers could buy and sell cryptocurrencies
GameStop 'Round 2' Begins: GME Jumps on Another Roller-Coaster
25.2.2021
The US-based videogame retailer GameStop (GME) saga that eventually spilled into the cryptoverse just was restarted. While things might've been relatively quiet on that front in the past few days, the company's stocks have jumped more than a 100% yet again before dropping sharply.
The price doubled...
GameStop Stock Explodes Again Following Board Member's McDonald's Ice Cream Cone Tweet
24.2.2021
After weeks in the pits following the initial meme stock frenzy, GameStop stock surged again today, doubling to $91 a share in just a few hours. Why? Who knows. All I can tell you is that it happened shortly after GameStop board member Ryan Cohen tweeted out a picture of a McDonald’s ice cream...
GameStop Exec Leaves With $2.8 Million Severance
24.2.2021
GameStop chief financial officer Jim Bell is set to resign from his position on March 26, the video game retailer announced today. He’ll do so $2.8 million richer thanks to a lucrative severance bonus.Read more
BitMEX’s Arthur Hayes returns with calls for a boycott of legacy finance
19.2.2021
Former BitMEX CEO Arthur Hayes has called on all legacy traders to “opt-out” of legacy trading platforms and embrace the “Crypto Capital Markets.”
Mister DeepFuckingValue Goes To Washington
18.2.2021
History was made today when Reddit user DeepFuckingValue, who goes by Roaring Kitty on YouTube, opened his Congressional testimony in a hearing about GameStop stock by specifying, for the literal record, that he is not actually a cat.Read more
Crypto Traders Might Find Familiar Playbook In GameStop Hearing Today
18.2.2021
The GameStop (GME) saga is set to take another twist as a trader prepares to tell the American House of Representatives that social media has allowed retail traders to leveling the playing field with their bitter Wall Street rivals, a strategy that is also coming good for thousands of crypto...
US Lawmakers Looking Into China’s Role in GameStop Pump: Report
18.2.2021
Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo
Why We Should Take Dogecoin Seriously
17.2.2021
Dogecoin's rise reflects the power of collective belief and a longing for a more ideal form of crypto
What Really Happened When Robinhood Suspended GameStop Trading
16.2.2021
The byzantine world of the public U.S. securities market killed the GameStop pump (sort of)
Reddit, Robinhood, Citadel CEOs to Testify at GameStop Hearing
15.2.2021
The U.S. House Committee on Financial Services hearing will investigate issues around the recent trading surge for shares of GameStop and other companies
Even The Justice Department Is Looking Into The GameStop Stock Fiasco
12.2.2021
While the dust starts to settle around GameStop’s meme stock phenomenon, investigations into the hedge funds, trading platforms, and the Reddit community that fueled it are just getting started. Many people have already lost a lot of money, but even more could be on the line if lawmakers...
Justin Sun Incites SEC With Tron Shilling After Suffering USD 8m GameStop Loss
12.2.2021
Justin Sun. Source: Twitter, @justinsuntron
Tron (TRX) founder Justin Sun has been up to his old tricks again, seemingly paying American celebrities such as Lindsay Lohan and Ne-Yo to shill TRX and related tokens on Twitter. His latest promotional activities come after the crypto entrepreneur...