#GameStop

GameStop is a retail company specializing in video games, consumer electronics, and gaming merchandise.

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ForkLog 6 11.02.2021

Justin Sun stays in GameStop stock as shares fall 80%.

Tron founder Justin Sun told Bloomberg in an interview that he is holding long positions in the 'hype' stocks GameStop (GME), despite their sharp decline in market value. He believes in the staying power of the so-called meme investing.

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ForkLog 8 04.02.2021

UMA and YAM Finance to launch a tokenised WallStreetBets portfolio

The UMA decentralized derivatives platform, in collaboration with YAM Finance, has put to a vote a proposal to launch the uSTONKS synthetic contract. It is a basket of ten stocks most discussed in the r/WallStreetBets community on Reddit.

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ForkLog 8 03.02.2021

Justin Sun loses $7.5 million on WallStreetBets bets

Justin Sun, founder of Tron, built a portfolio of assets promoted by r/WallStreetBets participants on Reddit, which lost about 70% of its value in two days.

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ForkLog 6 02.02.2021

Robinhood chief executive to testify before U.S. Congress

The U.S. House Financial Services Committee will examine the actions of the crypto-friendly Robinhood platform during the GameStop stock rally, Politico reports, citing sources familiar with the matter.

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ForkLog 15 02.02.2021

Media: Netflix to film about Reddit–Wall Street clash over GameStop stock

The streaming service Netflix plans to release a film about the confrontation between users of the r/WallStreetBets subreddit and Wall Street. Deadline reports this, citing informed sources.

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ForkLog 13 01.02.2021

Robinhood co-founder explains trading halt to Elon Musk

The cryptocurrency-friendly Robinhood platform paused trading of GameStop shares and several other assets to protect the service and its customers. This was stated by Robinhood co-founder Vlad Tenev, according to TechCrunch.

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ForkLog 17 01.02.2021

Winklevoss brothers to produce film about Reddit’s war with Wall Street

The American film company Metro-Goldwyn-Mayer (MGM) has acquired the rights to adapt an as-yet unwritten book about the battle between users of the r/WallStreetBets subreddit and hedge funds on Wall Street. Deadline reports, citing sources.

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ForkLog 13 29.01.2021

Robinhood at the centre of the GameStop, Dogecoin and Reddit-trader scandal

Robinhood, a platform friendly to cryptocurrencies, has found itself at the centre of a financial scandal that threatens to reshape Wall Street's market practices. The situation surrounding GameStop and AMC Entertainment shares, hedge funds, and the Reddit community on the platform has already drawn the attention of the U.S. Congress.

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