Though specific details on the timetable and amount of stock to be listed have yet to be determined, GameStop said it would use the proceeds to “accelerate its transformation” and improve its overall financial standing, among other things, the company said on Monday. The funds attracted through the potential sale …
Read More »WallStreetBets coin listed atop bitcoin as battle between GameStop investors & Wall Street rages on
The website listed a coin dubbed WallStreetBets (WSB) above the world’s top cryptocurrency, bitcoin, earlier this week. As of Sunday, WallStreetBets still outranked major cryptocurrencies, as it gained nearly 130 percent in the past 24 hours and over 1,160 percent in a week. The price of the WallStreetBets token is …
Read More »Elon Musk accuses Discord of ‘going corpo’ after it shut down WallStreetBets amid assault on GameStop short sellers
Discord claims the ban was due to hate speech and had nothing to do with the extraordinary impact the retail investors who use the channel – and its counterpart on Reddit – were having on professional short sellers, who profit from falling share prices. However, Musk was among the many …
Read More »‘We’re suffering from success’: WallStreetBets say Discord ‘did’ them ‘dirty’ with ban over HATE SPEECH amid moderation backlog
The subreddit ‘WallStreetBets’ came out swinging at Discord after the platform took an affiliated channel down for alleged policy violations. In a statement to the Verge, Discord insisted that it has been monitoring the ‘WallStreetBets’ channel for “over the past few months,” claiming its admin allowed “hateful and discriminatory” content …
Read More »Discord SHUTS DOWN ‘WallStreetBets’ group as members drive runaway surge in GameStop stock, but platform says ban unrelated
Discord said on Wednesday that the group was removed due to repeat violations of its rules against “hate speech, glorifying violence and spreading misinformation.” It maintained the move was unrelated to the ongoing GameStop debacle, in which members of the page and a related Reddit group have helped to send …
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