TNS Talks Episode 4 - SEC Cracking Down on Meme Stocks?

March 4, 2022

Welcome to Fast Five by TNS Talks! We sort through the top crypto, NFT, metaverse, and blockchain news so you don't have to. Whether you're a crypto head or learning more about Blockchain Tech, TNS Talks is here for you.

Featured Article: 2021 saw the rise of the "meme stock" - "A meme stock refers to the shares of a company that have gained a cult-like following online and through social media platforms. These online communities can go on to build hype around a stock through narratives and conversations elaborated in discussion threads on websites like Reddit and posts to followers on platforms like Twitter and Facebook." (Investopedia) These "meme stocks" are primarily struggling companies (ie: GameStop, Blackberry, AMC). This has created never before seen stock market volatility. Inexperienced investors flooded the market and while some were able to strike gold, others lost thousands. The U.S. SEC has proposed a rule change that requires short sellers to increase their disclosures in efforts to protect middle class investors.

Links to all of the articles are down below:

📰 Article 1 - "Coinbase results show Bitcoin trading volumes fall as interest in altcoins surged at the end of 2021"

📰 Article 2 - "Foot Locker shares fall 29% as traditional retailers feel the pressure from big brands expanding DTC business"

📰 Article 3 - "Blockchain Takes First Historic Steps Toward Securing the Telecommunication Supply Chain"

📰 Article 4 - "'SEC proposes rules requiring short sellers to increase disclosures, as meme stock knock-on effects ripple through markets"

📰 Article 5 - "Wandering Hen Caught Sneaking Around Pentagon Security Area"

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Unlike most of our history, today, our world is connected in virtually every way. And although we've experienced a significant technological shift, legacy systems aren't doing enough to secure assets, verify ownership, and make it easier to exchange goods and services.

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