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Reddit, Robinhood, Citadel CEOs to Testify at GameStop Hearing

CEOs of Reddit, Robinhood, Citadel, and Melvin Capital, as well as Keith Gill (a.k.a. “Roaring Kitty” and “DeepF*ckingValue”) are scheduled to testify at a GameStop hearing before the U.S. House of Financial Services Committee this week to determine whether they contributed to market manipulation. CoinDesk Regulatory Reporter Nikhilesh De discusses the priorities of the hearings and action Congress may take.

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Reddit Raises $250M, Valuation Doubles To $6B

Reddit raised $250 million during its latest fundraising round, doubling the social media platform's valuation to $6 billion. The major fundraising round occurred after WallStreetBets, one of Reddit’s many communities, made headlines for causing upheaval on Wall Street in recent weeks. The Hash panel discusses Reddit’s recent forays into crypto.

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Reddit's Super Bowl Ad and China Bans Clubhouse

What does Reddit's new five second Super Bowl ad celebrating WallStreetBets have to do with China banning audio chat app Clubhouse? The Hash team connects the dots and discusses the future of decentralization of social media.

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