May 23, 2024
Welcome to the latest edition of Star News! Follow for a weekly update of the latest in crypto and web3 news. ?
?? As shared by @Decrypt, Presidential hopeful Robert F Kennedy Jr is a huge fan of meme stocks, with the independent candidate posting on Twitter that he had purchased $24,000 worth of GameStop stocks. With GME making a comeback last week thanks to the return of Roaring Kitty, the Reddit user who started it all back in 2021, RFK commented on his desire for “a free and fair market,” doubling down on his support of the crypto sphere.
?? @Mat Di Salvo | @Decrypt
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?? Moving into the legal space now, the Chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has pushed back on a crypto bill just hours before a vote was scheduled. According to Gensler, The Financial Innovation and Technology for the 21st Century Act (FIT 21) allows investors in cryptocurrency to take on excessive risk without the required protections associated with the investment in digital commodities. @Nikhilesh De demystifies this for us.
?? @Nikhelesh De | @CoinDesk
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?? Unveiled by @VentureBeat, a recent study by @ZBD has deep-dived into Gen Z’s gaming behavior. As well as providing insight into genre preferences and monthly spend, the questions about Bitcoin return some interesting findings. Just over half (51%) shared an interest in receiving Bitcoin rewards from their favorite games, and 74% would be more receptive to ads in games if they were paid some Bitcoin for their time. These findings showcase how players are interested in earning rewards within games, provided they have genuine appeal.
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?? $988 million. That’s the amount of blockchain gaming investment seen in April 2024, according to the latest blockchain gaming report from @Dapp Radar and @Blockchain Game Alliance! @CoinTelegraph’s analysis of the report highlights the significance of April’s high figure in context to the first quarter of 2024 which saw (just…) a combined total of $288 million.?
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