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Elden Ring Nightreign gets balance adjustments in day one patch
Game Reviews

Elden Ring Nightreign gets balance adjustments in day one patch

by admin May 30, 2025


Elden Ring Nightreign has received a day one patch ahead of its release tomorrow.

Ready across all platforms, the update “aims to improve gameplay and stability” according to the (very minimal) patch notes.

The changes are as follows:

  • Improved handling of playable characters
  • Soundtrack addition and adjustments
  • Text adjustments
  • Balance adjustments
  • Added character scenarios
  • Bug fixes

No further details are provided in the notes, so I hopped into the game to check out the changes.

Elden Ring Nightreign Review – An Authentic Souls ExperienceWatch on YouTube

Testing a single player expedition, it would appear the balance adjustments have made it slightly easier. While enemies are still aggressive, their health seems lower and my character stats appeared to be higher.

Of course, it could be my skill level has increased over the review period. But even a half-arsed run got me two thirds through the first Nightlord boss, which wouldn’t have happened previously, so make of that what you will.

Still, I wouldn’t take this as a sign that solo play is a viable option to complete the game. It’s still very much intended to be a multiplayer experience.

One obvious improvement, though, is the “improved handling of playable characters”, which relates to the game’s parkour movement. It’s now much cleaner jumping up the side of cliffs.

The remaining changes will need to be tested over a longer period of time.

Elden Ring Nightreign is FromSoftware’s multiplayer spin-off to its 30m selling game. It’s out tomorrow across PS4, PS5, Xbox One, Xbox Series X/S, and PC (Steam). Note that crossplay between platforms is not included.

“FromSoftware’s multiplayer spin-off is an exhilarating rush and a celebration of the studio’s prior achievements Souls veterans will devour,” I wrote in our Elden Ring Nightreign review.



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NFT Gaming

Coinbase to Open New San Francisco Office After Dropping HQ Model

by admin May 30, 2025



Crypto exchange Coinbase has signed a lease for office space in San Francisco’s Mission Rock development, marking the crypto exchange’s return to the city after abandoning its headquarters model roughly three years ago.

The move is based on a deal Coinbase secured for a 150,000 square foot spot at 1090 Dr. Maya Angelou Lane, and represents more than half of Building B at the waterfront development built by Tishman Speyer and the San Francisco Giants.

San Francisco “is the place to build and grow,” Mayor Daniel Lurie wrote Thursday afternoon on X, welcoming Coinbase.

The space will serve as Coinbase’s largest single office, according to a report by The San Francisco Standard, cited by Mayor Lurie.



Responding to Mayor Lurie, Coinbase CEO Brian Armstrong said that there was “still lots of work to do to improve the city,” saying that it was “badly run for many years,” later adding that Mayor Lurie’s work “has not gone unnoticed.”

Two weeks earlier, Coinbase was listed in the S&P 500, cementing its stature among publicly listed companies in the U.S.

Tax concerns, lease obligations

Coinbase’s return to the city comes after it paid $25 million for the “early termination of an office lease,” its 2023 shareholder letter shows, following its transition to operating without a traditional headquarters in February 2021.

Coinbase announced on May 5, 2021, that it would close its San Francisco office—its former headquarters—in 2022 as part of its transition to a remote-first model. The company emphasized that this move was intended to ensure no single location would be considered its headquarters, aligning with its decentralized workforce strategy.

While the exact closure date in 2022 was not publicly specified, the office at 430 California Street was fully decommissioned that year.

In 2022, a similar move out of the city was made by Kraken, a rival U.S. exchange, with its former CEO Jesse Powell saying the city had “fallen quite far,” recounting how he has seen it “deteriorate” since he moved in 2013.

“We never left California. Lots of our employees live there. We go to where the talent is,” Armstrong said in response to concerns pointing out that San Francisco was a “tax-heavy state.”

Data compiled by the tax consulting and advisory firm Ryan indicates that businesses in San Francisco pay taxes based on their annual revenue, with two central taxes that become more expensive as companies grow their earnings.

Small businesses that earn less than $5 million annually are exempt from the main business tax, but larger companies can pay up to approximately 4% of their total revenue when both taxes are combined, according to changes in business tax for the city approved in November of last year.

Coinbase’s 10-K SEC filing for late 2024 describes the company as a “remote-first company” that does not “maintain a headquarters” for its roughly 3,800 employees.

The report indicates $132.3 million in global total operating lease obligations for corporate offices, with $9.9 million due in the next 12 months.

Edited by Sebastian Sinclair

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Russia Authorizes Limited Crypto Derivatives Trading for Qualified Investors
Crypto Trends

Russia Authorizes Limited Crypto Derivatives Trading for Qualified Investors

by admin May 30, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Russia’s central bank has taken a cautious step toward crypto market engagement by authorizing a restricted group of qualified investors to access cryptocurrency-linked financial products.

According to a statement released by the Bank of Russia on Wednesday, regulated financial institutions will now be permitted to offer derivative instruments and digital financial assets that are linked to the value of cryptocurrencies. However, these offerings are subject to stringent requirements and cannot be settled in actual crypto assets.

Regulatory Structure Prioritizes Risk Management

The Bank of Russia emphasized that these crypto derivatives must be non-deliverable, meaning no physical settlement in digital currency will occur, and that they are strictly limited to qualified investors.

These investors typically meet high thresholds of net worth or professional certification, ensuring that exposure to such volatile instruments is confined to those with appropriate risk tolerance and experience.

Financial institutions involved in these offerings must fully collateralize the instruments with capital and implement exposure limits at the individual level.

The central bank’s announcement underlines its continued conservative stance on cryptocurrency regulation. While the new directive opens a controlled channel for crypto-linked exposure, the regulator reiterated its warnings against direct crypto investment.

Notably, the Bank of Russia has long viewed the use of cryptocurrencies as risky due to price volatility, concerns over capital outflows, and potential use in illicit finance. This step does not represent a shift in that position but rather a tightly monitored testing ground for crypto-based financial instruments.

As part of the initiative, the Bank of Russia is expected to introduce formal regulatory frameworks over the coming year. These rules will likely include detailed risk management procedures, clearer guidelines for financial institutions, and mechanisms for investor protection.

This gradual, limited approach echoes broader regulatory trends seen globally, where policymakers are grappling with how to balance innovation and risk in the evolving digital currency space.

Testing Grounds and Future Policy Considerations

Alongside the derivatives approval, the Russian government is evaluating proposals for a limited pilot program that would allow specific investor categories to engage in actual digital currency transactions within a supervised framework.

While still under discussion, the program would create sandbox-like conditions for studying the behavior of digital asset markets under tight regulatory control. These proposals reflect Russia’s broader strategy of cautious experimentation rather than wholesale adoption.

The Bank of Russia’s latest move positions it within a growing list of national regulators exploring narrowly defined paths for institutional crypto engagement.

While retail access remains restricted, the announcement indicates a willingness to explore how derivative instruments could play a role in a more structured financial system. Additional details on the implementation timeline and investor eligibility criteria are expected as regulatory discussions progress into 2025.

The global digital currency market cap valuation. | Source: TradingView.com

Featured image created with DALL-E, Chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Use AI at Work? Your Coworkers May Be Judging You

by admin May 30, 2025


Bosses everywhere are saying generative AI is the future. The signals emanating from the C-suites of corporations big and small are clear: If artificial intelligence doesn’t take your job, it will at least change it significantly.

The catch: If you use AI at work, your coworkers and maybe even your managers may think you’re lazy. That is if you can get hired in the first place. This is the finding of a new study by researchers at Duke University published this month in the journal PNAS. Across four studies, the researchers examined whether people who used AI at work worried others would see them as lazy or incompetent and whether those fears were valid.

“We found there was this universal social evaluation penalty where people described as using AI are evaluated as being less competent, less diligent, lazier than people who are described as receiving help from all sorts of other searches,” Jessica Reif, a Ph.D. candidate at the Duke University Fuqua School of Business and lead author of the study, told me.

The study highlights the difference between the hype over AI at work and the reality on the ground. Although business leaders and AI companies can’t stop themselves from envisioning a utopian AI future in which autonomous agents do most of the work and humans focus on truly creative tasks, workers are skeptical. That skepticism — only 23% of American adults said they expect AI will improve how people do their jobs in a recent survey by Pew — affects how people view coworkers who use these tools.

People worry they are judged for using AI

The Duke University team first looked at whether employees would hesitate to admit they use an AI tool relative to a non-AI tool. The first of four studies found the 500 online participants were more likely to believe they would be judged by a manager or colleague as being lazy, replaceable or less competent if they said they use a generative AI tool versus a non-AI tool.

The second test confirmed it. The 1,215 participants read a paragraph about an employee and rated how lazy, competent, diligent, ambitious, independent, self-assured or dominant they perceived the person to be. The people being rated were described as either receiving help from generative AI (like a lawyer using a tool to summarize information) or non-AI sources (like a paralegal) or were in a control group with no statement about help. People who received AI help were seen as more lazy, less competent, less diligent, less independent and less self-assured than either the control group or those receiving non-AI help.

The case of a lawyer getting help from AI versus a paralegal is just one example. The researchers used 384 different scenarios, with different jobs and types of help. “What we found is that this was pretty consistent across all the occupations we queried,” Reif said.

In their third study, the researchers had 1,718 participants serve as “managers” to hire someone for a task. Some of the “candidates” were reported as using AI regularly, and some were people who never use AI. The managers were also asked about their own AI use. Managers who use AI regularly were more likely to see candidates who use AI as a good fit, while those who don’t usually preferred candidates who don’t.

The third study was unclear about whether AI would actually be helpful for the task, so in the final study, participants were asked to imagine they were hiring a gig worker for a task. They were then asked to evaluate workers who either used AI tools or non-AI tools and rate how they would perceive them for manual tasks or digital tasks. The results found that while people who used AI were seen as more lazy, that perception is reduced if the evaluator uses AI or if AI is clearly useful for the task.

But just because there isn’t a penalty doesn’t mean there’s an advantage, perception-wise, for AI users in that last study, according to Richard Larrick, one of the authors and a professor of management at Duke University. “The people themselves who are heavy AI users don’t actually kind of give any particular benefit or reward, in terms of their perceptions, to the AI user,” Larrick said. “So it isn’t like there’s some boost in perceptions when high AI users think about another AI user. It’s just that you wipe out for them the laziness perception.”

Your CEO may think AI is the future

Ever since large language models like ChatGPT burst onto the scene in 2022, management consultants and corporate executives have been touting generative AI as the next big thing in the workplace. Workplace apps from companies like Google and Microsoft seem more packed each day with new AI functions and prompts. As the technology has matured a bit and more useful applications have arisen, that perception has only gotten stronger for many companies.

Shopify and Duolingo, for instance, both recently announced they would prioritize AI-driven work and try to see if an AI can do a job before hiring a new employee or contractor. A commandment from a CEO to be AI-first is one thing. Actually changing the culture in your workplace and among the people you work around is entirely different.

“I think there are cases where, when the rubber meets the road implementing tools like generative AI, there are challenges,” Reif said. “What we’re showing is just one such challenge of many.” She speculated as more employers, especially tech-savvy ones, prioritize AI use and skills, the social costs will drop eventually. “I think it’s going to take a while for this penalty to really go away,” she said.

Larrick said that even if general perceptions around AI users change, the social penalty may only disappear for certain tasks. For some work, using generative AI will be more acceptable. For others, it won’t.

How to avoid judgment from coworkers

One way not to be judged at work is not to use AI on the job. And that may be what people are doing already, just based on the simple fact that people will judge you, as the researchers found in their first study.

“As long as my choice of adopting AI is based on my theory of what others will think, even as what other people think changes, if my theory doesn’t change fast enough, I still might be reluctant to use it and to reveal it,” Larrick said. Another way to deal with the perception of laziness is to point out whether AI is saving you time and whether the time you save is being used well, Reif said.

Perceived laziness isn’t the only problem with using generative AI at work. There are concerns about whether the work you ask it to do is accurate or competent. So be sure you’re checking your work and show that you are, in fact, using skills that can’t be easily replaced, said Jack Soll, one of the authors and a professor of management at Duke University.

“The more that employees can make their peers and their bosses understand that it takes skill and knowledge in order to use it appropriately, I think others can then appreciate their AI use,” he said.



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Elden Ring Nightrein weapons
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Where to find Smithing Stones in Elden Ring Nightreign

by admin May 30, 2025



Elden Ring Nightreign gives you the ability to upgrade weapons, but you’ll need to find and get Smithing Stones first to do so.

Elden Ring Nightreign challenges you to survive three days in a world filled with plenty of deadly encounters. Although choosing the best class that suits your playstyle and playing with friends can definitely help increase your chances to do so, at the end of the day, your skill and gear also matter.

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As the enemies you fight gradually get stronger, you’ll also want to upgrade your weapons to finish them off. This is where Smithing Stones come in handy, though they can be tricky to find if you’re unsure where to look.

So, here’s how to find them and how to use them to upgrade your weapons.

How to get Smithing Stones in Elden Ring Nightreign

fromsoftware / dexertoYou can pick up a Smithing Stone from an enemy’s loot.

The Smithing Stones in Nightrein come in different rarities, with the gray and blue ones being the more common ones you can find. You can obtain them by opening treasure chests or looting enemies that you’ve defeated.

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Additionally, you can also purchase them from merchants. Keep an eye out for places like churches, ruins, camps, and, most importantly, Townships. Usually, the ones that you can find on the latter sell more items. 

Just keep in mind that each stone costs 6,000 Runes if you want to purchase them rather than finding them from loot.

While they’re basic, these are sufficient for upgrading your starting weapon and can benefit you early in the game. 

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How to get Smithing Stones 2

fromsoftware / dexertoThe Smithing Stone 2 is always a worthy upgrade.

Getting Smithing Stone 2 is a lot tougher, as you’ll need to defeat mini-bosses that can be found in tunnel entrances marked on your map. The tradeoff is that they do give you better upgrades, increasing the base damage of your weapon and other stats.

As soon as you defeat any of the mini-boss, though, you’ll be given two options: a passive buff or Smithing Stone 2. Unless you’ve already gotten a decent weapon, the latter is always a solid option.

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Other than that, there’s also a chance that you can encounter a merchant who sells these.

How to upgrade your weapon

fromsoftware / dexertoA closer look at the anvil in-game.

Grabbing the Smithing Stones won’t immediately upgrade your weapon. Instead, you’ll have to use an anvil that can be found near a merchant. Interact with it, and you’ll have access to the ‘Strengthen Ornament’ tab to use the stones for your preferred weapon.

Here’s a quick summary of all the upgrade works:

  • Smithing Stone 1: upgrades your weapon from Common to Uncommon +1
  • Smithing Stone 2: upgrades your weapon from Uncommon +1 to Rare +2

If you’re looking for another way to upgrade your weapon, then you’ll want to keep track of The Shifting Earth events. There’s one event called The Crater that provides you the opportunity to upgrade your weapon to Legendary instantly.

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Now that you know where to find Smithing Stones, check out all the returning bosses, best PC settings, and the best build for Revenant.



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Hyper Liquid Trader Loses $99M As Bitcoin Falls Below $105K
GameFi Guides

Hyper Liquid Trader Loses $99M as Bitcoin Falls Below $105K

by admin May 30, 2025



Crypto trader James Wynn suffered a massive loss of more than $99 million in just a week, when a 949 BTC long position was liquidated. When the price of Bitcoin fell below $105,000, Wynn’s leveraged bet started to fail quickly.

Wynn had a position worth nearly $178 million using only $3.5 million of his perp equity. He was 100% invested in Bitcoin, showing that he believed in Bitcoin rising. Yet, the market took a different route.

The data reveals that Wynn’s unrealized P&L fell sharply and the red line on the graph shows that there were losses every day from May 23 to May 30. After everything, his account revealed a weekly loss of $99,197,131.51, an unrealized loss of $4.39M and a return on equity of -98.84%.

Over the past 24 hours, Wynn lost another $12.8M as Bitcoin continued to fall. He started with $107,983, but the market brought his price down to $105,995, almost reaching the liquidation point at $104,607.

The recent liquidation of this loan has become a hot topic on crypto Twitter, as many discuss the risks of taking on too much debt in the crypto market. Higher leverage allows traders to gain more, but it can also be very harsh when prices go in the opposite direction.

Wynn’s huge loss could end up being remembered as one of the biggest weekly losses in crypto—showing that risk is always there in the world of leverage.

Also Read: James Wynn’s $1B Bitcoin Short Backfires with $27M Loss



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Metroid Prime Remastered Is On Sale For 25% Off At Walmart
Game Updates

Metroid Prime Remastered Is On Sale For 25% Off At Walmart

by admin May 30, 2025


With Metroid Prime 4: Beyond releasing on Nintendo Switch 2 and Switch later this year, there’s no better time than the present to play one of the very best games from Nintendo’s back catalog: Metroid Prime. Specifically, Metroid Prime Remastered, the superb modernization of the revolutionary GameCube classic. Metroid Prime Remastered is available for just $30 (was $40) at Walmart.

Walmart has offered this deal several times since February, and while it has sold out of copies on multiple occasions because of it, the retailer keeps bringing the deal back. Prior to Walmart’s first deal, Metroid Prime Remastered had been one of the notable Switch games that almost never received discounts. It took close to two years for the price to budge from $40. And it has only happened at Walmart. Prime Remastered remains $40 at Best Buy, Target, and GameStop. And Amazon, since it no longer carries Nintendo’s first-party games, doesn’t even have it in stock.

$30 (was $40)

Though it has “Remastered” in its name, the Nintendo Switch version feels more like a (faithful) remake of the brilliant first-person adventure game. Metroid Prime series developer Retro Studios implemented smart modernizations that improve the moment-to-moment gameplay while also enhancing the game’s unforgettable atmosphere.

The alien ruins and wilderness of Tallon IV were rebuilt with new models and high-resolution textures that align with the original art direction while enhancing the unforgettable atmosphere. And the remastered audio makes the minimalistic, haunting score even more immersive.

Metroid Prime series developer Retro Studios implemented smart modernizations to the control scheme to give players multiple options, including a standardized dual-stick layout found in most first-person shooter games. The original control scheme as well as a gyro-based mode similar to Metroid Prime Trilogy’s motion controls.

For newcomers, there’s a casual difficulty level that makes the adventure more approachable, but series veterans can still play on normal and unlock a harder difficulty for a second playthrough. Longtime fans will also appreciate the unlockable concept art as well as character art and soundtrack galleries.

While we still don’t know exactly when Metroid Prime 4 will arrive, we do know that fans will soon be able to distract themselves by flipping through the pages of an official Metroid Prime book.

Metroid Prime 1-3: A Visual Retrospective will be published June 24. This hardcover book includes commentary from Retro Studios developers as well as a wealth of artwork created during the development of the three numbered games as well as Metroid Prime Remastered. The foreword is written by Metroid Prime producer Kensuke Tanabe.

The book was created by the experienced team at Piggyback, the strategy guide publisher behind the official guidebooks for The Legend of Zelda: Breath of the Wild and Tears of the Kingdom. Metroid Prime 1-3: A Visual Retrospective is a clothbound hardcover with a foil-etched silhouette of Samus on the cover. You can preorder the 208-page book for $46.49 at Amazon.

Amazon is also taking preorders for an official Metroid Prime 2026 wall calendar, which also includes a 2025 planner, so you can make use of it before the new year rolls around.

While 2025 is shaping up to be a banner year for Metroid Prime, the entire series has been enjoying some well-earned attention over the last few years. The latest game in the mainline side-scrolling series, Metroid Dread, launched on Switch in 2021 as the first all-new side-scrolling entry in the series since 2002’s Metroid Fusion for GBA. You can couple it with the Metroid Dread Amiibo 2-Pack, which includes figures of Samus Aran and the E.M.M.I. robot, for $18 (was $30).

And if you still have a Nintendo 3DS, we’d highly recommend the superb remake of Metroid II. You can get a new copy of Metroid: Samus Returns for $41 at Amazon.

For more Metroid figures, check out these Amazon listings for official World of Nintendo action figures: This Metroid Prime 3 Samus figure is available for less than $25, and you could pair it with a Metroid (the creature) figure for $22. Lastly on the merch front, if you want to show off your love of Metroid, Amazon has budget-friendly Metroid apparel themed around popular entries in the series, including the original NES adventure and the wildly influential Super Metroid.



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Product Reviews

Tinder is testing height preferences

by admin May 30, 2025


Tinder helped popularize a modern dating culture that puts looks first, and now the app is trying out a new way to capitalize on it. As part of a test, select Tinder Gold and Tinder Platinum subscribers will be able to set a preferred height range for matches they receive in the app, according to TechCrunch. The feature was first spotted by a Reddit user who noticed the option in the app’s “Discovery Settings.”

Deciding that you prefer matches who are 5’10” and up won’t necessarily weed out the short kings in your area, but it will influence the recommendations the app offers as you swipe. Tinder has long included ways to spell out your preferences in your profile, and plenty of people go further in their bio, signaling that they only swipe right on people with specific features or interests. Making height preference part of the official settings just formalizes things.

u/Extra_Barracudaaaa

Given how dating apps are already associated with superficiality, though, this feature seems intended to be a bit provocative. It could also reflect how Tinder is approaching its paid subscriptions going forward: not just as a way to increase the reach of your dating profile, but as the official method for exerting granular control over who you match with.

“This is part of a broader effort to help people connect more intentionally on Tinder. Our new product principles guide every decision, and this one speaks directly to a few: prioritizing user outcomes, moving fast, and learning quickly,” Tinder’s VP of Comms Phil Price Fry tells Engadget. “Not every test becomes a permanent feature, but every test helps us learn how we can deliver smarter, more relevant experiences and push the category forward.”

Whether being able to set a height preference becomes a real feature, it doesn’t stop people from lying in their dating profile. Though, as TechCrunch notes, Tinder has joked about implementing height verification in the past.



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Elden Ring Nightreign: How To Defeat Libra
Game Reviews

Elden Ring Nightreign: How To Defeat Libra

by admin May 30, 2025


In Elden Ring Nightreign, you’ll face off against many difficult bosses. During Day Three, you’ll fight the Nightlord, your final challenge. Hopefully, you’ve prepared over the first two days to take it on.

GameStop Doubles Down On Crypto With Massive Bitcoin Purchase As Stores Close

On one of the missions, your target is the Equilibrious Beast named Libra, Creature of Night. This goat-like creature can be an incredibly difficult boss, but there’s a solid strategy you can use to make sure it never uses one of its most powerful attacks..

Preparation

For this Nightlord, have at least one person play as the ranged character, Ironeye—this is essential to avoid Libra’s most powerful attack. Two Ironeye characters would be even better if you’re willing to roll with that. Ideally, the third character should use Wylder for its powerful attacks, especially its Ultimate.

Libra uses the Madness element, but it’s also weak to it. Unfortunately, weapons and equipment that inflict Madness are hard to come by during expeditions. However, if you do find them, make sure to take them for this battle.

Libra is also weak against fire and holy attacks, so if you see any camps or structures with those elemental icons on the map, make sure to travel to them, beat the boss, and potentially secure a corresponding elemental weapon.

Strategies for fighting Libra

Screenshot: FromSoftware / George Yang / Kotaku

Libra only has one phase for the entire fight, but there’s one attack in particular you should look out for that we’ll discuss at the end.

First, try to stay close to Libra so that it only attacks you with its staff. If you’re far away, it’ll try to target you with its Madness-inducing spells, including one that invokes a circle under you that triggers an explosion. These attacks aren’t too difficult to dodge; you’re good as long as you’re not in the middle of an attack animation. Another attack to be mindful of is one that sprays a large beam of Madness energy right. This one is very easy to dodge as long as you’re not directly in front of Libra. So keep your positioning in mind.

Screenshot: FromSoftware / George Yang / Kotaku

Crystals are scattered on the map whenever Libra uses magic. Run into these crystals to decrease your Madness meter while also building your Madness resistance.

Libra will also create yellow clouds that rain down Madness. Avoid standing below these clouds.

When Libra starts meditating and encases itself in a bubble, you’ve got problems. This is its most dangerous attack. After three sigils form around it and Libra completes the attack, it will gain a defense boost that you certainly don’t want to deal with.

Screenshot: FromSoftware / George Yang / Kotaku

You can shoot the three sigils down with ranged attacks from characters like Ironeye. This disrupts Libra’s meditation entirely. However, there’s an even more efficient method to disrupting the attack.

Instead of attacking the sigils, have someone on your team use their Ultimate Art on Libra itself while it’s meditating. That will immediately break the attack and cause the three sigils to disappear. Libra will become angry and attack frantically with its staff, but that’s preferable to it getting a defense boost.

Make sure that your other two teammates have their Ultimates on deck in case Libra tries to do this attack again. Rotate between your squad’s three Ultimates to stop the meditation attack, ensuring that Libra will never get that defense boost. Eventually, it’ll fall.

Elden Ring Nightreign is available now on PS5, Xbox Series X/S, and Windows PCs.



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NFT Gaming

Crypto Staking Doesn’t Violate Securities Law, SEC Says

by admin May 30, 2025



Crypto staking, under certain circumstances, does not appear to implicate U.S. securities law, a branch of the U.S. Securities and Exchange Commission said late Thursday.

The SEC’s Division of Corporation Finance published a staff statement — the latest in a series from the regulator — spelling out how the regulator may evaluate proof-of-stake networks, mainly noting that covered activities do not “involve the offer and sale of securities” — meaning the SEC won’t sue any person or company participating in those activities.

Node operators and validators, custodians, delegates, nominators and entities staking assets either on their own, staking directly with a third party or staking on behalf of an asset’s owners fall into this bucket, the staff statement said. In this, the SEC seems to suggest that staking will be treated identically to mining, the consensus mechanism securing networks like Bitcoin

, which the SEC clarified also did not implicate securities laws in a similar staff statement last month.

The SEC’s staff statement was “very clear for a subject that can be a little bit complicated,” said Lorien Gabel, the CEO of staking-focused crypto firm Figment. And its main upside appears to be saying that various activities U.S. companies might have shied away from in the past are okay now.

“They included some ancillary staking activities. For example, we provide insurance around slashing [and we also provide] modified unbonding periods,” he said. “And they said that actually doesn’t mean that you’re a manager of assets as a staking provider.”

The SEC statement said companies that want to provide those types of services, or even pooled staking, can do so, he said.

Thursday’s statement is an incremental but important update from the regulator, said Alison Mangiero, the head of staking policy at the Crypto Council for Innovation.

“This reaffirms that there’s going to be similar treatment for stakers that there is for miners. And I think it’s especially important because, given under [former SEC Chair Gary] Gensler, there were so many enforcement actions that were focused on staking as a service … we saw a lot of those cases dismissed, and the Coinbase case dismissed with prejudice,” she said. “We assumed that this would be the stance, but actually having a staff statement that asserts it, I think is crucially important.”

The fact it came just days before the SEC faces a deadline on a number of applications to bring staking into spot ether

exchange-traded funds (ETFs) is telling, she said.

It’s likely that the ETF providers would have received staking approvals regardless, but the SEC statement will likely start speeding up the process for securing those approvals, Gabel said.

As with the SEC’s previous staff statements, Thursday’s included a footnote clarifying that it is very narrowly tailored and certain restrictions would apply. It is not a replacement for rulemaking done through the actual commissioners and “has no legal force or effect,” the footnote said.

“This statement only addresses certain activities involving Covered Crypto Assets that do not have intrinsic economic properties or rights, such as generating a passive yield or conveying rights to future income, profits, or assets of a business enterprise,” another footnote said.



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  • 6 Best Digital Photo Frames (2025): Aura, Nixplay, Skylight
  • Crypto May Now Have Its Own ‘Inverse Cramer’ and Profits Are in Millions
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Recent Posts

  • 6 Best Digital Photo Frames (2025): Aura, Nixplay, Skylight

    June 1, 2025
  • Crypto May Now Have Its Own ‘Inverse Cramer’ and Profits Are in Millions

    June 1, 2025
  • May’s crypto hacks total $244m; Sui, Cetus claw back $157m

    June 1, 2025
  • How to merge, extract images and digitally sign PDFs

    June 1, 2025
  • 2025 WCWS – Inside UCLA softball’s dugout party

    June 1, 2025

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Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • 6 Best Digital Photo Frames (2025): Aura, Nixplay, Skylight

    June 1, 2025
  • Crypto May Now Have Its Own ‘Inverse Cramer’ and Profits Are in Millions

    June 1, 2025

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Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

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