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Shaurya Malwa
GameFi Guides

Ripple Futures Open Interest Tops $1B at CME, With $3.70 Eyed Next

by admin August 26, 2025



Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.

Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.

He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.



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August 26, 2025 0 comments
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Bitcoin
GameFi Guides

“Bitcoin Is Your Alternative”, Tim Draper Reaffirms $250,000 Price Target

by admin August 26, 2025


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

In a world where inflation has stifled the economy, Bitcoin is persistently being pushed as a reliable alternative asset to these waning macroeconomic conditions. Big firms and figures in the financial sector are starting to adopt the crypto leader, reinforcing its status as a mainstream asset and store of value.

Tim Draper’s Drops Bombshell On Bitcoin

American venture capital investor and renowned crypto advocate Tim Draper has once again made waves in the financial world, as he doubles down on his bold outlook for Bitcoin. During a recent interview on CBNC, the investor made a startling claim about BTC, calling it “your alternative” to the traditional financial system and failing economy.

This bold statement comes even as BTC faces heightened bearish pressure and robust pullback from its all-time high of $124,000 achieved in early August. Draper’s bullish comment on BTC underscores its resilience, positioning it as a defense against collapsing fiat currencies, inflation, and centralized control. 

In the interview, Draper reaffirmed his forecast of Bitcoin hitting the $250,000 mark despite being halfway to the price target since his initial prediction. His repeated prediction of a $250,000 target reflects his unwavering conviction in BTC, driven by the fact that the crypto king is transforming it from a speculative asset into a global financial asset.

While reiterating his bullish forecast, the investor stated that BTC is a hedge against bad governance, government spending, and inflation. Furthermore, he claimed that Bitcoin is acting as an alternative for individuals and businesses that allows them to tackle the major shift occurring in government policies over time.

Draper also outlined BTC’s notable growing recognition and acceptance across the world, even in countries that lacked the environment for new technologies to thrive. According to the investor, BTC initially gained robust recognition and confidence from these countries before going mainstream over the years.

He has declared Bitcoin as the solution to government spending, which represents the percentage of GDP. Over the last 100 years, government spending has constantly seen a significant increase, but Draper believes that BTC is the key hedge against this rapid spending. In the meantime, Draper has placed Bitcoin as a reliable store of value in a failing economy above Gold, likening the asset to Shells.

Institutional BTC Buying Is Still Alive

Despite a sharp pullback from new highs, institutional investors are exhibiting newfound confidence in Bitcoin, as they go on a buying spree. Metaplanet, a popular Japanese-based firm, has made another BTC purchase, underscoring the company’s strong conviction in the asset’s long-term prospects.

According to the president of Metaplanet, Simon Gerovich, the company purchased 103 BTC at $113,491 per coin, valued at $11.7 million. Following this new purchase, the firm’s holdings now boast about 18,991 BTC, worth a staggering $1.95 billion, reaching a Year-To-Date (YTD) yield of 479.5%.

BTC trading at $110,428 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

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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August 26, 2025 0 comments
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GameFi Guides

Ethereum, ETH Treasuries at ‘Good Entry Point’ After Market Pullback: Standard Chartered

by admin August 26, 2025



In brief

  • Standard Chartered’s Geoffrey Kendrick sees Ethereum’s pullback from its all-time high as a “great entry point” with $7,500 target by end of 2025.
  • Treasury companies and ETFs have purchased 4.9% of circulating ETH since June, with buying pressure driving the recent surge to $4,953 all-time high.
  • Ethereum ETFs attracted $444 million inflows Monday vs $219M for Bitcoin ETFs, as Ethereum outperforms BTC 32.6% vs 17.3% year-to-date.

Ethereum’s pullback from all-time highs creates a “great entry point” for investors, according to Standard Chartered.

The bank’s head of digital assets, Geoffrey Kendrick, believes Ethereum will reach $7,500 by the end of 2025 as institutional interest grows.

In a research note seen by Decrypt, he explained that Ethereum treasury companies and exchange-traded funds have purchased 4.9% of the ETH in circulation since June.

Kendrick argues that this buying pressure has played an instrumental role in helping the world’s second-largest cryptocurrency surge to $4,953 on Sunday—eclipsing the previous all-time high set in November 2021.

“Although these inflows have been significant, the point is that they are just getting started,” he added.

Last month, Kenrick had predicted that treasury companies will soon own 10% of all ETH in circulation—and now, he says that target is well on track to be met.

“ETH and the ETH treasury companies are cheap at today’s levels,” he wrote.

At the time of writing, CoinMarketCap data shows Ethereum is now trading at a 10.9% discount to the record highs set just two days ago.

Kendrick previously argued that it makes more sense for treasury companies to hold ETH rather than BTC as a reserve asset.

“ETH corporate treasuries can capture both staking rewards and decentralized finance (DeFi) leverage opportunities, which U.S. Ethereum ETFs currently cannot. As such, we think ETH treasury companies have even more growth potential than BTC ones,” he wrote in a note on July 29.

That hasn’t deterred investors from gaining exposure to ETH ETFs. SoSoValue data shows inflows stood at $443.9 million on Monday—more than double the $219 million that flowed into BTC-focused alternatives. And while BTC ETFs suffered outflows throughout the whole of last week, ETH funds managed to attract more than $628 million of capital across Thursday and Friday.

ETH has rallied by 32.6% in the year to date, considerably ahead of Bitcoin on 17.3%.

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August 26, 2025 0 comments
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WORLD3's WAI token secures major CEX listings after highly successful TGE
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WORLD3’s WAI token secures major CEX listings after highly successful TGE

by admin August 26, 2025



WORLD3, a newly launched project offering Web3-native AI agents, is gaining serious traction after a successful TGE on Binance Alpha. The project has secured multiple CEX listings, and its token WAI appears to be gearing up for another surge.

Summary

  • WORLD3 offers 24/7 Web3-native AI agents that analyze real-time on-chain data and suggest personalized Web3 strategies, from play-to-earn games to yield opportunities.
  • WORLD3’s native token launched its TGE on Binance Alpha on August 12 and has since secured listings on multiple major centralized exchanges.

WORLD3’s native token WAI is gaining traction following its highly successful TGE on Binance Alpha and listings on multiple major exchanges, including Kucoin, Gate, MEXC, and Bitget.

WORLD3’s WAI token went live for trading on August 12, reaching an intraday high of $0.057—an increase of 185% from its opening price of $0.02. Unlike most launches that peak on the first day and then fade, WAI’s upward momentum continued post-launch, reaching a new high of $0.071 on August 19, representing a 255% gain from the launch price.

At press time, WAI is trading at $0.04580, up 7% over the past 24 hours, as bearish momentum from the earlier pullback subsides and the MACD shows signs of turning bullish. The RSI is at 52 and climbing, suggesting the token may be gearing up for another surge.

Source: TradingView

WORLD3: Automating your Web3 adventure with AI Agents

WORLD3 (WAI) offers a suite of Web3-native agents that operate 24/7 in a dedicated VM, helping users navigate the complex Web3 ecosystem. Unlike traditional tools that simply scrape data, WORLD3 agents can understand the Web3 world, which allows them to analyze real-time on-chain data and generate personalized strategies for users.

For example, WORLD3’s Web3 advisor agent can recommend profitable P2E games and provide step-by-step tutorials. Their agents can also identify optimal yield opportunities for digital assets, helping users to make the most of their crypto holdings. Additional use cases are showcased in the demo video.



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August 26, 2025 0 comments
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Gemini Overtakes Coinbase On App Store Amid Ipo Chatter
GameFi Guides

Gemini Overtakes Coinbase on App Store Amid IPO Chatter

by admin August 26, 2025



American cryptocurrency exchange Gemini has surpassed Coinbase on Apple’s App Store’s financial application charts in the U.S. The development comes hours after it launched an XRP edition of the Gemini Credit Card and ongoing chatter around the exchange’s upcoming initial public offering (ICO). 

The Gemini credit card has been launched in partnership with Mastercard and Ripple Labs. Gemini released a statement on X on the launch of the card. “This limited edition metal card gives up to 4% back in XRP instantly. No waiting, just stacking,” the announcement read. 

Meet the Gemini Credit Card, XRP edition.

Designed for enthusiasts, this limited edition metal card gives up to 4% back in XRP instantly. No waiting, just stacking.

Available now 👀 pic.twitter.com/KU1bX7NvDS

— Gemini (@Gemini) August 25, 2025

This move pushed Gemini to surpass Coinbase in the US finance category rankings, placing 11th while Coinbase ranked 20th, according to Sensor Tower. 

Coinbase Continues Leading in Trading Volume

Interestingly, Coinbase has more than thrice the daily trading volume of Gemini. According to CoinMarketCap, Coinbase ranks third among crypto exchanges by trading volume, recording $4.54 billion in the past 24 hours, while Gemini sits at 24th with $382.49 million. Gemini also filed for the initial public offering (IPO) on August 16 on Nasdaq under the ticker symbol GEMI. 

Also Read: Hyperliquid Tops Robinhood in Monthly Volume for Third Month





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August 26, 2025 0 comments
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Ripple CTO Proves He's Biggest XRP Fan
GameFi Guides

Ripple CTO Proves He’s Biggest XRP Fan

by admin August 26, 2025


David Schwartz has long been known as the brains behind Ripple and XRP Ledger, but this week he decided to wear his loyalty a little more literally. Stopping by a café branded “XRPRESSO,” the Ripple CTO showed up with an XRP belt, an XRP t-shirt, a Gemini-issued XRP rewards card in hand and even a branded mug to match.

The scene looked more like a fan convention than a coffee run, and judging by the reactions online, the community loved every second of it.

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That display of enthusiasm comes as Gemini’s latest product tied to XRP is gaining traction in its own right. The Gemini credit card, which pays out XRP rewards, has climbed into the top 20 apps in the U.S. App Store, surpassing Coinbase in the rankings. 

Gemini currently sits in 16th place, as opposed to Coinbase at 20th, a detail that has not gone unnoticed at a time when exchange competition in the U.S. remains fierce and new user growth is hard to come by.

Major XRP Ledger update by Schwartz on way

The lighthearted café stop also followed a more serious note from Schwartz last week, when he revealed that XRPL’s next upgrade is already being tested in conditions close to production. He hinted that, if the results continue as they have, the new hub could move straight into the live system in the coming days.

While no firm launch date has been announced, the suggestion that the upgrade might roll out without the usual delays has lifted expectations across the XRP community.

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Schwartz manages to balance technical leadership with a sense of showmanship, switching from café selfies to detailed system updates in the same breath. It is that dual presence — half engineer, half ambassador — that keeps him firmly at the center of XRP’s culture as well as its codebase.



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August 26, 2025 0 comments
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BTC Loses 100-Day Average as XRP, Ether and Solana Hold Ground
GameFi Guides

BTC Loses 100-Day Average as XRP, Ether and Solana Hold Ground

by admin August 26, 2025



This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.

Bitcoin’s (BTC) technical outlook has deteriorated over the past 24 hours, with prices dropping below a key moving average for the first time since April. This breakdown has left BTC at a disadvantage compared to major tokens such as Ether (ETH), XRP, and Solana SOL$188.41.

BTC loses 100-day SMA

BTC has dropped over 1% in the past 24 hours, hitting a low of $109,172 at one point.

In the process, the cryptocurrency has convincingly dipped below the 100-day simple moving average (SMA), a widely tracked momentum indicator and support/resistance line, for the first time since April 22.

Further, prices have crossed below the Ichimoku cloud, indicating a bearish shift in momentum.

The dual breakdown has bolstered the bearish technical outlook suggested by the recent violation of the upward-sloping trendline from the April lows and the consecutive negative prints on the longer-duration MACD histogram. Taken together, the recent pattern looks similar to the February breakdown that set the stage for a deeper sell-off to $75K.

BTC’s daily chart. (TradingView/CoinDesk)

The next key level to watch out for is $105,390, which is the 38.2% Fibonacci retracement of the April-July rally, followed by the 200-day SMA at $100,928.

The bulls need to overcome the lower high of $117,416 created on Aug. 22 to negate the bearish technical setup.

  • Resistance: $111,592, $117,416, $120,000
  • Support: $105,390, $100,928, $100,000.

XRP, ETH and SOL hold ground

While bitcoin has suffered the dual breakdown, XRP continues to trade above its 100-day SMA. However, prices are “stuck in the Ichimoku cloud,” whichmeans the token is trading within a zone of uncertainty and consolidation where neither bulls nor bears are willing to lead the price action. It suggests indecision and lack of a strong trend.

Meanwhile, ether and SOL continue to trade above their respective 100-day SMAs and Ichimoku clouds. Therefore, a potential risk-on could see both ETH and SOL outperform BTC and XRP.

ETH, SOL, XRP daily charts. (TradingView/CoinDesk)

Read more: Massive $14.6B Bitcoin and Ether Options Expiry Shows Bias for Bitcoin Protection



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August 26, 2025 0 comments
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GameFi Guides

Shiba Inu Fragile Despite Billions in Accumulation: Maxi Doge Is Better

by admin August 26, 2025


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

It’s been a tough ride for Dogecoin ($DOGE) and the majority of doge-themed meme coins like Shiba Inu ($SHIB). The entire dog-themed meme sector slid over the past 24 hours.

A combination of macroeconomic factors and technical breakdowns has been the primary driver of the current downturn.

However, there’s a glimmer of hope for some of the best meme coins in the market, with numbers showing continued interest in $SHIB in particular.

Despite the poor showing of dog coins at the moment, Maxi Doge ($MAXI) continues to live and breathe its ‘max gainz’ spirit. Its ongoing presale has already raised over $1.5M and shows no signs of slowing down.

Doge Coins Slide, But Strong Interest Remains

Dog-themed coins are down by 8.7% over the last 24 hours, with $DOGE sliding down by 6% and $SHIB by 4% during that period.

Source: CoinGecko

Continued uncertainty in the US interest rates has contributed to the current downturn.

While US Fed Chair Jerome Powell hinted at adjusting rates in September, he also acknowledged the risks presented by rising unemployment and inflation. As such, Powell said that he will let data dictate the Fed’s decision.

In addition, both $DOGE and $SHIB dipped below their respective key support levels, causing a decline in two of the largest dog-themed coins in the market.

There’s a silver lining, though, particularly with $SHIB. Open interest remains strong, with $SHIB perpetual contracts amounting to $19M+.

Source: Coinalyze

Plus, $SHIB’s trading volume is up nearly 11% in the last 24 hours, indicating that traders are buying up coins at the current price point.

Maxi Doge ($MAXI): Well-Positioned for Max Gains in the Current Downturn

While most of the dog-themed coins are blinking red at the moment, the Maxi Doge ($MAXI) presale has been particularly strong.

Maxi’s ‘max gainz’ ethos and its humorous branding have attracted a lot of attention since the ICO launched less than a month ago. It has already raised $1.5M+, and it looks like it’s well on its way to becoming one of the best presales of 2025.

As a meme coin, it positions itself as the more pumped and risk-loving cousin to the much-adored Dogecoin ($DOGE).

$MAXI isn’t for the weak of heart, but is better-suited for degens who go all in for maximum gains across the board: maxed squats, max leverage, max pump on the charts and in the power rack.

Maxi Doge’s mascot: the pumped-up Doge living off caffeine, creatine, and 1000x leverage.

There’s a method behind the madness to this project. With a 40% token allocation for marketing, it’s well-positioned to gain a lot of attention among degens, while its 15% for development gives it a solid foundation to keep Maxi Doge pumping beyond the presale.

We also have proof that this coin is legit. $MAXI has passed Coinsult and Solidproof audits, both showing that the team has safeguards in place: no taxes, blacklisting, hidden mint function, or honeypots.

Interested in the roadmap and technicals? Our ‘What is Maxi Doge?’ guide covers everything you need to know.

In short, if you’re after a token with potential, $MAXI could be the coin to HODL right now. Based on our Maxi Doge price prediction, $MAXI’s value could reach as much as $0.0024 in 2025 EOY, translating to a potential 844% ROI from the current price.

You can readily buy $MAXI for $0.000254 before the next price increase (due in 24 hours). This ERC-20 token is compatible with all Ethereum-supporting wallets and the ICO accepts several payment methods including stablecoins, $ETH, $BNB, and fiat.

And since $MAXI is all about max gains, you can also stake to multiply your new tokens if you want. The presale is offering dynamic staking rewards, currently at an attractive 196% APY.

Join the Maxi Doge presale here.

It’s a Dog-Eat-Dog World Out There — Maxi Doge Doesn’t Care

As some of the market’s biggest doge-themed coins are on a freefall, the good news is that there are strong outliers. Look no further than the Maxi Doge ($MAXI) presale.

It’s well-insulated against market movements right now, allowing it to continue pumping and raking in the funds. With over $1.5M raised over the last four weeks, it just might be your best bet if you want a doge coin that isn’t just all bark and no bite.

Disclaimer: Always do your own research. This isn’t investment advice.

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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August 26, 2025 0 comments
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GameFi Guides

French Chipmaker Sequans Plans $200 Million Share Sale to Build Bitcoin Treasury

by admin August 26, 2025



In brief

  • The Paris-based chipmaker aims to raise up to $200 million through ADS issuance.
  • Funds will be directed toward expanding Bitcoin holdings under long-term plan.
  • The company already holds more than 3,000 BTC, with a 100,000 target by 2030.

Sequans Communications (NYSE: SQNS), a Paris-based semiconductor firm listed on the New York Stock Exchange, has filed to raise up to $200 million through an at-the-market equity program, with proceeds directed primarily toward Bitcoin purchases under its long-term treasury strategy.

The new program supports the first phase of Sequan’s efforts at establishing its treasury foundation. Sequans intends “to use it judiciously to optimize treasury,” CEO Dr. Georges Karam said in a statement on Tuesday.

Its latest SEC filing enables the company to issue American Depositary Shares at its discretion. ADSs are certificates that allow U.S. investors to trade shares of foreign companies on American exchanges.



In July, Sequans also raised $189 million through secured convertible debentures and warrants, bringing total recent financing to roughly $376 million.

So far, Sequans already holds more than 3,000 Bitcoin, worth about $331 million at current prices, making it one of the largest corporate holders of Bitcoin in Europe, behind only Germany’s Bitcoin Group SE. It has also set an ambitious target of 100,000 by 2030.

‘Scalable if tailored’

Raising equity to buy Bitcoin “certainly dilutes existing shareholders, and it ties the company’s valuation more directly to Bitcoin’s volatility,” Dan Dadybayo, research and strategy lead at Unstoppable Wallet, told Decrypt.

But these prospects largely depend on execution, he argues.

“Equity-funded BTC purchases act less like speculative punts and more like leveraged exposure: shareholders accept dilution in exchange for long-term alignment with Bitcoin’s growth,” he said.

Still, “smaller firms can innovate using structured financing, options strategies, or BTC-backed deals to accumulate effectively. The model is not copy-paste, but scalable if tailored,” Dadybayo said.

Dadybayo adds the risk isn’t with short-term price swings, but on “whether the company can maintain operational discipline and avoid overextension during downturns.”

While Sequans can “accumulate BTC at scale relative to its size,” he notes that it lacks “the financial cushion to absorb prolonged drawdowns without shareholder pain.”

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August 26, 2025 0 comments
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Crypto liquidations surpass $900m following Fed Chair's Jackson Hole speech
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Crypto liquidations surpass $900m following Fed Chair’s Jackson Hole speech

by admin August 26, 2025



Crypto liquidations have hit $940 million as Bitcoin slips briefly below $109,000. This mass liquidation comes only a few days after the market saw gains following the Fed Chair’s Jackson Hole speech.

Summary

  • Crypto liquidations cross over $940 million after BTC briefly dips below $110,000.
  • The overall crypto market lost $200 billion despite seeing major gains from the Fed Chair’s speech about possibly cutting interest rates.

According to data from CoinGlass, the majority of crypto liquidations were long positions; which made up $826.51 million of the total $941 million of liquidations.

As Bitcoin (BTC) briefly dipped below the $110,000 threshold, Bitcoin positions made up the second largest portion of liquidations on the board. Based on the 24-hour heatmap, Bitcoin liquidations have hit $277.21 million or nearly 30% of the total crypto liquidations.

This wave of liquidations comes only a few days after a late-week dovish signal from Fed Chair Jerome Powell, which triggered gains of $594 million for the crypto market. However, the hype was apparently short-lived as BTC has fallen off its $110,000.

Crypto liquidations in the past 24 hours dominated by long positions | Source: CoinGlass

On August 22, at the Jackson Hole, Federal Reserve Chair Jerome Powell hinted at possible interest rate cuts ahead as he stated that there was currently a high level of uncertainty that is making it difficult for policymakers.

This move sparked major gains in the crypto market as Bitcoin climbed to a weekly high of $116,960 as it nearly touched the $117,000 level. However, the victory ended too soon as BTC avalanched down to the $109,000 range.

Price chart for Bitcoin in the past few hours following the gradual fall | Source: TradingView

What could high crypto liquidations mean for the market?

Crypto liquidations hitting $941 million could indicate extreme volatility and over-leveraging by traders within the wider crypto market. Considering liquidations are triggered by price swings that close long and short positions, such a large-scale wipeout points to an imbalance between bullish and bearish sentiment, with cascading liquidations accelerating the downward move.

This is evident through the overall crypto market cap losing $200 billion or around 2.2% of its market cap. On August 26, the crypto market cap fell from its $4 trillion high and stands at $3.8 trillion. Meanwhile, Bitcoin has yet to recover from its fall from grace; it hangs precariously at the edge of $110,000 as it currently trades at $110,250.

Ethereum (ETH) is faring slightly better despite a 4.9% dip as it stays within the $4,400 range with a value of $4,429.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.



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August 26, 2025 0 comments
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