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Ethereum Treasury ETHZilla’s Holdings Surpass 102,000 ETH
NFT Gaming

Ethereum Treasury ETHZilla’s Holdings Surpass 102,000 ETH

by admin August 26, 2025


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

Ethereum treasury firm ETHZilla today announced a share buyback program of up to $250 million of its outstanding common stock. The company also revealed that it now holds more than 102,000 ETH on its balance sheet.

ETHZilla Increases Ethereum Holdings

According to today’s announcement, ETHZilla currently holds a total of 102,237 ETH at an average acquisition price of $3,948. Executive Chairman McAndrew Rudisill commented:

At ETHZilla, we continue to deploy capital to accelerate our Ethereum treasury strategy with discipline and record speed, As we continue to scale our ETH reserves and pursue differentiated yield opportunities, we believe an aggressive stock repurchase program at the current stock price underscores our commitment to maximizing value for shareholders.

ETHZilla’s Ethereum holdings are now valued at more than $489 million. This latest acquisition positions the company as the fourth-largest publicly traded firm with an Ethereum treasury.

Data from CoinGecko shows that digital assets mining firm Bitmine Immersion currently holds the largest in the world with more than 1.7 million ETH on its balance sheet. It is followed by SharpLink with more than 740,000 ETH in its crypto reserves.

Source: CoinGecko.com

Notably, ETHZilla still maintains close to $215 million in cash equivalents. Following today’s announcement, its shares rose 6% to trade above $3.50. Year-to-date, the stock is up over 92%.

Source: Yahoo! Finance

ETH Adoption Outshing Bitcoin Adoption?

While adding BTC as a part of the corporate treasury strategy has been a practice for a few years, seeing companies take the same approach with ETH has been the theme of 2025.

Compared to previous years, a wide range of companies began adding ETH to their treasuries this year. For instance, Nasdaq-listed SharpLink Gaming unveiled another major ETH purchase last week, bringing its total ETH holdings to over $3 billion.

Similarly, another publicly traded firm – BTCS Inc. said it had bought more than 14,500 ETH last week. Currently, BTCS Inc. is placed sixth in the list of publicly traded Ethereum firms, holding more than 70,000 ETH.

Another Nasdaq-listed software firm, GameSquare invested $5 million in ETH as part of its investment strategy. The firm aims to invest as much as $100 million in ETH and other digital assets.

The spillover effects of a strong corporate demand for ETH can also be seen in the performance of ETH-based crypto investment products. In July 2025, ETH-based investment products attracted total inflows worth $907 million.

Meanwhile, crypto pundits continue to give ambitious ETH price targets, with some as high as $10,000 ETH. At press time, ETH trades at $4,635, down 3.9% over the past 24 hours.

Ethereum trades at $4,635 on the daily chart | Source: ETHUSDT on TradingView.com

Featured image from Unsplash.com, charts from Yahoo! Finance, 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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AI industry pledges $100m to Super PACs, copying crypto’s political playbook

by admin August 26, 2025



Tech billionaires, including Andreessen Horowitz, Greg and Anna Brockman, already pledged $100 million to change AI regulation in the U.S.

Summary

  • The AI industry is putting $100 million into influencing U.S. policy on AI
  • Andreessen Horowitz, Greg, and Anna Brockman are among the backers
  • The move comes after the crypto industry’s success in the November 2024 elections

The AI industry is copying the crypto playbook, hoping to shape U.S. regulation in the coming years. On Monday, August 25, a group of major AI firms and tech billionaires launched the Leading the Future platform, set to influence regulations around AI technology.

With funding that already reached $100 million, the organization will lead federal and state Super PACs, funding candidates with a pro-AI agenda and opposing others. These Super PACs will target races in both primary and general elections.

The organization will also focus on drafting policy proposals, lobbying, and rating lawmakers on their voting track record. What is more, they will also engage in public relations, aimed at changing the public’s perception of the AI industry.

Supporters of the platform include Andreessen Horowitz, Greg and Anna Brockman, AI firm Perplexity, Ron Conway from SV Angel, and Joe Lonsdale from 8VC.

AI industry copies crypto’s playbook

Leading the Future’s playbook largely reflects that of crypto groups, such as Fairshake, which was the largest Super PAC in the 2024 elections. Notably, Andreessen Horowitz was one of Fairshake’s major backers, while others included industry giants such as Coinbase, Ripple Labs.

Fairshake used more than $200 million in funding to support pro-crypto political candidates while opposing those that don’t align with the industry. By the group’s own standards, the results were a resounding success. After the November 2024 elections, over 250 pro-crypto candidates joined Congress. Most of the new pro-crypto candidates were Republicans, and the Super PAC managed to oust some long-time incumbents.



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August 26, 2025 0 comments
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How Will the Israel-Iran Conflict End? Here's What AI Models Predict
NFT Gaming

Perplexity Comet Flaw Exposed User Data to Attackers, Brave Reports

by admin August 25, 2025



In brief

  • In a demo, Comet’s AI assistant followed embedded prompts and posted private emails and codes.
  • Brave says the vulnerability remained exploitable weeks after Perplexity claimed to have fixed it.
  • Experts warn that prompt injection attacks expose deep security gaps in AI agent systems.

Brave Software has uncovered a security flaw in Perplexity AI’s Comet browser that showed how attackers could trick its AI assistant into leaking private user data.

In a proof-of-concept demo published August 20, Brave researchers identified hidden instructions inside a Reddit comment. When Comet’s AI assistant was asked to summarize the page, it didn’t just summarize—it followed the hidden commands.

Perplexity disputed the severity of the finding. A spokesperson told Decrypt the issue “was patched before anyone noticed” and said no user data was compromised. “We have a pretty robust bounty program,” the spokesperson added. “We worked directly with Brave to identify and repair it.”



Brave, which is developing its own agentic browser, maintained that the flaw remained exploitable weeks after the patch and argued Comet’s design leaves it open to further attacks.

Brave said the vulnerability comes down to how agentic browsers like Comet process web content. “When users ask it to summarize a page, Comet feeds part of that page directly to its language model without distinguishing between the user’s instructions and untrusted content,” the report explained. “This allows attackers to embed hidden commands that the AI will execute as if they were from the user.”

Prompt injection: old idea, new target

This type of exploit is known as a prompt injection attack. Instead of tricking a person, it tricks an AI system by hiding instructions in plain text.

“It’s similar to traditional injection attacks—SQL injection, LDAP injection, command injection,” Matthew Mullins, lead hacker at Reveal Security, told Decrypt. “The concept isn’t new, but the method is different. You’re exploiting natural language instead of structured code.”

Security researchers have been warning for months that prompt injection could become a major headache as AI systems gain more autonomy. In May, Princeton researchers showed how crypto AI agents could be manipulated with “memory injection” attacks, where malicious information gets stored in an AI’s memory and later acted on as if it were real.

Even Simon Willison, the developer credited with coining the term prompt injection, said the problem goes far beyond Comet. “The Brave security team reported serious prompt injection vulnerabilities in it, but Brave themselves are developing a similar feature that looks doomed to have similar problems,” he posted on X.

Shivan Sahib, Brave’s vice president of privacy and security, said its upcoming browser would include “a set of mitigations that help reduce the risk of indirect prompt injections.”

“We’re planning on isolating agentic browsing into its own storage area and browsing session, so that a user doesn’t accidentally end up granting access to their banking and other sensitive data to the agent,” he told Decrypt. “We’ll be sharing more details soon.”

The bigger risk

The Comet demo highlights a broader problem: AI agents are being deployed with powerful permissions but weak security controls. Because large language models can misinterpret instructions—or follow them too literally—they’re especially vulnerable to hidden prompts.

“These models can hallucinate,” Mullins warned. “They can go completely off the rails, like asking, ‘What’s your favorite flavor of Twizzler?’ and getting instructions for making a homemade firearm.”

With AI agents being given direct access to email, files, and live user sessions, the stakes are high. “Everyone wants to slap AI into everything,” Mullins said. “But no one’s testing what permissions the model has, or what happens when it leaks.”

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August 25, 2025 0 comments
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NFT Gaming

ETHZilla Authorizes $250M Buyback, Expands Ether (ETH) Treasury to $489M

by admin August 25, 2025



ETHZilla (ETHZ) has authorized a $250 million stock repurchase program as the company doubles down on its ether-focused treasury strategy, the firm said in a press release Monday.

The Florida-based firm said its board approved the buyback effective immediately, with the program set to run until June 30, 2026, or until the full $250 million allocation is exhausted.

Alongside the move, The Nasdaq-listed company disclosed that it now holds 102,237 ETH, acquired at an average price of $3,948.72.

At current market valuations, the stash is worth approximately $489 million. The company also reported holding roughly $215 million in U.S. dollar cash equivalents.

“As we continue to scale our ETH reserves and pursue differentiated yield opportunities, we believe an aggressive stock repurchase program at the current stock price underscores our commitment to maximizing value for shareholders,” said McAndrew Rudisill, executive chairman of ETHZilla, in the release.

ETHZilla also introduced its proprietary Electric Asset Protocol, which it says will be used to generate higher yields on its crypto holdings.

As of August 24, 2025, the company reported 102,237 ETH valued at about $489 million, $215 million in cash equivalents, and 165,478,655 shares outstanding, as of August 22.

The buyback adds another layer to ETHZilla’s strategy of aggressively building ether reserves while leveraging new yield protocols to bolster returns.

ETHZilla shares tumbled nearly 30% on Friday after the company disclosed that shareholders filed to offer up to 74.8 million convertible shares. The stock was was trading 4.5% lower, around $3.15, at publication time.

Read more: ETHZilla Shares Plunge Almost 30% as Dilution Fears Overshadow $349M Ether Treasury



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August 25, 2025 0 comments
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Billionaire Tim Draper on $250K Bitcoin Prediction: 'I Haven't Been Right Yet'
NFT Gaming

Billionaire Tim Draper on $250K Bitcoin Prediction: ‘I Haven’t Been Right Yet’

by admin August 25, 2025


  • Uber-bullish price target 
  • Bitcoin and Microsoft 

Prominent Silicon Valley investor Tim Draper has addressed his failed $250,000 Bitcoin price predictions during his Monday interview on CNBC. 

“So, I’ve been predicting $250,000 for Bitcoin for a long time. It turns out I haven’t been right yet,” Draper said, bursting out in laughter. 

Nevertheless, Draper claims that the fact that Bitcoin is already halfway there is “very exciting.”  

He insists that Bitcoin is a “hedge” against bad governance, arguing that now is actually “a really good time” for the bellwether token.

Uber-bullish price target 

Draper, who made his massive fortune with early bets on such names as Skype and Hotmail, was also among the first prominent investors to embrace Bitcoin. In 2014, he bought tens of thousands of Bitcoins that were auctioned off by the US Marshals Service after being confiscated from darkweb marketplace Silk Road. 

In 2014, Draper predicted that Bitcoin would hit $10,000 within three years with extreme accuracy. 

However, his next bullish target was a huge miss. Draper first stated that Bitcoin would be able to reach $250,000 within four years back in April 2018. He would then repeatedly reiterate that prediction throughout the years.   

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By the end of 2022, Bitcoin was trading at just $16,000 amid the FTX-induced market crash. Draper was forced to reset the clock on his ambitious price target several times. 

Most recently, he predicted that Bitcoin would finally be able to reach $250,000 this year, which seems to be rather unlikely considering that the crypto king is currently changing hands at $111,000. 

Bitcoin and Microsoft 

As reported by U.Today, Bitcoin recently started losing ground to altcoins, including Ethereum (ETH). 

Draper claims that competition is good for Bitcoin, adding that its market dominance is actually higher compared to previous cycles. 

He has reiterated that Bitcoin is comparable to tech behemoth Microsoft in the sense that various novel applications are being ported to the leading network. 

Draper has stated that there is a “gravitational” pull toward the largest cryptocurrency. 



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August 25, 2025 0 comments
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XRP
NFT Gaming

Expert Reveals What Updated XRP ETF Filings Mean In Battle For Approval

by admin August 25, 2025


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

Bloomberg analyst James Seyffart has commented on the XRP ETF amendment filings and what they could mean in terms of a potential approval. These amendments followed the SEC’s delay of its decision on these funds till October, which is the final deadline. 

What The XRP ETF Amendment Filings Mean For Approval

In an X post, the Bloomberg analyst stated that the XRP ETF amendments have likely happened due to feedback from the SEC. He claimed that this was a good sign, although it was mostly expected. The Commission is known to provide input on these funds during the review period, similar to what happened with the Bitcoin and Ethereum ETFs. 

Seyffart’s comment came as issuers such as Grayscale, Canary Capital, Franklin Templeton, 21Shares, Bitwise, and WisdomTree all filed amended S-1s for their respective XRP ETF funds. Market expert Nate Geraci also commented on the filings, noting that it was highly notable for the issuers to file the amendments all at the same time. He further opined that it was a “very good sign.”

It is worth noting that these amendments came just after the SEC delayed its decision on these XRP ETFs. The Commission had a deadline this month to either approve or deny the applications, but chose to extend the review process to the final deadline, which comes up in October for these funds. 

According to Bloomberg analysts James Seyffart and Eric Balchunas, there is a 95% chance that the SEC approves these funds this year. Polymarket data shows that there is an 81% chance of approval this year. Optimism is also high, seeing as the SEC and Ripple have ended their long-running legal battle. 

XRP ETF Filings Would Have Never Happened Without Judge Torres’ Ruling

In an X post, pro-XRP lawyer John Deaton said that the XRP ETF filings would likely have never happened if not for Judge Analisa Torres’ ruling that XRP itself is not a security. This came as he reminisced on how the SEC argued years back that XRP was illegal and that, because it represented the efforts of Ripple, all tokens were deemed to be unregistered securities.

Deaton noted that fast forward to today, XRP ETFs are now on their way to approval, with a final deadline coming up for Grayscale’s filing on October 18, when this potential approval could happen. Based on how things went with the Bitcoin ETFs, the legal expert remarked that the best scenario for these XRP ETFs would mean trading begins within one to five days after approval. 

Meanwhile, if the XRP ETFs follow the Ethereum ETFs approval path, it would mean that they don’t begin trading until after about two months. The SEC had initially approved the 19b-4s for the Ethereum ETFs, but didn’t approve the S-1 filings until later on, as it still wanted additional disclosures back then. 

At the time of writing, the XRP price is trading at around $3, down almost 2% in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $2.94 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Getty Images, 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 25, 2025 0 comments
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Global stock exchanges call on regulators to crack down on tokenised stocks
NFT Gaming

Global stock exchanges call on regulators to crack down on tokenised stocks

by admin August 25, 2025



Tokenized equities mimic stocks without any of the rights or safeguards of real stocks, the World Federation of Exchanges claims.

Summary

  • World Federation of Exchanges warned major global regulators about tokenized stocks
  • Tokenized equities, WFE claims, offer lower protections than actual stocks
  • Expanding asset tokenization could confuse investors into buying riskier asset

Global stock exchanges are urging top regulators to crack down on tokenized stocks. The World Federation of Exchanges sent a letter to major regulators warning them about the new risks these tokens create for investors, according to Reuters.

WFE sent a letter to three major regulators on Friday, claiming that these blockchain tokens mimic securities without providing the same protections and rights. The agency is concerned that if these tokens fail, exchanges could suffer reputational damage, and it called on regulators to address the issue.

“We are alarmed at the plethora of brokers and crypto-trading platforms offering or intending to offer so-called tokenised U.S. stocks,” the WFE letter wrote. “These products are marketed as stock tokens or the equivalent to stocks when they are not.”

The Securities and Exchange Commission’s Crypto Task Force, the European Securities and Markets Authority, and the global securities watchdog IOSCO’s Fintech Task Force were the agencies that received the letter.

Robinhood, Kraken push into tokenized securities

Tokenized shares represent ownership of underlying shares, but lack some of the inherent shareholder rights. This includes voting rights, dividends, and custody protections. In many cases, traders cannot redeem their shares and can only sell them back on the issuing platform.

Robinhood, Coinbase, Kraken, Gemini, nd eToro are among the companies that offer similar products. However, these platforms try to make it clear that tokenized stocks are not equivalent to the underlying assets. Typically, these assets have a different ticker from the stock, for instance, COINx for tokenized Coinbase stock on Kraken. Moreover, Kraken explains that owning this instrument does not confer shareholder rights.



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August 25, 2025 0 comments
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NFT Gaming

Ethereum Treasury ETHZilla Reveals $250 Million Buyback After Stock Craters

by admin August 25, 2025



In brief

  • Ethereum treasury company ETHZilla has announced a $250 million stock buyback program.
  • The firm’s stock is down by more than 50% over the last week, evaporating most of its recent gains.
  • Ethereum recently hit a new all-time high price, breaking a record that stood since 2021.

ETHZilla Corporation—a publicly traded Ethereum treasury firm formerly known as 180 Life Sciences—announced Monday that its board has authorized a stock repurchase program of up to $250 million of the company’s outstanding shares, effective immediately.

The move comes following a substantial dive for the firm’s stock price last week. ETHZilla, which trades on the Nasdaq under ETHZ, is down more than 53% on the week to a current price of $3.18, with the drop coming after a surge that tripled the stock’s value after billionaire VC Peter Thiel bought a stake in the company.

Last week’s price decline came as the company filed with the SEC on Friday to offer 74.8 million convertible shares, as part of an agreement reached on August 8. The filing fueled dilution concerns, as the total amount of outstanding shares is set to grow from 164.4 million to over 239.2 million.



ETHZ stock is down nearly 3.8% on the day following the stock buyback announcement. ETHZilla has given up most of its recent gains following last week’s price plunge, with the stock showing a less than 5% rise over the last month.

The Palm Beach, Florida-based company also disclosed it now holds 102,237 ETH at an average acquisition price of $3,948.72, valued at approximately $474 million as of this writing. The firm also has about $215 million in cash equivalents. The Ethereum tally includes 7,600 ETH acquired over the last week.

“At ETHZilla, we continue to deploy capital to accelerate our Ethereum treasury strategy with discipline and record speed,” said ETHZilla Executive Chairman McAndrew Rudisill, in a release. “As we continue to scale our ETH reserves and pursue differentiated yield opportunities, we believe an aggressive stock repurchase program at the current stock price underscores our commitment to maximizing value for shareholders.”

ETHZilla plans to stake its most recently purchased Ethereum tokens to Electric Capital’s proprietary Electric Asset Protocol to generate yield, the company said.

The stock repurchase program is scheduled to expire by June 30, 2026, or when $250 million in shares has been repurchased. The program will be funded through working capital and potential future fundraising efforts.

The price of Ethereum hit an all-time high Friday for the first time in nearly four years, and continued to rise higher on Sunday, peaking at a new record of $4,946 according to data from CoinGecko. It’s down more than 4% over the last 24 hours, however, falling to a current price of $4,604 as the broader crypto market sags.

Despite the dip, Myriad users believe that ETH will continue to rise to new peaks and cross the $5,000 milestone by the end of 2025, with 86% of users predicting such a move. (Disclaimer: Myriad Markets is a product of Decrypt’s parent company, DASTAN.)

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August 25, 2025 0 comments
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NFT Gaming

Aptos’ APT Falls 4% as Crypto Markets Retreat

by admin August 25, 2025



Aptos’ APT fell 4% over the 24-hour trading period, fluctuating within a 10% range, according to CoinDesk Research’s technical analysis model.

The token made a session high of $4.80 and a low of $4.38, initially advancing to $4.80 before declining sharply to $4.43 by morning hours, then consolidating around $4.45 with modest recovery indicators in the final trading hour, the model showed.

Significant volume-backed support materialized around the $4.38-$4.41 price zone, where institutional buying emerged, with the final hour demonstrating recovery momentum toward $4.45, suggesting potential market stabilization following the 9% decline from peak to trough, according to the model.

The drop in APT came as the wider crypto market also fell, with the broader market gauge, the Coindesk 20, down 3.2%.

In recent trading, Aptos was 3.7% lower over 24 hours, trading around $4.43.

On the news front, the EXPO2025 digital wallet, powered by Aptos, had half a million new accounts and 4.4 million transactions, according to a recent post on X. Meanwhile, DeFi lending protocol Aave recently launched on Aptos. This marked Aave’s first-ever deployment on a non-EVM (Ethereum Virtual Machine) compatible blockchain.

Technical Analysis:

  • Exceptional trading volume of 6.6 million during 19:00 hour supported initial rally, followed by sustained volume support around $4.38-$4.41 price zone.
  • Clear ascending channel formation with successive higher lows at $4.39, $4.42, and $4.45 levels during the recovery phase.
  • Three distinct volume-driven rallies during the final hour breakout above $4.41 resistance level.
  • Strong institutional buying interest emerged at $4.38-$4.41 zone, establishing key support following 9% decline from peak.
  • The next psychological resistance level was identified at $4.50 following a successful breakout above $4.41.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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August 25, 2025 0 comments
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XRP Price Prediction for August 25
NFT Gaming

XRP Price Prediction for August 25

by admin August 25, 2025


Most of the coins are in the red zone on the first day of the week, according to CoinStats.

Top coins by CoinStats

XRP/USD

The rate of XRP has declined by almost 2% since yesterday.

Image by TradingView

On the hourly chart, the price of XRP is near the local support level of $2.9209. If its breakout occurs, the accumulated energy might be enough for a test of the $2.80-$2.85 zone.

Image by TradingView

On the longer time frame, the rate of the altcoin is far from the key levels. In this regard, traders should pay attention to the interim area of $3. 

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If the daily bar closes below it, one can witness a further decline to the support of $2.7387.

Image by TradingView

From the midterm point of view, the price of XRP is closer to the support than to the resistance. If bears’ pressure continues and the bar closes near the bottom level, there is a chance to see a test of the $2.50-$2.70 range.

XRP is trading at $2.9481 at press time.



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August 25, 2025 0 comments
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