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New Meme Coins on Presale for a Speed Boost
NFT Gaming

New Meme Coins on Presale for a Speed Boost

by admin June 12, 2025


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

In a significant move bridging the gap between digital collectibles and mainstream sports, the popular NFT brand Pudgy Penguins ($PENGU) has partnered with NASCAR.

The aim is to introduce the adorable crypto-native characters to a global audience of motorsport enthusiasts, with the announcement generating considerable excitement.

The partnership highlights a broader trend of crypto solidifying its position across both digital and real-world landscapes, bridging the gap in new and interesting ways.

While assets like $BTC are often touted as a modern alternative to gold, the ecosystem is evolving fast, with real-world applications and brand-building efforts now gaining serious traction.

This venture marks another major success for Pudgy Penguins, which has defied the general NFT market downturn by launching video games and successfully placing merchandise in over 2K US retailers, including Walmart and Target.

Source: CoinMarketCap

High-Speed Opportunities on the Meme Coin Circuit

The high-octane world of NASCAR parallels the fast-paced crypto market, where new projects are constantly emerging. If you’re looking to get in on the ground floor of the next potential breakout, several new meme coins are currently generating buzz with presale events.

With the success of established brands like Pudgy Penguins ($PENGU), attention will shift to upcoming new meme coin projects that blend viral meme culture with unique features.

Will this Pudgy NASCAR partnership help coins like Snorter Token ($SNORT) and Bitcoin Hyper ($HYPER) as investors search for the next project with an increased return on investment?

Let’s explore this below.

1. Snorter Token ($SNORT) – Nose to the Ground, Sniping for Pole Position: The $SNORT Advantage

Innovation comes in waves, and the savvy investors will already be looking for the next breakout project. While Pudgy Penguins masterfully takes to the NASCAR track, a new contender is revving its engine on the meme coin circuit: Snorter Token ($SNORT).

$SNORT answers the call for a blend of meme culture with genuine utility. It’s built around the Snorter Bot, a unique AI-driven tool designed to analyze market trends, sniff out opportunities, and provide a tangible edge to its community through its many features.

This moves beyond hype, delivering a project with the horsepower to potentially lead the pack. It learns from the brand-building success of pioneers by offering a clear, engaging value proposition from the starting line.

If you’re looking to get in the driver’s seat, you can buy $SNORT for $0.0949, and with staking rewards of 462%, you could see a hefty return. Ensure you don’t miss out: allow us to guide you through the buying process.

2. Pudgy Penguins ($PENGU) – Sliding Past the Competition: How a Smart Huddle Led to the Checkered Flag

Pudgy Penguins ($PENGU) is tyre screeching around the bend, taking a victory lap, whilst other cryptos are just approaching the starting line. The NASCAR partnership is a strategic long-term move, plus they’ve cleverly combined cute penguins and fast cars – a winning combination in our eyes.

$PENGU kept its head down during the bear market and continued to build its brand whilst other crypto projects faded into obscurity. It strategically placed the adorable characters into the world’s biggest retail stores and built an ecosystem that delivers value.

$PENGU is more than a moment; it embodies a movement that has masterfully bridged the digital and physical world. It bridges the gap between the digital collectibles and their massive fan base.

You can buy $PENGU from reputable exchanges, such as Mexc and Binance, for around $0.01099.

Holding $PENGU grants you access to exclusive events, rewards, and a voice in the project’s future. It allows the millions who enjoy the Pudgy Penguins’ viral content and physical toys to participate directly in the ecosystem.

3. Bitcoin Hyper ($HYPER) – From Bitcoin’s Starting Grid to Nitro-Charged Speeds

Bitcoin Hyper($HYPER) pulls into the pit lane, not one to miss out on showing itself as the next innovation. It answers the simple question: What if you could combine the legendary trust of the $BTC name with the hyper-speed performance needed for today’s digital economy?

$HYPER aims to do just that, being one of the first meme-oriented Layer 2 scaling solutions for the Bitcoin network engineered for blistering transaction speeds. It’s not about reinventing the wheel; it’s about making it spin faster than ever before, to solve $BTC’s historically slow transaction speeds and high fees.

If you’re tired of network congestion, $HYPER is designed to be the fast lane. Its staking rewards of up to 650% also aim to help your investments speed ahead of the competition.

Having already smashed the $1M barrier, $HYPER is quickly becoming one of the best crypto presales.

The Final Lap: Choosing Your Racer

The world of Crypto is full of excitement, featuring established coins like $PENGU setting the pace, while new challengers rev their engines.

High-octane projects, from the AI-driven approach of $SNORT to the ambitious Layer 2 solution proposed by $HYPER, represent the thrilling, high-stakes nature of the meme coin circuit.

However, picking a winner isn’t about passive observation. Before backing any project, you must do your own research, looking under the hood in great detail and understanding the roadmap to navigate any twists and turns.

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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June 12, 2025 0 comments
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Blackwell silicon
Product Reviews

GeForce RTX 5050 listed with 2,560 CUDA cores and 2,250 MHz boost clock

by admin June 11, 2025



The German IT company Kiebel (via momomo_us) has inadvertently disclosed the specifications of the unreleased GeForce RTX 5050. The entry-level Blackwell graphics card is anticipated to launch shortly, ushering in a new generation of budget-conscious gaming laptops.

Kiebel has listed the GeForce RTX 5050 as part of the vendor’s Helix 13 laptops. Consequently, the specifications correspond to the mobile variant of the GeForce RTX 5050 and should not be confused with the desktop variant, although both variants may share some similarities.

According to Kiebel, the GeForce RTX 5050 will reportedly feature the GB207 silicon, which may represent Nvidia’s smallest Blackwell silicon. The precise die size remains unknown at this time; however, it is a given that GB207 will be produced using TSMC’s 4N FinFET process node, like all previous Blackwell silicon.


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The German vendor appears confident that the GeForce RTX 5050’s silicon will be delivered featuring 20 Streaming Multiprocessors (SMs), equivalent to 2,560 CUDA cores. If this information is accurate, the forthcoming Blackwell-powered graphics card is also expected to be equipped with 80 5th-generation Tensor cores and 20 4th-generation RT cores.

The configuration is reminiscent of the one employed by Nvidia for the previous generation GeForce RTX 4050 Laptop GPU. Nevertheless, the GeForce RTX 5050 is complemented by the latest Blackwell architecture, which should yield noticeable performance enhancements on its own.

Nvidia GeForce RTX 5050 Specifications*

Swipe to scroll horizontally

Graphics Card

GeForce RTX 5050

GeForce RTX 4050 Laptop GPU

Architecture

GB207

AD107

Process Technology

TSMC 4N FinFET

TSMC 5nm

Transistors (Billion)

?

18.9

Die size (mm²)

?

159

SMs / CUs

20

20

GPU Shaders (ALUs)

2,560

2,560

Tensor / AI Cores

80

80

Ray Tracing Cores

20

20

Base Clock (MHz)

2,235

1,455

Boost Clock (MHz)

2,520

1,755

VRAM Speed (Gbps)

?

16

VRAM (GB)

?

6

VRAM Bus Width

128-bit

96-bit

L2 / Infinity Cache (MB)

?

12

Render Output Units

48

48

Texture Mapping Units

80

80

TFLOPS FP32 (Boost)

12.9

8.9

TFLOPS FP16 (INT4/FP4 TOPS)

12.9

8.9

Bandwidth (GB/s)

?

192

TBP (watts)

?

50

*Specifications are unconfirmed.

The GeForce RTX 5050 appears to exhibit significantly elevated clock speeds. Kiebel has detailed the graphics card’s specifications, noting a base clock speed of 2,235 MHz and a boost clock speed of 2,520 MHz, which are 54% and 44% higher, respectively, than those of the GeForce RTX 4050 Laptop GPU. For those interested in the FP32 metric, the GeForce RTX 5050 provides up to 45% higher FP32 performance than the GeForce RTX 4050 Laptop GPU.

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Kiebel’s listing confirms that the GeForce RTX 5050 will likely have 8GB of memory capacity and a 128-bit memory interface. There were rumors that it would feature GDDR7 memory.

Still, recent information, allegedly obtained from Nvidia partners, seemingly indicates that the Blackwell-based graphics card will instead stick to GDDR6 because of cost and availability concerns. To secure a reliable supply of GDDR6, Nvidia’s partners are said to be placing orders with Samsung and SK hynix. Unfortunately, Kiebel did not provide details on the speed of the GDDR6 memory, making it impossible to compare the memory bandwidth of the GeForce RTX 5050 with its predecessor.

Kiebel offers delivery times between three and seven days on its Helix 13 laptops with the GeForce RTX 5050. We’ve also seen GeForce RTX 5050-equipped laptops popping up everywhere. Asus Vietnam has listed the ROG Strix G16 (G615JHR-S5069W) on its website with a placeholder price tag. Meanwhile, Lenovo’s Legion 5i (83LY0024CC) is already up for purchase at Newegg for $2,233. It shouldn’t take long before Nvidia officially announces the GeForce RTX 5050.

Follow Tom’s Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button.



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June 11, 2025 0 comments
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GameFi Guides

‘Bitcoin First’ KULR Technology Seeks $300 Million to Boost BTC Holdings

by admin June 10, 2025



In brief

  • KULR is seeking $300 million in its latest raise, with plans to use part of the funds for its Bitcoin treasury strategy. 
  • The company holds 920 Bitcoin, worth nearly $100 million. 
  • KULR is one of a number of public companies that are following a path popularized by Strategy.

KULR Technology Group is aiming to raise $300 million to bolster its Bitcoin treasury, the firm revealed Monday in a filing with U.S. federal regulators—the latest sign a growing number of public and private companies are embracing the world’s oldest cryptocurrency.

California-based KULR, which has pivoted to become a self-described “Bitcoin-First” company, plans to raise $300 million by selling its common stock shares in an at-the-market offering, with assistance from Cantor Fitzgerald. It will use the funds to amass more Bitcoin for its corporate treasury, established last year, in addition to augmenting its working capital. 

“We’re building a long-term accumulation flywheel designed to steadily grow BTC per share over time,” KULR Technology CEO Michael Mo said Monday in a statement shared with Decrypt, adding that the company is “undeterred by short-term market volatility.” 

Following the announcement, KULR shares were trading at $1.20, marking a 2% increase over the past day. 



The firm holds 920 Bitcoin worth roughly $99.6 million as of writing time, CoinGecko data shows.

KULR’s bid to expand its Bitcoin holdings comes as the digital asset hovers about 4% lower than its all-time-high price of $112,000, which it hit on May 22. 

Bitcoin was recently changing hands at $108,600, up roughly 2.2% in the past 24 hours, according to crypto data provider CoinGecko. 

The recent surge in Bitcoin’s price has inspired a rash of public and private companies to add the cryptocurrency to their balance sheets, modeling their corporate strategies after Michael Saylor’s software firm Strategy.

More than five dozen public companies and more than a dozen private firms currently hold Bitcoin, according to data from Bitbo, while several businesses have recently announced their intentions to establish Bitcoin treasuries as well. Among the firms to embrace Strategy’s Bitcoin-focused playbook over the past several months are public companies SolarBank, The Blockchain Group, Treasure Global, and Davis Commodities. 

More broadly, 227 entities own Bitcoin as of publication time, up nearly 11% over the past month, according to data from Bitcointreasuries.net. Overall, the entities hold $177 billion in Bitcoin, with Strategy’s tokens accounting for $63 billion, or roughly one-third, of those combined holdings, the data shows. 

The raise also comes as KULR said Monday in a statement that it had joined the “Bitcoin for Corporations” (“BFC”) initiative, an accelerator for institutional Bitcoin adoption introduced by Strategy and Bitcoin Magazine. 

As an executive member of the initiative, KULR will participate in efforts to promote the integration of Bitcoin into publicly traded companies’ corporate treasuries through the use of institutional-grade tools, business gramworks and peer support networks. 

CORRECTION: (June 9, 2025, 5:27 p.m. ET): Corrects the total value of bitcoin to $99.6 million. 

Edited by James Rubin

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June 10, 2025 0 comments
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Upsc Adopts Aadhaar Verification, Ai To Boost Exam Security 
Crypto Trends

UPSC Adopts Aadhaar Verification, AI to Boost Exam Security

by admin June 8, 2025



To maintain the integrity of its examinations, UPSC has put in place Aadhaar verification and surveillance with AI. The latest step is a reaction to recent disputes such as the Puja Khedkar case and the NEET paper leak that have raised issues about competitive exam security.

As per the reports, with the new version of the UPSC online portal introduced on May 28, candidates must now take four steps: make an account, engage in universal registration, fill in the common form, and upload their documents for examination. Furthermore, checking your ICFR account with Aadhaar can be done by voluntary Aadhaar authentication (by pressing Yes/No or using e-KYC).

Before even a week was over, more than 92% of the registered users decided to use Aadhaar verification. As of June 4, there were 2.65 lakh users who created accounts, and among them, 1.13 lakh did universal registration; 1.05 lakh of these people confirmed their identity via Aadhaar.

The Chairman of UPSC pointed out that the new platform makes it possible for candidates to use the same saved information for tests like the Civil Services Examination, CDS, and NDA. The tender should be submitted by July 30 2025.

AI-enabled cameras will also be put in the exam rooms, making sure one camera monitors 24 candidates each. They are developed to find unusual or suspicious behavior like different movements from the candidates or exam monitors, along with unusual activities near the exam station. Immediate notifications and fees will apply for any case where something is wrong in the verification or equipment.

UPSC chairman Ajay Kumar said, “They have removed repetitive data entry, enabling candidates to reuse their details across exams for a seamless and efficient experience.”

Although using Aadhaar is voluntary, people who do not use it may see their votes counted later because the process involves manual checks. UPSC protects disabled candidates’ data and makes the application process simple and honest for all Group A and B central services.

Also Read: OpenAI Seeks Indian Partnership Under ‘OpenAI for Countries’ Plan



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June 8, 2025 0 comments
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Ripple XRP News
NFT Gaming

XRPL Success Might Not Boost XRP Price, Ripple CTO Admits

by admin June 6, 2025


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

Ripple’s chief technology officer David “JoelKatz” Schwartz used the annual XRP Las Vegas gathering to acknowledge publicly, for the first time, that the company’s constellation of products now constitutes what can “be considered a financial system.” Yet even as he laid out an expansive vision of on-ledger banking functions, Schwartz conceded that the link between that system’s growth and the market value of XRP itself remains “very hard to do” and ultimately uncertain.

Ripple CTO Casts Doubt On XRP’s Price Destiny

The exchange that forced the admission began when independent reporter Vincent Scott asked the CTO whether Ripple’s three pillars — the RLUSD dollar-pegged stablecoin as unit of account, the XRP Ledger (XRPL) as permissionless payment rail and XRP as settlement asset or “gas” — could be read as a complete financial architecture. “Yes, you can consider those things a financial system,” Schwartz replied, shaking Scott’s hand before the latter recorded a confirmation video that quickly circulated on X.

Hours later the CTO elaborated on X: “I did say that you could consider the XRPL together with other things Ripple has built to be a financial system. I hope over the next few years it can provide a significant fraction of the financial services that people need every day, from payments to investments to loans.” That ambition rests in part on RLUSD, a dollar-pegged stablecoin whose public rollout began on December 17, 2024 and which is now live on both the Ripple’s native ledger and Ethereum.

Community discussion quickly pivoted to whether XRPL’s expanding palette of assets might dilute attention on token itself. Schwartz pushed back but conceded nuance: “The XRPL is more than just XRP. There are stablecoins, there will be tokenized real-world assets, loans of all kinds of things. A DEX doesn’t work with just one asset,” he wrote. “But XRP has a privileged place on XRPL. It’s the only asset that any account can receive. It’s the only asset without a counterparty. Pathfinding checks for XRP liquidity first. Autobridging makes offers to and from XRP more likely to be taken. It’s the only asset you can pay transaction fees with.”

That architectural primacy does not translate automatically into price appreciation, a point Schwartz emphasized in a second thread: “The question to ponder is how much value XRPL can generate and to what extent that can turn into XRP value. That’s very hard to do though. For example, it’s very hard to know how much of XRP’s value today comes from XRPL’s value.”

Market data underscore the ambiguity. XRP changed hands Friday at roughly $2.14, only marginally higher than a week earlier despite a flurry of bullish chart projections that target the $3 level and bullish news from the XRP Ledger ecosystem.

Ripple’s broader corporate maneuvers highlight where that future throughput may originate. In April the company agreed to buy multi-asset prime broker Hidden Road for $1.25 billion, a deal that will see the brokerage use RLUSD as collateral and route a slice of its $3 trillion in annual trading volume through XRPL once the acquisition closes. If that pipeline materializes, the ledger could handle an order of magnitude more value than it does today; whether that translates into sustained demand for XRP liquidity is, by Schwartz’s own assessment, still an open research problem.

For now, investors are left weighing two countervailing forces: an expanding ledger that aspires to replicate retail and wholesale banking functions on-chain, and a native currency whose value capture mechanism, though privileged, is not mathematically fixed. As Schwartz told attendees, “That’s very hard to do.” The market will decide whether the difficulty lies in modeling the relationship — or in realizing it.

At press time, XRP traded at $2.12.

XRP remains above the 200-day EMA, 1-day chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, 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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June 6, 2025 0 comments
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Strategy to Boost Bitcoin (BTC) Acquisitions with $250M STRD Stock
GameFi Guides

Strategy to Boost Bitcoin (BTC) Acquisitions with $250M STRD Stock

by admin June 3, 2025


Strategy, the company holding the most Bitcoin (BTC), plans to issue shares called STRD, offering 2.5 million shares of this stock.

The company is raising funds to purchase more BTC and support its operations. By doing this, Strategy is showing it believes BTC is a reliable investment.

The STRD stock stands out for offering dividends to its investors. Even though dividends may be available, only Strategy’s board has the authority to decide whether they are paid.

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If approved, dividends will be paid four times a year, starting September 30, 2025. The dividend rate is 10% of the stock’s value, paid only in cash. If Strategy skips a dividend, it does not owe anything later.

Each STRD share starts with a value of $100, known as the liquidation preference. This value can change based on the market price and trading volume.

If a large number of Strategy shares are sold, the price could increase to match the highest trade. Therefore, the stock’s price can fluctuate easily.

Creating view investment opportunities

Strategy can choose to buy back all STRD shares if certain conditions are met, such as if only a small number of shares remain or if specific tax issues arise.

If a major event like a company takeover occurs, STRD shareholders can request Strategy to repurchase their shares at the set value plus any unpaid dividends. The money raised from this stock sale will primarily be used to purchase more Bitcoin.

Strategy already holds a significant amount of Bitcoin and views it as a core part of its future strategy. Major financial institutions like Barclays and Morgan Stanley are assisting with the stock offering. Those interested in the stock can find details on the SEC’s website or contact these banks.

This offering is registered with the SEC, ensuring it complies with regulatory requirements. However, Strategy notes that market changes could affect the plan. The company’s focus on Bitcoin and its stock offering provides new investors with an opportunity to share in its long-term vision.

For many, this could be another attractive way to gain exposure to BTC. Strategy continues to make aggressive moves with its Bitcoin purchases.

Earlier today, the company announced the acquisition of another $75 million in BTC.



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June 3, 2025 0 comments
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Wazirx Bitgo Partnership: Security Boost Or Just Smoke &Amp; Mirrors?
GameFi Guides

Security Boost or Just Smoke & Mirrors?

by admin June 2, 2025



After months of uncertainty, WazirX has announced a partnership with BitGo, a US-based digital asset custodian, in what the exchange calls a “foundational step” towards restarting operations. The collaboration is being promoted as part of WazirX’s renewed commitment to security, transparency, and trust.

BitGo is a trusted name in crypto security that’s been around for a long time. Many major financial firms and exchanges rely on them to keep money safe. WazirX partnered with BitGo to give users better protection for their funds.

In its official blog, WazirX stated that this move is more than symbolic. It’s an attempt to rebuild the exchange from the ground up, putting user safety at the core of its relaunch plans. The platform says it’s not relying on words this time, but “meaningful action.”

But for over 4.4 million users, that action still hasn’t taken the shape they’ve been waiting for: access to their funds.

On May 13, WazirX appeared in a Singapore court to seek approval for its moratorium extension. The court didn’t give an immediate green light. Instead, it requested that WazirX file another affidavit and rescheduled the next hearing for June 6, 2025. That affidavit was submitted, but since then, there’s been complete silence on what comes next.

Even in the announcement about the BitGo partnership, there was no mention of timelines for fund withdrawals. The word “safety” was used repeatedly, but it raised more questions than answers. What good is safety if the assets are still inaccessible?

Nischal Shetty, the founder of WazirX, said, “User trust and fund safety are our utmost priorities.” 

He also added, “By partnering with BitGo, we are taking a decisive step towards rebuilding confidence in WazirX. Their expertise will not only enhance the security of funds but also facilitate a transparent and efficient process for distributing funds to creditors.”

Social media platforms, especially Twitter, which once a hub for WazirX’s real-time updates, remained silent on the development. No tweet accompanied the blog post. No clarification came from the founder. For many users, this silence continues to feel deliberate.

The frustration is compounded by the fact that the partnership comes at a time when users are still left guessing. BitGo may bring credibility and better security to the table, but that doesn’t answer the question millions have been asking for months: when will users get their money back?

Trust and safety are just words if there’s no real update or action to back them up. People want straight answers, not just words. With India about to roll out crypto rules in June 2025, WazirX can’t keep dodging the tough stuff. The real issue? Users still can’t access their money. That’s what needs fixing.

There’s growing anticipation around how exchanges will fit into the regulated ecosystem. Yet, for WazirX, once one of the most dominant players in India, the future still feels stuck in limbo.

The BitGo partnership might prove critical in regaining operational integrity. But as things stand today, it only addresses one part of the problem: security. The larger issue, user access, clarity, and communication, remains unresolved.

And for millions affected, silence isn’t security. Silence is the opposite of trust.

Also Read: WazirX Crashes 7% in a Week as Court Delays Repayments Again



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June 2, 2025 0 comments
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Weekly Wrap: Sec Backs Off Binance, Gamestop’s Bitcoin Dive, $121M Boost Xrp And More
Crypto Trends

SEC Backs Off Binance, GameStop’s Bitcoin Dive, $121M Boost to XRP and More

by admin June 1, 2025



The final week of May 2025 delivered a whirlwind of transformative developments in the cryptocurrency space while setting the stage for a dynamic June. From a landmark regulatory shift in the U.S. to bold institutional investments and global political endorsements, the crypto market saw significant momentum. Let’s have a closer look at this week’s top stories;

Top Stories this Week

SEC Drops Binance Lawsuit, Signals Major U.S. Crypto Policy Shift

The U.S. Securities and Exchange Commission (SEC) made a notable headline this week by dropping its high-profile lawsuit against Binance on May 28, 2025. This decision marks a significant shift in U.S. crypto regulatory policy, suggesting a move toward a more accommodating stance. The SEC’s recent settlements with other major crypto exchanges like Coinbase and Kraken, and now Binance, indicate a potential easing of enforcement actions, as it fosters optimism for clearer regulations. 

GameStop Purchases 4,710 Bitcoin

On May 28, 2025, GameStop Corp. announced its first foray into cryptocurrency, with acquiring 4,710 Bitcoin valued at approximately $513 million. The move marks gaming giant’s strategic pivot to diversify its $4.78 billion cash reserves. The purchase, funded through a $1.3 billion convertible notes offering, positions GameStop as one of the largest public Bitcoin holders, with it now sitting among leading companies like Strategy and Tesla. 

US Vice President JD Vance Commits to Crypto Industry Support

At the Bitcoin 2025 Conference in Las Vegas, U.S. Vice President JD Vance delivered a keynote address on May 27, 2025. His speech pledged robust support for the cryptocurrency industry. Vance described crypto as a critical hedge against poor economic policies and emphasized the Trump administration’s pro-crypto agenda. He also advocated for a market structure bill to streamline regulations and confirmed the creation of a U.S. Bitcoin strategic reserve, valued at $20.4 billion, primarily from seized assets. 

XRP Sees $121M Institutional Boost from VivoPower

VivoPower, a sustainable energy company, announced a $121 million investment on May 29, 2025, to establish the world’s first publicly traded XRP-focused treasury reserve, backed by Saudi Prince Abdulaziz bin Salman. This move, likened to Strategy’s Bitcoin strategy, underscores growing institutional confidence in XRP despite its recent price pullback to below $2.30. 

Coinbase Institutions to Offer 24/7 Solana (SOL) and XRP Futures

Coinbase Institutional announced the launch of 24/7 futures trading for Solana (SOL) and XRP on May 30, 2025, expanding access to crypto derivatives for institutional investors. This move follows CME Group’s introduction of XRP futures earlier in May, signaling growing mainstream acceptance of these assets. The perpetual futures contracts are expected to enhance liquidity in the crypto market. This development underscores Solana and XRP’s rising prominence among institutions and reinforces their roles in the evolving crypto market.

News You Might Have Missed

  • Nigel Farage Proposes ‘Crypto Revolution’ for London: UK politician Nigel Farage proposed a “Crypto Assets Bill” during a speech at the Bitcoin 2025 Conference, aiming to ignite a “crypto revolution” in London.
  • Hong Kong-based HashKey Lists XRP for Institutions: HashKey Exchange, a Hong Kong-based, SFC-licensed crypto platform, launched XRP/USD spot trading exclusively for professional investors.
  • Telegram’s Tie and No-tie with xAI: Telegram founder Pavel Durov announced a $300 million deal with xAI to integrate the Grok AI chatbot into Telegram’s platform, only for Musk to refute the claim, stating, “No deal has been signed.”

Top Gainers and Losers This Week

GainersLosersQNT (Quant): +15%FARTCOIN (Fartcoin): -27%DEXE (DeXe): +14%PENGU (Pudgy Penguin): -24%SPX (SPX6900): +12%WIF (Dogwifhat): -24%CRO (Cronos): +9%BONK (Bonk): -23%VIRTUAL (Virtuals Protocol): +4%KAS (Kaspa): -22%

What to expect next week?

The first week of June 2025 could bring increased volatility, particularly on downside, as markets digest U.S. jobs data and Federal Reserve signals on interest rates. While past two days were choppy for Bitcoin, the enlarged selling pressure could spark corrections, but regulatory clarity from the U.S. may fuel optimism.



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June 1, 2025 0 comments
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Crypto Trends

SOL Strategies Files $1B Shelf Prospectus to Boost Solana Investment ‘Flexibility’

by admin May 29, 2025



In brief

  • SOL Strategies filed a $1 billion preliminary base shelf prospectus to expand its capital-raising options.
  • The filing gives the company flexibility to issue various securities over time, including shares and debt.
  • No immediate offerings are planned, but the move positions SOL Strategies to act quickly on Solana-related opportunities.

SOL Strategies, a Canadian public company focused on the Solana blockchain, has filed a $1 billion preliminary short-form base shelf prospectus as it doubles down on its investments in the world’s sixth-largest crypto.

The company said the move aims to provide it with increased “financial flexibility” to capitalize on emerging opportunities within the Solana ecosystem, according to a filing on Tuesday.

In other words, the move will allow SOL Strategies to prepare for potential capital raises, allowing it to move quickly on investment opportunities in the Solana ecosystem without delay due to additional regulatory approvals.

The document was submitted to securities regulators in all Canadian provinces and territories, and once finalized, will permit the company to make offerings of a variety of instruments, including common shares, debt securities, warrants, and subscription receipts.

“The filing of a base shelf prospectus supports our growth strategy by providing us with the flexibility to access capital as future opportunities arise in the rapidly evolving Solana ecosystem,” Leah Wald, CEO of SOL Strategies, wrote in a statement. 

The company also stated that it has no current plans to issue securities under the prospectus and may ultimately decide not to do so.

“This strategic move enhances our ability to act decisively when compelling investment opportunities present themselves,” Wald added.

SOL Strategies, formerly known as Cypherpunk Holdings, specializes in investing in and providing infrastructure for the Solana blockchain. 

Traded on the Canadian Securities Exchange under the ticker HODL, the company aims to fuel the development of decentralized applications and services that leverage Solana’s high-speed, low-cost network.

The company said there are currently no immediate plans to issue securities under the new shelf prospectus, but it allows SOL Strategies to respond swiftly should investment opportunities arise.

The move follows SOL Strategies’ April announcement that it had secured a $500 million convertible note to fund additional Solana purchases.

Solana remains one of the top digital assets, with a valuation of roughly $89.8 billion. The asset is trading down slightly on the day to $172.29, CoinGecko data shows.

Edited by Sebastian Sinclair

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May 29, 2025 0 comments
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Nvidia DGX
Product Reviews

Nvidia to boost AI server racks to megawatt scale, increasing power delivery by five times or more

by admin May 28, 2025



Nvidia is developing a new power infrastructure called the 800V HVDC architecture to deliver the power requirements of 1 MW server racks and more, with plans to deploy it by 2027. According to Nvidia, the current 54V DC power distribution system is already reaching its limit as racks begin to exceed 200 kilowatts. As AI chips become more powerful and demand more electricity, these existing systems would no longer be able to practically keep up, requiring data centers to build new solutions so that their electrical circuits do not get overwhelmed.

For example, Nvidia says that its GB200 NVL72 or GB300 NVL72 needs around eight power shelves. If it used 54V DC power distribution, the power shelves would consume 64 U of rack space, which is more than what the average server rack can accommodate. Aside from this, it also said that delivering 1 MW using 54V DC requires a 200 kg copper busbar — that means a gigawatt AI data center, which many companies are now racing to build, would need 500,000 tons of copper. This is nearly half of the U.S.’s total copper output in 2024, and that’s just for one site.

So, instead of using the 54V DC system, which is installed directly at the server cabinet, Nvidia is proposing to use the 800V HVDC, which will connect near the site’s 13.8kV AC power source. Aside from freeing up space in the server racks, this will also streamline the approach and make power transmission within the data center more efficient. It will also remove the multiple AC to DC and DC to DC transformations used in the current system, which added complexity.


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The 800V HVDC will also reduce the system current for the same power load, potentially increasing the total wattage delivered by up to 85% without the need to upgrade the conductor. “With lower current, thinner conductors can handle the same load, reducing copper requirements by 45%,” said the company. “Additionally, DC systems eliminate AC-specific inefficiencies, such as skin effect and reactive power losses, further improving efficiency.”

According to Digitimes [machine translated], the AI giant is working with Infineon, Texas Instruments, and Navitas to help develop this system. Furthermore, it’s expected that they will deploy wide-bandgap semiconductors like gallium nitride (GaN) and silicon carbide (SiC) to achieve the high power densities needed by these powerful AI systems. The 800V HVDC is a technical challenge that data centers must solve for power efficiency, especially as they start to breach 1 GW capacity and more. This solution should help them reduce wasted power, which, in turn, would reduce operating costs.

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May 28, 2025 0 comments
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