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Elon Musk's New Software Company Is the Opposite of Microsoft
Product Reviews

Elon Musk’s New Software Company Is the Opposite of Microsoft

by admin August 22, 2025


Elon Musk, the world’s wealthiest gooner, has a new software company. And in typical Musk fashion, he’s given it a name that only a teenager stuck in a 54-year-old’s body would truly appreciate.

The name is Macrohard, a play off the name Microsoft, and Musk knows it’s an immature joke about penises. But that kind of humor has never stopped him from raising billions of dollars before.

“Join @xAI and help build a purely AI software company called Macrohard,” the billionaire tweeted Friday. “It’s a tongue-in-cheek name, but the project is very real! In principle, given that software companies like Microsoft do not themselves manufacture any physical hardware, it should be possible to simulate them entirely with AI.”

It’s unclear what Musk means by insisting that Microsoft doesn’t “themselves manufacture any physical hardware.” Microsoft has products like Surface and Xbox, which are designed by the tech company. Microsoft oversees the manufacturing through various partners.

It’s also a bit odd to insist that any software company could be entirely simulated “with AI.” One person replying to Musk’s tweet asked the obvious question: “Does this mean all software-only companies – including xAI – are at risk of being fully disrupted?”

The theory seems to be that with the rise of AI, you can code anything you like, no matter how complicated, and just produce software essentially for free. And even if that were possible (it’s not, given the fact that AI still needs a human babysitter to debug), it seems like it would run into some major intellectual property issues.

xAI filed a trademark application for Macrohard on Aug. 1, according to online records held by the U.S. Patent and Trademark Office. Musk first teased the name of his company in a tweet on July 13.

“We are creating a multi-agent AI software company @xAI, where @Grok spawns hundreds of specialized coding and image/video generation/understanding agents all working together and then emulates humans interacting with the software in virtual machines until the result is excellent,” Musk tweeted.

“This is a macro challenge and a hard problem with stiff competition! Can you guess the name of this company?” Musk continued, ending with a laughing emoji.

That tweet caused people online to guess correctly that it would be called Macrohard, perhaps because it’s been such a long-running joke in the software community. People speculated that it would be something related to gaming or vibe coding, which seems like a pretty solid bet, though we’re still waiting on details.

The trademark application mentions video games, but also seems to be trying to stake a claim in pretty broad fields, including “legal analysis, strategic planning, and professional advisory applications.”

xAI didn’t immediately respond to questions emailed on Friday. Gizmodo will update this article if we hear back.



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August 22, 2025 0 comments
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Dogecoin Live News Today: Latest Insights for Doge Lovers (August 22)
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Dogecoin Price Analysis as Hyper Bit Technologies Acquires Dogecoin Mining Company, Maxi Doge Soars while Dogecoin Falters, and More…

by admin August 22, 2025


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

Stay Ahead with Our Immediate Analysis of Today’s Dogecoin Updates

Check out our Live Dogecoin Updates for August 22, 2025!

In 2025, Dogecoin stands shoulder-to-shoulder next to Bitcoin. One is the first cryptocurrency, while our doggo friend is widely recognized as the first meme coin.

Launched in 2013, $DOGE is up by over 38,000% today, looking at a price of over $0.21 and a trading volume in the billions of dollars. If anything, Dogecoin proves that ‘anything is possible’ in crypto, and even underdogs can become industry giants.

With endorsements from industry moguls like Elon Musk and official investment vehicles like the Grayscale Dogecoin Trust, $DOGE seems to be going nowhere but up.

Click to learn more about Maxi Doge

Maxi Doge ($MAXI) is Dogecoin’s bodybuilder cousin chugging Red Bull and scalping cryptos at 3AM in the morning.

Embodying full-send chaos and pump potential 2.0, $MAXI is for degen traders who don’t hesitate and keep diamond hands on some of the riskiest plays.

While meme coins are a dime a dozen, Maxi Doge is max-commitment, max cojones, and aiming for legend status in the memecoin land.

Simply put, if rat poison squared took form, it would probably look like Maxi Doge. And this meme coin is still in presale.

If you’re looking for the newest insights on Dogecoin and doge-related projects and meme coins, you’re in the right place.

We update this page frequently throughout the day, as we get the latest and greatest insider insights for Doge lovers and memecoin enthusiasts, so keep refreshing!

Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you.

Today’s Dogecoin Technical Analysis 📊

Dogecoin has largely mirrored Bitcoin’s action over the past 3-4 days in that it’s also hovering around a major support level that could signal whale accumulation before the next leg up.

This support comes from an upward sloping trendline that previously triggered $DOGE’s massive July rally, where the token gained more than 80% in just a couple of weeks.

Even better, $DOGE’s current price on the daily chart is resting not only on that trendline but also around key moving averages – the 100, 200 EMAs – giving it multiple layers of support to potentially bounce from.

Just like Bitcoin, Doge’s current weekly candle is sitting right at the 50% Fibonacci retracement level, a strong signal in favor of buyers.

All in all, the larger picture remains bullish. That said, in the short term (4H and 1H charts), momentum is still bearish.

The ideal play now is patience. Wait for a big fat green daily candle that resets momentum and aligns the moving averages beneath price in the proper bullish sequence, potentially setting the stage for an explosive move.

While Dogecoin Stalls, Maxi Doge Hits the Pre-Workout

August 22, 2025 • 10:00 UTC

Dogecoin’s stuck in a neutral zone, trading between $0.21 and $0.2221. RSI and MACD are flat, the chart is forming a broadening triangle, and traders are sitting around waiting for a breakout.

Despite bullish headlines like Wyoming’s stablecoin launch and Thumzup’s acquisition, $DOGE is not lifting.

Meanwhile, newcomer, Maxi Doge ($MAXI), is tearing off its hoodie and heading straight for the squat rack.

With zero-tax trading, high staking rewards (currently 214%), and a pumped-up presale, Maxi Doge channels the raw energy of motivational memes, protein-packed ambition, and laser-eyed conviction.

Available now on presale for just $0.0002535, $MAXI is built for gains and glory.

Find out how to buy Maxi Doge and watch $MAXI pump.

Hyper Bit Mines $DOGE; $MAXI Mines Hype

August 22, 2025 • 10:00 UTC

Hyper Bit Technologies just locked in a deal to acquire Dogecoin Mining Technologies Corp., securing up to 2,660 ElphaPex DG1 and DG2 miners.

These rigs will be hosted at a renewable energy facility with access to 11 MW of power, giving Hyper Bit serious firepower in the $DOGE and Litecoin mining game.

The move also positions Hyper Bit as one of the first publicly traded altcoin mining firms, signaling growing institutional interest in meme coin infrastructure.

But while Hyper Bit builds the backend, Maxi Doge ($MAXI) is front-facing the future of meme coin culture.

It’s not about mining, anymore, it’s about memeing with muscle. Maxi Doge blends Dogecoin’s charm with a gym-bro narrative: zero-tax trading, staking rewards, and a presale that’s all flex, no fluff.

Buy in. Bulk up. Become a Maxi. Because in this market, only the strongest memes survive.

 

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 22, 2025 0 comments
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Gaming Gear

Bungie’s veteran CEO Pete Parsons is leaving the company

by admin August 22, 2025


Bungie CEO Pete Parsons has announced that he’s leaving the Halo developer after working at the studio for more than two decades. In Parsons’ place, Justin Truman, a general manager on Destiny 2 and Bungie’s chief development officer, is taking over as studio head.

“After more than two decades of helping build this incredible studio, establishing the Bungie Foundation and growing inspiring communities around our work, I have decided to pass the torch,” Parsons shared in a statement on Bungie’s website. “Today marks the right time for a new beginning. The future of Bungie will be in the hands of a new generation of leaders, and I am thrilled to announce that Justin Truman will be stepping into leadership as Bungie’s new studio head.”

Parsons oversaw Bungie during a consequential period in the studio’s history. Bungie started publishing its own games under his leadership, ending a longterm publishing deal with Activision that helped get Destiny released. Parsons also played a role in the studio’s $3.6 million acquisition by Sony, which placed Bungie at the center of plans to develop live-service games for the PlayStation — a move that hasn’t really paid off so far.

Bungie has faced notable difficulties since coming under Sony ownership. The studio’s relative independence did nothing to spare it from having to lay off 220 employees in 2024. Developing Bungie’s next game, Marathon, has also seemed like an uphill battle. The game was delayed indefinitely earlier this year following the discovery that the alpha version of Marathon used stolen art assets.

Truman’s new leadership role suggests Destiny 2 will remain a going concern for Bungie. It might also signal a new relationship with Sony and PlayStation Studios. During a recent earnings call, Sony CFO Lin Tao said Bungie would be less independent in the future, and eventually “become part of PlayStation Studios,” PC Gamer reports.



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August 22, 2025 0 comments
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Bitmine Becomes 2nd Largest Crypto Treasury Company: Now Holding $6.6B In Ethereum
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Bitmine Becomes 2nd Largest Crypto Treasury Company: Now Holding $6.6B In Ethereum

by admin August 20, 2025


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

BitMine, a publicly traded company renowned for its bold treasury strategy, has officially become the second-largest crypto treasury company in the world. The firm now holds more than $6.6 billion worth of Ethereum (ETH), totaling 1.52 million tokens — a staggering 1.26% of the total ETH supply.

This milestone underscores BitMine’s aggressive accumulation strategy, which has set it apart from other institutions and corporate treasuries in the crypto space. What makes this move even more significant is BitMine’s long-term vision: the company has set a target of holding 5% of Ethereum’s total supply, meaning they are already 25% of the way toward their ambitious goal.

The announcement sends a strong signal to markets and institutional investors. Ethereum’s growing role as both a financial and technological backbone of Web3 is attracting corporations to treat ETH not just as an asset, but as a strategic reserve. BitMine’s approach mirrors the conviction once seen in Bitcoin-focused treasury strategies, but it places Ethereum front and center in the evolving digital asset economy.

BitMine Becomes The Leading Ethereum Treasury

BitMine has cemented its position as the largest Ethereum treasury in the world, now holding over $6.6 billion worth of ETH, up from $4.9 billion just last week. This rapid increase highlights the company’s aggressive accumulation strategy and its conviction in Ethereum’s long-term value. The treasury currently accounts for 1.52 million ETH, making BitMine the undisputed leader in Ethereum corporate holdings.

BitMine Latest Crypto Transactions | Source: Arkham Intelligence

Globally, BitMine now ranks as the second crypto treasury company overall, second only to Michael Saylor’s Strategy, which dominates Bitcoin holdings. This milestone underscores the shifting landscape of institutional crypto adoption, where Ethereum is increasingly being recognized as more than just the leading smart contract platform — it is becoming a core reserve asset.

Notably, BitMine now holds more ETH than Sharplink Gaming, The Ether Machine, and The Ethereum Foundation combined. This marks a turning point in the treasury race, where corporations are no longer competing on Bitcoin alone but are diversifying into Ethereum at unprecedented levels.

This growing trend is likely to continue as ETH gains momentum, supported by strong institutional demand, ETF inflows, and broader adoption across decentralized finance and real-world asset tokenization. Analysts believe that if BitMine maintains its current pace, its treasury strategy could reshape how companies manage long-term reserves in the digital economy.

ETH Facing Critical Test

Ethereum is currently trading near $4,310 after a sharp retrace from its recent peak above $4,790. The chart highlights that ETH has entered a consolidation phase after weeks of strong bullish momentum, with price now testing key support levels.

ETH is trading above key demand levels | Source: ETHUSDT chart on TradingView

The 50-day moving average is trending upward and currently sits near $3,560, well below current price levels, signaling that the broader bullish structure remains intact. Meanwhile, the 100-day and 200-day moving averages at $3,048 and $2,575, respectively, also confirm strong long-term support. This alignment suggests that despite the pullback, Ethereum’s broader trend is still positioned for growth.

If ETH manages to hold this level, a rebound back toward resistance at $4,600–$4,800 is likely in the short term. However, a breakdown below support could open the door for a deeper retrace toward $3,800. The coming sessions will be key to determining direction.

Featured image from Dall-E, chart from TradingView

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



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August 20, 2025 0 comments
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Intel Foundry
Product Reviews

Softbank reportedly considered buying Intel’s foundry division outright before investing $2 billion into the company as equity

by admin August 20, 2025



SoftBank today announced its intent to purchase a historic $2 billion worth of Intel shares—a roughly 2% stake—making it one of the largest shareholders of the American chipmaker. However, the Financial Times reports that just days before the deal was inked, Softbank actually considered buying Intel’s foundry division outright.

This follows another unprecedented report that the White House is considering a 10% stake in Intel, utilizing grants from the CHIPS Act and converting them into equity.

Intel received that CHIPS Act money on the promise of never spinning off the fabs the funds directly impacted, as they serve an important geopolitical role in the race for bleeding-edge semiconductors. Intel is one of the last companies in the cutting-edge process race with TSMC, whose roots in Taiwan have provoked long-simmering concerns about its vulnerability and the stability of leading-edge semiconductor supply in the event that China should invade the island in pursuit of reunification.


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Intel has been struggling for years, and the current CEO, Lip-Bu Tan, was installed earlier this year to turn the company’s fortunes around. Quickly, Tan shifted Intel’s focus to save costs and stick to its core business. Despite efforts to bolster homegrown chipmaking, Tan has faced intense scrutiny, mostly due to his former ties with China, which even led to calls for his resignation by President Trump.

Of course, the relationship between Trump and Tan has done a 180 following a meeting in which the President was apparently won over by Tan’s “amazing story.”

(Image credit: Getty Images / Bloomberg)

SoftBank is a Japanese financial institution that owns a majority stake in semiconductor IP developer Arm and already has close ties with the Trump administration thanks to the Stargate project. For those out of the loop, that’s a $500 billion promise to build AI infrastructure in the U.S. that would purportedly create 100,000 jobs, bolster American chipmaking, and make the country the clear leader in bleeding-edge AI applications.

SoftBank already owns 40% of that project and is now set to own 2% of Intel, marking a significant investment in the promise of a turnaround for the beleaguered company and its geopolitical importance in keeping bleeding-edge semiconductors local to America.

Get Tom’s Hardware’s best news and in-depth reviews, straight to your inbox.

Lip-Bu Tan also served as a board member for SoftBank till 2022, and left amidst the company’s own set of challenges following a few miscalculated investments.

Years later, Son is now investing in Intel. “Masa and I have worked closely together for decades, and I appreciate the confidence he has placed in Intel with this investment,” said Tan. This endeavor aligns with SoftBank’s broader strategies geared toward expanding its presence in the AI market and gaining a foothold in emerging technologies.

Previously, SoftBank invested heavily in Nvidia, owning about 4.9% of the company, but it sold those shares in 2019 when Nvidia’s share price was in a downturn. After losing out on billions in gains in recent years when Nvidia began its meteoric rise, Softbank increased its investment in Nvidia to $3 billion at the beginning of 2025.

As part of its Project Izanagi initiative, Softbank reportedly explored fabricating an AI accelerator of its own with Intel in 2024, but due to a lack of confidence in Intel meeting its performance and volume projections, Softbank pivoted to TSMC for its foundry needs. SoftBank also acquired Graphcore for its AI accelerator IP as part of its larger strategy.

(Image credit: Intel)

Right now, Intel’s foundry business is struggling as its next-gen 18A and 14A process nodes are on the chopping block (the former for external customers) if it can’t secure enough customer commitments. Intel has, however, reiterated that it is its own biggest customer and that the company is committed to chip manufacturing.

SoftBank’s $2 billion stake in Intel demonstrates a great deal of trust in Tan’s leadership, but Son’s history of questionable investment choices means a resurgent Intel is far from a sure thing. Intel has also lost out to Nvidia in the AI race and continues to lose ground in both the consumer x86 and server markets to AMD. Whether Trump’s and Son’s interventions in the fate of the company are enough to save it remains to be seen.

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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August 20, 2025 0 comments
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Dutch Firm Amdax To Launch Bitcoin Treasury Company, Eyes 1% Of BTC Supply
Crypto Trends

Dutch Firm Amdax To Launch Bitcoin Treasury Company, Eyes 1% Of BTC Supply

by admin August 19, 2025


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

Leading Netherlands-based crypto services firm Amdax today announced plans to launch a Bitcoin (BTC) treasury company called AMBTS B.V. (AMBTS), with the goal of listing it on Euronext Amsterdam.

Amdax Unveils Bitcoin Treasury Firm

In a move that underscores the growing trend of European companies embracing Bitcoin strategies, Dutch crypto services provider Amdax revealed it is laying the groundwork for a dedicated Bitcoin treasury company to be listed on Amsterdam’s Euronext stock exchange.

AMBTS will operate as a privately held company with an independent governance structure and a singular focus on BTC accumulation. The company aims to acquire as much as 1% of the total Bitcoin supply, raising capital from private investors in stages to achieve that ambitious target.

At current market prices, holding 1% of Bitcoin’s supply – roughly 210,000 BTC – would require an investment of approximately $24 billion. Presently, only Strategy holds more than 1% of the supply, with 628,946 BTC on its balance sheet.

Amdax emphasized Bitcoin’s low correlation with traditional asset classes as a key driver of institutional interest. The firm noted that persistent inflation, geopolitical instability, and increasing regulatory clarity have strengthened BTC’s appeal, reflected in its recent price performance.

According to Amdax, proceeds from the initial financing round will be used to “make a head start with the BTC accumulation strategy,” which the firm expects will also boost its equity value over time.

For background, Amdax has been operating as a licensed cryptocurrency services provider for more than five years. In 2020, it became the first Dutch crypto company to register with the Dutch Central Bank (DCB). Commenting on the development, Lucas Wensing, CEO of Amdax, said:

While Bitcoin has been the best performing major asset in the past 10 years with fast adoption as digital capital, it is still relatively small in investment portfolios. With now over 10% of BTC supply held by corporations, governments and institutions, we think the time is right to establish a Bitcoin treasury company with the aim to obtain a listing on Euronext Amsterdam.

BTC Adoption In Europe Gaining Momentum

Although European companies were initially hesitant to embrace BTC, many are now warming up to the cryptocurrency. A supportive regulatory environment and growing institutional adoption in the US have contributed to Europe’s shifting stance toward digital assets.

For instance, UK-based firm The Smarter Web Company recently expanded its cryptocurrency holdings to 1,825 BTC after purchasing an additional 225 BTC. Similarly, Satsuma Technology, also based in the UK, raised $135 million to increase its BTC exposure.

Meanwhile, Norway’s sovereign wealth fund disclosed that its indirect BTC exposure rose 192% year-on-year, highlighting the increasing role of BTC in European institutional portfolios. At press time, BTC trades at $116,100, down 1.8% in the past 24 hours.

Bitcoin trades at $116,100 on the daily chart | Source: BTCUSDT on TradingView.com

Featured image from Unsplash.com, 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 19, 2025 0 comments
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Puzzle & Dragons studio claims former executive embezzled $2.35 million of company funds
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Puzzle & Dragons studio claims former executive embezzled $2.35 million of company funds

by admin August 18, 2025


GungHo Online Entertainment, the studio behind Puzzles & Dragons, has claimed that a former senior executive embezzled ¥346 million ($2.35 million) by creating fake work and outsourcing orders to misappropriate company funds.

In a statement released on August 14, 2025 (via Automaton), GungHo Online Entertainment alleged that a former senior executive, who was dismissed for disciplinary reasons, had “engaged in misconduct” over the last few years, including the “misappropriation of company funds through the place of fictitious work orders” (via Google Translate).

“The company became aware of the suspicion of fraudulent activity by the former employee and conducted an initial investigation with the support of forensic teams from external law and accounting firms to determine whether the former employee had engaged in fraudulent activity and to clarify the facts of the matter,” GungHo Online Entertainment wrote in the statement.

GungHo Online Entertainment goes on to allege that, as a result of this initial investigation, it “confirmed” the former employee had embezzled approximately ¥246 million ($1.67 million) of company funds by using a third-party job-ordering service to create “fictitious work orders” which named the company as the client and the former employee as the contractor.

In addition, GungHo Online Entertainment alleges that it “confirmed” the former executive had “fraudulently paid outsourcing fees to a business partner despite the fact that no work had actually been performed,” resulting in a further loss of ¥100 million ($680,000).

In response, the company formed an internal investigation team, led by two independent, external auditors and supported by forensic teams from external law and accounting firms.

The investigation has been conducting interviews with those involved and aimed to provide a “detailed investigation into the facts of the fraudulent conduct in question through digital forensics of the devices used by the former employee.”

The team has also been investigating whether there were any similar cases, “analyzing the causes, and formulating measures to prevent recurrence.”

As a result of this alleged misconduct, the employee in question was dismissed on July 24, 2025.

GungHo Online Entertainment claimed in its statement that the alleged fraud was “maliciously and independently committed by the former employee, who was a senior executive with discretion and authority.” The company also claimed the former employee “engaged in cover-up efforts to avoid detection.”

In the statement, GungHo Online Entertainment revealed that it “has been consulting with investigative authorities and holding discussions regarding filing criminal charges.”

“The company is currently in concrete discussions regarding the acceptance of charges against the former employee and is fully cooperating with the investigative activities of the investigative authorities,” the statement reads.

“Therefore, in consideration of the potential hindrance to the investigative activities, the company will refrain from disclosing the details of this misconduct.”

GungHo Online Entertainment apologised for the “inconvenience and concern” the alleged incident may have caused to relevant parties, but said the impact on the company’s financial results for the fiscal year ending March 31, 2026, is expected to be “minor.”

GungHo Online Entertainment is currently facing a shareholder revolt, with the company due to hold an extraordinary general meeting on September 24, 2025, where shareholders will vote on whether to oust its current CEO and president, Kazuki Morishita.



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August 18, 2025 0 comments
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