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Crypto
NFT Gaming

IRS Loses Top Crypto Enforcer After Only 90 Days on the Job

by admin August 24, 2025


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

Trish Turner’s sudden exit from the IRS digital assets unit has sharpened attention on how the US will handle crypto tax enforcement going forward.

Based on reports, Turner stepped down roughly three months after taking the post, closing out a career that spanned more than 20 years at the agency.

What The Resignation Signals

According To LinkedIn posts and media reports, Turner said she looks forward to “continuing this mission from a new vantage point” and to building ties between industry and regulators.

Reports have disclosed she will join the crypto tax firm Crypto Tax Girl as tax director, a move confirmed by founder Laura Walter.

Bloomberg Tax first reported the hire. For industry players, the move is a reminder that public-sector know-how is in high demand in the private market.

Turnover At The Top

Turner follows two prior leaders who left the IRS crypto unit after roughly a year. Sulolit “Raj” Mukherjee and Seth Wilks both exited before Turner’s appointment in May.

That pattern raises questions about leadership continuity as Congress and oversight bodies push for clearer policy and improved enforcement.

On July 11, House committee leaders scheduled hearings aimed at creating a formal tax policy framework for digital assets. These hearings will test the IRS’s ability to keep up while staff and senior leaders change.

BTCUSD currently trading at $114,654. Chart: TradingView

Political And Oversight Pressure

Several recent developments have fed the urgency around crypto tax work. On July 4, US President Donald Trump signed a joint resolution that rolled back a Biden-era rule requiring some DeFi protocols to report transactions to the IRS.

On April 11, the US Treasury Inspector General for Tax Administration urged reforms after finding failures in how IRS criminal investigators handled digital-asset cases.

And in March, the Department of Government Efficiency, or D.O.G.E. proposed cutting the IRS workforce by 20%, a plan that would reshape capacity across the agency.

Industry Reaction And Next Steps

Economist Timothy Peterson greeted Turner’s move with levity, saying, “Trish Turner left the Dark Side to become a Crypto Jedi Knight.”

The quip points to a wider trend: regulators are being recruited by private firms that need help navigating new tax rules and growing compliance demands.

IRS Director Trish Turner left the Dark Side to become a Crypto Jedi Knight. Also to make 10X what the IRS paid her. Bio listed within hours. Don’t hate on her. One less of them. One more of us. pic.twitter.com/AgzjXWn1I9

— Timothy Peterson (@nsquaredvalue) August 22, 2025

For taxpayers and companies, that means better access to specialist advice. For the IRS, it may mean a steeper challenge in keeping institutional knowledge inside the agency.

What Comes After Turner

Based on reports, Turner did not list a start date in her announcement. The IRS has not publicly detailed a replacement plan.

With hearings planned and inspector general recommendations on the table, the agency’s work on digital assets is unlikely to slow.

How quickly leadership is restored, and whether the IRS can retain senior talent, will matter to lawmakers and to the businesses that must follow evolving tax rules.

Featured image from Getty Images, 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 24, 2025 0 comments
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Crypto Trends

Bitcoin ETFs Shed $1 Billion in Five Days Amid Ethereum Comeback

by admin August 24, 2025



In brief

  • Bitcoin ETFs are experiencing a significant sell-off, with over $1.1 billion in outflows over the past five days as investors de-risk ahead of the Jackson Hole symposium.
  • Ethereum ETF flows have bucked the bearish trend, with a strong inflow on August 21.
  • Crypto market remains highly volatile with significant liquidations and key price levels in play, as traders await clarity on the Fed’s interest decision.

Bitcoin ETFs continued their five-day streak of outflows, shedding over $1.1 billion in the past week as investors de-risk ahead of U.S. Federal Reserve Chairman Jerome Powell’s final address at Friday’s Jackson Hole symposium.

This widespread sell-off in risk-on assets has coincided with a 10% crash in Bitcoin’s price since its August 14 all-time high of $124,545.

U.S. equities have also suffered a similar fate, with the S&P 500 index down 1.72% since its own high on August 13.

The large-scale de-risking across ETFs and cryptocurrency markets can be attributed to a concerning inflation data released in August, leading to a significant shift in the market’s rate cut perspective.

The rate cut odds, as a result, have dropped from 90% to 75%, triggering an outflow spree in Bitcoin ETFs.

Ethereum ETF flows, however, have bucked the bearish trend, noting a $286.7 million inflow on August 21, ending the four-day outflow streak.

“Ethereum is going through one of the strangest weeks these days,” Arthur Azizov, Founder and Investor at B2 Ventures, told Decrypt.

The market is “stuck between adoption and stress,” Aziziv said, highlighting the buyers’ inability to move prices despite positive news like BTCS’s plan to pay dividends in Ethereum.

The recent $3.8 billion in staking validator exits have added selling pressure to Ethereum, said Azizov, but clarified that the long-term institutional trend is a “key tailwind” since these large investors control 5% of Ethereum’s supply, which helps “tightens the float.”

As investors speculate on what Powell might say, volatility is likely to remain elevated.

The sudden drop in Bitcoin’s price, which trades around $112,500, caused over $100 million in liquidations over the past hour alone, with $317 million worth of positions forced to close in the past 24 hours, according to CoinGlass data.

Options data on Deribit shows a high concentration of trading around the $120,000 and $110,000 strike prices, indicating a strong battle for control at those levels ahead of Powell’s highly anticipated speech.

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August 24, 2025 0 comments
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A slot machine showing winning reels
Gaming Gear

‘Silksong lol’: CloverPit devs delay the slot machine Balatro-like by 23 days to escape the blast radius of Silksong’s launch

by admin August 22, 2025



You know what they say: The best laid plans of mice and men sometimes get abruptly derailed by a surprise launch announcement. Thanks to yesterday’s reveal that Silksong’s release date is only two weeks away, CloverPit developer Panik Arcade has decided to push back the launch of the slot machine roguelite to dodge the all-consuming attention singularity that we can safely expect the Hollow Knight sequel to be.

Panik Arcade announced the change of plans in a Steam news post titled “We have to delay CloverPit a bit (Silksong lol)!” Rather than its original release date of September 3, CloverPit will now launch on September 26.

(Image credit: Future Friends Games)

“Silksong is the most anticipated and wishlisted game on all of Steam and we think people will love this game and play it right at launch (including us) but that also means it will overshadow all games launching close to it,” Panik Arcade said. “So if we stick to our original date we would risk the launch of CloverPit a fair bit.”


Related articles

My sympathies go out to any devteam that’s had to reevaluate their launch plans after unknowingly choosing a release date within the Silksong gravity well, but CloverPit’s case is particularly tragic: Its original release date was announced just nine days ago. It had a delightful trailer to go along with it and everything. Luckily, Panik Arcade seems to be taking it in stride.

“We poured our hearts into our little game so of course we want to give it the best possible shot,” Panik Arcade said. “We hope you can understand—we’ll use the extra time of course to polish the game even further and we hope for your support at launch either way.”

(Image credit: Future Friends Games)

After playing the CloverPit demo, I’m eager to get my hands on the full version whether it launches in 12 days or 35. It’s got that Balatro-style multiplier-stacking juice, a magnificently grody aesthetic, and an understanding that gambling is the enterprise of hungry, uncaring devils. Plus, it makes fun lights when you win! If it means CloverPit gets a better shot at its time in the spotlight, I’m content with a slightly longer wait.

CloverPit launches on Steam on September 26. Hopefully we’ll all have recovered from the collective Silksong mania by then.

Keep up to date with the most important stories and the best deals, as picked by the PC Gamer team.



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August 22, 2025 0 comments
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Bitcoin
Crypto Trends

Is Bitcoin’s Four-Year Cycle Still Alive? Analyst Hints At An Eventful 100 Days Ahead

by admin August 17, 2025


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

The “Bitcoin cycle theory is dead” is one narrative that has gained increased traction as the year has gone on, especially with the premier cryptocurrency setting multiple all-time highs since April. This hypothesis is based on the shift in the market dynamics and the entry of a new group of investors.

Since the launch of Bitcoin exchange-traded funds (ETFs) in early 2024, the market has seen the entry of a new set of institutional players. This new trend or wave of investors is believed to have introduced some form of unpredictability to the market and price movements.

Nevertheless, a market analyst on X has asked an interesting question — what will happen if the traditional four-year cycle continues?

BTC Price Could Reach Cycle Top In 100 Days

In an August 16 post on social media platform X, a market analyst—bearing the name of renowned American economist Frank Fetter—shared an insight into how the Bitcoin price could move if the four-year cycle continued. According to the pundit, the next 100 days could be interesting for the flagship cryptocurrency.

This evaluation revolves around the Bitcoin Index Performance Since Cycle Low, which tracks the performance of the BTC price in various 4-year periods. This chart displays the cyclical nature of most financial markets, including the nascent cryptocurrency market.

Fetter highlighted a Bitcoin Index Performance chart in their post, showing the movement in the past two cycles (2015 – 2018 and 2018 – 2022) and the current cycle. As shown in the chart below, the price of BTC grew by 110x in the 2015 – 2018 cycle (green line) and took 1,068 days to reach its top.

Source: @FrankAFetter on X

Similarly, the price of Bitcoin reached the cyclical peak in 2022, 1,060 days after the cycle low in 2018. However, the premier cryptocurrency only did 21x in the 2018 – 2022 cycle (blue line), reflecting a more mature and stable market environment.

In the current cycle (black line), the price of BTC is up by 7.3x from its 2022 cycle low, which was 997 days. If the traditional four-year cycle theory is still in play, it means that the market leader could be about 100 days away from reaching its price top in this cycle. From an optimistic standpoint, this means that BTC might still have one leg up before peaking.

However, a continuous rally or sustained bullish momentum even after 100 days from now could spell the end of the cycle theory for the Bitcoin price. This shift in market structure could translate into longer bull runs and shorter bearish periods for the world’s largest cryptocurrency.

Bitcoin Price At A Glance

As of this writing, the price of Bitcoin stands at around $117,625, reflecting a mere 0.3% increase in the past 24 hours.

The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView

Featured image created by 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 17, 2025 0 comments
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US Bitcoin ETFs record 11 consecutive days of net inflows despite macro jitters
NFT Gaming

US Bitcoin ETFs record 11 consecutive days of net inflows despite macro jitters

by admin June 25, 2025



U.S. spot Bitcoin exchange-traded funds neared a two-week inflow streak on Tuesday, as geopolitical tensions eased and institutional interest continued to drive demand.

According to data from SoSoValue, the 12 U.S. spot Bitcoin ETFs drew a combined $588.55 million in inflows on June 24. This marked the strongest single-day performance in over a month and extended the current streak of consecutive inflows to 11 days, totaling more than $3.3 billion.

BlackRock’s IBIT led the day with $436.32 million in inflows, accounting for nearly three-quarters of the total. Fidelity’s FBTC and ARK Invest’s ARKB followed with $85.16 million and $43.85 million, respectively. Bitwise’s BITB, Grayscale’s GBTC, and VanEck’s HODL collectively brought in $23.22 million. Notably, several smaller funds recorded no inflows on the day.

The spike in inflows coincided with a shift in macro sentiment, driven largely by geopolitical developments.

On June 24, U.S. President Donald Trump announced that Iran and Israel had agreed to a ceasefire, emphasizing that both parties must strictly adhere to the terms. The ceasefire, following nearly two weeks of escalating hostilities, alleviated fears of broader conflict and its potential economic fallout, particularly rising oil prices and inflationary pressure.

Bitcoin (BTC) responded positively to the news, surging 6.1% to reclaim the $106,718 level at press time. The move above the psychologically important $105,000 level appeared to validate bullish momentum, with market participants interpreting the ceasefire as a temporary de-risking event.

Meanwhile, recent regulatory developments have also helped lift market sentiment. On June 23, the Federal Reserve removed the term “reputational risk” from its bank supervision guidelines. The change is seen as a structural shift that may reduce barriers preventing banks from offering services to digital asset firms.

Industry experts believe this adjustment could accelerate the integration of crypto within traditional financial systems, particularly in banking infrastructure.

Institutional appetite for Bitcoin also appears to be accelerating. MicroStrategy’s Michael Saylor recently added $26 million worth of Bitcoin to its treasury, pushing its total holdings to 592,345 Bitcoin.

This trend is being mirrored by a growing number of new and established public firms exploring similar treasury strategies. 

For instance, veteran investor Anthony Pompliano recently unveiled ProCap, a new Bitcoin treasury firm that aims to accumulate $1 billion worth of Bitcoin. ProCap has already acquired 3,724 Bitcoin for roughly $387 million.

Further reinforcing this institutional pivot, Trump Media filed with the SEC to list the “Truth Social Bitcoin and Ethereum ETF” on the New York Stock Exchange. The proposed ETF would allocate 75% of its assets to Bitcoin and 25% to Ethereum, marking a high-profile attempt to gain a foothold in the growing digital asset fund landscape.

Commenting on market dynamics, Komodo Platform CTO Kadan Stadelmann told crypto.news that despite macro jitters, “buyers are taking advantage of dips and accumulating.”

“Market volume suggests significant market activity. Demand will almost certainly remain strong, especially as companies continue to announce they are starting Bitcoin Treasuries, the latest of which is Donald Trump’s Truth Social,” Stadlemann said.

According to a new report by Bybit on portfolio allocation trends, Bitcoin now makes up 30.95% of the average investor’s portfolio, up from 25.4% in November 2024, a sign that investors increasingly view the benchmark cryptocurrency as a mature asset rather than a purely speculative play.



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June 25, 2025 0 comments
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Bitcoin (BTC) Breaks Out: What's Next? XRP: 5 Days Left for It, Dogecoin (DOGE): On Verge of Plummeting
Crypto Trends

Bitcoin (BTC) Breaks Out: What’s Next? XRP: 5 Days Left for It, Dogecoin (DOGE): On Verge of Plummeting

by admin June 21, 2025


  • XRP’s key moves
  • Bitcoin is alive

As Dogecoin gets closer to what could be its last line of defense on the charts, it is skating on thin ice. Although the asset has been kept above a complete collapse thus far by the critical support level at $0.17, waning market interest and waning momentum are sending alarming signals everywhere.

After an extended downward trend that started in early June, DOGE is currently trading around $0.1704 from a technical perspective. With the 50 EMA (blue) and 100 EMA (orange) serving as overhead resistance, price action has been resolutely bearish and has failed to regain any of the major moving averages despite a brief attempt at a bounce around the $0.18 zone.

DOGE/USDT Chart by TradingView

The fact that the 200 EMA is still well above the present level emphasizes how far away any meaningful recovery is. Trading volume has been steadily declining, which is more concerning than the price alone. The daily chart’s volume bars have been getting smaller for weeks, which suggests that buyers are not as convinced. This type of volume collapse frequently signals capitulation in which investors give up and liquidity evaporates, opening the door for sharp declines. 

The next likely support is at $0.14 if DOGE is unable to hold $0.17, but even that could be in jeopardy given the present lack of market interest. Should the market fall below these thresholds, psychologically debilitating zones could emerge around $0.10; worse, DOGE might even add a zero, falling below the 10 cent mark for the first time in months.

XRP’s key moves

XRP is quickly approaching a pivotal point. Since early June, a symmetrical triangle pattern has been forming on the asset’s daily chart, and it is currently consolidating within it. Although neutral by nature, this technical formation is approaching its peak, so it will be about five days before a clear breakout or breakdown occurs. At the moment, XRP is trading at about $2.17, just above the 200-day moving average, which serves as a last line of defense for bullish enthusiasm.

A typical pre-breakout volatility squeeze is reflected in the price’s declining volume as it stays compressed between descending resistance and ascending support. Since symmetrical triangles are frequently used as continuation or reversal setups, they have historically produced sharp directional moves, particularly when they form following a significant trend.

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The fact that the RSI indicator is still neutral and hovers just above 45 indicates that neither bulls nor bears are clearly in control. Nonetheless, a cautious picture is painted by the declining upward thrust and the absence of aggressive buying volume.

The tightening triangle structure is what makes this five-day window crucial. The price action may accelerate quickly after it exits the formation. We might see a quick retracement down to $1.95 or even $1.80, which are the locations of historical support zones if XRP is unable to maintain the reaching trendline support and the 200-day MA around $2.09.

Conversely, breaking above the triangle’s resistance and regaining important levels like $2. 24 would refute the bearish thesis and possibly spur a rally toward the $2.40-2.50 region. In the days ahead, traders and investors should expect a spike in volatility.

This period of uncertainty will not last long because XRP’s symmetrical triangle is winding tighter and the market will react appropriately once the pressure valve opens. Either way, XRP is getting ready for a big move. 

Bitcoin is alive

After a period of consolidation, Bitcoin is finally displaying signs of strength once more. It has broken out of the $106,000 price range, which has been a psychological barrier and resistance level for the past few weeks. Although the breakout is still in its early stages, market players are becoming cautiously optimistic, particularly given that Bitcoin is currently trading at about $105,900.

The successful test and bounce off the 26-day Exponential Moving Average (EMA), which served as dynamic support during Bitcoin’s April surge, is the primary technical signal that supported this move. A possible push toward the $110,000 mark that currently delineates the upper boundary of Bitcoin’s descending triangle formation is made possible by this breakthrough, which indicates that bulls are regaining control. 

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The price action is tight and steady, indicating accumulation rather than distribution, but the volume is still a little muted in comparison to major impulsive phases. The next battleground will be the $110,000 ceiling if buying pressure continues to rise. The short-term downward trend would be invalidated by a clear break above it, which would also probably encourage institutional and retail participants to begin moving again.

The psychological and technical support at around $102,000 is the next best line of defense on the downside after the 26 EMA at about $104,500. The bullish scenario remains intact as long as Bitcoin stays above these zones. Given the persistent geopolitical and monetary policy tensions, Bitcoin’s ability to withstand market uncertainty lends weight to this breakout in terms of macro sentiment. Bitcoin is now approaching a point where volatility could increase significantly due to whales’ ongoing accumulation and the gradual waning of fear.



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June 21, 2025 0 comments
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The heroes of 28 Years Later being chased over the causeway.
Esports

28 Years Later quickly breaks 28 Days Later record after first reviews

by admin June 19, 2025



28 Years Later has been hailed as one of the best movies of 2025, and it’s already broken one of 28 Days Later’s records before its release.

The long-awaited film, directed by Danny Boyle and written by Alex Garland, picks up – you guessed it – 28 years on from the events of the first movie.

While Cillian Murphy is expected to return in the next sequel (titled The Bone Temple), this movie will follow new characters; specifically, Spike (Alfie Williams), the son of Jamie (Aaron Taylor-Johnson), and Isla (Jodie Comer). They live on a small island linked to the rest of the country by a single causeway, but they’re forced to venture back onto the mainland.

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Considering the original film is one of the best horror movies of all time (28 Weeks Later is good too), expectations have been high for 28 Years Later – and, if anything, it appears to have exceeded them.

28 Years Later is rated higher than 28 Days Later on Rotten Tomatoes

Sony/Searchlight

28 Years Later is Certified Fresh on Rotten Tomatoes with a 94% score. That’s a big achievement, considering 28 Days Later has an 87% score.

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28 Weeks Later is widely considered to be the worst film in the series – but even then, that still has a 72% score.

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It’s also Danny Boyle’s highest-rated movie on Rotten Tomatoes, followed by 127 Hours (93%), Slumdog Millionaire (91%), and Trainspotting (90%).

In our review, we wrote: “There are moments where 28 Years Later awkwardly combines genres, with comedy and tragedy rubbing shoulders with action and horror, sometimes in the same scene. But the movie works best when telling a simple story of the love between mother and son.”

This won’t be the last record set by 28 Years Later, either. The first film grossed $84.6 million worldwide, while its sequel made $65.8 million.

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28 Years Later is practically guaranteed to make more than that. As per Deadline, it’s looking at a $56 million opening weekend. With word of mouth already strong, it could have long legs into July, though it’ll have to retain theatrical space alongside Jurassic World, Superman, and Fantastic Four.

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28 Years Later hits cinemas nationwide on June 20, 2025. Check out the movie’s ‘dark web’ website, why 28 Years Later cost nearly 10 times more than the original film, and our list of the best zombie movies of all time.

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June 19, 2025 0 comments
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NFT Gaming

Civil Rights Group Gives Elon Musk’s xAI 60 Days to Fix Alleged Clean Air Act Violations

by admin June 19, 2025



In brief

  • xAI allegedly operates 26 or more gas turbines without required permits or pollution controls.
  • Thermal imeges show turbines running despite the company claiming they weren’t operational.
  • Groups estimate turbines could emit up to 2,000 tons of nitrogen oxides annually if no controls are placed.

In Memphis’s Boxtown neighborhood, where cancer rates soar up to four times more than the national average, residents face a new threat.

Thermal images allegedly show how gas turbines from xAI’s facility pump toxins into already polluted air, prompting a civil rights group to give Elon Musk’s AI lab a deadline: install pollution controls, or face a lawsuit.

In a letter, attorneys for the NAACP, via the Southern Environmental Law Center, accused xAI of running 26 unpermitted gas turbines at its Memphis supercomputer site. The company has 60 days to address the alleged Clean Air Act violations.

“We cannot afford to normalize this kind of environmental injustice,” Derrick Johnson, president and CEO of the NAACP, said in a statement. “We will not allow xAI to get away with this.”

Decrypt has reached out to xAI for comment.

Data centers that supply AI computing power are power-intensive and require a constant supply of electricity. Energy consumption from AI facilities is expected to account for 49% of global data center electricity usage by the end of 2025, surpassing even Bitcoin’s energy consumption.

The civil rights organization alleges that xAI’s turbines have the potential “to emit more than 2,000 tons of smog-forming nitrogen oxides” annually, which could make it the largest industrial source in Memphis.

However, due to slower clean-energy deployments, the rising demand is primarily met by utilizing fossil fuels such as natural gas and coal.

Thermal imaging conducted in April purportedly revealed nearly all turbines were operational, contradicting xAI’s claims. The NAACP noted that proper pollution controls could reduce emissions to approximately 177 tons annually, which is less than 10% of current levels.

Local officials, including Memphis’s mayor and the Shelby County Health Department, allegedly claim that a “364-day exemption” applies to xAI’s turbines, the NAACP said, adding that despite these claims, they haven’t identified which specific exemption would cover turbines based on the size of xAI’s operations.

The emissions projections are more concerning given how Memphis ranks as the fifth most prone metro area, according to a 2025 report by the Asthma and Allergy Foundation of America.

If negotiations fail and a lawsuit proceeds, xAI could face injunctions halting its operations, as well as substantial fines for each violation.

Edited by Sebastian Sinclair

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June 19, 2025 0 comments
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JD.com’s global stablecoin push aims to shave days off cross-border payments
NFT Gaming

JD.com’s global stablecoin push aims to shave days off cross-border payments

by admin June 17, 2025



With a push for stablecoin licenses worldwide, JD.com Chairman Liu Qiangdong wants fiat-pegged tokens to do what banks can’t: settle in seconds. His vision calls for 10-second settlements across continents, anchored in licensed stablecoins and JD’s own e-commerce empire.

Technology-driven eCommerce company JD.com is reportedly seeking stablecoin licenses across major economies, with Chairman Liu Qiangdong revealing plans to revolutionize cross-border payments during a June 17 corporate sharing session.

In a Monday briefing reported by Sina Technology, Qiangdong laid out an ambitious plan to leverage blockchain-based stablecoins to slash international transaction times from days to seconds, while reducing costs by 90%. If successful, the move would pose the first real challenge in decades to SWIFT’s stranglehold on global corporate transactions.

“Now it takes an average of 2 to 4 days to transfer money between companies, and the cost is quite high. After we complete the B-end payment, we will penetrate into the C-end payment. We hope that one day everyone can use JD stablecoin to pay when consuming around the world,” Liu Qiangdong said.

JD.com’s stablecoin ambitions didn’t emerge in a vacuum. Through its subsidiary Jingdong Technology, the company has quietly operated within Hong Kong’s fintech sandbox since Q1 2024, piloting stablecoin use cases for cross-border supplier payments.

At the core is Zhizhen Chain, JD’s proprietary blockchain platform, which already handles over $7 billion annually in supply chain finance transactions. Unlike speculative crypto projects, JD’s approach mirrors Ant Group’s methodical strategy: deploy blockchain internally first, then monetize the rails.

JD.com now joins a high-stakes race with Chinese rival Ant Group, which is pursuing its own Hong Kong stablecoin license, and Western giants testing the waters. Amazon has reportedly explored a stablecoin for marketplace settlements, while Walmart’s blockchain patents suggest similar plans.

But JD’s advantage lies in its captive ecosystem. With nearly 600 million active users and a logistics network spanning 20 countries, it could onboard merchants to its stablecoin by mandate, much like Alipay dominates Chinese payments.



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June 17, 2025 0 comments
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Amazon Prime Day 2025 stretches to four days of deals
Gaming Gear

Amazon Prime Day 2025 stretches to four days of deals

by admin June 17, 2025


Amazon has announced the dates when its annual Prime Day deal extravaganza will kick off, and it’s happening for much longer than usual. It starts Tuesday, July 8th, at 3AM Eastern and lasts through Friday, July 11th, at the same time. And, instead of being a two-day event that’s exclusive to Prime subscribers, it’s happening for four days in 2025. We will, of course, be reporting for deal duty for the duration, supplying only on the discounts that matter to Verge readers.

Four days is a very long time, and we currently don’t know if Amazon plans to blast out the majority of good deals on day one, or divvy them out evenly across the event’s duration. At least, it will attempt to organize the deals with a new “Today’s Big Deals” feature for subscribers, which recaps the biggest deals across various categories.

We expect to first see deals arrive on Amazon’s own suite of devices, including Echo smart speakers, smart displays, and other smart home gear. This includes its Kindle lineup, as well as its Fire TV streamers and TVs that run its entertainment-focused OS. Amazon teased some of its early deals beginning soon, which include its lowest price yet on the Blink Mini 2 two-pack as well as the Ring Battery Doorbell bundled with the Ring Floodlight Cam Wired Plus. It also plans to offer the eero 6 Plus mesh Wi-Fi router system, the Fire HD 8 Plus tablet, and more products at up to half off.

Once Prime Day begins, deals will expand to include other popular manufacturers that Verge readers care about. Every company under the sun typically takes part in Prime Day on both big-ticket gadgets and affordable tech. We’ll be covering the best deals on TVs, laptops, headphones, tablets, video games, PC accessories and components, and so much more.

To reiterate, Prime Day deals are only for Prime subscribers, so you’ll need a subscription to participate (even if it’s a trial). For those who are between the ages of 18 and 24, you can get a six-month subscription for free, with it renewing after that period at $7.49 per month (half the normal cost of Prime).

If you’re unsure as to whether you’ll have time to peruse all of the deals with us, you can opt to get a tidy email digest of only the top deals, both on a regular basis and during Prime Day, by subscribing to our Verge Deals newsletter below.



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June 17, 2025 0 comments
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