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Leoneq iNapGPU
Gaming Gear

Hardware tinkerer fails spectacularly at building the world’s second worst graphics card, accidentally proving even crude TTL hacks can outlast expectations

by admin September 29, 2025



  • Crude GPU design showed random glitches whenever the system attempted memory writes
  • iNapGPU struggled with environmental noise from simple USB cables
  • A 12MHz counter overclocked to 20MHz caused constant instability

An obscure project on GitHub shows how a hardware hobbyist tried to construct what he called the “second world’s worst video card,” a text-mode graphics card using only TTL gates.

Working under the handle Leoneq, he released the “iNapGPU” repository to document his experiment.

His goal was to outdo Ben Eater’s “world’s worst video card” by making something even less practical.


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A minimal design that still exceeded true VGA limits

Despite deliberately using crude methods, he could not reduce the output below a basic VGA resolution.

The project specifications list VGA output at 800 x 600 (actually SVGA) @60Hz, with an accessible resolution of 400 x 300 in monochrome.

The hardware was built from 21 integrated circuits, including counters, NAND gates, and an EPROM working with a small SRAM.

By treating a 1-Mbit EPROM as a 1-bit memory, Leoneq could load up to four character sets of 255 characters each.

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However, using tri-state buffers and a basic counter arrangement led to visual artifacts and poor stability.

Even when using a low-capacity memory and avoiding a microcontroller, the design still could not degrade to something below VGA.

Leoneq admitted that the assembly process was awkward, relying on 0.12mm wire on a protoboard rather than a printed circuit board.


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He described the result as terrible and warned others to “use fpga instead” to avoid similar frustrations.

The HSYNC timer was driven by a 12-bit counter rated for only 12MHz at 15V, yet he pushed it to 20MHz to double Ben Eater’s pixel clock.

He compared only the “ones” of counter outputs instead of full numbers, a shortcut that introduced repeated signals without breaking the display.

The unconventional approach kept the card functional, but it also revealed timing errors and unstable output.

This was never a viable graphics card because image glitches occurred whenever it wrote to memory, as it could not write and read simultaneously.

Also, environmental noise, even from a nearby USB cable, distorted the display.

In addition, the characters lacked clarity due to ROM power and read-time limitations, while unexplained lines appeared in the background.

Leoneq openly labeled the image as ugly and described the entire effort as a “huge waste of time.”

Although the project demonstrated that a crude collection of TTL gates could generate a usable VGA signal, it also shows why modern designers prefer programmable logic like FPGAs.

Leoneq’s repository provides conversion tools and test code for Arduino Mega, but the effort seems more like a technical joke than a practical product.

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September 29, 2025 0 comments
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Bitcoin Fails To Hold $110K, Here’s Why
Crypto Trends

Bitcoin Fails To Hold $110K, Here’s Why

by admin September 27, 2025



Key takeaways:

  • Strong US economic data and rising gold prices shift investor focus away from Bitcoin’s upside.

  • Regulatory uncertainty and vague US Strategic Bitcoin Reserve plans keep BTC price down despite macro tailwinds.

Bitcoin (BTC) failed to reclaim the $110,000 level on Friday, despite high expectations from traders following the monthly BTC options expiry. Hopes for a post-expiry rally were dashed as bearish momentum continued, driven by several headwinds, including macroeconomic data and a possible investigation targeting listed cryptocurrency treasury companies.

The US Commerce Department reported Friday that the Personal Consumption Expenditures (PCE) price index rose 2.7% in August compared to the previous year, matching economists’ forecasts. Persistent inflation is one of the reasons the US Federal Reserve remains cautious about lowering interest rates.

Bitcoin fails to keep up despite gold nearing a record high

Traders have dialed back their expectations for interest rates to fall to 3.75% or lower by the end of the year, based on futures markets.

Implied odds for Dec. 10 US Fed meeting. Source: CME FedWatch

The CME FedWatch tool currently shows a 67% implied probability of two 0.25% rate cuts by year-end, down from 79% just a week ago. Bitcoin traders’ frustrations were further amplified as gold surged to $3,770 on Friday, just 0.5% shy of its all-time high, signaling that investors are leaning toward traditional safe-haven assets amid uncertainty.

The S&P 500 posted gains on Friday after data showed a 0.6% rise in US consumer spending for August. Economists had previously anticipated a slowdown in spending toward year-end, citing rising prices and concerns over a weakening labor market, according to Yahoo Finance.

US annualized gross domestic product (GDP) growth. Source: DerivativePath

A strong US economy tends to support stock markets by driving corporate earnings and lowering perceived risk, particularly amid growing worries about the escalating trade war. US President Donald Trump’s administration recently introduced another round of import tariffs, including a 100% duty on patented pharmaceuticals.

Regulatory pressure and policy delays frustrate Bitcoin traders

Beyond macroeconomic factors, the cryptocurrency market has faced its own challenges, adding further pressure to Bitcoin’s already struggling price.

Largest Bitcoin holdings by public companies. Source: Bitbo.io

A Wall Street Journal report on Thursday revealed that several cryptocurrency treasury firms had been contacted by US regulators. The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority reportedly raised concerns about unusually high trading volumes prior to corporate announcements.

Regulations prohibit public companies from selectively disclosing material, nonpublic information—prompting suspicion over sharp gains in certain listed stocks days before relevant disclosures. “It’s typically the first step in an investigation. Whether it goes full, full length, it’s anybody’s guess,” David Chase, a former SEC enforcement attorney, told WSJ.

Related: Crypto markets are down, but corporate proxies are doing far worse

Traders are also growing increasingly frustrated with the lack of follow-through on the US strategic Bitcoin Reserve plan. Although the Executive Order signed in March referred to “budget-neutral” strategies to accumulate Bitcoin, no concrete steps have been announced. Despite repeated promises to audit the government’s cryptocurrency holdings, no action has been taken.

In the end, Bitcoin’s price continues to face pressure from a favorable macroeconomic backdrop supporting the stock market and mounting uncertainty from a possible SEC investigation and the opaque status of US Bitcoin reserves.

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.



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September 27, 2025 0 comments
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Exchange Review August
Crypto Trends

Avalanche (AVAX) Extends Weekly Losses to 18% as Institutional Backing Fails to Lift Market

by admin September 26, 2025



Avalanche’s native token AVAX fell 8% over the past 24 hours to $27.72, extending a weeklong slide that erased nearly 18% of its value. The drop occurred alongside a broad plunge in crypto markets that’s seen ETH, SOL, DOGE also post double-digit percentage declines over the past week and BTC fall 6%.

AVAX has struggled to break above a resistance level of $30.28 and found only weak support near $27.65. CoinDesk Analytics data shows trading volume sank to 121,896 tokens in early trading Friday, signaling that institutional selling may be slowing but has not yet reversed.

The price slump comes in the wake of Avalanche-aligned corporate initiatives aimed at deepening institutional engagement. Earlier this week, tech company AgriFORCE Growing Systems rebranded as AVAX One and announce plans to raise $550 million to acquire and hold AVAX. The move would make it the first Nasdaq-listed company to focus exclusively on Avalanche’s ecosystem.

The firm assembled a high-profile advisory team led by SkyBridge Capital founder Anthony Scaramucci and Coinbase Institutional’s Brett Tejpaul, positioning itself as a major AVAX custodian. AVAX One aims to hold more than $700 million in the token, a bid to cement its role as a central figure in Avalanche’s growth story.

But for now, the market hasn’t bought in.

The falling price suggests that institutional backers may still be cautious about Avalanche’s long-term positioning. While regulatory approvals for token-related vehicles are pending, they have yet to translate into buying momentum.

Avalanche’s roadmap includes partnerships and enterprise use cases, but these fundamentals have yet to counterbalance the current selling pressure.



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September 26, 2025 0 comments
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Marvel Rivals Season 3: Phoenix gritting her teeth as she's pinned to the ground by Hela, who's out of frame.
Gaming Gear

Marvel Rivals dev’s transparent, 18-minute breakdown of how ranked isn’t rigged fails to placate players who hate losing

by admin August 22, 2025



To prove to the growing number of players who think Marvel Rivals’ ranked mode is rigged or somehow unfair, the official X account dropped a video that reveals a surprising amount of detail about why that’s totes not the case.

Lead combat designer Zhiyong spends a packed 18 minutes explaining the math that determines how high you climb based on ranked wins and how the matchmaking system tries to create fair games. The gist is that Marvel Rivals works like a lot of other competitive games, but because there are six-player teams and a roster of wildly different heroes it has to do some guesswork that won’t always lead to perfectly balanced matches.

It’s true that you might be put on a team with people who aren’t as good as you, but the system takes that into account when calculating how much a win or loss is worth. A player who performs much better than their team and still loses won’t be punished as hard, for example. But as you go up in ranks, personal performance isn’t weighted as heavily in the calculation.


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Your individual performance on a hero is compared to every other player on the same hero at the same rank. The system then combines the averages for all your teammates and determines your team’s total average skill level. In a match where your team’s level is higher than the enemy team’s, you’ll gain fewer competitive points for winning and drop more points for losing.

The matchmaking system tries to match teams with the closest skill levels and will do its best to pit groups of players against other groups rather than people playing solo. But because of the number of variables with server regions and fluctuating skill levels, the teams are rarely perfectly even.

We’ve heard your feedback on matchmaking and ranking in Marvel Rivals, and your voices matter! Check out our Lead Combat Designer, Zhiyong, as he shares our developer insights on the matchmaking and ranking system. Watch the full video to see the systems behind the game! pic.twitter.com/OmErw2WMgUAugust 21, 2025

Anyone who has heard Blizzard talk about Overwatch’s ranked system will be familiar with a lot of this. Marvel Rivals isn’t very different apart from the fact that it doesn’t have a way to queue for a specific role you want to play, which Zhiyong says wouldn’t actually fix the problem of unbalanced matches.

However, Zhiyong doesn’t address what would happen if Marvel Rivals introduced placement matches to calibrate your skill level up front instead of gradually over time. Many players believe that this would make matches fairer when ranks are reset every season. It sounds like the studio has considered it, according to a reply from executive producer Danny Koo on X where he said he’s “on the placement side of things.”

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There aren’t any huge revelations in the video if you’re familiar with competitive games. Zhiyong lays out what looks to be a fairly standard system for hero shooters, and he re-confirms that the game doesn’t use Engagement Optimized Matchmaking (EOMM) that ignores your skill level and feeds you wins to keep you hooked.

Even with the surprisingly in-depth explanation, not everyone is happy. Such is the curse of competitive games, I guess. There will always be players who believe the system is built to punish you with idiot teammates and loss streaks and not that probability plays a larger role than they’d think. Not that there isn’t room for improvement, but assuming there’s a way to achieve perfectly balanced matches for every single player is wishful thinking.

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August 22, 2025 0 comments
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Decrypt logo
GameFi Guides

Nasdaq Boots Windtree a Month After $700M BNB Treasury Pivot Fails to Lift Stock

by admin August 21, 2025



In brief

  • Windtree confirmed its shares will be suspended from Nasdaq trading on Thursday for failing to meet the $1 minimum bid price.
  • Last month, it said it had committed to buy up to $700 million in Binance’s BNB token.
  • Struggling firms pivoting into crypto treasuries may lack substance beyond the narrative, Decrypt was told.

Windtree Therapeutics, a Pennsylvania-based drug developer, is being delisted from Nasdaq, just over a month after its $700 million pivot into a digital treasury firm focused on Binance’s BNB token failed to boost its stock above the exchange’s requirements.

In an SEC filing published Tuesday, Windtree confirmed trading of its stock on Nasdaq would be suspended at the open on Thursday, August 21, for failing to maintain the $1-per-share minimum bid price. Windtree shares are down 77% on the day to just $0.11.

Windtree listed its stock on Nasdaq in May 2020 but has repeatedly struggled to meet listing standards.



The exchange moved to suspend Windtree’s shares after several bid-price violations since at least June 2022, with its third and most recent deficiency warning handed down in December last year, according to a 2023  SEC filing listed by the drug developer.

Windtree and Nasdaq did not immediately return Decrypt’s request for comment.

Late last month, Windtree announced that it would commit and buy up to $700 million in Binance’s BNB token, just a day after that crypto hit a new all-time high.

While Windtree briefly regained its compliance earlier in March this year, it later lost course as a turbulent pullback in the crypto market began rolling over the past week.

Several publicly-listed treasury companies‘ shares have been diving or slowing in lockstep, including stock from KindlyMD, SharpLink, Coinbase, and Strategy, which hit a 4-month low on Wednesday amid a broader crypto stock slump.

As a result of the suspension, the company is moving to the over-the-counter market under the same ticker, WINT. Unlike Nasdaq, which imposes strict listing standards such as minimum bid prices and equity thresholds, OTC venues operate with looser requirements and typically provide less liquidity and visibility.

“Distressed firms face a structural mismatch with DAT models,” Ryan Yoon, senior analyst at Tiger Research, told Decrypt. “While they may initially raise funds despite lacking credibility, subsequent capital raises become increasingly difficult as market skepticism grows.” 

Digital asset treasuries rely on “premium-based funding, but struggling companies can’t sustain NAV premiums long-term,” Yoon said.

Net asset value, or NAV, is the total value of a company’s assets minus its liabilities, expressed on a per-share basis. It shows whether a company’s stock price is higher or lower than the value of its total assets, including those that aren’t from digital assets.

“This creates a reverse flywheel during market downturns: asset decline → forced liquidation → further decline,” Yoon explained.

For one, Yoon points to Michael Saylor’s Strategy as having a “powerful narrative in crypto markets” that has created “a template that struggling public companies attempt to replicate.”

Yet “unlike established DAT firms with operational frameworks,” financially struggling companies suddenly pivoting to become digital asset treasury firms “typically lack substance beyond the narrative itself,” Yoon said.

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August 21, 2025 0 comments
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CryptoZoo Suit Fails to Tie Logan Paul to Collapse: Judge
NFT Gaming

CryptoZoo Suit Fails to Tie Logan Paul to Collapse: Judge

by admin August 19, 2025



YouTuber Logan Paul’s bid to dismiss a proposed class-action lawsuit over his defunct non-fungible token (NFT) project CryptoZoo should be allowed, says a Texas magistrate judge.

Magistrate Judge Ronald Griffin advised an Austin federal court on Thursday that the class group had not sufficiently tied Paul to their claims that they lost money by buying into the CryptoZoo project.

The recommendation could see a federal judge drop the suit unless the class updates it. 

The group is made up of CryptoZoo buyers who first sued Paul and others allegedly tied to the project in February 2023, alleging it was a “rug pull” that promised perks which never materialized.

However, Griffin said the class should be allowed to amend all but one of their 27 claims against Paul, but said a claim alleging he committed commodity pool fraud should be permanently dismissed.

“Mental gymnastics” needed for commodity pool fraud claim

Judge Griffin said in his 75-page report that his recommendation to dismiss the lawsuit’s commodity pool fraud claim came as the court “does not follow Plaintiffs’ logic.”

The class argued that CryptoZoo NFTs were an option contract as they started as “eggs” that “hatch” into animals, which then can be bred with others to create hybrid animals that could be traded.

An example of a CryptoZoo NFT hybrid animal that is a cross between an elephant and a shark. Source: CryptoZoo

“In other words, because purchasers buy CZ [CryptoZoo] NFTs unaware of their value until they hatch, and because the CZ NFT animals can be bred with others to create hybrid NFTs, an option contract is thereby formed,” Judge Griffin wrote.

“The mental gymnastics required to come to this conclusion are truly dizzying,” he added. “Plaintiffs do not explain—nor can the Court understand—how their purchases of CZ NFTs create option contracts or contracts for future delivery.”

Other claims fail to tie in Paul 

Judge Griffin said that the lawsuit failed to properly connect Paul to the 26 other claims made against him, saying they hadn’t yet shown evidence that he directly and personally benefited from CryptoZoo’s collapse.

The lawsuit brought claims of fraud, unjust enrichment, negligence, breach of contract, fraud conspiracy, aiding and abetting fraud and breaches of consumer law in multiple states, among others.

Judge Griffin said in some cases the complaint gave “only fragments of facts accompanied by vague attributions of conduct to ‘Defendants’” or looked to “jam together two pieces of different puzzles in the vain hope of producing a final, cohesive product.”

“Unfortunately, the caselaw does not support this tactic.”

Paul refunded CryptoZoo buyers

The class group sued Paul and CryptoZoo co-founders Eduardo Ibanez and Jake Greenbaum in 2021, and Paul alleged in January 2024 that the duo conned him, causing CryptoZoo’s collapse, which Judge Griffin urged the court in July to rebuff.

Related: Digital Currency Group sues subsidiaries over $1.1B promissory note 

In January 2023, Paul promised to make a plan for CryptoZoo and put aside $2.3 million for refunds for CryptoZoo buyers a year later under the condition that claimants agreed not to sue over the project.

Buyers were refunded 0.1 Ether (ETH), the same amount the CryptoZoo NFTs were originally sold for in 2021.

Magazine: Influencers shilling memecoin scams face severe legal consequences 



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August 19, 2025 0 comments
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Shaurya Malwa
NFT Gaming

Golden Cross Fails to Lift DOGE as Sellers Overwhelm Rally

by admin August 18, 2025



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

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

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



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August 18, 2025 0 comments
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