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Trump Media Files to Launch Truth Social Bitcoin and Ethereum ETF

by admin June 16, 2025

In brief

Trump Media filed with the SEC for approval to launch a dual Bitcoin and Ethereum ETF under the Truth Social banner.
The firm is working with Yorkville America Digital and Crypto.com on its ETF plans, including a previous Bitcoin fund filing.
Trump Media recently raised $2.4 billion with plans to establish a Bitcoin treasury.

Trump Media and Technology Group, via partnered firm Yorkville America Digital, filed with the SEC to launch a joint Bitcoin and Ethereum ETF, according to a Monday filing.

The filing proposes a holdings ratio of 75% Bitcoin and 25% Ethereum, with Crypto.com acting as the custodian, execution agent, and liquidity provider.

“The launch of the Truth Social Bitcoin and Ethereum ETF is pending effectiveness of the registration statement as well as approval of a Form 19b-4 filing with the SEC. Upon launch, the shares will be listed on NYSE Arca,” a statement from Trump Media reads.

The filing is not the first connection for Trump Media and Yorkville, which previously sponsored the entity’s filing for a standalone Bitcoin ETF in early June called the Truth Social Bitcoin ETF.

Much like that filing, the fund was registered as a Nevada business trust rather than a Delaware statutory trust, like many ETFs.

In addition to those two filings, the pair and Crypto.com aim to offer a suite of “America First” products, like the America First Bitcoin Fund (AFBF), America First Blockchain Leaders Fund (AFBLF), and the America First Stablecoin Income Fund. To date though, only the Truth Social Bitcoin ETF and the Truth Social Bitcoin and Ethereum ETF have SEC filings.

The latest filing furthers the Trump Media and Technology Group’s growing entwinement with crypto. In late May, it raised $2.4 billion to start its own Bitcoin treasury, though the company has yet to announce any BTC acquisitions.

Prior to that, President Trump’s firm—which operates social media site Truth Social, a streaming platform called Truth+, and a financial technology brand called Truth.Fi—teased that it may launch its own wallet and token.

Furthermore, Trump’s family has become connected to a variety of crypto projects as the President’s administration loosens restrictions on the industry.

Famously, the President launched an official meme coin on the Solana blockchain back in January, just days before his inauguration. Prior to that was the launch of Ethereum DeFi protocol World Liberty Financial, which has since launched its own governance token and stablecoin.

The President’s sons, notably Eric and Donald Jr, have also had a heavy hand in the crypto industry. The pair backed Bitcoin mining firm American Bitcoin and each has connections to Trump Media and World Liberty Financial, among other crypto ventures.

A new disclosure shows that the President made over $57 million from World Liberty Financial, a note which further crescendos the criticism from bipartisan lawmakers about his crypto dealings.

Shares of Trump Media and Technology Group (DJT), are down nearly 2% on the day to $19.18.

Edited by Andrew Hayward

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June 16, 2025 0 comments

Game Updates

Epic Games continues war against Fortnite cheaters, files lawsuit against another cheat developer

by admin June 12, 2025

Epic Games has announced publicly it has filed a lawsuit against an individual it alleges has developed and sold cheats for Fortnite.

This latest venture in Epic Game’s ongoing war against those who create, sell, and use cheats was announced via the company’s own Twitter account. There, the company posted:

“We filed a new lawsuit against an individual who developed and sold cheating software that helped players see through walls and auto aim. We’re also going after people who helped sell this software. Creating and selling software to help others cheat is against the rules and we’ll keep fighting to keep it out of Fortnite.”

A new Fortnite season was revealed recently. Check it out!Watch on YouTube

According to Polygon, the lawsuit has been filed in the U.S. District Court for the eastern district of North Carolina where the company is headquartered. It alleges Ediz Atas, also known as Sincey Cheats and Vanta Chearts, has been making and selling cheats since “at least January 2023”.

Epic alleges in the lawsuit that after DMCA takedowns were issued to YouTube videos featuring these cheats, “Sincey Cheats sent multiple emails to YouTube’s designated copyright agent impersonating an Epic employee and falsely claiming that Epic wanted to ‘formally reverse [its] claim of copyright infringement'” by using fake Epic Games email addresses.

Epic also claims its has issued tens of thousands of bans against Fortnite accounts that used cheats from Sincey Cheats since 2022, including over 15,000 bans on US-based Fortnite accounts.

The lawsuit is also asking for compensation for damages from five unnamed individuals who distributed these cheats over platforms like Discord and Telegram. The amount is unknown.

In case you didn’t know, Epic Games has proven especially litigious when it comes to Fortnite cheaters. In 2022 Epic forced a cheat creator to pay up in Australian court following a legal victory, donating the winnings to charity.

Epic also sued a player who used cheats during a massive multi-million dollar tournament to give back any prize money they won, and make a cathartic public apology to boot!

The company is not alone in its struggle against cheats. Activision has also been fighting against cheats, winning £11.3m in court against a Call of Duty cheat maker. Bungie has been in those trenches too, winning a $4.4m lawsuit against Destiny cheat seller Aimjunkies.

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June 12, 2025 0 comments

Product Reviews

Learn How to Archive Files in Linux with TAR

by admin June 11, 2025

Compressing files is a quick and easy way to archive and group files. There are many occasions where archives are useful, a driver download, file backup or Linux distro download. In this how-to we’ll look at various commands to create and extract data from compressed and uncompressed archive files.

Whilst you become accustomed to these commands it’s good to work with example test files and directories and you should take extra care to ensure you are carefully following the instructions.

All the commands in this how-to will work on most Linux machines. We’ve used an Ubuntu LTS install but you could run this how-to on a Raspberry Pi. All of the how-to is performed via the Terminal. You can open a terminal window on most Linux machines by pressing ctrl, alt and t.

Working with TAR archives

(Image credit: Tom’s Hardware)

When using Linux systems you are likely to come across tar archives as well as ZIP archives. It’s useful to practice creating .tar archives and also how to extract from a tar archive. Also of note is that sometimes TAR archives are referred to as tarballs. Tar archives in their standard form have the .tar suffix but these archives are not compressed. Compression is added using different tar compression tools which is why you will see tar archives with extra suffixes such as .tar.xz or .tar.gz.

To create or extract from these compressed archives you need additional arguments added to the tar command. We’re going to use two of the most popular compression methods, gzip and bzip2 along with a tar archive that has no compression.

Using a TAR archive

1. Open a new terminal window. This will open to our home directory.

2. Create a .tar file. Using test_directory as a target we’ll make a standard uncompressed .tar archive. This kind of archive is useful to group small files, such as logs into a single archive.

$tar cf test_archive.tar test_directory

(Image credit: Tom’s Hardware)

Extracting TAR archives is straightforward. Instead of adding the c argument to create an archive we replace it with the x argument. We again need to add arguments that respond to the type of compression tool the archive was created with. When we extract from our 3 archives we would be creating duplicates of the test_directory contents so we will delete this directory each time we extract the next archive.

1. Delete the test_directory folder.

rm -r test_directory

2. Extract the standard .tar archive. After extracting the archive use ls to check the archive has been extracted.

tar xf test_archive.tar
ls

Using Gzip Compressed TAR Files

A gzip compressed tar archive (tar.gz) is one of many popular compression tools for TAR archives and it is common to find a .

1. Create a gzip archive by adding the z argument to the tar command.

tar czf test_archive.tar.gz test_directory

To extract a gzip compressed tar archive we need to add the z argument to identify that the archive uses the gzip compression method.

2. Delete the test_directory folder.

rm -r test_directory

3. Extract the gzip compressed tar archive using the z argument. Then list the directory contents to show that test_directory has been created.

tar xzf test_archive.tar.gz
ls

Using Bzip2 Compressed TAR Files

Another alternative compression method for a tar archive is bzip2, which is invoked using the j argument. Archives typically end with either a tar.bz2 or tbz suffix.

1. Create a bzip2 archive by adding the j argument to the tar command.

tar cjf test_archive.tar.bzip2 test_directory

To extract a bzip2 compressed tar archive we need to add the z argument to identify that the archive uses the gzip compression method.

2. Delete the test_directory folder.

rm -r test_directory

3. Extract the bzip2 compressed tar archive.

tar xf test_archive.tar.bzip2
ls
rm -r test_directory

(Image credit: Tom’s Hardware)

If we wish to extract an archive to a specific location we can use the C argument with the tar command and then specify the location. The location can be a relative or absolute path. So we can extract the archive to a sub directory inside a current directory, or we can specify the full path to another location in the file system.

Extract test_archive.tar into the Music directory. Here we are in the Home directory, and most Linux distributions feature a Music directory which we can extract the archive to.

tar xfC test_archive.tar Music
cd Music
ls

To extract to another location in the file system it is best practice to use an absolute path.

Extract test_archive.tar to your desktop directory. Specify the full path, tab completion can be used to auto-complete directory names. Remember to change to match your own.

tar xfC test_archive.tar /home//Desktop/
cd /home//Desktop/
ls

Armed with these few examples you are now capable of extracting most common archives on the command line. Whilst GUI tool options exist for some archives, often when dealing with a compressed .tar archives, these terminal commands are much quicker and easier to perform.

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June 11, 2025 0 comments

NFT Gaming

Bullish Files for IPO as Trump’s Crypto Pivot Drives Demand: FT

by admin June 11, 2025

In brief

Bullish has reportedly filed confidential paperwork with the SEC as it tries to go public again.
It previously abandoned prior efforts in a SPAC merger in 2022 as the market faced a downturn.
It follows Circle’s explosive public debut on the NYSE last week.

Crypto exchange Bullish has submitted paperwork for an initial public offering to the Securities and Exchange Commission, according to a report from the Financial Times, citing sources familiar.

The move marks its second bid to go public, following an initial attempt in a $9 billion merger with a special purpose acquisition company, Far Peak, in July 2021.

Those prospects went dim by late 2022, with aspirations later called off due to prevailing “time constraints and market conditions.”

Now, Bullish is attempting to take another swing following President Donald Trump’s election late last year and subsequent policies geared toward the crypto industry.

As a result, Bitcoin has steadied its pace, finding a range above the $110,000 with its implied volatility showing a record low for the year.

Bullish’s latest attempt comes as crypto companies have caught Wall Street pundits off guard.

Last week, Crypto exchange Gemini confirmed that it filed to go public, just 24 hours after USDC issuer Circle made its euphoric debut on the New York Stock Exchange.

Circle raised more than $1.1 billion, and outperformed some of the U.S.’s most prominent tech companies on launch, with its stock rocketing to 347% days later. That appetite is fueling others’ efforts.

Bullish operates a blockchain-based exchange and acquired crypto media firm CoinDesk in 2023. Its CEO, Tom Farley, previously served as president of the NYSE Group at the Intercontinental Exchange from 2014 to 2018.

Bullish did not immediately respond to Decrypt’s request for comment.

Edited by Sebastian Sinclair

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June 11, 2025 0 comments

Searching for files with the Linux terminal

Product Reviews

How To Find Files in the Linux terminal

by admin June 9, 2025

In this how-to, we’ll look at various ways of using the find command to help us find files and directories across the Linux filesystem. Sometimes we misplace a file or directory and we can spend precious time searching via the terminal. On the Linux desktop, the file manager will have a builtin search tool, as does the terminal. The find command is immensely useful, and exceptionally easy to use.

Whilst you become accustomed to these commands, it’s good to work with test files and directories and you should take extra care to ensure you are carefully following the instructions.

Finding a File in Linux

(Image credit: Tom’s Hardware)

To begin, let’s create some example files in a directory and then use the find command to find them.

1. Create a test folder containing test files. After creating the test directory and files check the files have been created using ls.

mkdir test
cd test
touch test1.txt test2.h test3.c TEST.f
ls

2. In the test directory, find the file called test1.txt. Using find with “.” indicates that the search should be confined to the current working directory. After running the find command you should see the test1.txt file listed as a result.

find . -name test1.txt

Searching Using a Partial Filename in Linux

(Image credit: Tom’s Hardware)

On occasion, we may need to search using partial file or directory names. Let’s look at how to do this and how searching for partial terms affects the results.

1. In the test directory run the following command searching for files that contain the term “tes” within their name.

find . -name “*tes*”

In the list of results, you should see that all the files have been found and listed apart fromTEST.f , this is due to -name returning case sensitive results. We’ll look at an alternative that returns non case sensitive results in a later section.

2. Repeat the command searching for a specific file extension. We can use the same method to search for a particular file type. Changing the command to search for“*.txt*” will return only the .txt filetype.

find . -name “*.txt*”

3. Use -iname to return non-case sensitive results. Here we use the partial search term“*tes*” again but using -iname forces the command to show all results regardless of upper or lower case. Therefore the results include our file TEST.f .

find . -iname “*tes*”

Distinguishing Between Directories and Files in Linux

(Image credit: Tom’s Hardware)

In its standard form, the find command will also return any matching results regardless be they files or directories. We can also add tags to the find command that force the command to only return files or only return directory results.

1. Add a directory inside our test directory called test2. Use ls to confirm that the directory has been created.

cd test
mkdir test2
ls

2. Run a find command that will return both file and directory results. You should see that the result contains all the test files and also the test2 directory.

find . -iname “*test*”

3. Add the -type f tag to return only file results. Note that in the results the directory test2 is omitted.

find . -iname “*test*” -type f

4. Add the -type d tag to return only directory results. Note that the only result now should be the test2 directory.

find . -iname “*test*” -type d

Searching the Entire Filesystem in Linux

(Image credit: Tom’s Hardware)

You may need to search the entire filesystem to try and find a misplaced or forgotten file.

1. Search for the test1.txt file from the root (/) of the filesystem. This step isn’t tremendously successful and has been added to illustrate a common issue.

cd
find / -iname test1.txt

You will find that you don’t have permission to search in a lot of areas, this results in a long reported list of areas we can’t search and, although our test1.txt file has been located we need to search through the report list to find it. Notice in this example we use / to enable the command to search all sub directories.

(Image credit: Tom’s Hardware)

2. Repeat the previous search but use sudo to add root privileges. This then gives the command permission to access most places within the filesystem and as such the returned report will be much clearer and easier to read.

sudo find / -iname test1.txt

With these examples you should now have a basic tool set to find any file anywhere on your system, even if you only know a part of its name.

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June 9, 2025 0 comments

NFT Gaming

Crypto Exchange Gemini Files to Go Public Following Circle’s Smash IPO

by admin June 8, 2025

Crypto exchange Gemini announced that it’s planning to go public.

The New York-based company said in a press release Friday that it confidentially filed a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering.

Gemini did not immediately respond to Decrypt’s request for comment.

The exchange is run by billionaire twins Cameron and Tyler Winklevoss. The two are famous in the crypto world because of their early bet on Bitcoin that boosted their wealth. They’re also well-known for playing a role in the creation of Facebook.

Gemini’s move came one day after shares for USDC issuer Circle began trading on the New York Stock Exchange, with the price of CRCL quadrupling its offering price in Friday trading.

A number of top crypto companies are hoping to follow in the footsteps of Coinbase, America’s biggest crypto exchange, which went public in 2021—especially now with a crypto-friendly president in the White House.

The new Trump administration’s SEC has scrapped a number of high-profile lawsuits against firms in the digital asset space, with the Wall Street regulator saying it will take a more collaborative approach to managing the fast-moving industry.

Editor’s note: This story was updated after publication with additional details.

Edited by Andrew Hayward

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June 8, 2025 0 comments

Elon Musk and Donald Trump at a SpaceX Launch

Gaming Gear

Musk Deletes His ‘Really Big Bomb’ Claiming Trump Appears in Epstein Files

by admin June 7, 2025

In the middle of their very public breakup, a scorned Elon Musk decided to drop a “really big bomb” on Donald Trump, accusing the president of appearing in the Epstein files. Sometime Saturday, it seems the billionaire decided he wanted to try to disarm that bomb, as he deleted his posts claiming that Trump has links to the famous child sex trafficker.

Musk and Trump had been acting catty for a couple of days by the time Musk went nuclear, going back and forth over Musk’s opposition to Trump’s “Big Beautiful Bill”—a proposal that includes the largest cuts to Medicaid and food assistance programs in history. Musk objected to the bill, not because it would be devastating to low- and middle-income households but seemingly rather because it was going to hurt his own bottom line by ending electric vehicle tax credits that Tesla benefits from.

Musk tried to kill the bill by posting incessantly about it, creating a rift among Republicans who will essentially need everyone in the party to be on board in order to get the thing passed. Trump, annoyed, took some shots at Musk for his dissent, which led to Musk’s drastic escalation. He said Trump appeared in the Epstein files and “That is the real reason they have not been made public.” He added: “Mark this post for the future. The truth will come out.”

Those posts are now deleted—though have, of course, been archived, screenshotted, and quoted many times over. So, too, has a post in which Musk supported the idea that Trump should be impeached. He hasn’t gotten around to taking down his post claiming that Trump’s tariffs will soon cause a recession.

We’re starting to get a better picture of what has been happening behind the scenes while these two lash out at each other via their respective social media platforms (X and Truth Social). A report published Saturday by the Washington Post claims that Trump was “dejected” during Musk’s crash out and tried to rationalize Musk’s behavior by calling him “a big-time drug addict.” Musk had apparently been acting erratically for quite some time (not exactly a shock, if you’ve scrolled through his posts on X for like, 30 seconds). A reported physical conflict with Treasury Secretary Scott Bessent that saw Musk supposedly throw his shoulder into Bessent was the breaking point, after which the billionaire started to get pushed out of his privileged position in the administration, per the Post.

Trump opted not to pour gasoline on the situation—a shocking decision from a guy not exactly known for his restraint—but he is apparently not interested in reconciling with Musk. An official within the administration told the Post that, even if they do make up, “It’ll never be the same.”

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June 7, 2025 0 comments

Crypto Trends

Billionaire Winklevoss Twins-Backed Crypto Exchange Gemini Files With SEC For Planned IPO

by admin June 6, 2025

Gemini Space Station Inc., the crypto exchange and custody platform founded by Cameron and Tyler Winklevoss, has taken a significant step toward becoming a publicly traded company.

The firm announced Friday that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC), signaling its intent to pursue an initial public offering (IPO) of its Class A common stock.

While specific details around the size and valuation of the offering remain undisclosed, the move positions Gemini among a growing list of crypto-native firms seeking a foothold in traditional capital markets.

The crypto exchange has been taking major steps to go public in the U.S., including hiring Goldman Sachs and Citigroup as its financial advisors for the IPO. Gemini had also settled a $5 million lawsuit by the Commodity Futures Trading Commission, while the SEC ended its investigation into the exchange earlier this year.

The timing aligns with renewed interest in digital asset IPOs after stablecoin issuer Circle (CRCL) started trading on the New York Stock Exchange (NYSE) this week. Shares of Circle surged in its first day of trading Thursday, closing at $83 after going public at $31. The stock is currently trading around $113, almost 264% higher than its IPO price.

Gemini’s offering, if completed, would mark a major milestone not just for Gemini but for the crypto industry’s ongoing quest for mainstream financial legitimacy.

The company noted that the IPO will proceed after SEC review and pending market conditions, per standard disclosure protocols.

Read more: Circle Shares Surge on NYSE Debut, Signalling Strong Appetite for Stablecoin Issuers

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June 6, 2025 0 comments

Crypto Trends

Gemini Exchange Files for IPO After Circle’s NYSE Debut

by admin June 6, 2025

Gemini Space Station, Inc., founded by the Winklevoss brothers, has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of its Class A common stock. This move comes after the recent debut of Circle’s IPO on the NYSE.

At this stage, Gemini hasn’t yet decided how many shares it will sell or what the price range will be. These details will be shared later, once the SEC completes its review of the filing. The IPO will only move forward if market conditions are right.

Gemini emphasized that this announcement does not constitute an offer to sell or buy shares. Any actual sale of securities will be carried out according to U.S. securities laws under the Securities Act of 1933, and in line with Rule 135, which governs how companies can communicate about their IPO filings.

Also Read: Circle IPO Goes Live! Check the Live Price of CRCL Here

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June 6, 2025 0 comments

Crypto Trends

Chinese Firm Files $300M XRP Plan with SEC. What’s Going On?

by admin June 4, 2025

Webus International Limited, a company that offers AI-driven mobility solutions, has filed Form 6-K with the U.S. Securities and Exchange Commission (SEC) to inform the regulator about its intention to set up an XRP treasury.

As reported by U.Today, the Hangzhou-based firm initially announced the plan last week.

On Monday, the firm signed an agreement with US-based investment advisor Samara Alpha Management that has set the framework for its future crypto operations.

The initiative is meant to support instant international payments for its chauffeur services as well as booking programs. This essentially means that the XRP token will be integrated into the company’s business model.