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Social justice advocacy groups slam Roblox for "silencing important voices" with new parental controls
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Social justice advocacy groups slam Roblox for “silencing important voices” with new parental controls

by admin October 1, 2025


Out Making Games (OMG), Women in Games (WIG), and BAME in Games (BiG) have co-written an open letter to Roblox calling on the company to reconsider the recent changes it has made concerning “sensitive issues,” claiming the changes are a “step backward for both creative expression and social justice.”

Roblox notified game makers in August that it was introducing a new “content descriptor and parental control [for] experiences that are primarily themed on a sensitive social, political, or religious issue,” including any experiences that provoke a “strong emotional response” or suggest “polarized viewpoints.”

While Roblox insisted the changes were made to “give parents of children under 13 the choice of how and when their children engage with these issues,” OMG, WIG, and BiG claim “these changes threaten to undermine the vibrant, inclusive creative community that has flourished on the platform since 2006, while potentially causing real harm to marginalised groups in society.”

This is because, the organizations claim, Roblox’s guidelines “specifically cite ‘issues such as immigration, capital punishment, gun control, marriage equality, pay equity in sports, prayer in schools, racial profiling, affirmative action, vaccination policies, and reproductive rights’ as examples requiring these descriptors.” Further, the joint letter states that by Roblox’s insistence that it is “not taking a stance,” “the effect is the opposite,” writing: “By categorising equality and human rights as ‘sensitive,’ the platform treats them as debatable rather than fundamental.”

“We support efforts to keep children safe online – especially girls, who face disproportionate harassment and grooming. But safety cannot be achieved by silencing content that educates and empowers,” the letter states. “Issues such as equal pay, reproductive rights, and gender equality are central to girls’ and women’s lived experiences. Marking these as ‘sensitive’ risks hiding content that is vital to representation, education, and inspiration.

“When these conversations are suppressed, the result is not safety but silence. It discourages young women from participating fully, reinforces harmful stereotypes, and weakens the pipeline of future creators and leaders […] This false neutrality downplays systemic racism by equating discrimination with the policies meant to remedy it, potentially emboldening those who deny or dismiss racial inequality.”

Consequently, OMG, WIG, BiG claim that parental controls should not “come at the expense of fundamental human dignity,” and is therefore calling on Roblox “to reconsider these guidelines and find ways to protect young users without legitimizing discrimination or silencing important voices.”

“[Roblox] has built something remarkable over nearly two decades,” the statement concludes. “It would be tragic to see that legacy undermined by policies that, intentionally or not, perpetuate the very inequalities that creative expression has the power to challenge and change.”

GamesIndustry.biz has reached out to Roblox for comment.



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October 1, 2025 0 comments
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Roblox continues efforts for child safety by expanding age estimation to all users by end of the year
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Roblox’s new ‘sensitive issues’ label deemed “a step backward for both creative expression and social justice” by advocacy groups

by admin September 30, 2025


Roblox has been criticised for its new guidelines on “sensitive issues”, described by advocacy groups as “a step backward for both creative expression and social justice”.

Back in August, Roblox introduced a new content descriptor for sensitive issues as part of an improvement to parental control. The descriptor is meant for Roblox experiences themed on social, political, or religious issues, but the company stated it is “not meant to take a stance on any specific issue”.

That has now been opposed in an open letter to Roblox by advocacy groups Women In Games, Out Making Games, and BAME in Games, each focused on supporting marginalised groups.

“Roblox’s recently proposed creator guidelines regarding ‘sensitive issues’ represent a step backward for both creative expression and social justice,” the open letter reads. “These changes threaten to undermine the vibrant, inclusive creative community that has flourished on the platform since 2006, while potentially causing real harm to marginalised groups in society.”

Essentially, the letter argues, by introducing these descriptors Roblox is treating issues of equality and human rights as “debatable rather than fundamental”.

Roblox’s criteria for the descriptor applies to “experiences where a majority of the content, gameplay, or experience details…refers to the sensitive issue”, which can include immigration, capital punishment, gun control, marriage equality, pay equity in sports, racial profiling, reproductive rights, and more.

“We support efforts to keep children safe online – especially girls, who face disproportionate harassment and grooming,” the open letter continues. “But safety cannot be achieved by silencing content that educates and empowers.

“Issues such as equal pay, reproductive rights, and gender equality are central to girls’ and women’s lived experiences. Marking these as ‘sensitive’ risks hiding content that is vital to representation, education, and inspiration.”

Suppressing such experiences, the advocacy groups claim, is “false neutrality” and instead of protecting children, “the policy risks teaching Roblox’s diverse audience that issues of justice and equality are controversial opinions rather than universal values, thereby reinforcing the very divisions it claims to guard against.”

Instead, the groups believe Roblox should rely on internationally recognised age-rating systems like PEGI and the International Age Rating Coalition (IARC), instead of “invent[ing] a vague, easily abused ‘sensitive issues’ label”.

Eurogamer has contacted Roblox for its response to the open letter.

Back in July, Roblox also introduced new safety features, including an AI used to estimate a user’s age through video selfie. Earlier this month, it announced this would be expanded to all users by the end of the year.



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September 30, 2025 0 comments
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Crypto Gamble Wipes Out 87% of Smart Digital Group’s Market Value
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Crypto Gamble Wipes Out 87% of Smart Digital Group’s Market Value

by admin September 28, 2025


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

Smart Digital Group’s Nasdaq-listed shares collapsed after the company announced plans to build a cryptocurrency asset pool focused on Bitcoin and Ethereum.

The selloff wiped out a huge chunk of market value in a single day, with the stock plunging roughly 87% on heavy volume.

Company Announcement And Missing Details

According to the firm’s press release, the plan was first disclosed in a filing that said the asset pool would emphasize “stability and transparency” and concentrate on major coins like Bitcoin and Ethereum.

The release also said more specifics — including the pool’s size and allocation — would be provided later, subject to regulatory and market conditions. Reports say that scarcity of concrete numbers left investors with little to judge.

$SDM
Smart Digital Group Announces Plan To Establish A Diversified Cryptocurrency Asset Pool

Smart Digital Group plans to establish a diversified cryptocurrency asset pool, focusing primarily on established digital currencies like Bitcoin and Ethereum. The initiative aims to…

— stock setter (@MarcJacksonLA) September 26, 2025

Market Reaction And Price Moves

On the day of the announcement, Smart Digital Group’s share price fell from levels near the prior close to intraday lows reported at about $1.63 to $1.88.

The fall represented an 86–88% move in some reports, with many outlets using an 87% figure to sum up the drop.

The company had been a hot name earlier this year — one report shows a market cap around $364 million and a run that included a 123% jump over the prior six months — but Friday’s session erased most of that gain.

Total crypto market cap currently at $3.73 trillion. Chart: TradingView

Trading desk sources and market coverage point to two big drivers: panic selling by retail holders and sharp re-pricing by short sellers.

Price swings were extreme. Many investors said they had expected clearer rules about how corporate cash or balance-sheet assets would be used, and they did not get it.

Regulatory And Analyst Concerns

Based on reports, regulators have been watching trades tied to companies that announce crypto-treasury moves, and in this case the SEC and FINRA interest was mentioned in several stories.

Analysts and commentators said the lack of disclosure was a red flag, noting that companies that have publicly moved into crypto in the past sometimes saw gains — but only when management spelled out the guardrails and the source of funds.

Some market watchers cautioned that the fall may include an element of overshoot. When confidence evaporates fast, prices can move past what fundamentals alone would justify.

Other observers said the decision to shift part of a corporate balance sheet into volatile assets raises straightforward risks: accounting complexity, custody questions, and regulatory scrutiny.

Featured image from Financial Content, 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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September 28, 2025 0 comments
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The Top Diseases We Choose to Stay Ignorant About, According to Scientists
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AI Medical Tools Provide Worse Treatment for Women and Underrepresented Groups

by admin September 22, 2025


Historically, most clinical trials and scientific studies have primarily focused on white men as subjects, leading to a significant underrepresentation of women and people of color in medical research. You’ll never guess what has happened as a result of feeding all of that data into AI models. It turns out, as the Financial Times calls out in a recent report, that AI tools used by doctors and medical professionals are producing worse health outcomes for the people who have historically been underrepresented and ignored.

The report points to a recent paper from researchers at the Massachusetts Institute of Technology, which found that large language models including OpenAI’s GPT-4 and Meta’s Llama 3 were “more likely to erroneously reduce care for female patients,” and that women were told more often than men “self-manage at home,” ultimately receiving less care in a clinical setting.  That’s bad, obviously, but one could argue that those models are more general purpose and not designed to be use in a medical setting. Unfortunately, a healthcare-centric LLM called Palmyra-Med was also studied and suffered from some of the same biases, per the paper. A look at Google’s LLM Gemma (not its flagship Gemini) conducted by the London School of Economics similarly found the model would produce outcomes with “women’s needs downplayed” compared to men.

A previous study found that models similarly had issues with offering the same levels of compassion to people of color dealing with mental health matters as they would to their white counterparts. A paper published last year in The Lancet found that OpenAI’s GPT-4 model would regularly “stereotype certain races, ethnicities, and genders,” making diagnoses and recommendations that were more driven by demographic identifiers than by symptoms or conditions. “Assessment and plans created by the model showed significant association between demographic attributes and recommendations for more expensive procedures as well as differences in patient perception,” the paper concluded.

That creates a pretty obvious problem, especially as companies like Google, Meta, and OpenAI all race to get their tools into hospitals and medical facilities. It represents a huge and profitable market—but also one that has pretty serious consequences for misinformation. Earlier this year, Google’s healthcare AI model Med-Gemini made headlines for making up a body part. That should be pretty easy for a healthcare worker to identify as being wrong. But biases are more discreet and often unconscious. Will a doctor know enough to question if an AI model is perpetuating a longstanding medical stereotype about a person? No one should have to find that out the hard way.



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September 22, 2025 0 comments
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Solana
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Solana And XRP Join CME Group’s Expanding Futures Options Roster In 2025 – Details

by admin September 18, 2025


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

Solana (SOL) and XRP have shown remarkable performance, not just in terms of price, but interest in their futures market has also been sharply rising in this bull cycle. Given the notable performance of their futures market and interest, crucial tools are currently being created to optimize and capture opportunities in the ecosystem.

CME Unveils Solana And XRP Futures Options

In the ongoing cycle, Solana and XRP futures are receiving more attention in the derivatives market, indicating that both institutional and retail traders are becoming more interested. These assets are becoming more prominent alongside Bitcoin and Ethereum in futures trading as liquidity increases and open interest grows.

Amid the rising adoption, Chicago Mercantile Exchange (CME Group), one of the world’s largest derivatives exchanges, has expressed its robust interest in the two leading assets. Specifically, the firm is expanding its crypto offerings with the planned launch of options on Solana and XRP futures.

The action indicates that institutional demand for exposure to digital assets besides Bitcoin and Ethereum is increasing. According to the report, the initiative is still pending regulatory approval and is expected to be unveiled on October 13, 2025.

Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products, speaking on the move, stated that the introduction of these options contracts builds on the company’s suite of Solana and XRP futures’ notable expansion and rising liquidity. 

CME Group’s launch of these new products will give clients the ability to trade options on SOL, Micro SOL, XRP, and Micro XRP futures. Once trading begins, expiries will be made available every day of the business week, every month, and every quarter of the year.

It is worth noting that these contracts will be available in two different sizes. By introducing new trading instruments tied to Solana and XRP, the CME Group aims to provide investors with improved flexibility in risk management and seizing opportunities. The firm will be partnering with FalconX to enhance market efficiency and increase derivatives liquidity for its clients.

Notable Futures Contracts Created On The Platform

While options trading is still in the works, the Solana and XRP futures suite from CME Group has grown to be among the business’s most rapidly embraced futures offerings. In the report, the firm highlighted that more than 540,000 SOL futures contracts valued at $22.3 billion have traded since it was introduced on March 17. 

As of August 2025, the average daily volume (ADV) of SOL futures monthly reached 9,000 contracts, valued at $437.4 million in notional. Meanwhile, the average daily open interest (ADOI) reached 12,500 contracts, valued at $895 million in notional.

Such growth has also been observed with its XRP futures, recording more than 370,000 XRP futures contracts worth $16 billion in notional value since launch on May 19. At the same time, the XRP futures saw a record ADOI of 9,300 contracts valued at $942 million in notional value, and a record monthly ADV reached over 6,600 contracts worth $385 million in notional value.

SOL trading at $245 on the 1D chart | Source: SOLUSDT on Tradingview.com

Featured image from Medium, 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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September 18, 2025 0 comments
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Dollar rate (geralt/Pixabay)
NFT Gaming

UK Crypto Groups Criticize Bank of England’s Proposed Stablecoin Caps

by admin September 15, 2025



The Financial Times (FT) reported on Monday that cryptocurrency groups are urging the Bank of England (BoE) to scrap proposals limiting the amount of stablecoins individuals and businesses can own.

The groups warned that the rules would leave the UK with stricter oversight than the U.S. or the European Union (EU).

According to the FT, BoE officials plan to impose caps of 10,000 british pounds to 20,000 British pounds ($13,600–$27,200) for individuals and about 10 million British pounds ($13.6 million) for businesses on all systemic stablecoins, defined as tokens already widely used for payments in the U.K. or expected to be in the future.

The central bank has argued the restrictions are needed to prevent outflows of deposits from banks that could weaken credit provision and financial stability.

The FT cited Sasha Mills, the BoE’s executive director for financial market infrastructure, as saying the limits would mitigate risks from sudden deposit withdrawals and the scaling of new systemic payment systems.

However, industry executives told the FT the plan is unworkable.

Tom Duff Gordon, Coinbase’s vice president of international policy, said “imposing caps on stablecoins is bad for U.K. savers, bad for the City and bad for sterling,” adding that no other major jurisdiction has imposed such limits.

Simon Jennings of the UK cryptoasset business council said enforcement would be nearly impossible without new systems such as digital IDs. Riccardo Tordera-Ricchi of The Payments Association told the FT that limits “make no sense” because there are no caps on cash or bank accounts.

The U.S. enacted the GENIUS Act in July, which establishes a federal framework for payment stablecoins. The law sets licensing, reserve and redemption standards for issuers, with no caps on individual holdings. The European Union has also moved ahead with its Markets in Crypto-Assets Regulation (MiCA), which is now fully in effect across the bloc.

Stablecoin-specific rules for asset-referenced and e-money tokens took effect on June 30, 2024, followed by broader provisions for crypto-assets and service providers on Dec. 30, 2024. Like the U.S. approach, MiCA does not cap holdings, instead focusing on reserves, governance and oversight by national regulators.



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September 15, 2025 0 comments
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Best Altcoins to Buy as Industry Groups Push UK-US Tech Bridge to Include Digital Assets
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Best Altcoins to Buy as Industry Groups Push UK-US Tech Bridge to Include Digital Assets

by admin September 14, 2025


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

A coalition of leading associations in the finance, tech, and digital sectors has written a letter to the UK government, urging it to include Distributed Ledger Technology (DLT) as a core strand of the UK-US Tech Bridge.

The US-UK Tech Bridge is a bilateral agreement between the two nations to collaborate and share resources on emerging innovations, technology, and digital policy.

It has been specifically designed to foster innovation through joint research and development while aligning policy and standards to set common rules and approaches for areas such as data governance, AI safety, and cybersecurity.

With Trump set to visit the UK from September 17-19, this letter comes at a crucial time as Britain looks to assert its dominance in the digital finance sector.

Read on as we uncover what the letter proposes and highlight the best altcoins we think could benefit from growing government crypto adoption.

What Does the Letter Recommend?

The signatories believe that DLT is a major driving force for the development of next-generation infrastructure and financial services, facilitating cheaper and faster payments, improving capital flows, and driving efficiencies and productivity.

The letter highlights two key sectors of DLT that the UK government must pay close attention to: tokenization and stablecoins.

The coalition stresses that this is a once-in-a-generation opportunity to create the world’s first transatlantic framework for DLT, with both the US and UK being major global economies of strategic importance.

While the UK handles nearly 40% of global FX turnover, the US is home to the world’s largest capital pool and the epicenter of digital asset innovation.

Both nations can leverage each other’s regulatory weight, financial heritage, and legal excellence to shape the rules of the digital economy. And if they don’t, then they’ll probably have to watch the Middle East and Asia take the lead.

Amid growing competitive pressure, the letter recommends forming a joint sandbox with political backing to seize the opportunities of new technology and cement Britain’s role as the world’s leading hub for digital finance innovation.

As the world’s top financial powerhouses pivot toward digital assets such as tokenized securities and stablecoins, it’s inevitable that the next few decades of global finance will be dominated by cryptocurrencies and the broader digital finance ecosystem.

This is why forward-looking investors are actively identifying promising cryptocurrencies. If you want to make the most of this global shift, here are some of the top cryptos you should add to your portfolio right now.

1. Bitcoin Hyper ($HYPER) – Revolutionary Layer 2 Bitcoin Solution with Better Speed and Scalability

There’s no doubt that Bitcoin is the most popular cryptocurrency in the world, with a market cap of $2.31T. However, it still struggles with slow speeds and can only process 7 transactions per second since it handles them one by one.

Enter Bitcoin Hyper ($HYPER), the first-ever Layer 2 solution built on the Bitcoin blockchain.

$HYPER, with its Solana Virtual Machine (SVM) integration, enables parallel transaction processing, where multiple transactions can be processed simultaneously as long as they’re not related to each other.

This drastically increases throughput and speed while reducing transaction costs.

The SVM integration also allows developers to execute smart contracts and build dApps directly on the Bitcoin blockchain, opening the doors to Web3 and DeFi participation.

At the core of this utility is a non-custodial, decentralized canonical bridge that locks up your L1 Bitcoin tokens to mint an equivalent amount of L2-compatible Bitcoin.

These L2 tokens can be used across Web3, NFT platforms, lending, staking, and more. Once you’re done, the same bridge can be used to convert your L2 tokens back to traditional Bitcoin.

This utility-driven approach has made the $HYPER presale a huge success, raising $15.5M so far. Each token is currently priced at just $0.012905.

According to our $HYPER price prediction, the token could hit $0.32 in 2025, offering a massive 2,300% return from current levels.

If you’re wondering how to become part of this journey, here’s a step-by-step guide on how to buy $HYPER.

Visit Bitcoin Hyper’s official website to learn how it will crank up BTC’s real-world utility.

2. SUBBD Token ($SUBBD) – Crypto-Run Content Creation Platform Offering a Host of AI Tools

SUBBD Token ($SUBBD) powers a revolutionary content creation platform that aims to transform the $85B content creation industry.

Right now, creators have to give up as much as 70% of their revenue in platform fees. Plus, there’s always the lingering threat of arbitrary bans and account suspensions.

Enter SUBBD, which charges only a fraction of creator revenue as fees while also offering a host of AI tools.

For instance, it provides AI text generators, AI photo and video tools for striking visuals, and AI audio generators to help creators build engaging content without wasting time.

This allows creators to focus more on engaging with their audience and forming loyal fan bases through direct interaction.

Holding $SUBBD also comes with a range of benefits. You can use it to unlock exclusive content, request custom creations, and tip your favorite creators.

One of the standout features of SUBBD is its flat 20% staking return for the first year, giving you assured passive income.

What’s more, staking also unlocks added perks, such as exclusive behind-the-scenes content and creator livestreams.

The $SUBBD presale has already raised $1.13M. Each token is currently priced at $0.056425, and as per our $SUBBD price prediction, it could hit $0.301 by the end of 2025 – a 400% return in just a few months.

Here’s our detailed guide on how to buy $SUBBD before the next price increase.

Visit SUBBD Token’s official website to learn more about how it’s blending crypto, AI, and content.

3. MemeCore ($M) – A Participatory Project Rewarding Each Network Contribution

MemeCore ($M) is a Layer 1 ‘meme chain’ that aims to transform the best meme coins from hype-driven digital currencies into culturally relevant, utility-rich assets through governance, on-chain activity, and virality.

MemeCore rewards every form of participation – whether it’s trading, staking, creating, or validating on the blockchain – since it believes each contribution is critical to strengthening the network’s growth.

The project’s goal is to build a participatory economy where every action is measured, verified, and rewarded. This creates a value-generating ecosystem that’s sustainable in the long run.

$M has surged more than 250% since the start of September and around 37% in the last seven days.

It crossed the $1 landmark for the first time on September 4 and is now trading at around $2.37, with strong support at $1.80.

With a market cap of $2.46B, MemeCore is now among the top 50 cryptocurrencies in the world. As interest in $M continues to grow, the token could set fresh all-time highs in the coming weeks.

Quick recap: with the world’s leading finance institutions now viewing stablecoins and tokenized securities as the future of finance, the stage is set for low-cap, high-upside altcoins like Bitcoin Hyper ($HYPER), SUBBD Token ($SUBBD), and MemeCore ($M) to churn out potentially life-changing gains.

Disclaimer: Crypto investments are highly risky. This article is not financial advice, so kindly do your own research before investing.

Authored by Krishi Chowdhary, Bitcoinist — https://bitcoinist.com/best-altcoins-to-buy-as-uk-us-tech-bridge-eyes-digital-assets

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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September 14, 2025 0 comments
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Extremist Groups Hated Charlie Kirk. They’re Using His Death to Radicalize Others
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Extremist Groups Hated Charlie Kirk. They’re Using His Death to Radicalize Others

by admin September 13, 2025


For years, extremist groups, white nationalists, and militias like the Proud Boys and Oath Keepers saw Charlie Kirk not as their ally, but as their enemy.

Though Kirk denigrated trans people, Muslims, unmarried women, and many minorities and advocated for an America with Christianity at the center of every aspect of life, he was, in their view, a moderate. For some, his staunch support of Israel’s government made Kirk a target rather than a friend.

But in the immediate aftermath of Kirk being fatally shot while speaking at a Turning Point USA event Wednesday at Utah Valley University in Orem, Utah, these same groups were quick to frame the incident as an attack on one of their own, portraying Kirk’s death as part of what they see as an ongoing war against white, Christian men. The same groups were relatively quiet on Friday after police announced they had arrested a 22-year-old from Utah for the killing who had no obvious ties to the left.

These groups, many of which have been relatively dormant since the mass arrests surrounding the January 6 attack on the Capitol, have used the outpouring of grief around Kirk’s death as a lightning rod, a signal that they need to mobilize and take action. Many of them, including the Proud Boys and Oath Keepers, have used Kirk’s death as a recruitment and radicalizing tool to convince his supporters to take a more extreme worldview.

“Nothing can stop what is coming,” Ryan Sánchez, the leader of the far-right National Network, who was caught on video giving a Nazi salute during last year’s Conservative Political Action Conference, wrote on his Telegram channel. “We are mobilizing young Nationalists to defend our communities against the Radical Left—we need your help!”

The appeals appear to be at least somewhat working: Sánchez’s post was accompanied by a screenshot showing a $1,000 donation he received on Christian crowdfunding platform GiveSendGo.

“This is the beginning of a movement that may define our nation,” the donor wrote on the site. “Use it for good and purge the country of these insane ideologies.”

Another donor, who called himself “White Nationalist,” commented: “Time to take our country back fellas. Get to work!”

Sánchez, an acolyte of far-right influencer Nick Fuentes, has already mobilized. A video from a vigil for Kirk that Sánchez promoted in Huntington Beach, California, on Wednesday shows a group of men chanting: “White man fight back.” He shared another image of himself speaking at the vigil on his Telegram channel, with the caption: “DEATH TO THE LEFT.”

The video of the chanting in Huntington Beach was shared in many other extremist groups, including the Anti-Communist Combat HQ channel on Telegram, which is a hub for amplifying antisemitic, racist, and anti-LGBTQ rhetoric from groups including Active Clubs and the National Justice Party.



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September 13, 2025 0 comments
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SUI Group’s treasury climbs to $344m after fresh 20m token addition
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SUI Group’s treasury climbs to $344m after fresh 20m token addition

by admin September 4, 2025



SUI Group Holdings has cemented its status as a titan within the Sui ecosystem. Its recent acquisition of 20 million tokens brings its total stash to over $344 million, making it a dominant force in the token’s economy.

Summary

  • SUI Group Holdings added 20 million SUI tokens, lifting its treasury to 101.8 million, valued at $344 million.
  • The Nasdaq-listed firm trades under SUIG and has exclusive access to discounted SUI via the Sui Foundation.
  • SUI rose over 4% following the announcement, trading between $3.25 and $3.40.

According to a press release dated September 3, the Minnesota-based company, which trades on the Nasdaq under the ticker SUIG, systematically added another 20 million Sui (SUI) tokens to its coffers.

The accumulation, executed under a unique arrangement with the Sui Foundation, pushes its total holdings to 101.8 million SUI, valued at over $344 million at current market rates. Chief Investment Officer Stephen Mackintosh said the move underscores the firm’s “conviction in the transformative potential of the SUI blockchain,” adding that it plans to continue seeking “accretive capital raises” to fund further purchases.

The strategy behind the SUI accumulation

SUI Group’s official relationship with the Sui Foundation grants it exclusive access to purchase discounted, locked SUI tokens directly from the source, unlocking a significant cost-basis advantage over the open market.

By maintaining substantial liquidity, approximately $58 million, according to the release, the firm positions itself to continue acquiring discounted locked tokens, a strategy designed to scale its treasury while optimizing value for shareholders.

To leverage its massive position, the company is not passively holding. The treasury update confirms that substantially all of the 101.8 million SUI is being actively staked on the network. This generates an estimated 2.2% annual yield, which currently translates to roughly $20,000 in daily staking rewards, SUI Group said.

For shareholders, the company has introduced a crucial metric dubbed SUI per share. As of September 2, that figure stands at 1.14. This is calculated by dividing the total treasury of 101.8 million SUI by the fully adjusted share count of 89.1 million common shares outstanding.

The metric provides a transparent measure of value, showing exactly how much of the underlying asset each share of SUIG stock represents. The increase from 0.92 SUI per share just weeks prior demonstrates the strategy’s immediate impact in concentrating asset ownership for each shareholder.

Following the announcement, SUI traded up more than 4%, rising from a daily low of $3.25 to as high as $3.40, though it remains well below its January peak of $5.35.



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September 4, 2025 0 comments
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Crypto Advocacy Groups Double Down On Support Of Prospective CFTC Chair
Crypto Trends

Crypto Advocacy Groups Double Down On Support Of Prospective CFTC Chair

by admin August 20, 2025



Several cryptocurrency and blockchain associations advocating for the industry are pushing for a “prompt confirmation” of Brian Quintenz as chair of the US Commodity Futures Trading Commission (CFTC).

In a Wednesday letter to US President Donald Trump, representatives from several crypto organizations reiterated their support for Quintenz’s confirmation in the Senate following the president’s nomination.

Signatories included the Crypto Council for Innovation, Blockchain Association, Decentralization Research Center, DeFi Education Fund, The Digital Chamber, Satoshi Action Fund and Solana Policy Institute

The advocacy organizations argued that Quintenz was “exceptionally well-suited” to head the CFTC in part due to his experience with and understanding of digital assets.

After being nominated to chair the agency in February, he was referred to the Senate Agriculture Committee, which delayed a vote days before the chamber was scheduled to break for an August recess. 

The committee said that the delay came following a request from the White House. An August report also suggested that Gemini co-founders Cameron and Tyler Winklevoss pressed Trump to reconsider Quintenz’s nomination, claiming he would not fully enact the president’s crypto agenda as CFTC chair.

Wednesday letter to Donald Trump. Source: Crypto Council for Innovation

“As the Presidential Working Group on Digital Asset Markets Report clearly articulated, the CFTC has many critical, complex, and nuanced goals ahead of it, including working with Congress to establish a comprehensive federal market structure framework with appropriate oversight of digital asset commodities, in order to advance your Administration’s agenda,” said the letter, adding that:

Installing a permanent Chairman to the CFTC is absolutely critical to realizing these goals […]”

Quintenz previously served as a CFTC commissioner under Trump from 2017 to 2021, having been nominated by former US President Barack Obama in 2016.

Related: Trump’s CFTC chair pick won’t push president for bipartisan commission

Financial regulator facing a staff exodus

Even if Quintenz’s confirmation were to move quickly through the Senate once the chamber returns from recess on Sept. 3, the regulator still has vacancies that could slow its work related to crypto and otherwise. Currently, the five-member panel of commissioners is staffed only by acting CFTC Chair Caroline Pham, and Commissioner Kristin Johnson.

Commissioners Summer Mersinger and Christy Goldsmith Romero, as well as former chair Rostin Behnam, departed the CFTC earlier this year. Johnson said she would leave before 2026, and Pham said she planned to move to the private sector if Quintenz were nominated, suggesting that the prospective chair could be the sole voice until Trump picked other candidates to staff the agency.

In a statement to Cointelegraph, a representative for the Crypto Council for Innovation highlighted the need to confirm CFTC leadership amid the two-commissioner panel, no permanent chair, and pending legislation for crypto market structure.

Senator Cynthia Lummis, one of the lead voices pushing for the chamber to pass market structure, said the bill — which could clarify the roles the CFTC and Securities and Exchange Commission will have over crypto — will be signed into law before 2026.

Magazine: Bitcoin’s long-term security budget problem: Impending crisis or FUD?



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