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Crypto Is Now Trump’s Second-Most Lucrative Source of Income

by admin June 16, 2025



In brief

  • Income from crypto was one of President Trump’s top revenue streams in 2024, according to a new disclosure filing.
  • Only income from Trump’s hospitality businesses, at $418 million, eclipsed his crypto earnings of $58 million last year.
  • This year, though, crypto is likely to lead the pack. The president has already made hundreds of millions off new digital asset-related ventures from the White House.

Donald Trump’s crypto holdings were his second biggest source of income last year—and that was before the president retook office and made billions more off the sector from the White House. 

According to annual financial disclosure forms filed Friday with the United States Office of Government Ethics, Trump made over $58 million from crypto ventures in 2024. The vast majority of that revenue came from sales of WLFI, the governance token issued by World Liberty Financial, the Trump family’s crypto platform.

That figure made crypto the second biggest revenue stream for the president in 2024, according to last week’s filing. The only category that firmly beat out crypto last year was income from the president’s hospitality businesses. Trump’s golf courses, membership clubs, and hotels brought in a collective $418 million in revenue for the president, according to the filing. A full $50 million of that income came from Mar-a-Lago, Trump’s marquee members-only club in Palm Beach. 

While crypto lagged behind that massive figure last year, 2025 looks poised to see digital assets become the president’s primary income stream. In the months since the filing’s reporting period closed, Trump has made billions of dollars in realized and unrealized gains from various crypto projects, including expanded World Liberty offerings and his own meme coin.



In March, for instance, after World Liberty closed its $550 million WLFI token sale, Trump and his associates walked away with an estimated $390 million. The president’s meme coin, meanwhile, which debuted on the eve of his inauguration in January, is worth $10 billion at writing. Trump and his associates are entitled to 80% of that sum, though those profits have not yet been realized.

What makes Friday’s disclosure so remarkable is the fact that digital assets counted so significantly among the president’s income streams prior to his biggest crypto windfalls. 

In 2024, crypto likely beat out one of Trump’s most prominent revenue- generating sectors: real estate. According to estimations from the president’s ethics filings, he made somewhere between $24 million and $63 million last year collecting rent from tenants of his properties around the world. 

Last year, Trump’s crypto income also handily outweighed earnings from his historically reliable income streams of licensing and royalties. Licensing fees for Trump-branded projects in far-flung locations like Dubai, India, and Oman brought the president roughly $34 million in revenue in 2024.

Even royalties from Trump-branded memorabilia like watches, shoes, books, and bibles represented a fraction of the president’s crypto income in 2024. The president made slightly more than $11 million on such agreements last year, less than a fifth of the money he made from the portion of World Liberty’s token sale completed before December 31.

In recent months, the president’s appetite for crypto ventures—and his refusal to divest from them while in office—has drawn growing criticism from lawmakers in both parties. Congress is currently attempting to pass multiple landmark crypto bills, the fate of which has recently become imperiled by protests over the president’s self enrichment off the sector.

Edited by James Rubin

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June 16, 2025 0 comments
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Trump turns crypto influence into income with $57m windfall
NFT Gaming

Trump turns crypto influence into income with $57m windfall

by admin June 14, 2025



President Donald Trump has reported $57.4 million in income from World Liberty Financial, his cryptocurrency venture backed by sons Donald Jr. and Eric Trump.

According to the Financial Times, citing a 200-page filing, the U.S. Office of Government Ethics discloses that one of Trump’s largest revenue sources among hundreds of financial interests is his crypto venture.

The filing shows Trump holds 15.75 billion governance tokens in World Liberty Financial. Instead of a direct investment, the tokens were obtained through his promotional activities on the network.

The report also shows that Trump holds positions in holding companies linked to digital ventures, such as CIC Digital LLC and CIC Ventures LLC, though these entities reported little to no income.

The document includes Trump’s certification that the information provided is “true, complete, and correct to the best of [his] knowledge,” and is subject to review by the U.S. Office of Government Ethics.

Earlier this year, Trump removed David Huitema as director of the Office of Government Ethics, an independent agency responsible for overseeing ethics rules and financial disclosures for the executive branch.

Trump’s crypto fortune fuels conflict-of-interest concerns

According to 2024 SEC filings, Steve Witkoff, Trump’s special envoy, was a “promoter” of the World Liberty Financial initiative. The venture operates as a decentralized finance platform offering cryptocurrency lending and trading services.

Since it launched last year, World Liberty Financial sold 21 billion tokens in a public offering, generating $1 billion in funding.

Trump’s involvement appears legal on the surface, but Democrats and some Republicans have flagged Trump’s willingness to profit while in office as a conflict of interest —particularly since the president holds substantial crypto stakes while influencing policy.

SEC Chair Paul Atkins has dropped several high-profile enforcement cases against cryptocurrency companies since taking office. This has created a more favorable regulatory environment for the industry, one in which Trump has seemingly granted investors access to the executive branch if they’re Official Trump (TRUMP) owners.

Rep. Jamie Raskin, the top House Democrat, recently opened a probe into the private dinner Trump hosted for top investors in his meme coin.

In addition to World Liberty Financial, Trump Media & Technology Group declared its intention to raise $2.5 billion for a “bitcoin treasury” strategy and to introduce a Bitcoin exchange-traded fund.

Major investor backs Trump crypto ventures

DRW Investments, controlled by Chicago trader Don Wilson, invested $100 million in Trump Media just nine weeks after Cumberland, Wilson’s crypto liquidity provider, received SEC enforcement relief.

Cumberland won dismissal of a civil complaint alleging unregistered securities dealer violations in March. Prior to the SEC dropping charges under the new leadership, the Biden administration had pursued the matter.

DRW’s investment makes it among the largest financiers of Trump Media’s cryptocurrency expansion plans. The funding supports the company’s ambitions to acquire over $2 billion in cryptocurrency holdings and establish bitcoin treasury operations.



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June 14, 2025 0 comments
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RichMiner green mining beats Musk's carbon standards with potential 1.61% daily income
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RichMiner green mining beats Musk’s carbon standards with potential 1.61% daily income

by admin June 5, 2025



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Crypto mining now consumes more energy than the Philippines, but RichMiner’s AI + green power model promises to deliver 1.61% daily returns.

The global energy consumption of crypto mining has exceeded the national electricity consumption of the Philippines, and 60% of the income of traditional mines is swallowed up by energy costs. 

When Musk suspended Bitcoin payments due to “carbon emissions” and the EU’s Market in Crypto Assets Regulation (MICA) imposed a 30% carbon tax on non-green electricity mining, a cloud mining platform called RichMiner, relying on its “AI + green electricity” dual engines, set an industry record of 1.61% daily returns, opening up a new blue ocean of passive income for investors.

Three technical pillars for soaring returns

RichMiner’s core competitiveness stems from its hard-core architecture that deeply integrates AI algorithms, renewable energy and compliant financial frameworks: 

AI intelligent mining engine – the center for maximizing returns.

  • Zero threshold dynamic switching: The platform’ AI analyzes the prices and computing power requirements of currencies such as BTC, ETH, and DOGE in real time, and automatically switches the user’s computing power to the currency with the highest return, with more than a thousand optimizations per day.
  • Fully automated operation and maintenance: 24/7 monitoring of mining machine status, with a self-repair rate of 95%, ensuring continuous and uninterrupted operation of equipment.
  • Anti-volatility strategy: When the halving of Bitcoin causes computing power fluctuations, the system automatically transfers 30% of computing power to emerging high-yield currencies (such as Dogecoin) to buffer the decline in revenue.

Green power network – the cornerstone of low-cost mining: 

  • RichMiner deploys mining farms in renewable energy-rich areas such as plateaus and global deserts.
  • Direct connection to power plants reduces costs by 40%: By building solar farms and wind farms, the electricity cost is only 60% of that of traditional mines.
  • Zero-carbon certificate traceability: Every kilowatt-hour of electricity is matched with an international renewable energy certificate (REC), and carbon emissions are more than 75% lower than coal-fired power plants.
  • Avoid electricity price fluctuations: Users do not need to bear the risk of fossil energy price increases (such as a 200% surge in electricity prices during the European gas crisis in 2024), and the stability of income is increased by 50%.
  • Green data center diagram: RichMiner’s distributed green mines use solar and wind energy to directly supply electricity, reducing energy costs by 40%.

Investor strategy with a daily return of 1.61%

In 2025, RichMiner launched the “Short-term High Turnover Contract Matrix” to break through the traditional mining payback period limit with scientific calculations:

Key strategies for explosive returns:

Compound interest reinvestment: Daily returns (such as $8,800 contracts earning $141.68 per day) can be invested in higher-level contracts to increase returns;

Newcomer benefits: Register and receive a $15 reward, with daily returns of $0.6.

Hedge arbitrage: When the price of Bitcoin fluctuates by more than 15%, AI automatically starts option hedging, successfully avoiding three black swan crashes in Q4 2024.

RichMiner promises a net profit of $3,825 for a $8,800 contract in 27 days, a product of algorithm optimization and green electricity cost advantages.

Dual moats of compliance and security

Against the backdrop of frequent industry chaos (e.g., the vacancy rate of China’s intelligent computing center exceeds 80%), RichMiner has built an institutional-level risk control system:

  • Asset cold storage: 95% of user assets are stored in offline multi-signature wallets, with zero security incidents for three consecutive years from 2023 to 2025;
  • Dual-track compliance: Comply with international anti-money laundering regulations and US SEC carbon disclosure requirements at the same time, and audit reports are made public quarterly;
  • Green electricity financialization: Tokenize carbon emission reductions into RWA assets (e.g., 1 GREEN Token is generated for every MWh of electricity generated), which can be traded twice on the DeFi platform.

Future layout: DePIN+AI reconstructs energy network

RichMiner is evolving from a mining service provider to a green energy infrastructure operator:

  • Photovoltaic storage and charging smart nodes: deploy physical nodes that integrate photovoltaic panels, energy storage batteries and charging piles. Users who invest $300K in nodes can obtain triple benefits of green electricity sales + mining + grid subsidies;
  • EnergyGPT is online: AI models predict peak and valley electricity prices (such as the Texas power grid error rate <2%), guiding mining farms to charge when electricity prices are low and discharge at peak times for arbitrage, and the energy storage utilization rate has been increased by 40% in 2025;
  • Strategic cooperation with Bit Xiaolu: access to Norwegian hydropower and Bhutan wind power networks, with the goal of achieving 100% renewable energy coverage in 2025.

Conclusion

When traditional miners lose 30% of their profits due to carbon tax, RichMiner has opened up a channel for investors to achieve both profit and environmental protection with the triple barriers of AI dynamic optimization + green power cost reduction + compliance framework. With the full implementation of the EU MICA regulations (2025), non-green power mines will be eliminated faster, and those who plan ahead have taken the lead.

Green computing power is the future asset; every low-carbon token is rewriting the valuation logic of the crypto world.

Visit the official website RichMiner to receive a $15 bonus and choose a 27-day lightning contract to lock in 1.61% daily income.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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June 5, 2025 0 comments
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Crypto Trends

Why Democrat Zoltan Istvan Is Backing Basic Income, Home Robots in California Governor Bid

by admin June 5, 2025



In brief

  • California gubernatorial candidate Zoltan Istvan warns that AI and humanoid robots could eliminate 50% of jobs, calling it a looming “job apocalypse.”
  • To address the threat, Istvan proposes a universal basic income and providing every household with a humanoid robot.
  • Shifting from the Transhumanist to the Democratic Party, Istvan emphasizes the urgency of regulating AI and preparing society for its rapid advancement.

As artificial intelligence threatens to disrupt the American workforce, Zoltan Istvan, who’s running for the Democratic nomination for Governor in California, is betting on a radical solution: universal basic income and a humanoid robot in every home.

Istvan’s campaign comes as tech leaders warn that AI could eliminate up to 50% of entry-level jobs within the next five years. Istvan believes the threat is far broader, predicting that the rise of generative AI and humanoid robots imperils half of all jobs.

“That is what my campaign is about,” Istvan told Decrypt. “We’re saying 50% of all jobs at this point are at risk. You can see the infrastructure being built in China and the U.S. and around the world for these humanoid robots.”

Friends, today I’m officially announcing my campaign for California Governor for the Democratic Party. After years of watching inequality, homelessness, regulation, taxes, lawfare, and crime increase in my home state, I’ve decided to do something about it. But the far deeper… pic.twitter.com/hPfqNW6WBn

— Zoltan Istvan 🖖 (@zoltan_istvan) April 29, 2025

While AI has become widespread since the public launch of ChatGPT in 2022, Istvan called the stakes urgent, arguing that the public’s understanding of AI hasn’t kept pace with its rapid development.

“It’s like a BMW, what hits the market is what was developed 18 months ago,” he said. “Right now, they’re test-driving 2027 models, producing 2026 models, and selling us the 2025 versions. The same thing is happening in AI.”

Best known for his 2016 presidential bid under the Transhumanist banner, Istvan drove a coffin-shaped bus across the country to promote his platform of radically extending human life through advancements in biotechnology, artificial intelligence, and other technologies.

Though he still identifies with transhumanist ideals, Istvan said switching from the Transhumanist Party to the Democratic Party is a strategic move to stay competitive in a traditionally one-party state.

“In California, to run as anything other than a Democrat would just mean you’re not going to win,” Istvan said.

To confront what he calls a looming “job apocalypse,” due to a convergence of humanoid robots and AI, Istvan is promoting two primary policy goals: establishing a universal basic income and ensuring a humanoid robot in every California household.

“Implementing universal basic income must be a top priority,” he said. “Otherwise, people in the next year or two, as they start losing their jobs en masse, are going to be picking up the pitchforks and causing huge disruption to society.”

Istvan said he is less concerned with the method of funding UBI, with options including taxation, company shares, or a robot tax, and more concerned with the urgent implementation.

Greater ambitions

The second policy he proposed is even more ambitious, providing every California citizen with a humanoid robot.

“We want to provide or lease a humanoid robot to every household,” he said. “That way, people can spend less time on chores, driving, or cooking, and more time with family.”

Getting voters to accept the idea of a free robot may be easier said than done. In a recent survey of U.S. and U.K. respondents, 12% reported being polite out of fear of a future AI uprising.

Istvan acknowledged the cultural resistance to robots, fueled by decades of dystopian science fiction films like James Cameron’s “The Terminator” and Gareth Edwards’ “The Creator,” but believes the benefits will outweigh fears.

That said, Istvan expressed concern about unregulated progress toward artificial general intelligence and superintelligence, commonly referred to as the singularity. He compared the current trajectory to playing with a loaded gun.

“We can’t just launch superintelligence and hope that it turns out for the best,” he said. “Unlike nuclear weapons, which remain under human control, superintelligence could develop beyond our ability to contain it.”

To create meaningful guardrails for AI, Istvan believes international cooperation is necessary.

“This is not going to be China versus America anymore,” he said. “This is going to be the human race versus a potential AI that might not like us.”

As the AI revolution accelerates, Istvan hopes California can serve as a testing ground for policies that merge technology with humanity’s best interests—before it’s too late.

“If we could guarantee that AI is not going to come after us, I would absolutely say, let us go through with it,” he said. “We’d end up in a more utopic world. The standard of living will go up. People will live longer.”

Before his utopian vision can come to pass, however, Istvan will still need to get through a highly competitive, expensive, and often contentious California election season.

Among ten “likely candidates” in a statewide Emerson College poll in April, former Vice-President Kamala Harris led the pack with 30 percent of the vote (though 50% of people polled said she shouldn’t run). Istvan was not among the names polled.

Edited by Josh Quittner and Sebastian Sinclair

Generally Intelligent Newsletter

A weekly AI journey narrated by Gen, a generative AI model.





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