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XRP Ledger XLS-86 Amendment Introduces New Firewall Layer – What To Expect

by admin September 18, 2025


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

The XRP Ledger (XRPL) is entering a new evolutionary phase with the introduction of the XLS-86 amendment, which brings a firewall layer directly at the protocol level. For years, crypto investors and institutions have raised concerns over scams and network vulnerabilities that erode confidence in blockchain technology. With this new amendment, XRPL is positioning itself as one of the most secure and institution-ready networks in the industry. 

About The XRP Ledger XLS-86 Firewall Amendment

Crypto analyst Stedas recently outlined in a post on X social media how the XLS-86 amendment will function as a built-in security layer to shield XRPL users from common threats that plague decentralized ecosystems. Unlike optional tools or third-party protection measures, this firewall amendment integrates security at the protocol itself, making defenses automatic and seamless for users. 

Stedas notes that the firewall will automatically warn users before they attempt to send funds to addresses flagged as risky, effectively preventing accidental transfers to scammers. A shared database across exchanges and wallets will reportedly serve as a coordinated defense, ensuring that malicious actors are blocked regardless of where they attempt to operate. 

Additionally, the analyst emphasized that the system will employ Artificial Intelligence (AI) to detect phishing attempts and fake domains, thereby providing proactive safeguards to prevent users from falling victim to these scams. Most importantly, Stedas stated that the XLS-86 firewall protection is not reliant on manual oversight or individual awareness, as it is embedded into the XRP Ledger rules. That means every user benefits from an equal level of defense, reducing the burden of vigilance that has historically fallen on retail investors. 

Analysts Call XRPL “BulletProof” With XLS-86

The broader crypto and XRP community’s positive reaction to the XLS-86 firewall amendment reflects just how transformative this new upgrade could be. In a recent X post, Market enthusiast Paul White Gold Eagle described the XRP Ledger as “bulletproof,” noting that the upcoming upgrade is not simply another incremental patch but a complete security overhaul.

According to his perspective, the firewall will stop authorized access, block malicious transactions, and prevent drain attacks—all major threats that have led to losses across other chains. By adding anti-scam protections at its core, XRPL addresses one of the crypto industry’s greatest vulnerabilities. 

Gold Eagle noted that phishing and fraud have long undermined adoption, but XLS-86 introduces institutional-grade security that could open the door to banks, governments, and Fortune 500 corporations. He emphasized that this new firewall amendment is the type of infrastructure that Wall Street pays attention to, as no other chain currently offers protocol-level firewall defenses. 

Other crypto community members echoed similar sentiments. ‘Chris_eth-’ on X stressed that XLS-86 features, such as automatic scan address flagging, coordinated forensics with exchanges and validators, and wallet warnings before risky payments, will collectively form a multi-layered shield for XRP users. Combined with recent fixes like the xrpl.js library compromise, this firewall amendment signals that the ecosystem is no longer tolerating security gaps.

XRP trading at $3.11 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Adobe Stock, 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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Fbs Sees Ethereum Being Positioned As Wall Street’s Base Layer
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FBS Sees Ethereum Being Positioned as Wall Street’s Base Layer

by admin September 11, 2025



FBS, a global brokerage firm licensed in multiple jurisdictions, has highlighted Ethereum’s (ETH) evaluation from merely being a speculative cryptocurrency to the foundational infrastructure for traditional finance. 

As per the official release, FBS acknowledged Ethereum’s growing role as a financial backbone for Wall Street. Further indicating Billionaire investor Peter Thiel’s backing of ETH-focused treasuries is acting as a strong signal that institutional capital is now viewing Ethereum as core Financial infrastructure.

Thiel’s Founders Fund owns 7.5% of ETHzilla, a biotech company turned Ethereum treasury, and 9.1% of BitMine Immersion Technologies, another firm that has adopted an Ethereum treasury strategy, and also he leads several investors into Ether (ETH).

FBS, also stated that Ethereum’s staking economy has played a key role in accelerating its transformation with more than $170 billion worth of ETH staked. The assets are comparable to bonds with annual yields of 3-4% making it increasingly attractive for pension funds, corporate treasuries and institutional investors seeking stable income streams.

The experts acknowledged Ethereum’s layer 2 networks namely Arbitrum, Optimism, and Coinbase’s Base, which process about 12-14 million daily, therefore surpassing Ethereum’s own mainnet. The achievements have put Ethereum in a position to be tokenized of real-world assets (RWA) where it already has projects backed by big institutions like JPMorgan, Black rock and Citigroup.

Currently, the already known tokens that will benefit from this institutional shift include, Arbitrum  (ARB), Chainlink (LINK), and Lido (LDO). Also, the analysis noted that ETH spots ETFs which were launched in 2024, have managed to attract $30 billion in assets under management. Beyond the ETF, the tokenization market already worth $24 billion is expected to expand rapidly.

With Ethereum’s expansion, scaling solutions and tokenization, it is in a great position to become Wall Street’s base layer.

Also Read: Hong Kong Arrest 2 Over Alleged Electricity Theft for Bitcoin Mining



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September 11, 2025 0 comments
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Upbit unveils GIWA, a fast Ethereum Layer 2 with 1-second blocks - 1
Crypto Trends

Upbit unveils GIWA, a fast Ethereum Layer 2 with 1-second blocks

by admin September 9, 2025



The choice of a layer-2 network for South Korea’s largest exchange is a testament to Ethereum’s central role in the DeFi space.

Summary

  • South Korea’s largest crypto exchange is launching its own network
  • Giwa network will be a layer-2 chain, built for fast speeds
  • Upbit dominates South Korea’s crypto market with 73.4% of volumes

South Korea’s largest crypto exchange, Upbit, has officially stepped into blockchain infrastructure. On September 9, the exchange launched GIWA Chain, an Ethereum layer-2 network built on the Optimism OP Stack. The launch was announced at the Upbit D Conference (UDC) in Seoul after teasers in the days leading up to the event.

Giwa Network will feature one-second block times and EVM compatibility. At the same time, the network will leverage Ethereum to secure transactions. This enables the network to offer faster transactions while ensuring it is secure against attacks. Its name, Giwa, comes from traditional Korean roof tiles and symbolizes scalability.

In addition to Giwa Network, Upbit also unveiled a Giwa wallet, which will feature support for some of the larger EVM-compatible networks. The exchange will also launch a developer sandbox with full documentation in English and Korean to help developers build on the chain.

Upbit dominates Korea’s CEX market

Upbit is a dominant player in the South Korean crypto market. In 2024, the exchange accounted for 73.4% of trading volume on CEXs, processing $2 to 4 billion in daily volume. The exchange also has 8 million users, most of them in Asia.

Upbit was gearing up for a big reveal in the days ahead of the announcement. As reported by several sources, Dunamu, its parent company, filed for a Giwa trademark. Upbit also set up a timer on the Giwa website counting down to the launch. Still, earlier reports by Cointelegraph that the network would be a layer-1 chain turned out to be incorrect.



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September 9, 2025 0 comments
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Crypto Trends

Upbit Unveils Ethereum Layer 2 ‘GIWA’ To Compete In Infrastructure Race

by admin September 9, 2025



Upbit, South Korea’s largest exchange by volume, confirmed plans on Tuesday to launch its own Ethereum Layer 2 network, GIWA, as part of a broader infrastructure push, a month after trademark filings hinted at the project.

Shortly before the confirmation, Dunamu CEO Oh Kyung-seok teased details of the project in a keynote speech at the Upbit Developer Conference, saying South Korea “can aggressively compete in the global financial infrastructure race, extending beyond Asia,” according to a rough translation of a company tweet.

Citing the approval of the first U.S. Bitcoin ETF last year and the signing of landmark stablecoin legislation into law, Oh added that digital assets are “not a bubble but the result of evolution.”



While blockchain development has advanced in markets like the U.S. and Singapore, “the Korean market remains largely sidelined,” a representative for the company told Decrypt. 

“Dunamu hopes that more domestic developers will build innovative blockchain services on GIWA, enter the Web3 ecosystem, and avoid being excluded from the global market,” the representative said.

GIWA will follow a phased decentralization roadmap, with stablecoin plans dependent on pending Korean regulation, Decrypt was told. The network is designed to offer scalability through Optimistic Rollups, privacy features with verified liquidity from Upbit’s market data, and a mobile wallet for assets, NFTs, and dApps. 

The confirmation follows trademark filings on August 8 from Dunamu Inc., the operator behind Upbit. A Sepolia testnet for the layer-2 chain is now live.

“Although still in testnet, Giwa represents an important step in expanding opportunities for both Korean and global builders,” Rei Nam, chief technology officer at Lambda256, Dunamu’s blockchain technology arm and subsidiary, told Decrypt, adding that their team has supported “Giwa Chain from its earliest stage,” to help “new services and ideas emerge from it.”

Diversification play

GIWA is built on Optimism’s OP Stack, with its public testnet targeting one-second block times. A dedicated GIWA Wallet application is in development, per details on its official documentation.

Analysts say the network’s design raises familiar questions around centralization.

Like Coinbase’s Base, GIWA is expected to begin with a single sequencer under operator control, a model that can give exchanges significant influence over transaction ordering and potential maximal extractable value (MEV) capture. 

In Ethereum-based Layer 2 networks, a sequencer orders transactions, groups them into batches, and submits them back to Ethereum for settlement. 

Earlier this month, a regulatory report cautioned that exchange-operated Layer 2 networks could in practice function as trading venues, raising questions over whether similar scrutiny may extend to Asia.

Similar to Upbit, large exchanges such as Coinbase in the U.S. also have “centralized sequencer issues,” Jay Jo, senior analyst at Seoul-based Tiger Research, told Decrypt. “Both Coinbase and Upbit focus more on financial infrastructure innovation and utility than decentralization. They’ll likely operate similarly.”

“Sure, Upbit tried diversifying with Levvels, NFTs, and overseas exchanges in Thailand and Indonesia. Most failed,” he said.

Still, even if those have failed and regulatory risks exist, Upbit “operates under the direct supervision of Korean authorities,” Jo said, noting that the crypto exchange had likely reached some agreements with regulators before moving forward with GIWA.

Given this, Upbit would need “growth drivers since domestic volumes declined after 2021 and competition keeps intensifying,” he said, adding that fee-based models have clear limits, because previous attempts at revenue diversification have failed to deliver.

Building its own chain could leverage its advantages, Jo said, pointing to a “massive user base and liquidity” for Upbit.

“This might be their most realistic diversification play.”

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September 9, 2025 0 comments
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MegaETH taps Ethena to launch USDm stablecoin and cut layer 2 fees
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MegaETH taps Ethena to launch USDm stablecoin and cut layer 2 fees

by admin September 9, 2025



MegaETH is creating a new economic core by launching the USDm stablecoin. The asset leverages yield from institutional-grade reserves to subsidize network operations, aiming to permanently decouple revenue from user fees.

Summary

  • MegaETH partnered with Ethena to launch USDm, a stablecoin designed to finance Layer 2 operations.
  • USDm uses reserve yields, mainly from BlackRock’s tokenized treasury fund, to subsidize network costs and lower fees.

In an announcement on September 8, MegaETH revealed that it is partnering with Ethena to roll out USDm, a native stablecoin designed to finance sequencer operations without relying on transaction markups.

Instead of passing costs on to users, USDm is designed to channel reserve yields into network expenses, allowing MegaETH to keep fees near cost while maintaining operational sustainability. The team said the reserves are primarily held in BlackRock’s tokenized treasury fund, BUIDL.

A new model for progressive blockchain economics

According to MegaETH, the asset is built to solve a fundamental flaw in layer-2 design: the misalignment between ecosystem growth and fee revenue. Most chains capture value by charging margins on sequencer fees, a model that grows more volatile as throughput scales and data costs compress. By contrast, USDm shifts the burden away from users and relies on reserve yields to finance network operations.

That structure is meant to make fees both stable and negligible, creating conditions for applications that cannot thrive when every action costs multiple cents.

“USDm means lower fees for users and a more expressive design space for applications. We are excited to work with Ethena to enable a win-win scenario for all stakeholders in our ecosystem,” co-founder Shuyao Kong, said.

MegaETH said USDm’s v1 reserves are primarily allocated to BlackRock’s tokenized U.S. Treasury fund through Securitize, providing institutional-grade backing and a predictable yield stream. While the stablecoin launches with a foundation in USDtb, its reserves can evolve to include other Ethena products like USDe as market conditions dictate, according to the announcement.

The choice of Ethena as a partner was strategic. Beyond its reputation for USDe, the third-largest USD-denominated crypto asset, Ethena brings its institutional-grade USDtb rails to the partnership.

Per the statement, USDtb boasts approximately $1.5 billion in circulation and represents a pioneering effort in regulatory compliance, developed in collaboration with Anchorage Digital Bank with the upcoming GENIUS Act in mind. Its reserves are predominantly held in BUIDL, with Ethena and Securitize enabling 24/7 atomic swaps between USDtb and the underlying treasuries, ensuring tight settlement and transparency.



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September 9, 2025 0 comments
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RoadCraft's first expansion adds a bridge layer, two new maps, and the option to make your life much tougher
Game Updates

RoadCraft’s first expansion adds a bridge layer, two new maps, and the option to make your life much tougher

by admin September 5, 2025


The first bit of DLC for mud-splattered infrastructure setup sim RoadCraft has rumbled out of the garage, bringing with it a couple of new maps, several extra vehicles, and some extra-tough options for those craving a hard time.

One of those fresh rides is a bridge layer, and you best believe it’ll end up wedged somewhere improbable with its wheels spinning helplessly once I get my hands on it. How can you mess up motoring towards a gap, and pressing the ‘commence bridgening’ button? It’ll be possible.

Watch on YouTube

Alongside that bridge layer in the Rebuild expansion’s offerings are two new Central European maps. The first, Contamination, is all about cleanup duty following a train crash dumping something not nice in a river thanks to some earthquaking. Then, there’s Wash-Out, which as its name suggests is a rather wet venture into a “reclaimed wasteland” to get an oil processor up and running again.

Developers Saber Interactive have split 100 new missions between the two, many of which will likely amount to pick thing up or unfuck this please, as is the runner series’ tradition. I’m a tad disappointed in the fact that aside from the all-new Vostok MU-97 ‘Ant’ bridge layer, the other four extra vehicles are just revamped versions of rides from the base game. There’s a bridge layer conversion for the Tayga dump truck, plus beefed up variants of the Thunder scout, Tuz 119 scout, and Mule T1 crane lorry.

That’s it for the stuff included in the expansion, but there’s also some free stuff on top of that, in the form of the Wayfarer ST7050 fuel truck and some advanced difficulty options. The latter includes “tougher fuel management, harsher convoy conditions, and stricter recovery rules, while adjusting costs and economy for a more demanding, realistic experience”.

While these are features some players have been asking for since release, back when I reviewed it I quite liked the fact that it omitted some of the nitty gritty management you’ve got to juggle in a lot of these games. It was something that helped set the RoadCraft experience apart from its muddy siblings SnowRunner and Expeditions, both of which are still getting fairly regular additions for those who want an excuse to hop back into them.

Meanwhile, our Brendy summed the RoadCrafting experience up thus in his review:

RoadCraft is a podcast game, in the same vein as Truck Simulator or Elite: Dangerous. There’s a big place for games like this in the world, sims that excel in delivering a specific kind of wonderful and comforting boredom. Slow tasks that act as a reassuring sedative in the manic whorl of life. But RoadCraft’s start-and-go flow makes it a bumpier ride for me. I was falling asleep, but I never quite drifted off into its promised dreamland.

I can definitely see what he means about the constructadriving sim having a bit of a mixed-up ethos when it comes to taking it slow all of the time, or being able to speed along if you wish. As the Brendo also wrote, whether you enjoy RoadCraft’ll likely depend on how much time you’re willing to give it, especially when things go wrong.

If you’ve dug this sort of thing before and can clear the calendar, this Rebuild expansion looks a decent reason to fire it up. If only to see whether the bridge layer’s as satisfying to use as the stump mulchers and tree harvesters.



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September 5, 2025 0 comments
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new institutional 'trust' layer to boost Tokenized ESG Investment
NFT Gaming

new institutional ‘trust’ layer to boost Tokenized ESG Investment

by admin September 4, 2025



Tokenized assets are emerging as a blockchain-based trust layer for institutional investors targeting sustainable market opportunities, signaling a potential influx of capital onto blockchain rails.

Real-world asset (RWA) tokenization refers to financial and tangible assets minted on a permanent blockchain ledger, offering benefits such as fractional ownership, wider investor access and 24/7 liquidity.

According to Corey Billington, co-founder and CEO of tokenization infrastructure firm Blubird, tokenized RWAs offer a tamper-proof trust system that is absent in traditional finance and climate finance.

“The old system is very slow, very broken, and unfortunately, that’s where most of the market looks at the moment,” said Billington, speaking during Cointelegraph’s Chain Reaction daily live X spaces show on Monday, adding: 

“A [tokenized NFT] is their receipt, and that cannot be doctored. It can’t be forged. Nothing can be done about that.”

This “creates a whole other trust layer that just does not exist at the moment,” said the CEO, adding that this may attract more institutional capital onchain.

Related: RWA protocol exploits reach $14.6M in H1 2025, surpassing 2024

$32B emission reduction tokenization milestone

The comments come shortly after Blubird and wealth tokenization platform Arx Veritas tokenized $32 billion worth of Emission Reduction Assets (ERAs), preventing nearly 400 million tons of CO₂ emissions, Cointelegraph reported last Thursday.

The $32 billion marks the largest tokenization event aligned with the Environmental, Social, and Governance (ESG) framework. 

#CHAINREACTION https://t.co/tNB8P4DTaI

— Zoltan Vardai (@ZVardai) September 1, 2025

Related: Mantle 2.0 to accelerate DeFi-CeFi convergence: Delphi Digital

Tokenization to bring trillions in institutional climate investments onchain

The issuance of tokenized ERAs may bring trillions in institutional capital to the blockchain.

“It really creates a lot of new access points for climate finance,” which is currently limited by the inefficiencies of existing systems, Billington said.

One major bottleneck is the slow verification process for carbon assets, which can take up to 18 months through nonprofit standard-setter Verra, developer of the widely used Verified Carbon Standard (VCS).

Still, tokenized RWAs are already enabling billions of dollars to flow into ESG-aligned initiatives.

Blubird has more than $18 billion in tokenization deals lined up through 2026, representing another 230 million tons of potential CO₂ emissions avoided, according to Billington.

“We’re looking at roughly 230 million tons of CO₂ prevented emissions equivalent to that additional $18 billion pipeline,” said Billington.

If pipelines like Blubird’s materialize, tokenization could become the backbone of institutional ESG investment strategies by 2030.

Magazine: TradFi is building Ethereum L2s to tokenize trillions in RWAs — Inside story





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September 4, 2025 0 comments
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Utila founders Sam Eiderman, CTO, and Bentzi Rabi, CEO (Utila)
GameFi Guides

Silent Data Becomes First Privacy-Focused Layer 2 to Join Ethereum’s Superchain

by admin September 3, 2025



Silent Data, a new Ethereum Layer 2 network developed by Applied Blockchain, has become the first privacy-focused chain to join the Superchain, the company said in a Wednesday press release.

Built on the OP Stack, the London-based project is designed to let organizations run blockchain applications without exposing sensitive information, combining what it calls “programmable privacy” with scalability, performance, and regulatory alignment.

The OP Stack is the open-source development stack that powers the Optimism blockchain.

“Leveraging the OP Stack allows us to integrate into a robust and widely adopted Layer 2 ecosystem,” Applied Blockchain founder and CEO Adi Ben-Ari, said in the statement.

A layer 1 network is the base layer, or the underlying infrastructure of a blockchain. Layer 2 refers to a set of off-chain systems or separate blockchains built on top of layer 1s.

The Superchain, an ecosystem of more than 30 Layer 2 networks, includes Coinbase’s Base, OP Mainnet, Kraken’s Ink, Sony’s Soneium, Uniswap’s Unichain, and World Chain.

Silent Data is the first to introduce a privacy wrapper, enabling sensitive workloads to be executed on-chain without losing transparency or composability.

The project recently launched with a library of privacy-enabled applications and is already being tested across several industries.

Companies exploring its use include Tokeny, an Apex Group company, and Archax in real-world asset tokenization; Shell in energy trading; and CRYOPDP, a subsidiary of DHL Health Logistics, in healthcare and supply chain management.

Its stack can also be adopted by other Superchain layer 2s or projects looking to deploy their own rollups, signaling a wider move to bring enterprise-ready privacy into blockchain infrastructure, the firm said.



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September 3, 2025 0 comments
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