Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop
Tag:

media

ICE Wants to Build Out a 24/7 Social Media Surveillance Team
Product Reviews

ICE Wants to Build Out a 24/7 Social Media Surveillance Team

by admin October 3, 2025


United States immigration authorities are moving to dramatically expand their social media surveillance, with plans to hire nearly 30 contractors to sift through posts, photos, and messages—raw material to be transformed into intelligence for deportation arrests and raids.

Federal contracting records reviewed by WIRED show the agency is seeking private vendors to run a multi-year surveillance program out of two of its little-known targeting centers. The program envisions stationing nearly 30 private analysts at Immigration and Customs Enforcement facilities in Vermont and Southern California. Their job: Scour Facebook, TikTok, Instagram, YouTube, and other platforms, converting posts and profiles into fresh leads for enforcement raids.

The initiative is still at the request-for-information stage, a step agencies use to gauge interest from contractors before an official bidding process. But draft planning documents show the scheme is ambitious: ICE wants a contractor capable of staffing the centers around the clock, constantly processing cases on tight deadlines, and supplying the agency with the latest and greatest subscription-based surveillance software.

The facilities at the heart of this plan are two of ICE’s three targeting centers, responsible for producing leads that feed directly into the agency’s enforcement operations.The National Criminal Analysis and Targeting Center sits in Williston, Vermont. It handles cases across much of the eastern US. The Pacific Enforcement Response Center, based in Santa Ana, California, oversees the western region and is designed to run 24 hours a day, seven days a week.

Internal planning documents show each site would be staffed with a mix of senior analysts, shift leads, and rank-and-file researchers. Vermont would see a team of a dozen contractors, including a program manager and 10 analysts. California would host a larger, nonstop watch floor with 16 staff. At all times, at least one senior analyst and three researchers would be on duty at the Santa Ana site.

Together, these teams would operate as intelligence arms of ICE’s Enforcement and Removal Operations division. They will receive tips and incoming cases, research individuals online, and package the results into dossiers that could be used by field offices to plan arrests.



Source link

October 3, 2025 0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
Crypto Trends

Donald Trump Jr. Calls Media Treatment a ‘Disaster’, Likens Deplatforming to Crypto Debanking

by admin October 3, 2025



In brief

  • Trump Jr. described his experience with mainstream media as “a disaster,” likening their exclusion from coverage to being debanked.
  • He said independent outlets, podcasts, and long-form formats fill gaps left by traditional press.
  • Observers told Decrypt that credibility depends on transparency and accountability, regardless of the outlet.

Donald Trump Jr. told a jam-packed conference room at Token 2049 in Singapore how the media’s unfair treatment of his family had spurred them to create alternative forms of channeling attention and engagement.

Trump, the son of U.S. President Donald Trump and co-founder of World Liberty Financial, said that the crypto project resulted from the First Family’s efforts to foster friendlier coverage. 

“I think my overall experience with the media has been, let’s call it, a disaster,” Trump Jr. said. “Where we’re starting to get a fair shake is that the media has discredited themselves so often and so much that the media, like finance, is shifting to alternate forms.”



Trump Jr. and his family have been increasingly active in the digital asset space through multiple projects that seem to have generated massive gains for them, but also drawn blowback from critics who believe the Trumps have been advancing their own interests.

Trump Jr. called “the independent journalism route, the podcasts, people who are talking long-form,” as part of a trend where communication can be construed as “not just delivering a sound bite for whatever corporate powers would have them be doing.” 

He said these formats would enable “real” conversations, and offered an opportunity for people outside traditional media to fill a “void.” including his family. 

“We got into crypto because—out of necessity—we were debanked, so we came up with a solution,” Trump Jr. said, pointing to how, in the same manner as the media, they were deplatformed, shut down, and thrown off “every platform imaginable.”

Trump Jr. and his brother, Eric Trump, have frequently spoken about facing challenges in the banking industry, with Eric saying earlier this year that “some of the biggest banks in the world” canceled their accounts after President Trump’s first term. Eric Trump further blamed “woke cancel culture” for the trend.

Trump’s comments drew largely favorable reviews from crypto industry observers.

In an interview with Decrypt, Tory Green, co-founder and chairman of decentralized GPU platform io.net, highlighted the importance of “transparency and accountability,” and said that mainstream media often overlooks important details about crypto, for example, which is “why independent outlets matter.”

Alluding to the president’s removal from social media platforms following the January 6 U.S. Capitol attack in 2021, Coin Bureau founder and CEO Nic Puckrin told Decrypt that “deplatforming” was wrong. 

“You should have an opinion. You should be able to share it, right?” Puckrin said. “No matter what people think about it, you should be able to [opine], so deplatforming is bad,” although he added that Trump Jr.’s story was “a bit of a spin, of course.”

Cecilia Hsueh, chief strategy officer at MEXC, said that alternative media often did a better job of covering the crypto industry itself than mainstream outlets that miss the industry’s culture and pace. 

“Crypto is very unique,” she said. “The way we do things, degen culture—it’s fast, it switches rapidly.” 

She added: “Traditional media has “this perception [on crypto] that it’s a speculation first, and then they use that perception to look into what we are doing: all the initiatives, the creative ideas,” although she noted positive changes as “Bitcoin has become a mainstream asset.”

Decrypt reached out to World Liberty Finance and Donald Trump Jr. for additional comment, but did not immediately receive a response.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

October 3, 2025 0 comments
0 FacebookTwitterPinterestEmail
Dogecoin
Crypto Trends

Dogecoin Mining Gets $2.5M Boost From Trump-Linked Thumzup Media

by admin October 2, 2025


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

According to multiple reports, Thumzup Media Corporation has provided a $2.5 million loan to DogeHash Technologies to help expand Dogecoin mining operations.

The cash is tied to an agreement that could turn into an all-stock acquisition, with DogeHash shareholders reportedly set to receive about 30.7 million Thumzup shares under the deal.

That swap, based on the filings and press notes, may lead the combined company to adopt a new ticker and brand if the transaction closes.

Thumzup Expands Mining Fleet

Reports have disclosed the fresh funds will go toward buying and deploying more mining rigs. The plan calls for adding 500+ ASIC miners, which backers say would push the company’s active machines to over 4,000 by year end.

That is a substantial jump from current levels. The company has also been building a treasury of Dogecoin. Based on reports, Thumzup has accumulated roughly 7.5 million DOGE at an estimated cost near $2 million.

Share Swap And Possible Rebrand

Sources indicate the proposed purchase is an all-share transaction rather than a cash sale. The 30.7 million share figure would give DogeHash holders a stake in Thumzup, and some statements suggest management expects to seek a new ticker — mentioned in rumor as “XDOG” — after closing.

Dogecoin currently trading at $0.24. Chart: TradingView

Timelines cited in disclosures point to a closing window in Q4, but that timing depends on regulatory checks and shareholder approvals. The change in focus from marketing services to crypto and mining is being framed by backers as a strategic shift for Thumzup’s business model.

Regulatory And Execution Risks

There are risks. Reports warn that delivering hundreds of ASIC units, securing power, and managing higher operating costs are not simple tasks. Mining difficulty and hardware supply chain delays could blunt the expected gains.

Loan terms and final deal mechanics remain subject to due diligence. Also, while the news has been tied to the Trump family, the link is mainly through prior share purchases by Donald Trump Jr., not direct corporate control.

Market And Shareholder Reaction

Stock and crypto watchers reacted quickly. Some traders bid the shares and Dogecoin higher on the news, while others eyed the deal skeptically.

Analysts pointed out that buying more miners does not guarantee profit if Dogecoin’s network conditions change or energy costs spike. Shareholders will look closely at the details of the loan, any future dilution, and the timeline for full integration of DogeHash into Thumzup.

Featured image from Unsplash, 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.



Source link

October 2, 2025 0 comments
0 FacebookTwitterPinterestEmail
Randy Pitchford advises Borderlands 4 players to "get a refund" if they're not happy with it, as social media tirade defending PC performance continues
Game Updates

Randy Pitchford advises Borderlands 4 players to “get a refund” if they’re not happy with it, as social media tirade defending PC performance continues

by admin September 20, 2025


As criticism of Borderlands 4’s technical performance continues, Gearbox CEO Randy Pitchford has told players to “get a refund from Steam if you aren’t happy with it”.

Since Borderlands 4’s release last week, Pitchford has been on a tirade on social media in defence of the game calling it “pretty damn optimal”.

In his latest post, Pitchford stated every PC gamer “must accept the reality of the relationship between their hardware and what the software they are running is doing”, effectively placing responsibility on individual players to perform their own optimisations.

Official Story Trailer | Borderlands 4Watch on YouTube

One player responded “Your product doesn’t meet the standards” and said it took days to get the game to a tolerable state.

“You can do whatever you want,” Pitchford replied. “The game is the game. Please get a refund from Steam if you aren’t happy with it.

“You made an analogy to a vehicle. I would not put a Ferrari engine in a monster truck and expect it to drive like a Ferrari. If you tell me about your specification, I can help you optimise your performance. I’m sorry you don’t like being told to use DLSS, but that is the way. If you’re not happy using the tools available to you to improve frame rate and you’re not happy with the frame rate you have, you should play a different game.

“The game is awesome and it is designed to be just fine of an experience at 30fps and feel great at 60fps. We also have provided a lot of options for you to make different trade offs between frame rate, resolution, and graphics features than we would make and we encourage you to use those tools to optimise to your taste. Would you like help tuning your experience better to your liking?”

Every PC gamer must accept the reality of the relationship between their hardware and what the software they are running is doing.

— Randy Pitchford (@DuvalMagic) September 15, 2025

To see this content please enable targeting cookies.

Manage cookie settings

Despite performance issues across both PC and console platforms, Borderlands 4 is proving popular. On Steam alone it’s reached a concurrent player count of over 304k (though this remains behind Hollow Knight: Silksong).

The official Borderlands account released some player stats such as items looted and bosses defeated, with Pitchford adding: “Holy bananas you guys played a LOT of Borderlands 4 over the weekend. The backend on-line services all held, which is what we hoped would happen!”

It also looks like a POV slider could be added for console players, following complaints of motion sickness.





Source link

September 20, 2025 0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
GameFi Guides

Remilia Launching Milady Social Media Network to Serve ‘4chan Diaspora’

by admin September 20, 2025



In brief

  • Remilia Corporation is launching a Milady-centric social network called RemiliaChat.
  • The rollout is beginning with RemiliaNET, a social identity layer launching Friday.
  • While aimed at fans of 4chan, RemiliaChat will have some level of content moderation.

The Milady gang thinks social media is broken, calling the community of fans the “diaspora of chan culture”—such as the notoriously edgy 4chan. To fix that, the NFT project’s creators are launching a social media network to rival X, with the first step coming via official Milady profiles.

RemiliaNET is an in-browser experience that will allow the community to track their Milady achievements and build up a “social credit score,” with a competitive leaderboard to boot. And the upcoming RemiliaChat, with no release date confirmed, looks to be a fully fledged social media platform with an algorithm-driven feed and chat function.

“Remilia’s goal has never been just to dominate crypto and NFTs. We plan to save the entire culture of the internet, and the world through it, in the same way we did for crypto. RemiliaChat is how we achieve this,” Remilia Corporation Chief of Staff Michael Dragovic told Decrypt. “RemiliaNET is the identity service layer of Remilia Chat. We’re launching it now prior to releasing full social features to begin the onboarding process.”

Two weeks ago, a mysterious countdown started on the Milady Cult website, sending its community into a frenzy of theories and self-referential memes—the latest being, “What did CULT mean by this?” As it ticked down to zero, an additional eight days were added to the clock in the wake of last week’s assassination of right-wing activist Charlie Kirk.

RemiliaNET profiles. Image: Remilia Corporation

On Friday, the clock finally finished, and it was revealed that what CULT meant was that RemiliaNET is now open for business.

Users of RemiliaNET will have the option of using one of the default Kagami-style profile pictures, or connecting their wallet to use an NFT profile picture from a wide array of Remilia and derivative collections—including Radbro, Aura, and Schizposters.

Most importantly, though, the platform will become the go-to spot for the Milady community to track their achievements, which translates to a “social credit score” used to place everyone upon a global leaderboard.

Achievements can already be unlocked via the Remilia Achievement Score page. Some of these can be collected by minting specific NFTs, playing on the Miladycraft Minecraft server, or participating in one of the project’s many alternate reality games.

The new system, Remilia Corporation says, however, will be much more seamless. Plus, the number of achievements is also set to expand with the launch of the site, with notifications prompting users when a new achievement is available.

In doing this, Dragovic—better known as Scorched Earth Policy—confirmed to Decrypt that RemiliaNET will act as a platform for users to “actively and knowingly” participate in “manipulation rounds.” This refers to periods where Milady’s CULT token is airdropped to users based on their achievements and rankings, although Dragovic added that rewards will not be limited to CULT tokens.

“RemiliaNET assigns a public ‘social credit score’ to every user that serves as multifactor sybil detection as well as cross-platform scoring, which will result in hidden incentive rewards,” Dragovic told Decrypt. “[It] will extend beyond direct token allocation into a general rewards ecosystem. These will be used to encourage user behaviors that maximize quality contribution and community distribution.”

Why RemiliaChat?

Friday’s launch of RemiliaNET is just the first step towards the creation of RemiliaChat, an ambitious Milady-infused attempt to disrupt the social media status quo. Remilia Corporation leader Charlotte Fang has been preparing the cult for this moment for years, forcing the core team to flicker through different platforms for communication.

“We’ve experimented with dozens of platforms in the past five years alone,” Dragovic said. “We’re definitely veterans of the internet, and we have quite a bit of experience with understanding what makes a platform work and what keeps that fire alive.”



As such, Dragovic said, the team has learned lessons from what they see as the downfall of Reddit, Discord, Twitter, and chan culture, especially 4chan. RemiliaChat will attempt to build on those failings to build a social media platform with a content feed, chat, and profiles. Specifically, RemiliaChat will look to reduce the pertinence of “slop” content via a custom algorithm, and emphasize anonymity and pseudonymity. 

It’s not just the team leading the Milady-sphere that is deeply rooted in internet culture; the entire community is a product of obsession with online spaces and disillusionment with the perceived degradation of society. 

“Remilia has been very much a product of the diaspora of chan culture,” Dragovic told Decrypt. “People are yearning for a new platform and a new space. RemeliaChat wants to be that. It wants to be the place where people go. It’s going to be one of the first and only platforms that’s designed around really hard online discourse principles.”

With a core community entrenched in online culture and a team dedicated to critiquing it, RemiliaChat hopes to become a new cultural hub for the cultivation of radical thought.

“Society’s most important discourse always occurs in iconic gathering places,” Dragovic said. “These places were our tribal campfires, our Athenian forums, our zones of intellectual exchange. And within them, always a core group of people coming together to develop the ideas of their time.”

“Our pivotal places now happen online,” he added. “Our iconic minds are anonymous posters.”

A free-for-all?

Milady, Remilia, and its surrounding communities have become a melting pot of ideas branching to the far corners of all wings of the political spectrum. However, many outsiders would likely characterize the group as far-right, with its tendencies to echo racist and other controversial sentiments.

In part, however, the group’s flirtation with fringe theories comes as part of Fang’s concept of “pre-cancelling” yourself. This has led to members leaning into shock humor or intentionally saying slurs under the intention of appearing punk, despite not necessarily agreeing with their own take.

As a result of this ethos, moderation on traditional social media platforms has become a problem for the community. RemiliaChat, to the dismay of its community, cannot be completely unmoderated as the spread of illegal and unethical content, such as child sexual abuse materials, may occur.

Remilia Corporation confirmed to Decrypt that it will have a moderation system in place, and claims to have been learning lessons on how to handle it through its previous projects.

“Our intention is to do as little moderation as possible in terms of content,” Dragovic told Decrypt. “Our belief is that 90% of moderation comes from the way you design the layout of your site. The site should itself steer the user into posting a certain way and creating a certain form of engagement.”

“We’ll intervene on the absolutely necessary parts,” he added, “like bad actors, illegal shit, and things that could get the FBI knocking on our door.”

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

September 20, 2025 0 comments
0 FacebookTwitterPinterestEmail
How AI Is Upending Politics, Tech, the Media, and More
Product Reviews

How AI Is Upending Politics, Tech, the Media, and More

by admin September 15, 2025


In an increasingly divided world, one thing that everyone seems to agree on is that artificial intelligence is a hugely disruptive—and sometimes downright destructive—phenomenon.

At WIRED’s AI Power Summit in New York on Monday, leaders from the worlds of tech, politics, and the media came together to discuss how AI is transforming their intertwined worlds. The Summit included voices from the AI industry, a current US senator, a former Trump administration official, and publishers including WIRED’s parent company, Condé Nast. You can view a livestream of the event in full below.

Livestream: WIRED’s AI Power Summit

“In journalism, many of us have been excited and worried about AI in equal measure,” said Anna Wintour, Condé Nast’s chief content officer and the global editorial director of Vogue, in her opening remarks. “We worry about it replacing our work, and the work of those we write about.”

Leaders from the world of politics offered contrasting visions for ensuring AI has a positive impact overall. Richard Blumenthal, the Democratic senator from Connecticut, said policymakers should learn from social media and figure out suitable guardrails around copyright infringement and other key issues before AI causes too much damage. “We want to deal with the perfect storm that is engulfing journalism,” he said in conversation with WIRED global editorial director Katie Drummond.

In a separate conversation, Dean Ball, a senior fellow at the Foundation for American Innovation and one of the authors of the Trump administration’s AI Action Plan, defended that policy blueprint’s vision for AI regulation. He claimed that it introduced more rules around AI risks than any other government has produced.

Figures from within the AI industry painted a rosy picture of AI’s impact, too, arguing that it will be a boon for economic growth and would not be deployed unchecked.



Source link

September 15, 2025 0 comments
0 FacebookTwitterPinterestEmail
Are Billionaires Destroying Social Media? Ethereum's Buterin Weighs In
GameFi Guides

Are Billionaires Destroying Social Media? Ethereum’s Buterin Weighs In

by admin September 15, 2025


  • Good old days?
  • Anti-capitalist or elitism? 

The increasing toxicity of social media is a hot-button issue, and some believe that billionaires are to blame for this. 

Ethereum’s Vitalik Buterin recently weighed in on the matter, explaining that Web 1.0, which is generally considered to be the very first stage of the World Wide Web, was considered to be a much more unbridled source of good. 

Good old days?

Despite the fact that the technology was quite underwhelming with static websites and minimal interactivity, some still feel nostalgic about this era due to its grassroots spirit since Silicon Valley was yet to seize control, and the online experience was not shaped by tech behemoths such as Facebook, Amazon, and Google. 

You Might Also Like

Plus, the audience is less selective since content is now being explicitly pushed at consumers instead of being sought out. In the early days, for instance, users had to look for a specific internet forum that matched their interests.

Anti-capitalist or elitism? 

With Web 1, there was little pressure for websites to be profitable as opposed to Web 2 platforms that prioritize strong capital optimization. 

Hence, if one adopts an anti-capitalist view, the current toxicity of social media essentially boils down to the flawed incentive structure.

At the same time, as Buterin argues, the problem with the current state of the internet is that it is meant to appeal to the average Joe with shallow and often reactive content that is mainly comprised of memes and soundbites. For comparison, Web 1 was mainly being created by well-informed “right-curve” users. 

The Ethereum co-founder also believes that this could be due to “some mix” of both of these factors. 



Source link

September 15, 2025 0 comments
0 FacebookTwitterPinterestEmail
Trump Media Links Truth Social Gems to Crypto.com’s Cronos
Crypto Trends

Trump Media Links Truth Social Gems to Crypto.com’s Cronos

by admin September 9, 2025



Trump Media and Technology Group has updated its Truth Social platform to connect its digital rewards program with cryptocurrency.

The company announced on Tuesday that Truth Social users subscribed to its Patriot Package, a paid version of its Truth+ streaming platform, will gain access to premium features like the “Truth gems,” as part of its upgraded rewards program. 

The gems can be earned through activities across Trump Media’s platforms and converted into Cronos (CRO), the native token of Crypto.com, using the exchange’s wallet infrastructure.

Cointelegraph reached out to Crypto.com for more information, but did not receive a response by publication. 

Trump Media takes a different approach to Truth Social rewards

The move to integrate CRO signals a pivot from the company’s earlier remarks about exploring the launch of its own utility token. 

In April, Trump Media said it was exploring the launch of a proprietary token and digital wallet to support its Truth+ streaming platform. In an April 29 letter to shareholders, Trump Media CEO Devin Nunes said the company is exploring the introduction of a utility token within a Truth digital wallet.  

Nunes said the token can initially be used to pay for subscription costs and be applied to other products within the ecosystem. He added that the token will also be part of a rewards program that Trump Media is exploring across services. 

In May, rumors of a Truth Social memecoin launching circulated on social media. However, Truth Social denied that it was planning to launch a memecoin. Donald Trump Jr., the US president’s eldest son, said that there was “no truth” to the rumors. 

Related: Trump family’s wealth grew by $1.3B following ABTC and WLFI debuts: Report

Trump Media and Crypto.com’s relationship 

This is not the first time that Trump Media has collaborated with Crypto.com. Earlier this year, the company partnered with the platform to launch exchange-traded funds (ETFs) tracking digital assets and securities “with a Made in America focus.” 

The funds will launch through Truth.Fi and will be available through Crypto.com’s broker-dealer, Foris Capital. The ETFs are expected to go live later in 2025, subject to regulatory approvals. 

Trump Media has also entered a major agreement with Crypto.com to acquire 684.4 million CRO tokens, worth roughly $105 million, as part of a broader $6.4 billion digital-asset treasury strategy. The tokens will be acquired through a mix of stock and cash and held in Crypto.com’s institutional custody, potentially allowing Trump Media to stake them for additional yield.

Magazine: ‘Accidental jailbreaks’ and ChatGPT’s links to murder, suicide: AI Eye



Source link

September 9, 2025 0 comments
0 FacebookTwitterPinterestEmail
Coinbase Lawyer? Bill Morgan Shuts Down False Media Labeling
Crypto Trends

Coinbase Lawyer? Bill Morgan Shuts Down False Media Labeling

by admin September 7, 2025


Just a day after addressing growing speculations that the U.S. leading cryptocurrency exchange Coinbase may be manipulating XRP’s price movement, Bill Morgan now has to restate his true identity after being wrongly identified by the media.

On Sunday, Sept. 7, Bill Morgan was spotted on X issuing a fierce reaction to a trendy media post that appears to have mistakenly identified the pro-crypto lawyer as “Coinbase lawyer.”

Bill Morgan dismisses buzz on XRP manipulation

While Bill Morgan’s mislabeling as “Coinbase lawyer” might have not been intentional, the lawyer has frowned seriously at the media post, pushing strongly against the false title as he considers it a formidable insult that cannot be overlooked.

Nonetheless, it is important to note that Morgan’s mislabeling as a Coinbase lawyer came amid rising debates in the crypto community that Coinbase could have been manipulating the price of XRP, which led to the recent drawdown.

The claims had appeared convincing after reports about Coinbase reducing its XRP holdings surfaced. The unusual move saw Coinbase XRP holdings being slashed massively by about 69%, dropping from a massive 780 million XRP to 199 million XRP.

The move saw the crypto community form the narrative that the significant reduction in Coinbase’s XRP holdings was allegedly a sell-off in an attempt to intentionally push the price of XRP down.

You Might Also Like

Bill Morgan had taken to the media space to address the speculation while disputing the XRP manipulation claims. In his statement, Bill Morgan had argued that the price of XRP was only forming its regular pattern, which it had also formed at the time when Coinbase did not engage in any market activity but only delisted the token from its trading platform.

While Morgan further acknowledged Coinbase’s unwelcoming stance on XRP, he confirmed that the reduction in Coinbase’s XRP holdings is not valid evidence that the exchange might be manipulating the price of the asset.

Following Morgan’s advocacy for Coinbase on the issue, he has been wrongly identified as a Coinbase lawyer. Nonetheless, Morgan has cleared the air on the false identification. Morgan received the Coinbase tag as an insult he is not willing to tolerate, cautioning the crypto community to stay true to his actual identity.



Source link

September 7, 2025 0 comments
0 FacebookTwitterPinterestEmail
Trump Media
GameFi Guides

Trump Media Invest $105M in CRO Following Crypto.Com Treasury Agreement

by admin September 6, 2025


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

Trump Media and Technology Group, the parent company behind Truth Social, has now completed a $105 million purchase agreement with popular digital exchange Crypto.com. This development follows the previous announcement of the Trump Media Group CRO Strategy Inc. to build a $6.42 billion CRO treasury.

Trump Media Strategic Cronos (CRO) Partnership

According to a press release on September 5, Trump Media will acquire 684.4 million CRO at about $0.153 per token. The payment structure is 50% stock and 50% cash, and both the CRO tokens and Trump Media shares received will be subject to a lockup period (i.e., cannot be sold immediately). 

This tranche represents about 2% of CRO’s circulating supply, separate from an additional 19% of supply that Trump Media Group CRO Strategy, Inc. (a related entity) is set to acquire. Commenting on this deal, Trump Media’s CEO and Chairman, Devin Nunes, has shared much potential of CRO in alignment with the company’s strategic goals. 

Nunes said: 

Trump Media is pleased to close this agreement and quickly begin to fulfill our strategic partnership with Crypto.com. We’re convinced that CRO has tremendous potential to spread widely as a versatile utility token and a superior form of safe, fast payment and money transfer, and we’re excited to add this innovative asset to our balance sheet.

Notably, the American media company will custody the tokens using Crypto.com Custody, which also allows them to stake CRO for yield (extra revenue). Crypto.com Co-Founder Kris Marszalek shares much optimism on this aspect of the deal, lauding the utility of the CRO token. 

Marszalek said:

This is the first of many steps to driving utility and value for CRO and the Cronos blockchain. We are proud to provide support to Trump Media with our best-in-class custody solution and generate additional value through CRO’s staking model.

Meanwhile, the purchase agreement also presents a clause that allows Truth Social to adopt CRO as a pioneering reward system using Crypto.com  wallet infrastructure.

CRO Price Overview

At the time of writing, CRO is trading at $0.26810, down by 0.95% in the past 24 hours, culminating in a 16.42% loss over the week. Alongside this purchase deal with Crypto.com, Truth Social’s parent company unveiled Trump Media Group CRO Strategy, Inc., a new entity set to merge with SPAC Yorkville Acquisition Corp to form a dedicated treasury vehicle focused on acquiring and managing CRO.

CRO trading at $0.268 on the daily chart | Source: CROUSDT chart on Tradingview.com

Featured image from Reuters, 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.



Source link

September 6, 2025 0 comments
0 FacebookTwitterPinterestEmail
  • 1
  • 2

Categories

  • Crypto Trends (1,098)
  • Esports (800)
  • Game Reviews (772)
  • Game Updates (906)
  • GameFi Guides (1,058)
  • Gaming Gear (960)
  • NFT Gaming (1,079)
  • Product Reviews (960)

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?
  • How to Unblock OpenAI’s Sora 2 If You’re Outside the US and Canada
  • Final Fantasy 7 Remake and Rebirth finally available as physical double pack on PS5
  • The 10 Most Valuable Cards

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal

    October 10, 2025
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025
  • How to Unblock OpenAI’s Sora 2 If You’re Outside the US and Canada

    October 10, 2025
  • Final Fantasy 7 Remake and Rebirth finally available as physical double pack on PS5

    October 10, 2025
  • The 10 Most Valuable Cards

    October 10, 2025

Newsletter

About me

Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal

    October 10, 2025
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025

Newsletter

@2025 laughinghyena- All Right Reserved. Designed and Developed by Pro


Back To Top
Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop

Shopping Cart

Close

No products in the cart.

Close