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

Risk

Bitcoin Climbs as Long-Term Risk Falls: Healthy Market Divergence Forms
Crypto Trends

Bitcoin Climbs as Long-Term Risk Falls: Healthy Market Divergence Forms

by admin September 19, 2025


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

Bitcoin is at a pivotal juncture as the market digests Wednesday’s 25bps interest rate cut from the Federal Reserve, a decision that has shifted market dynamics into a new phase. Following the announcement, BTC has entered a period of consolidation, with price holding steady as investors weigh the potential for another leg higher. While short-term volatility remains a factor, sentiment leans bullish as traders anticipate a breakout that could push Bitcoin closer to its all-time highs.

Top analyst Axel Adler highlighted a critical structural development in the market. According to Adler, Bitcoin’s price is rising while Long-Term Risk is falling, an unusual but constructive divergence. This is happening because the Long-Term Holder (LTH) Realized Price is climbing faster, driven by expensive Short-Term Holder (STH) coins maturing into the long-term cohort. In practice, this means newer, higher-cost basis coins are balancing out older, cheaper ones, leading to what Adler calls a “healthy LTH profit reset.”

This dynamic reduces overheating risk, keeping market structure strong and supportive of further trend continuation. As a result, despite caution from some analysts, the long-term outlook remains favorable, setting the stage for decisive moves in the coming weeks.

Long-Term Risk Dynamics Signal Healthy Bitcoin Cycle

Axel Adler explains that since March, Bitcoin’s Long-Term Risk has been steadily declining, reflecting a constructive shift in market structure. The key driver behind this decline is that the Long-Term Holder (LTH) Realized Price has been rising faster than the spot price. This divergence creates a bullish signal, suggesting that Bitcoin’s underlying health is improving, even as price consolidates.

Bitcoin Long-Term Holder MVRV Dashboard | Source: Axel Adler

The mechanics behind this trend lie in the maturation of coins. Many were purchased during spring and summer at higher valuations and are now crossing the six-month threshold, officially transitioning into the LTH cohort. These newer coins have a higher cost basis, which pushes the LTH Realized Price upward at a faster pace than spot itself. Because of this, the LTH MVRV ratio (a measure of unrealized profits) does not inflate, and normalized Long-Term Risk falls despite rising price.

At the same time, older, cheaper coins are being distributed and exiting the LTH pool, while newer, more expensive ones are entering. This rotation compresses the LTH profit multiple without requiring a decline in spot price. The effect is powerful: each time Bitcoin pushes to a new all-time high, Long-Term Risk increases only modestly, while fresh demand from Short-Term Holders (STH) absorbs the supply flowing from LTH.

This process creates a bullish divergence where price trends higher but risk remains contained. Adler stresses that this structure allows the cycle to extend further, making it possible for Bitcoin to climb toward new highs without the typical overheating conditions that marked previous tops. In other words, Bitcoin’s long-term foundation remains strong, and the market could sustain a prolonged bullish phase driven by fresh capital inflows and healthier profit distribution dynamics.

Testing Resistance Before Breakout

Bitcoin (BTC) is currently trading around $116,781, with the chart showing price action consolidating just below a major resistance at $123,217. This level has repeatedly acted as a barrier over the past months, making it a crucial threshold for bulls to break in order to confirm a new upward leg.

BTC consolidates below $118K | Source: BTCUSDT chart on TradingView

The recent bounce from the $112,000–113,000 zone, supported by the 100-day SMA, reflects renewed buying interest after a period of weakness. The 50-day SMA has also turned upward, aligning close to spot price and signaling improving short-term momentum. Meanwhile, the 200-day SMA, currently around $103,200, remains comfortably below, confirming that Bitcoin’s broader trend is still bullish.

For now, BTC is moving within a constructive setup: higher lows have formed since early September, suggesting buyers are gradually regaining control. However, without a decisive breakout above $117,500–118,000, price could remain rangebound before attempting to retest the $123K resistance.

Featured image from Dall-E, 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

September 19, 2025 0 comments
0 FacebookTwitterPinterestEmail
Ethereum Mid-Sized Whales See Peak Unrealized Gains: Profit-Taking Risk Rises
Crypto Trends

Ethereum Mid-Sized Whales See Peak Unrealized Gains: Profit-Taking Risk Rises

by admin September 18, 2025


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

Ethereum is showing resilience in the current market, holding above the $4,500 level after weeks of steady momentum. The second-largest cryptocurrency has maintained a bullish structure, but buyers are now struggling to break past the $4,750 resistance zone, a level that has become a critical short-term test. While fundamentals remain solid, the hesitation at this threshold has prompted some analysts to warn of growing risks as Ethereum approaches historically significant levels.

Data from CryptoQuant adds weight to this cautious outlook. The firm reports that the unrealized profit of Ethereum wallets holding between 10,000 and 100,000 ETH has surged to levels not seen since November 2021, when ETH reached its all-time high. This means mid-sized whales are now sitting on significant paper gains, similar to conditions observed at the last cycle’s peak.

With bullish enthusiasm still strong but profit-taking risks rising, Ethereum’s next moves could prove decisive. A breakout above $4,750 may open the door to new highs, while rejection could trigger a sharp correction.

Ethereum Whales Signal Critical Stage

Ethereum has entered a pivotal phase as mid-sized whales are now sitting on significant unrealized profits. These paper gains have reached levels comparable to those seen at the November 2021 peak, when Ethereum touched its all-time high. The similarity in profit conditions has raised concerns among analysts, as such moments in previous cycles often preceded periods of profit-taking or heightened selling pressure.

Ethereum Unrealized Profit by Balance | Source: CryptoQuant

Historically, when unrealized profits for mid-sized whales reached such elevated levels, markets tended to experience increased volatility. Some holders opted to lock in their gains, triggering a cascade of selling that weighed on prices. This behavior doesn’t guarantee an immediate correction, but it underscores the psychological pressure investors face when sitting on substantial profits. Market participants, especially larger holders, often influence broader sentiment and liquidity, creating ripple effects across exchanges and trading desks.

At the same time, Ethereum remains fundamentally strong. Institutional inflows, network activity, and the broader optimism in crypto markets could temper aggressive selling and extend the rally. Still, analysts caution that the balance between bullish momentum and profit-taking behavior will determine Ethereum’s trajectory.

The coming weeks are decisive. A successful push above resistance could reignite momentum and test new highs, while increased selling pressure may trigger a consolidation phase or sharper correction. Ethereum’s fate now hinges on whether whales choose to hold for higher valuations or realize gains at current levels.

Technical Insights: Key Levels To Watch

Ethereum (ETH) is currently trading around $4,599, showing resilience above the $4,500 support level. The chart highlights a period of consolidation after ETH failed to sustain momentum above the $4,750 resistance zone, where selling pressure has repeatedly capped rallies. Despite this, the overall trend remains constructive, with ETH maintaining higher lows since early September.

ETH consolidates around $4,600 | Source: ETHUSDT chart on TradingView

The 50-day SMA (blue) is trending upward and sits close to $4,307, providing dynamic support that has cushioned recent pullbacks. Meanwhile, the 100-day SMA (green) at $3,614 and the 200-day SMA (red) at $2,846 reflect the broader bullish structure, suggesting that the market remains in a long-term uptrend. The moving averages are aligned in bullish order, further reinforcing positive momentum.

However, ETH is encountering strong resistance near $4,750, which remains the key barrier before a potential retest of all-time highs. A decisive breakout above this level, accompanied by rising volumes, could open the path toward $5,000 and beyond. On the downside, a failure to hold $4,500 may trigger a correction toward $4,300 or even the $4,000 psychological support.

Featured image from Dall-E, 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

September 18, 2025 0 comments
0 FacebookTwitterPinterestEmail
Fed Cuts Interest Rate in 'Risk Management' Move as Bitcoin Eyes Possible Upside
NFT Gaming

Fed Cuts Interest Rate in ‘Risk Management’ Move as Bitcoin Eyes Possible Upside

by admin September 18, 2025



The Federal Reserve has returned to easing mode after ten months of taking a wait and see approach on the U.S. economy.

In a widely expected move on Wednesday, the U.S. central bank cut its benchmark fed funds interest rate range by 25 basis points to 4%-4.25%, the lowest since December 2022, in what Fed chair Jerome Powell called a “risk management cut.”

The Fed acknowledged that economic growth in the first half of the year “moderated” and the job market has “slowed.” This slowdown, Powell said during a press conference, is mostly due to changes in immigration. Nevertheless, there was no widespread support for a larger cut, he said, and that the Fed was right to wait to lower rates and will not be rushed to cut more aggressively.

The decision follows growing signs that the U.S. labor market has begun to decisively weaken, the latest being the August employment report which showed the addition of just 22,000 jobs to the economy and the unemployment rate rising to 4.3%, the highest since 2021.

“The Fed is under pressure to lean more dovish, and any successor to Powell is likely to favor faster and deeper rate reductions,” Chris Rhine, Head of Liquid Active Strategies at Galaxy, said. “While risk assets had largely priced in this cut, the updated dot plot aligns with recent sell-side forecasts, pointing to another 50bps of cuts ahead.”

Alongside that data, revisions to previous months’ reports showed far less jobs had been created than previously thought.

Added to that was political pressure in the form of President Trump’s repeated criticisms of the Fed’s hesitancy to act in the face of what he insists has been softening inflation. Powell said during Wednesday’s press conference that the Fed is “strongly committed to maintaining [its] independence.”

Bitcoin ‘new highs’ possible

In the minutes following the rate cut, the price of bitcoin BTC$116,862.68 rose about 1% before giving up gains. It is currently down about 1.5% since the decision, trading at $115,092.

Major U.S. stock indexes — which have been repeatedly carving out record highs for weeks ahead of the Fed move — also briefly rose on the news but later fell sharply. Gold followed a similar move.

“The dots leaned more dovish, signaling the Fed is open to accelerating the pace of easing if conditions demand it,” said Matt Mena, Crypto Research Strategist at 21Shares. “That repricing risk is now front and center – creating an asymmetric setup for Bitcoin. While today’s 25bps cut provided the spark, it is the path implied by the dots – more than the cut itself – that may set the stage for Bitcoin to challenge new highs into year-end.”

Looking ahead

A glance at the Fed’s dot plot shows that the Commission is torn about how the rest of the year will unfold. A slight majority of participants of the Federal Open Market Committee (FOMC) believe there could be two more rate cuts this year.

Seven out of the 19 participants see rates kept steady throughout the year.

UPDATE (September 17, 18:18 UTC): Adds dot plot projections and markets update alongside commentary.

UPDATE (September 17, 18:39 UTC): Adds quote on markets.

UPDATE (September 17, 18:45 UTC): Adds quotes from Federal Reserve chair Jerome Powell.



Source link

September 18, 2025 0 comments
0 FacebookTwitterPinterestEmail
european-justice-shutterstock_10493053
NFT Gaming

Are Stablecoins Really a Risk to Bank Deposits? Coinbase Policy Chief Says ‘No’

by admin September 16, 2025



Contrary to claims from the U.S. banking industry, stablecoins do not pose a risk to the financial system, according to the chief policy officer at crypto exchange Coinbase (COIN), Faryar Shirzad. Banks’ claims that they do are are myths crafted to defend their revenues, he wrote in a Tueday blog post.

“The central claim — that stablecoins will cause a mass outflow of bank deposits — simply doesn’t hold up,” Shirzad wrote. “Recent analysis shows no meaningful link between stablecoin adoption and deposit flight for community banks and there’s no reason to believe big banks would fare any worse.”

Larger lenders still hold trillions of dollars at the Federal Reserve and if deposits were really at risk, he argued, they would be competing harder for customer funds by offering higher interest rates rather than parking cash at the central bank

According to Shirzad, the real reason for banks’ opposition is the payments business. Stablecoins, digital tokens whose value is pegged to a real-life asset such as the dollar, offer faster and cheaper ways to move money, threatening an estimated $187 billion in annual swipe-fee revenue for traditional card networks and banks.

He compared the current pushback to earlier battles against ATMs and online banking, when incumbents warned of systemic dangers but, he said, were ultimately trying to protect entrenched profits.

Shirzad also dismissed reports predicting trillions in potential outflows from deposits into stablecoins, whose total market cap is around $290 billion, according to data from CoinGecko. He stressed that stablecoins are primarily used as payment tools — for trading digital assets or sending funds abroad — not as long-term savings products.

Someone purchasing stablecoins to settle with an overseas supplier, he argued, is opting for a more efficient transaction method the going through their bank, not pulling money from a savings account.

He urged banks to embrace the technology instead of resisting it, saying stablecoin rails could cut settlement times, lower correspondent banking costs and provide round-the-clock payments. Those institutions willing to adapt, he wrote, stand to benefit from the shift.

The U.K., too, faces concerns about the effect of stablecoins on the financial industry.

The Financial Times reported Monday that the Bank of England is considering setting limits on how many “systemic” stablecoins people and companies can hold — setting thresholds as low as 10,000 pounds ($13,600) for individuals and about 10 million pounds for businesses.

Officials define systemic stablecoins as those already widely used for U.K. payments or expected to become so, and say the caps are needed to prevent sudden deposit outflows that could weaken lending and financial stability.



Source link

September 16, 2025 0 comments
0 FacebookTwitterPinterestEmail
Battlefield 6 spotting: A side-on shot of a soldier lying prone with an LMG at the ready.
Gaming Gear

Battlefield 6 devs knew ‘everything’ would leak from playtests but said the risk was worth it to get feedback from players: ‘That had to come at any cost’

by admin September 12, 2025



Game developers, generally speaking, don’t like leaks. Infinity Nikki studio Infold, for instance, recently described leaks as “poison to all creation.” That’s maybe a bit much, but it does capture the broad sentiment: When you’re working on something that’s meant to be a surprise, and someone blows that surprise, it sucks.

Developers do what they can to prevent leaks, but sometimes there’s just no getting around it. Such is the case with Battlefield 6: Technical director Christian Buhl told IGN that Ripple Effect (formerly DICE LA) “did not want leaks,” but it did want as much feedback from players as possible—and that meant rolling the dice.

“We had, actually, discussions, I think about a year or two ago,” Buhl said. “I guess it was maybe about two years ago, about how much we were going to do to prevent leaks versus how much we were going to do to get the game in front of players. We made a very deliberate decision that we were going to bias very heavily towards putting things in front of players and getting their feedback, even though we knew things would leak.”


Related articles

Sure enough, that’s exactly what happened: The Battlefield Labs program is technically a closed testing platform, but it’s been leaking like a sieve pretty much from the word go. That came as no surprise to developers—Buhl said he made a “big presentation” at one point where he asked rhetorically, and answered, “What will leak? Everything”—and it was ultimately viewed as a necessary price to pay: “We weren’t seeking leaks, but we knew that the most important thing was to get the game in front of players, get real feedback from players, get real telemetry, real data, and that had to come at any cost, including the fact that things would leak.”

Feedback from players is undoubtedly vital, especially when you’re making a game that aims to compete with the Call of Duty juggernaut. But there’s another significant benefit, as PC Gamer’s Morgan Park pointed out back in May when he wrote, “the Battlefield subreddit is an endless feed of leaked Battlefield 6 gameplay, and it might be the best marketing campaign of 2025.”

Leaks generate excitement that promotional trailers and developer streams can’t, because they’re “real” in a way that carefully curated marketing campaigns simply are not. And if that excitement generates demand for even more leaked material going forward, that has to be a lot better than people ignoring your game because nobody cares.

Keep up to date with the most important stories and the best deals, as picked by the PC Gamer team.



Source link

September 12, 2025 0 comments
0 FacebookTwitterPinterestEmail
Kristin Johnson Warns of Retail Risk, Regulatory Gaps in Prediction Markets
Crypto Trends

Kristin Johnson Warns of Retail Risk, Regulatory Gaps in Prediction Markets

by admin September 4, 2025



Outgoing Commodity Futures Trading Commission (CFTC) Commissioner Kristin N. Johnson warned that prediction markets pose increasing risks to retail investors. She cited a lack of oversight and regulatory clarity as primary concerns.

In her farewell public address on Wednesday, Johnson voiced concern that some market participants are offering leveraged prediction market contracts to retail investors without clear regulatory boundaries.

“As of today, we have too few guardrails and too little visibility into the prediction market landscape,” she said in a farewell speech at the Brookings Institution. “There is an urgent need for the commission to express in a clear voice our expectations related to these contracts,” she added.

Johnson, appointed to the CFTC in 2022, said she was “deeply disappointed” the agency had failed to implement a rule addressing political event contracts. These contracts, which allow users to bet on outcomes of elections or sports events, have rapidly expanded in popularity and volume.

Related: US regulator opens pathway for Americans to trade on offshore crypto exchanges

Johnson slams license flipping loophole

Johnson also criticized the growing “rent or buy my license” trend in derivatives markets. She said some firms seek licenses for traditional products, then pivot to self-certifying prediction market contracts once approved.

“In other contexts, firms that have received a license quickly auction their newly minted license to others,” she said.

Her remarks echoed broader concerns about consumer protection and market stability. Drawing parallels between the collapse of crypto firms like FTX and the 2008 financial crisis, she argued that governance and risk management failures often follow predictable patterns.

“If we fail to rightly prioritize consumer protection or market stability on the road to capturing the benefits of innovation or growth, the results can be devastating,” Johnson said.

She also warned that poor internal controls and compliance systems remain widespread across newer market entrants, particularly in crypto and now prediction markets. “Innovation and market stability should work together, enabling one to foster the other,” she said.

Related: US Regulators Clarify Rules for Spot Crypto Trading

CFTC grants regulatory relief to Polymarket

Johnson’s warning against prediction markets came as the CFTC issued a no-action letter to QCX LLC and QC Clearing LLC, two entities connected to the prediction market platform Polymarket.

While the decision does not exempt the entities from future compliance, it allows Polymarket to operate event-based markets in the US without immediate regulatory penalties. In July, Polymarket acquired QCEX, a CFTC-licensed exchange and clearinghouse, for $112 million.

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



Source link

September 4, 2025 0 comments
0 FacebookTwitterPinterestEmail
Bitcoin Derivative Pressure Score Hits 30%: Downside Risk Signal
GameFi Guides

Bitcoin Derivative Pressure Score Hits 30%: Downside Risk Signal

by admin September 2, 2025


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

Bitcoin is at a crossroads after failing to reclaim higher supply levels, raising concerns among investors about the strength of its current trend. The price has slipped below key demand zones, and bullish momentum is showing signs of exhaustion. For now, traders are watching closely as the market decides whether BTC can recover or if a deeper correction is underway.

The mood across the market has shifted, with many analysts warning that Bitcoin could soon test the $100K level. Such a move would mark one of the most significant corrections of this cycle, sparking fear among short-term participants while possibly presenting opportunities for longer-term investors.

Top analyst Axel Adler has shed light on the situation, pointing to data that highlights persistent derivative pressure. According to him, Bitcoin’s baseline trend suggests pullbacks are being driven by long de-leveraging. With derivative markets heavily influencing price action, this pressure score — currently sitting in an elevated zone — keeps the market vulnerable to downside jolts.

Bitcoin Open Interest Signals Risks Ahead

According to top analyst Axel Adler, Bitcoin’s current weakness is strongly tied to derivative market dynamics. He highlights that the Bitcoin Open Interest Pressure Score sits at 30%, placing it firmly in the upper band. Historically, this level reflects elevated risk conditions, where the market becomes vulnerable to sudden downside jolts. In such environments, leveraged longs face pressure, and any sharp decline in spot prices tends to trigger waves of liquidations that amplify volatility.

Bitcoin Open Interest Pressure Score (1-100) | Source: Axel Adler

Adler points out that the presence of orange cluster markers on the price chart reinforces this risk. These clusters typically favor continued sideways or lower movement as the market undergoes a process of long de-leveraging. Essentially, traders who overextended during Bitcoin’s surge above $120K are now being forced out of positions, which weighs on momentum and creates a ceiling on recovery attempts.

Adding further pressure is the recent capital rotation trend dominating crypto markets. Institutions and whales have been observed selling portions of their BTC holdings to accumulate Ethereum, a strategy supported by growing ETH adoption and whale activity. This shift of liquidity has likely contributed to Bitcoin’s struggle to hold above the $110K level, weakening bullish conviction.

If Bitcoin fails to reclaim lost ground and derivative pressure remains elevated, a test of the $100K zone becomes increasingly probable. Conversely, stabilization and absorption of selling could reset leverage and prepare BTC for its next major move. Either way, market participants should brace for heightened volatility.

Price Action Details: Testing Pivotal Level

Bitcoin (BTC) is showing signs of stabilization after intense volatility in recent sessions. The chart highlights BTC trading at $110,488, attempting to reclaim ground after dipping below the $110K threshold. This level has now become a pivotal battleground between bulls and bears, with the next moves likely determining short-term direction.

BTC consolidates around pivotal price level | Source: BTCUSDT chart on TradingView

The 50-day moving average sits above current price action, near $115,755, reinforcing the overhead resistance zone. BTC must regain this level to confirm strength and attempt a retest of the $123,217 resistance, which remains the major hurdle for continuation toward new highs. On the downside, the 200-day moving average, currently around $101,388, acts as a critical safety net. A decisive breakdown below that point could accelerate a deeper correction, with the $100K level serving as psychological support.

The structure suggests the market is in a consolidation phase, digesting the steep rally earlier in the cycle. If bulls manage to hold above $110K and build momentum, a move toward $115K and eventually $123K could follow. However, failure here may reopen the door for tests of lower demand zones closer to $105K–$101K.

Featured image from Dall-E, 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

September 2, 2025 0 comments
0 FacebookTwitterPinterestEmail
DOGE Put Everyone’s Social Security Data at Risk, Whistleblower Claims
Product Reviews

DOGE Put Everyone’s Social Security Data at Risk, Whistleblower Claims

by admin September 2, 2025


As students returned to school this week, WIRED spoke to a self-proclaimed leader of a violent online group known as “Purgatory” about a rash of swattings at universities across the US in recent days. The group claims to have ties to the loose cybercriminal network known as The Com, and the alleged Purgatory leader claimed responsibility for calling in hoax active-shooter alerts.

Researchers from multiple organizations warned this week that cybercriminals are increasingly using generative AI tools to fuel ransomware attacks, including real situations where cybercriminals without technical expertise are using AI to develop the malware. And a popular, yet enigmatic, shortwave Russian radio station known as UVB-76 seems to have turned into a tool for Kremlin propaganda after decades of mystery and intrigue.

But wait, there’s more! Each week, we round up the security and privacy news we didn’t cover in depth ourselves. Click the headlines to read the full stories. And stay safe out there.

Since it was first created, critics have warned that the young and inexperienced engineers in Elon Musk’s so-called Department of Government Efficiency (DOGE) were trampling over security and privacy rules in their seemingly reckless handling of US government data. Now a whistleblower claims that DOGE staff put one massive dataset at risk of hacking or leaking: a database containing troves of personal data about US residents, including virtually every American’s Social Security number.

The complaint from Social Security Administration chief data officer Charles Borges, filed with the Office of the Special Counsel and reviewed by The New York Times, states that DOGE affiliates explicitly overruled security and privacy concerns to upload the SSA database to a cloud server that lacked sufficient security monitoring, “potentially violating multiple federal statutes” in its allegedly reckless handling of the data. Internal DOGE and SSA communications reviewed by the Times shows officials waving off concerns about the data’s lack of sanitization or anonymization before it was uploaded to the server, despite concerns from SSA officials about the lack of security of that data transfer.

Borges didn’t allege that the data was actually breached or leaked, but Borges emphasized the vulnerability of the data and the immense cost if it were compromised. “Should bad actors gain access to this cloud environment, Americans may be susceptible to widespread identity theft, may lose vital health care and food benefits, and the government may be responsible for reissuing every American a new Social Security number at great cost,” Borges wrote.

Nearly 10 months have passed since the revelation that China’s cyberespionage group known as Salt Typhoon had penetrated US telecoms, spying on Americans’ calls and texts. Now the FBI is warning that the net cast by those hackers may have been far broader than even previously thought, encompassing potential victims in 80 countries. The bureau’s top cyber official, Brett Leatherman, told The Wall Street Journal and The Washington Post that the hackers had shown interest in at least 600 companies, which the FBI notified, though it’s not clear how many of those possible targets the hackers breached or what level of access they achieved. “That global indiscriminate targeting really is something that is outside the norms of cyberspace operations,” Leatherman told the Journal. The FBI says that Salt Typhoon’s telecom hacking alone resulted in the spies gaining access to at least a million call records and targeted the calls and texts of more than a hundred Americans.

Days after Donald Trump’s Alaska summit with Vladimir Putin, the White House moved to gut its own intelligence ranks. A senior CIA Russia analyst—29 years in service and slated for a coveted overseas post—was abruptly stripped of her clearance, The Washington Post reported. She was one of 37 officials forced out under an August 19 memo from Director of National Intelligence Tulsi Gabbard. The order listed no infractions. To colleagues, it looked like a loyalty purge. The firings have reportedly unsettled the CIA’s rank and file, sending a message that survival depends on hewing intelligence to fit the president’s views.

On Monday, Gabbard unveiled what she calls “ODNI 2.0,” a restructuring that cuts more than 500 positions and shutters or folds whole offices she deems redundant. The Foreign Malign Influence Center and the Cyber Threat Intelligence Integration Center are being pared back, while the National Intelligence University will be absorbed into the Pentagon’s defense school. Gabbard says the plan will save $700 million a year and depoliticize intelligence. Critics noted, however, a fact sheet published by Gabbard on Monday itemized only a fraction of those savings, and tjeu warned that the overhaul could hollow out the very coordination ODNI was created post-9/11 to provide—discarding expertise and leaving the intelligence fragmented at a time of escalating threats.



Source link

September 2, 2025 0 comments
0 FacebookTwitterPinterestEmail
El Salvador Splits Bitcoin Into Several Wallets Amid Quantum Risk
Crypto Trends

El Salvador Splits Bitcoin Into Several Wallets Amid Quantum Risk

by admin August 30, 2025



El Salvador has redistributed its Bitcoin reserve holdings into 14 new wallet addresses as a precaution against potential quantum computing threats.

“By splitting funds into smaller amounts, the impact of a potential quantum attack is minimized,” El Salvador’s Bitcoin Office said in an X post Friday, adding that each Bitcoin (BTC) address holds up to 500 BTC.

The Bitcoin Office explained that once funds are spent from a Bitcoin address, its public keys are revealed and vulnerable — making it a target for quantum computers to crack — should the technology evolve into a significant threat in the future.

Source: Nick Neuman

More than 6 million Bitcoin — worth around $650 billion — could be at risk if quantum computers become powerful enough to crack elliptic curve cryptography (ECC) keys, quantum research company Project Eleven said in April.

Onchain transfers have been made

El Salvador previously held its 6,274 Bitcoin stash (worth $678 million) in a single address, but blockchain data shows those funds were transferred into 14 new addresses on Friday.

El Salvador’s Bitcoin transfers into 14 new Bitcoin addresses.Source: Mempool.space

Quantum isn’t a worry, for now

While El Salvador’s move was praised by industry pundits, Project Eleven noted that quantum computing is still far away from being capable of hacking Bitcoin. A Bitcoin private key contains 256-bits, and no quantum computer running Shor’s algorithm has managed to even crack a 3-bit key yet.

Michael Saylor, the architect behind Strategy’s Bitcoin playbook, said quantum computing’s threat to Bitcoin is mere hype in June, adding that if it ever became a serious issue, the protocol’s core developers and hardware manufacturers would implement fixes.

“The answer is: Bitcoin network hardware upgrade, Bitcoin network software upgrade, just like [how] Microsoft, Google, the US government upgrade.”

El Salvador still entangled in IMF drama

El Salvador’s Bitcoin buys have been called into question after an International Monetary Fund report in July claimed that the Central American country has not made any new Bitcoin purchases since February.

Related: El Salvador’s Bukele reacts as $1B Bitcoin holdings bet increases on Kalshi

The country’s Bitcoin Office hasn’t directly addressed the claims and has continued to post about its Bitcoin purchases on X.

El Salvador secured a $1.4 billion funding deal from the IMF in December 2024 in exchange for scaling back its Bitcoin initiatives, among other conditions — though the terms appear to be under dispute between the two parties.

Magazine: 3 people who unexpectedly became crypto millionaires… and one who didn’t



Source link

August 30, 2025 0 comments
0 FacebookTwitterPinterestEmail
Bitcoin Miner Selling A Risk To The BTC Bull Market?
Crypto Trends

Bitcoin Miner Selling A Risk To The BTC Bull Market?

by admin August 29, 2025



Key takeaways:

  • Bitcoin miners sold $485 million worth of BTC during a 12-day period ending Aug. 23.

  • Despite miners selling, Bitcoin’s network hashrate and fundamentals remain resilient.

Bitcoin (BTC) reclaimed the $112,000 mark on Thursday, recovering from a six-week low hit just two days prior. Despite the bounce, traders remain uneasy as Bitcoin miners have been offloading coins at the fastest pace in nine months. The question is whether this signals the start of deeper trouble or if other factors are driving the recent outflows.

Bitcoin miners’ 5-day average net flows, BTC. Source: Glassnode

Miner wallets tracked by Glassnode show steady reductions between Aug. 11 and Aug. 23, with little sign of renewed accumulation since then. The last stretch of consistent withdrawals exceeding 500 BTC per day was back on Dec. 28, 2024, after Bitcoin repeatedly failed to hold above $97,000.

Bitcoin miners’ liquid balance, BTC. Source: Glassnode

In the latest sell-off, miners unloaded 4,207 BTC, worth roughly $485 million, during the 12-day period ending Aug. 23. That compares with a previous accumulation phase between April and July, when miners added 6,675 BTC to their reserves. Miner balances now stand at 63,736 BTC, valued at more than $7.1 billion.

While these flows are relatively small compared with allocations from companies like MicroStrategy (MSTR) and Metaplanet (MTPLF), they tend to fuel market speculation and FUD. If miners are facing tighter cash flow, selling pressures could escalate unless profitability improves.

Over the past nine months, Bitcoin has gained 18%, but miner profitability has dropped by 10%, according to HashRateIndex data. Rising mining difficulty and weaker demand for onchain transactions have weighed on margins. The Bitcoin network continues to self-adjust to support an average block interval of 10 minutes, but profitability remains a concern.

Bitcoin hashrate price index, PH/second. Source: HashRateIndex

The Bitcoin hashprice index currently stands at 54 PH/second, down from 59 PH/second a month ago. Even so, miners hardly have grounds to complain: the indicator has improved dramatically from levels seen back in March. According to NiceHash data, even Bitmain’s S19 XP rigs from late 2022 remain profitable at $0.09 per kWh.

Bitcoin miners face AI competition but remain resilient

Some investor disappointment stems from a growing shift toward artificial intelligence infrastructure. This narrative gained traction after TeraWulf (WULF) struck a $3.2 billion deal with Google in exchange for a 14% equity stake. The funds will be used to expand TeraWulf’s AI data center campus in New York, slated to launch operations in the second half of 2026.

Related: Bitcoin to hit $1.3M by 2035 as institutions drive demand–Bitwise

Other miners are following a similar pivot. Australian firm Iren, formerly known as Iris Energy, has accelerated the acquisition of Nvidia GPUs and is building a liquid-cooled AI data center in Texas, along with a new site in British Columbia that will hold as many as 20,000 GPUs. Meanwhile, Hive, previously Hive Blockchain, has committed $30 million to expand GPU-powered operations in Quebec.

Bitcoin mining hashrate, TH/second. Source: Blockchain.com

Despite the buzz around AI, Bitcoin’s own fundamentals remain solid. Network hashrate is nearing an all-time high at 960 million TH/second, up 7% in the past three months. That strength counters fears about miners’ net outflows or the lack of profitability gains across the sector.

There’s no evidence that miners are under immediate stress to liquidate positions, and even if selling continues, inflows into corporate reserves are more than capable of countering the effect.

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.



Source link

August 29, 2025 0 comments
0 FacebookTwitterPinterestEmail
  • 1
  • 2
  • 3

Categories

  • Crypto Trends (1,098)
  • Esports (800)
  • Game Reviews (732)
  • Game Updates (906)
  • GameFi Guides (1,058)
  • Gaming Gear (960)
  • NFT Gaming (1,079)
  • Product Reviews (960)

Recent Posts

  • AirPods 4 Are Now 3x Cheaper Than AirPods Pro, Amazon Is Offering Entry-Level Clearance Prices
  • Wildgate Review – A Shipshape Space Race
  • Battlefield 6 physical copies are content complete and require no initial install, according to early copy holders
  • KPop Demon Hunters Uploaded A New Song, But Something’s Off
  • One of Borderlands’ most hated characters seems to have been cut from Borderlands 4

Recent Posts

  • AirPods 4 Are Now 3x Cheaper Than AirPods Pro, Amazon Is Offering Entry-Level Clearance Prices

    October 8, 2025
  • Wildgate Review – A Shipshape Space Race

    October 8, 2025
  • Battlefield 6 physical copies are content complete and require no initial install, according to early copy holders

    October 8, 2025
  • KPop Demon Hunters Uploaded A New Song, But Something’s Off

    October 8, 2025
  • One of Borderlands’ most hated characters seems to have been cut from Borderlands 4

    October 7, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

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

  • AirPods 4 Are Now 3x Cheaper Than AirPods Pro, Amazon Is Offering Entry-Level Clearance Prices

    October 8, 2025
  • Wildgate Review – A Shipshape Space Race

    October 8, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

@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