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Kanye West Launches Yzy Token, Sparks Trend Across Crypto Industry
GameFi Guides

Kanye West Launches YZY Token, Sparks Trend Across Crypto Industry

by admin August 21, 2025



Popular rapper Kanye West has launched a new memecoin called YZY earlier today and it has taken over the crypto industry by a storm. Deployed on Solana, YZY token is currently talk of the town with the rapper describing project as the start of a “new economy, built on chain.”

The launch drew swift attention from investors with YZY’s valuation climbing as high as $3.2 billion at its peak before cooling to around $1.3 billion. These sharp moves showed how quickly celebrity-backed tokens can rise and fall.

Source: X

Building a New Economy with YZY Money

YZY token is positioned as the base of YZY Money project. Its ecosystem includes Ye Pay, a crypto payment service, and YZY Card, a global spending tool that works with both YZY and USD Coin. The project calls itself the start of “a new economy” built on-chain. It focuses on payments, commerce, and wider use of digital assets.

The token will be shared through public allocations and liquidity reserves. A portion is locked in long-term vesting under Yeezy Investments LLC to show commitment and transparency. Its vesting is carried out on-chain through Jupiter Lock, an audited protocol on Solana.

The launch also introduced an anti-sniping method, with the team deployed 25 contract addresses and picked one at random as the official YZY token. It was meant to block bots and give retail buyers a fair chance. 

Suspicious Trading Movements on YZY Meme Coin

Analysts at Lookonchain highlighted wallets that seemed to know the real contract in advance. One wallet bought YZY before launch and later sold most of its holdings for a profit of more than $1.5 million, raising doubts about equal access.

YZY can be traded on Meteora on Solana. Early trading showed sharp price swings, underlining both excitement and risk. YZY shows how a celebrity launch can draw instant market attention. Its lasting value, however, will depend on Ye’s ability to deliver real payment and commerce tools beyond the early hype.

Also Read: Sonic Labs Proposes Token Issuance to Enter U.S. TradFi Markets



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August 21, 2025 0 comments
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A screenshot featuring the Kai Cenat skin in Fortnite.
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Ninja defends Kai Cenat as Twitch star’s Fortnite skin sparks criticism

by admin August 21, 2025



Ninja is coming to the defense of Twitch star Kai Cenat after Fortnite added his skin to the game ahead of prominent creators more associated with the battle royale.

On August 19, Kai Cenat unveiled his new Fortnite skin, part of the Icon Series lineup, on the Las Vegas Sphere.

While Kai is one of the biggest names in the streaming world, some fans have taken issue with the AMP star getting a skin instead of Fortnite players or other streamers such as IShowSpeed.

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Surprisingly, Tyler ‘Ninja’ Blevins, someone who has had beef with Cenat in the past, stepped up to support Kai, explaining why it’s not as big of a deal some are making it out to be.

Epic Games

Ninja responds to Kai Cenat Fortnite skin backlash

During a broadcast, viewers inquired why Kai was getting a skin and Ninja had a simple reply.

“There are creators who have Icon skins and then there’s just Icons,” Belevins explained. “It’s safe to say he’s up there in the streaming scene.”

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Going through the roster of skins, Ninja said that a Speed skin would be “great” too, but added that Epic doesn’t just pump out cosmetics.

“These things are spaced out, so we can still see a Speed one in the future and there are loads of people who don’t play this game every day.”

Of note, Ninja pointed to the Eminem, Billie Eilish and Harry Kane skins as famous people not exactly associated with Fortnite, and there was more room for streamers to get skins.

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Ninja emphasised that Kai is an Icon and the fact that he’s not getting a Creator Skin means he’s not taking a skin away from someone.

Furthermore, he was convinced that Kai would be playing Fortnite a lot during his upcoming Mafiathon 3 after setting a Twitch subscriber record last year with 728,535.

The Kai Cenat collab is set to arrive on September 12, 2025.

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August 21, 2025 0 comments
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Ripple’s $606 Million XRP Transfer Sparks Hopes of Price Reversal
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Ripple’s $606 Million XRP Transfer Sparks Hopes of Price Reversal

by admin August 18, 2025


  • Ripple’s mysterious transfer sparks reactions 
  • XRP returns above $3.06

San Francisco-based blockchain company Ripple has stirred speculations with a mysterious transfer involving millions of XRP. On August 18, on-chain tracking platform Whale Alert spotted a major transfer from Ripple involving 200,000,000 XRP.

According to the data provider, Ripple had moved a mega amount of XRP to an unknown address. The transfer was worth over $606 million per XRP’s price at the time the transfer was executed.

Ripple’s mysterious transfer sparks reactions 

The massive XRP transfer from Ripple has sparked reactions across the community as the destination of the transferred assets remained anonymous.

Although the transfer comes as a little bit of a surprise, Ripple is known for making large XRP transfers at intervals, usually a few times every month.

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While market watchers have been closely monitoring on-chain moves like this, they have expressed curiosity as to whether the move could be the firm preparing for institutional deals or probably redistributing its reserves.

With the move coming amid a broad crypto market bloodbath, investors fear that the move might be Ripple preparing to dump its holdings ahead of deeper price declines.

Following the anonymous nature of Ripple’s giant move on XRP today, the lack of clarity on the destination of the transfer has fueled discussions about whether it could be tied to upcoming private accumulation which may be bullish for XRP’s potential price.

XRP returns above $3.06

After days of trading sideways, XRP appears to be retracing back to its previous support level as its price returns above $3.

Over the past days, the broad crypto market has been faced with a massive price bloodbath that saw the price of XRP fall as low as $2.9513 during the early hours of August 18.

Although the massive XRP decline experienced over the last 24 hours has seen short-term holders suffer massive losses, data from crypto analytics platforms shows that up to 94% of XRP’s circulating supply is in profit. This suggests that the XRP ecosystem is dominated by long-term holders with solid faith in the asset’s future potential.

Following the massive XRP transfer made by Ripple today, XRP appears to be forming a decent rebound as its price surges and holds steady at $3.07 as of press time.

While data from CoinMarketCap shows that the asset has plunged below $2.96 on the same day, investors’ hopes for a potential price breakout appear unshaken.



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August 18, 2025 0 comments
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Ceasefire
GameFi Guides

Iran-Israel Ceasefire Sparks Crypto Bounce

by admin June 24, 2025


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

The Iran-Israel ceasefire has stabilized world markets and given life to cryptocurrencies again, with Bitcoin rising back over $105,000 after momentarily dropping below $100,000 last week.

The ceasefire, as confirmed by US President Donald Trump on June 24, ended 12 days of escalating tensions that had shaken oil prices and sent investors into safer investments.

Now that the threat of full-scale conflict has cooled, investors are back in risk-taking mode—and crypto is reaping some of the benefits.

Oil Down, Risk Appetite Up

Reports show oil prices dipped below $70 per barrel after the ceasefire was announced. That shift alone was enough to steer market behavior, as fears of oil disruption in the Strait of Hormuz began to fade.

Lower oil prices usually mean reduced inflation pressure, which encourages investors to put money into assets that carry more risk—and potential reward.

💥BREAKING:

TRUMP ANNOUNCES CEASEFIRE BETWEEN IRAN AND ISRAEL.

BULLISH FOR MARKETS! 🚀 pic.twitter.com/M9PZM9UsB8

— Crypto Rover (@rovercrc) June 24, 2025

Cryptocurrencies were among the biggest winners in this wave. Bitcoin climbed more than 5% in a single day, topping $106,000 at its peak. Ethereum wasn’t far behind, adding around 7%, while Solana and Cardano each gained over 6%.

Dogecoin popped by 8%. Investors poured into crypto as the stock market also climbed. The S&P 500, Nasdaq, and Dow all rose roughly 1% as traders shifted away from the US dollar and safe-haven assets.

IRAN CONFIRMS CEASEFIRE AGREEMENT WITH ISRAEL

Iran has officially confirmed it has agreed to a ceasefire with Israel, signaling a critical de-escalation in one of the world’s most volatile conflicts. Markets may react swiftly to the easing geopolitical risk. https://t.co/1HKhmbqEGr pic.twitter.com/868bWekGte

— Crypto Town Hall (@Crypto_TownHall) June 24, 2025

Technical Breakouts Boost Bitcoin

Analysts pointed to a key technical level for Bitcoin—around $103,800—where the 50-period exponential moving average had been acting as resistance.

Once that line was cleared, buying activity picked up. That momentum was enough to push Bitcoin above $105,000 in a matter of hours.

Bitcoin price quickly spiked following news of the ceasefire. Source: Coingecko.

With geopolitical risk out of the headlines for now, Bitcoin’s short-term trend looks healthier. But traders remain cautious.

Several analysts warn that a return to hostilities or political instability could send crypto prices right back down. For now, though, the charts are showing bullish patterns.

Altcoins Join The Rebound

Altcoins have also stepped into the spotlight. Ethereum’s 7–8% surge is drawing attention, especially as it regains key support levels. Cardano, Solana, and other mid-cap tokens are getting a lift as investors search for higher returns outside Bitcoin.

Total crypto market cap at $3.21 trillion on the daily chart: TradingView

The Altcoin Season Index is also moving higher, suggesting that more tokens are beginning to outperform Bitcoin. That trend often shows up in the early stages of broader market optimism. Whether that lasts will depend on global headlines in the coming weeks.

Will The Ceasefire Hold?

While markets welcomed the ceasefire, nobody’s calling it permanent. Some reports say the situation is still fragile, and a single provocation could undo the gains.

Iran’s previous threats to close off the Strait of Hormuz—a significant oil shipping route—have not entirely gone away.

Nevertheless, temporary tranquility has been sufficient to push funds into crypto again. It’s a reminder that these virtual currencies are attached in large part to global events, and their prices can shift quickly based on what’s occurring in the wider world.

For now, the ceasefire is helping crypto prices rise. But if history is any guide, this ride could get bumpy again soon.

Featured image from NewsTrack, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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June 24, 2025 0 comments
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AI Translation Of Smash Bros. Director's Comments About AI Misses Nuance, Sparks Outrage
Game Updates

AI Translation Of Smash Bros. Director’s Comments About AI Misses Nuance, Sparks Outrage

by admin June 24, 2025


After directing Super Smash Bros. Ultimate and then taking a break from game directing to moonlight as a YouTuber and educate fans about game design, Masahiro Sakurai recently revealed he’s returned to development to work on Kirby Air Riders for Switch 2. But this past weekend, a comment Sakurai made about companies using AI in production drew harsh criticism. According to some experts, the mini-outrage was spurred on by a poor AI translation of what Sakurai actually said, and shows the pitfalls of a media ecosystem that increasingly relies on machine translation to understand a global medium.

6 Things To Know Before Starting Persona 5 Tactica

“Super Smash Bros. Director Masahiro Sakurai says large scale game development is becoming too time consuming and unsustainable,” read a now-deleted summary of an interview Sakurai gave to ITmedia Business Online, a summary that rapidly spread on websites and subreddits over the weekend. “He believes Generative AI is an option to improve work efficiency.”

The summary relied on machine translation of what Sakurai had said, an increasingly common practice on social media where information sources for companies, many of which reside in Japan, are frequently in other languages (indeed X, formerly known as Twitter, has a translation tool directly built in, while places like Bluesky link out to Google’s tools). Amid growing criticisms that generative AI initiatives are just over-hyped plagiarism machines, many instantly lamented Sakurai’s apparent take. Et tu, Smash daddy? The revered developer notorious for working to the point of exhaustion who won fresh fans with his YouTube series was transforming into a problematic fave.

But translators and others fluent in Japanese quickly pushed back on interpretations that suggested Sakurai was outright endorsing using generative AI to make games. “It doesn’t at all come across as a full-throated endorsement so much as him shrugging his arms and saying he can’t think of much better,” Thomas James, who’s helped localize Monster Hunter Generations and Tales of Arise, among others, wrote on Bluesky. “Which is not a great look TO BE SURE, but I wanted to add my two cents as someone who can, like, read the actual interview.”

Screenshot: X / Kotaku

Freelance writer Kite Stenbuck, who covers games for RPG Site and reported on the interview for Siliconera, is fluent in Japaense and provided his own translation:

ITmedia: Game development is going large-scale and becoming more specialized and segmented. On the other hand, the market for indie games made by solo and small groups is also growing. How do you see the future of the gaming market?

Sakurai: To be honest, nobody knows what the future holds [TN: he used the proverb ‘The inch ahead is darkness’ which should mean that]. I think when we want to make a large-scale game like it is in the present day, it’d take so much labor that we’d go into a situation where it’s not sustainable. I feel like we cannot keep going on like this, but at this point, the one effective solution that comes to my mind would be something like Generative AI. I feel like we’ve come to a phase where we must change the schemes, for example by utilizing Generative AI to improve work efficiency. And we might enter an era where only companies that could deal well with those changes would survive.

Rather than Sakurai talking about what needs to be done or what he plans to do right now, the snippet about AI is situated in a series of hypotheticals about the future. While it’s notable that he’s not asked about AI directly, and instead brings it up himself voluntarily, it’s also one small throwaway thought in a longer interview that touches on a bunch of other topics. Plus we don’t even know specifically which tools Sakurai is think of here. Procedural generation and other techniques already prevalent in large games like Xenoblade Chronicles 3? Or actually using generative AI to make Smash Bros. character art and rig up animations for different costumes?

A good interviewer might follow up on these points but the subtle context clues that indicate the difference between wary warning and enthusiastic endorsement aren’t likely to come through in rough and dirty machine translations. “It’s the sort of nuance that a machine translator would have trouble picking up on because it means filling in blanks that it will never realize are there,” James told Kotaku. “So much of Japanese as a language, as you might be aware, operates by implication and shared assumptions between two people and with this wording in particular that Sakurai uses, no machine translation is going to reasonably pick up on what I’m talking about because the very context and tenor of the conversation itself informs how certain words and grammar are parsed in the Japanese.”

Fighting to preserve that nuance might be a losing game, especially online where so many conversations get flattened into familiar tropes and binaries to begin with. Though many threads and stories that originally shared the incomplete machine translation of Sakurai’s comments have since been locked, deleted, or updated, a less famous and popular developer probably wouldn’t get that level of follow-up and benefit of the doubt. Not to mention that there are still perfectly defensible reasons for being critical of Sakurai appearing to legitimize generative AI at all.

James argues that’s a difference between the American and Japanese contexts around AI and game development that goes deeper than translation mistakes. “AI discourse in Japan online is generally pretty far behind the west and criticism, while growing, mostly comes from outspoken individuals,” he wrote. “There is a lot of forced hype surrounding AI when it comes to advertising like in the west and certainly there are boneheads who actively shill for it, including in games. But overall at a social level, I would say it has yet to be subjected to the same level of rigor outside savvy creatives as abroad.”

The debate over what Sakurai actually said and meant is also a symptom of a growing problem in Western games media as sites lose sources and industry churn pushes out veteran staff (Kotaku once had three fluent Japanese speakers on staff at the same time). “Overall I do think it’s really concerning to see people recently trusting machine translators more than actual humans who have learned the languages,” Stenbuck told Kotaku. “Like, I do admit that the accuracy of machine translators has increased so much compared to the previous years, but there are still some phrases that are liable to be misinterpreted unless the translators know the exact context surrounding the statements.”

.



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June 24, 2025 0 comments
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Francisco Rodrigues
NFT Gaming

BNB Price Shows Resilience After Israel-Iran Clash Sparks Risk Asset Flight

by admin June 15, 2025



Binance Coin (BNB) is showing resilience after a stormy week for financial markets, as Israel attacked Iran in a bid to limit its nuclear program and missile capabilities, leading to a large-scale missile attack in response.

The conflict saw investors flee risk assets and led to more than $700 million in liquidations in the crypto market in just 24 hours, according to CoinGlass. BNB, however, managed to maintain a narrow trading range of just over 1%, resisting a broader altcoin pullback.

BNB, after the sell-off, failed to break above $660, its immediate resistance level according to CoinDesk Research’s technical analysis data model, and has since been consolidating within a symmetrical triangle pattern.

Despite the setback, the coin has stayed above key support at $640, a zone aligned with the 78.6% Fibonacci retracement level. Trading volume analysis suggests sellers dominate near $655.5, while a buyer base forms around $649, the model shows.

Technicals signal a mixed picture. The Moving Average Convergence Divergence (MACD) turned negative, and the Relative Strength Index (RSI) sits just under 50, hinting at fading momentum.

Yet the 50/200-day moving averages are nearing a golden cross, and the Chaikin Money Flow indicator remains positive, a setup that has historically preceded upward reversals, according to the model.

But sentiment around BNB isn’t all bullish. Net Taker Volume, a gauge of aggressive sell pressure, hit a multi-week low of -$197 million.

Meanwhile, even as Binance Smart Chain’s perpetual trading volume rose exponentially month-over-month, this activity doesn’t appear to have sparked new demand for BNB. Futures open interest remains down more than 30% from its December peak.



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June 15, 2025 0 comments
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$462.95 Million Ethereum Buy Sparks Crypto Market Interest
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$462.95 Million Ethereum Buy Sparks Crypto Market Interest

by admin June 14, 2025


The persisting crypto market bloodbath has lured many crypto holders into serious states of panic. Renowned sports betting firm SharpLink appears to be unmoved by the market downturn, as it has shown courage with a bold dip buy on Ethereum, as disclosed by on-chain data provider Lookonchain.

According to the data, SharpLink purchased a massive 176,271 ETH tokens around the mid-hours of June 13, sparking debates among market participants.

The huge Ether accumulation happened when ETH was trading at an average price of $2,626 per token, causing the company to spend a total of $462.95 million on the purchase, including total fees and expenses.

SharpLink’s large Ethereum accumulation follows its decision to make ETH its primary treasury reserve asset. While SharpLink has not clearly stated its reason for choosing ETH for its corporate accumulation strategy, it appears that the token’s crucial role as a programmable, yield-bearing digital asset aligns with its core objectives.

Although the move has triggered discussions across the broad crypto ecosystem, it comes as no surprise, as the company had initially hinted at the massive ETH accumulation as part of its latest plan to launch an Ethereum-based treasury strategy.

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Following the significant ETH buy, SharpLink has officially emerged as the largest publicly traded ETH holder across the globe, outshining previous existing ETH holders.

While the large acquisition of ETH by SharpLink has yet to directly impact the price performance of Ethereum, the token has continued to experience a deeper plunge despite the hype surrounding the move.

However, the move marks a major milestone in the institutional adoption of Ethereum, positioning the second-largest cryptocurrency by market capitalization towards reaching mainstream appeal.

While ETH has yet to respond to this massive buy in terms of price performance, the move has seen SharpLink contribute positively to the network’s long-term security, as over 95% of the company’s large ETH holdings were deployed in staking and liquid staking solutions.

SharpLink’s ETH holdings underwater

While Ethereum has continued to decline despite the huge buy activity, market watchers consider SharpLink’s bold move as improperly calculated and recklessly timed.

Although the fate of SharpLink and its shares is currently uncertain with current market conditions, the company is already witnessing notable losses in its ETH fortune, as the price has slumped harder than the acquisition price.

With ETH trading at $2,513 as of press time, SharpLink has suffered losses worth about $20 million since its latest ETH buy. If the negative market trajectory persists, ETH will suffer further losses.



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June 14, 2025 0 comments
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Decrypt logo
GameFi Guides

AI Sparks Fear and ‘Obsolescence’ Among UK Film Industry

by admin June 10, 2025



In brief

  • A new BFI report reveals UK film workers fear job losses from AI, with entry-level positions most at risk and potential revenue declines of 21% over three years.
  • The unauthorized use of copyrighted content to train AI models threatens the economic foundations of the UK’s £21 billion screen industry, which employs 200,000 people.
  • Despite concerns, industry leaders see AI as amplifying creativity rather than replacing it, with 79 licensing deals already recorded and new frameworks being developed.

Growth in the use of generative AI is provoking fears of job losses and “obsolescence” among individuals working in the UK film and screen sector, according to a new report commissioned by the British Film Institute.

Authored by researchers at the multi-institutional CoSTAR Foresight Lab, the report is the first UK-wide review of the impact AI is having on the British screen industry. It also highlights opportunities, challenges and threats related to the use of AI.

While acknowledging how AI innovations provide “growth opportunities for the UK screen and creative technology sectors,” the research also concludes that the unauthorized use of copyrighted material for training new models “poses a direct threat to the economic foundations of the UK screen sector.”

According to the report, sources of training data include scripts from over 130,000 films, TV programs and YouTube videos, with such a mining of content undermining the ability of the UK screen industry to “create value” from making and selling new content.

“As generative models learn the structure and language of screen storytelling—from text, images and video—they can then replicate those structures and create new outputs at a fraction of the cost and expense of the original works,” the researchers write. “These learned capabilities can be used to assist human creatives, but AI tools may also be used to compete against the original creators whose work they were trained on.”

Accordingly, the report devotes considerable attention to the consequences of AI for job numbers in the British screen industry, which currently adds £21 billion per year to the UK’s GDP and employs around 200,000 people, encompassing movies, TV and video games

It cites recent studies which show that, internationally, audiovisual creators are at risk of seeing their revenues decline by 21% in the next three years as a result in the growth of AI-generated content, while it also discusses a CVL Economics report which estimated that AI could disrupt over 200,000 entertainment jobs in the U.S. by 2026.

The researchers suggest that junior and entry-level positions are especially at risk, since such jobs often comprise the kind of routine tasks at which AI currently excels.

Yet this poses a serious problem, the report suggests, since “if generative AI automates entry-level jobs and tasks, it will limit routes into the screen sector.”

Introducing AI to British studios

Companies focused on integrating AI into entertainment production processes are mindful of such dangers, although they also emphasize that the overall impact on the British and international screen sector will be positive.

This is the view of Phil McKenzie, the co-founder of British film production company Goldfinch, who tells Decrypt that AI will serve mostly to “amplify” human creativity, rather than replace it.

“On a macro level, entertainment will be impacted less than many many sectors,” he says. “On a micro level, AI offers enormous benefits, particularly for independent creators, despite the fear being amplified by legacy gatekeepers.”

Last month, Goldfinch signed a deal with Luxembourg-based Digital Genesis Fund to launch a $20 million investment vehicle, which will support Web3 and AI-focused entertainment studios.



And for McKenzie, this kind of venture will ultimately be a boost to the creative industries, providing tools that will “lower barriers for new talent” and reduce production costs.

“At Goldfinch, we’re building tools—including a new AI and Web3 app with Jordan Bayne and The Squad—to empower producers and creators to turn stories into modular, AI-enhanced, on-chain IP that’s ready for scalable licensing and cross-platform expansion,” he says.

McKenzie also expects that even supposedly at-risk roles will evolve to incorporate AI, while also suggesting that AI will bring about “a redistribution of value and opportunity”, rather than a decline.

And despite sounding several alarms in its report, the BFI also acknowledges that positive steps are already being taken to ensure that AI works for the industry as a whole.

“Our report found evidence that there is increasing activity in licensing deals, and a flow of activity and interest in creating the frameworks that would smooth the path for even more licensing in the creative industries,” says Rishi Coupland, the BFI’s Director of Research and Innovation, speaking to Decrypt.

Proliferation of licensing deals

As recent examples of progress, Coupland cites the forthcoming Copyright Licensing Agency generative AI licensing solution, research and development work by AI music firm DAACI on a copyright solution, and the work of licensing startup Human Native.

In fact, Coupland points out that the BFI’s report cites data from the Centre for Regulation of the Creative Economy, which has recorded 79 licensing deals over the past two year period.

There is therefore precedent for how creative sectors can adapt to the challenges and opportunities presented by AI, although Coupland also agrees with recent remarks from UK Culture Secretary Lisa Nandy, who suggested at a conference in London last week that legislation may be needed.

He explains, “She has also said that once the Data Bill is passed by Parliament, she and Peter Kyle will begin a series of roundtables with representatives from across the creative industries to develop legislation, with both houses of Parliament given time to consider it before they proceed.”

Edited by Stacy Elliott.

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June 10, 2025 0 comments
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Ripple's $487M XRP Transfer Sparks Questions
Crypto Trends

Ripple’s $487M XRP Transfer Sparks Questions

by admin June 6, 2025


Earlier this Friday, Whale Alert, a widely used service that tracks large cryptocurrency transfers, revealed that Ripple had sent $498 million worth of XRP tokens to an unknown wallet. 

The community has been puzzled by the massive transfer, with one user pointing out that it is already too late for escrow moves. 

As reported by U.Today, Ripple unlocked a billion XRP tokens on June 4. Prior to this, the company locked 670 million tokens in escrow. 

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Some have interpreted the recent transfer as a bearish sign for the XRP token.

According to the CoinGecko data, XRP is currently trading at $2.18 after adding 3% over the past 24 hours.

Earlier this Friday, 50 million XRP tokens ($108 million at the time of the transfer) were also sent from an unknown wallet to an unknown wallet.  



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June 6, 2025 0 comments
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Dogecoin
GameFi Guides

Dogecoin Ready To Blast Off? Historical Bullish Trend Sparks Hopes Of A Parabolic Surge

by admin June 6, 2025


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

During the last hours of Thursday, Dogecoin experienced a notable decline as the broader crypto market retraced, causing its price to revisit the $0.16 mark, a level not seen in several months. Despite the worrying shift in trend, DOGE’s medium-term and long-term outlook remains bullish as crypto analysts advocate for an imminent parabolic surge.

A Potential Moonshot For Dogecoin Around The Corner

Dogecoin’s waning price action has intensified following the recent decline observed across the broader market. However, Trader Tardigrade, a seasoned technical expert and investor, has outlined a key development on the DOGE’s chart that hints at a possible shift in the trend toward the upside trajectory.

In his analysis shared on the X (formerly Twitter) platform, Trader Tardigrade highlights that the dog-themed meme coin is showing signs of a major upswing even as prices waver. His analysis is backed by a historical bullish signal that preceded substantial price spikes for DOGE in the last two attempts within a yearly period.

Following a period of relative strength, this bullish signal has resurfaced on the weekly time frame chart, increasing the likelihood of a notable impending parabolic surge. It is important to note that the trend often aligns with key signals from the DOGE/BTC chart.

DOGE pump on the horizon | Source: Trader Tardigrade on X

As seen on the weekly chart, lower lows are being formed by the DOGE/BTC pair prior to each Dogecoin huge pump within the past year. However, these significant bullish moves tend to be more effective once DOGE’s price begins to trend upward on the weekly chart.

Presently, Dogecoin’s weekly price action reveals that the meme coin is at a pivotal juncture, and the DOGE/BTC pair seems to have formed new lower lows. With the signal repeating itself, the expert is confident that a massive pump is imminent, possibly pushing DOGE’s price beyond the $0.70 mark and toward a new all-time high.

DOGE To Develop A Bullish Divergence

As DOGE hovers near key support levels, key momentum indicators signal positive price movements, suggesting the current bearish movement may be brief. Dogecoin’s Relative Strength Index (RSI) has reached a vital point that is likely to strengthen its upward outlook.

According to Trader Tardigrade, DOGE is heading back to the previous swing low, while the RSI indicator displays a higher low after a sharp decline. The expert contends that this signal may result in a bullish divergence, which would suggest that the selling momentum has weakened.

A bullish divergence that typically occurs when an oscillator falls to hit a new low and prices drop to a new low signals a potential upward trend reversal after a downtrend. As a result, Trader Tardigrade noted that DOGE is showing an early sign of a bullish reversal, triggering the beginning of another major rally.

DOGE trading at $0.17 on the 1D chart | Source: DOGEUSDT on Tradingview.com

Featured image from Getty Images, 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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June 6, 2025 0 comments
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  • Kinsta review | TechRadar

    August 21, 2025
  • No, Silksong hasn’t been in development hell, hype skyrocketed sales of the original game to give Team Cherry financial freedom

    August 21, 2025
  • Winklevoss-backed Gemini gets EU-wide pass through Malta’s MiCA nod

    August 21, 2025
  • U.S. Justice Department Official Says Writing Code Without Bad Intent ‘Not a Crime’

    August 21, 2025

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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

  • Trader Goes From $43M To $770,000 As Ethereum Price Retraces, Here’s How

    August 21, 2025
  • Kinsta review | TechRadar

    August 21, 2025

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

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