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$KONG Token Has Potential to Shape New Growth for CyberKongz By Enhancing Ecosystem Sustainability

By
Paul Ugbede Godwin
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0

CyberKongz announced the $KONG token on August 19, 2025, as a replacement for their existing $BANANA token. $KONG is designed to represent CyberKongz and NFT culture, aiming to integrate DeFi and NFT functionalities within their ecosystem.

Total Supply is 1 billion tokens, issued exclusively on the Ethereum mainnet. The KONG token acts as a liquidity token, offering staking and reward features for Genesis holders, Baby holders, and $KONG stakers. It aims to enhance ecosystem engagement and provide access to exclusive perks.

Existing $BANANA holders can convert to $KONG at a 1:25 ratio during the Token Generation Event (TGE), with details to be announced later. 38% of the supply (385,463,979 tokens) will be released at TGE, with 2% allocated for an airdrop to the Ethereum NFT community.

Other allocations include 4.01% to the team, 3.97% to investors, 6.35% to treasury, 28.2% for $BANANA conversion, 13.4% for burn, and 42% for future seasonal distributions via the Kongz Hub to Genesis holders, Baby holders, and $KONG stakers.

The announcement has sparked community interest, with some seeing parallels to Bored Ape Yacht Club’s $APE token launch for its impact on ecosystem dynamics. However, trading data shows $KONG at a $0 price point with a fully diluted market cap of $327,208.25, and a 65.55% decrease in trading volume over the last 24 hours as of August 19, 2025.

The $KONG token is designed to avoid extractive practices, meaning it aims to prioritize community benefit over short-term profit for a few. This approach could attract more participants to the CyberKongz ecosystem, fostering long-term growth by building trust and loyalty among NFT holders.

By aiming to benefit the wider Ethereum NFT space, $KONG could drive innovation in how NFT projects structure their tokenomics, encouraging other projects to adopt sustainable models that prioritize community engagement and utility.

Expanding Utility and Engagement

Similar to the existing $BANANA token, which allows holders to vote on community proposals, $KONG is likely to enhance governance within the CyberKongz ecosystem. This could empower users to influence the project’s direction, increasing engagement and attracting new participants who value decentralized decision-making.

CyberKongz has a history of integrating tokens like $BANANA into metaverse experiences (e.g., The Sandbox) and on-chain games like Play & Kollect: Jungle Adventure. $KONG could extend these utilities, enabling purchases of in-game items, wearables, or access to new gaming experiences, driving demand and user retention.

The token may introduce novel functionalities, such as enhanced customization of CyberKongz NFTs (e.g., renaming, bio changes, or breeding, as seen with $BANANA) or access to exclusive community features, which could attract new users and retain existing ones. The introduction of $KONG is likely to boost trading activity on platforms like OpenSea, as seen with the $BANANA token, which led to a surge in CyberKongz NFT trades.

This could elevate the floor price of CyberKongz NFTs (e.g., Genesis collection currently at $11,406.54) and attract investors seeking high-value assets. If $KONG follows the model of $BANANA, where Genesis CyberKongz holders earn daily tokens (10 $BANANA/day, previously valued at $900/day), it could create new yield-generating opportunities. This incentivizes holding NFTs, potentially increasing demand and driving growth in the project’s market cap.

$KONG is positioned as a token that embodies NFT culture, which could resonate with the broader crypto and NFT communities. This branding may attract new collectors and developers, expanding the CyberKongz community.

CyberKongz’s recent legal victory against the SEC and their response to a Wells Notice indicate a proactive approach to regulatory challenges. By designing $KONG to align with clearer regulatory frameworks, CyberKongz could set a precedent for NFT projects, potentially attracting institutional interest and fostering growth in a more stable legal environment.

Despite their legal win, ongoing regulatory scrutiny of NFT tokens (e.g., SEC’s stance on tokens associated with blockchain games) could pose risks to $KONG’s adoption if not carefully managed. The NFT and crypto markets are volatile, with $BANANA’s price fluctuating significantly (e.g., from $6 to $64, now at $0.58). $KONG’s success will depend on maintaining value and utility to avoid similar volatility.

Google, TVA, and Kairos Partner to Power AI Data Centers With Next-Generation Nuclear Energy

By
Samuel Nwite
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0

Google is moving closer to its nuclear energy ambitions with a landmark agreement involving the Tennessee Valley Authority (TVA) and engineering company Kairos Power, marking a first-of-its-kind step for advanced nuclear technology in the United States.

The deal, announced this week, will see TVA purchase electricity from a next-generation nuclear reactor being developed by Kairos Power in Oak Ridge, Tennessee. Once the reactor comes online in 2030, it is expected to supply power directly to the grid serving Google’s data centers in Tennessee and Alabama. Both companies described the agreement as the first power purchase deal by a U.S. utility for a nuclear technology this advanced.

If successful, the project could open a new chapter for nuclear power in the U.S., where the current fleet of 94 reactors is built on decades-old technology that has struggled to compete with cheaper natural gas, solar, and wind energy. With electricity demand rising sharply, particularly from data-heavy artificial intelligence applications, industry experts say the Kairos project could help revive nuclear power as a reliable, carbon-free option.

The reactor, known as Hermes 2, builds on Kairos Power’s first Hermes demonstration reactor, which broke ground in July 2023 after becoming the first non-water-cooled nuclear design in more than 50 years to receive a construction permit from the Nuclear Regulatory Commission. Unlike conventional nuclear plants that rely on water for cooling, Kairos’ system uses molten fluoride salt. Because the coolant has a much higher boiling point than water and does not boil, the reactor can run at relatively low pressure. That eliminates the need for the large, costly high-pressure containment structures associated with traditional plants, making the design potentially safer and cheaper to deploy.

Oak Ridge, the site of the Hermes 2 project, carries historical significance as the headquarters of the Manhattan Project during World War II. While the area once hosted facilities enriching uranium for the first atomic bombs, it has since transformed into a hub for nuclear energy research and innovation.

Google’s partnership with TVA and Kairos reflects its longer-term strategy. The company has committed to helping deploy 500 megawatts of new nuclear capacity in the U.S. by 2035. For comparison, America’s operating nuclear reactors collectively provided about 97,000 megawatts in 2024, supplying just under 20 percent of the nation’s electricity. The Hermes 2 demonstration plant will begin with a 50-megawatt capacity.

In addition to the electricity supply, Google will also receive “clean energy attributes” from Hermes 2 through TVA. These certificates represent the environmental benefits of avoiding fossil fuel emissions and can be sold or used to offset carbon footprints. While research suggests such certificates may sometimes overstate environmental benefits, they remain a critical source of revenue for developers to expand pollution-free energy sources.

Tech companies have increasingly relied on these certificates to meet climate targets and brand themselves as running on clean energy, even when connected to a grid that still draws heavily from fossil fuels. Google’s decision to partner on nuclear power comes as its own emissions are on the rise again, fueled by the rapid expansion of AI services, which require vast amounts of electricity to operate.

For the nuclear industry, the agreement represents a rare sign of momentum. Advocates say next-generation technologies like Kairos’ molten salt reactors could finally solve some of the cost and safety challenges that have dogged nuclear projects for decades. For Google, the deal is not just about energy—it’s about securing the future of its AI-powered business under the banner of clean power.

Trump Administration Expands Steel and Aluminum Tariffs to Over 400 Additional Products, Raising Stakes in Trade Agenda

By
Samuel Nwite
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0

The Trump administration has quietly expanded its 50% steel and aluminum tariffs to include more than 400 additional product categories, vastly increasing the reach and impact of this arm of its trade agenda.

The new tariffs, which took effect Monday, extend the scope of the levies that President Donald Trump previously announced on the valuable commodities. The tariff list now covers products such as fire extinguishers, machinery, construction materials, and specialty chemicals that either contain or are contained in aluminum or steel.

“Auto parts, chemicals, plastics, furniture components—basically, if it’s shiny, metallic, or remotely related to steel or aluminum, it’s probably on the list,” Brian Baldwin, vice president of customs at Kuehne + Nagel International AG, wrote on LinkedIn about the expanded list.

“This isn’t just another tariff—it’s a strategic shift in how steel and aluminum derivatives are regulated,” he added.

The levies extend to 407 new product categories, the Department of Commerce confirmed Tuesday.

“Today’s action expands the reach of the steel and aluminum tariffs and shuts down avenues for circumvention – supporting the continued revitalization of the American steel and aluminum industries,” Jeffrey Kessler, the Commerce Department’s under secretary for industry and security, said in a statement.

The release from the agency links out to a list that identifies the newly included product types only by the specific customs codes that apply to them, not by what the products are actually called. For example, the Commerce Department identifies the product category of fire extinguishers only as “8424.10.0000,” a 10-digit code buried among hundreds of other 10-digit codes. This format makes it very difficult for the public to get a full picture of all the products affected by Monday’s expanded tariffs.

But trade experts warn the impact will be enormous.

“By my count, the steel and aluminum tariffs now affect at least $320 billion of imports based on 2024?s general customs value of imports,” Jason Miller, a professor of supply chain management at Michigan State University, wrote on LinkedIn. That marks a sharp increase from his prior estimate of roughly $190 billion.

“This will add more inflationary cost-push pressures to already climbing prices that domestic producers are charging as picked up by July’s PPI data,? he added.

President Trump has repeatedly leaned on sector-specific tariffs to push his broader trade agenda, which has been characterized by aggressive measures to reduce U.S. reliance on foreign supply chains and to force trading partners into renegotiated agreements.

In June, Trump doubled tariffs on steel and aluminum imports to 50% for most countries, creating widespread uncertainty for businesses and U.S. trading partners reliant on the commodities. Monday’s expansion marks the most sweeping extension of that move to date.

The White House stressed that the latest action should “not come as a surprise.”

“The President called for a new steel and aluminum product inclusions process in February,” White House spokesperson Kush Desai said in a statement.

“[The Bureau of Industry and Security] established the new product inclusions process in April, and companies submitted requests for product inclusions in mid-May,” he said.

“Thus, it has been clear for many months that new products could be treated as steel and aluminum derivatives.”

The expansion signals that the administration is not only holding firm on its tariff strategy but widening it—closing what officials describe as loopholes and intensifying pressure on industries from manufacturing to construction. However, the ripple effect for businesses is expected to be steep increases in costs, while global trade partners brace for further strain in an already fragile international trading system.

Beyond ETFs: New XRP Cloud Mining Contracts Help Beginners Earn $2,100 Per Day

By
TI Partners
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0

As cryptocurrency ETF applications surge, the chances of approval are rising quickly. Yet seasoned investors recognize that while ETFs can boost market confidence, they cannot eliminate price volatility or uncertain returns. In response, Topnotch Crypto has launched a new XRP cloud mining contract that allows users to turn their XRP into stable daily income—without the need for equipment or technical skills. Investors can earn up to $2,100 per day, creating a form of passive income that works like a “digital gold bond.”

Topnotch Crypto is a UK-registered green cloud mining platform that operates 100 mining farms worldwide, all fully powered by renewable energy. The platform leverages advanced artificial intelligence scheduling technology to help users effortlessly convert cryptocurrencies such as XRP, BTC, ETH, and USDT into steady mining income—without any hardware investment or additional effort.

Three Easy Steps to Profit with XRP or BTC

  1. Sign Up — Visit https://topnotchcrypto.com or download the app, complete registration, and claim your $15 welcome bonus.
  2. Activate a Contract — Use XRP or BTC to launch a USD-denominated cloud mining contract.

Sample Popular Contracts:

[Free Contract]: Invest $15, term 1 day, daily return $0.60, maturity payout $15 + $0.60

[Trial Contract]: Invest $100, term 2 days, daily return $4, maturity payout $100 + $8

[Ebang Ebit E12+]: Invest $500, term 5 days, daily return $6.25, maturity payout $500 + $31.25

[WhatsMiner M30S++]: Invest $1,100, term 10 days, daily return $14.85, maturity payout $1,100 + $148.50

[Canaan Avalon Made A1466I]: Invest $10,000, term 30 days, daily return $165, maturity payout $10,000 + $4,950

[Mining Box-40ft-CE]: Invest $100,000, term 50 days, daily return $1,950, maturity payout $100,000 + $97,500

Click to view details of popular contracts.

  1. Enjoy Daily Earnings — The system automatically settles profits every day. Once your balance reaches $100, you can withdraw to your wallet. Your principal is fully returned at contract maturity.

Why Do Global Investors Choose It?

  • Easy to Start — No need to buy or maintain hardware, just sign up and you’re ready to go
  • Flexible Options — A wide range of contracts to fit every budget and schedule
  • Eco-Friendly — Powered 100% by solar, hydro, and wind energy
  • Secure & Reliable — Industry-leading encryption and wallet protection
  • Zero Upfront Cost — New users get a $15 bonus to start mining for free

From Market Volatility to Stable Cash Flow
Are you ready to turn your crypto assets into a sustainable cash flow? Visit the official Topnotch Crypto website today and join the global green cloud mining revolution, where BTC, ETH, and XRP generate real daily income for you.

Official Website: https://topnotchcrypto.com
Email: info@topnotchcrypto.com

Intel Seeks More Investors After SoftBank Deal as U.S. Pushes for Equity Stake

By
Samuel Nwite
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0

Intel is in fresh talks with other major investors to secure an equity infusion at a discounted price, even after it received a $2 billion capital injection from Japan’s SoftBank, people familiar with the matter told CNBC’s David Faber.

The move underscores the chipmaker’s ongoing struggle to fund its turnaround strategy and regain ground in the booming semiconductor industry.

The company’s shares slid more than 7% on Tuesday, reversing a rally earlier this week sparked by the SoftBank deal and reports that the Trump administration is weighing new ways to get involved with the company.

Commerce Secretary Howard Lutnick signaled that Washington expects to hold a direct stake in Intel, saying the government must receive equity in exchange for funds from the $39 billion CHIPS Act program.

“We should get an equity stake for our money,” Lutnick said on CNBC. “So we’ll deliver the money, which was already committed under the Biden administration. We’ll get equity in return for it.”

Faber reported that Intel is now seeking additional equity partners beyond SoftBank, but analysts warn that the structure of the CHIPS Act support complicates the company’s plans.

“They need money to build whatever it is that the customers may actually, ultimately want,” Faber explained on Squawk on the Street. “And having the CHIPS Act money, which is free, so to speak, no strings attached, become equity is not helpful to them because it’s dilutive.”

Intel has been working to reassert itself as a leader in advanced semiconductors, but so far has failed to capitalize on the artificial intelligence boom that has propelled rivals like Nvidia. Instead, the company has poured billions into a foundry business aimed at contract manufacturing, but has yet to secure a significant customer win.

The leadership shake-up has also added to the uncertainty. Lip-Bu Tan, a longtime industry figure, took over as Intel’s CEO in March following the ouster of Pat Gelsinger in December. But his position has come under political pressure. Two weeks ago, President Donald Trump called for Tan’s resignation, saying he was “highly CONFLICTED.” However, the president’s stance softened after Tan personally visited the White House to discuss his background and future plans for the company.

The reasoning is that Intel has fallen behind global rivals like Taiwan Semiconductor Manufacturing Co. (TSMC) and South Korea’s Samsung Electronics in producing advanced chips, a shortfall that leaves the United States vulnerable in a world where semiconductor supply chains are increasingly caught in geopolitical crossfire. President Trump has repeatedly stressed the need to “make more chips and high-end technology in the U.S.” and lessen dependence on Asia.

Intel’s financial strain, its difficulties in AI chips, and the heightened political involvement have put the company at the center of a larger battle over U.S. semiconductor dominance. While SoftBank’s $2 billion injection offered temporary relief, the search for more investors at discounted terms highlights how urgently Intel needs capital to fund new plants and technology development.

Last week, Gil Luria, head of technology research at D.A. Davidson, told CNBC’s Squawk Box that government intervention in the struggling chipmaker is “essential.” While Luria acknowledged that U.S. economic tradition leans heavily toward free-market capitalism, he argued that Intel’s current condition poses too great a risk for Washington to sit on the sidelines.

“We’re all capitalists,” Luria said. “We don’t want government to intervene and own private enterprise, but this is national security.”

The outcome of the government’s push for an equity stake could reshape not just Intel’s balance sheet, but also the precedent for future relations between Washington and the semiconductor industry.

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