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Yorkville SPAC Files S-4, Taps New CEO/CFO for Trump Media Group CRO Strategy

1 December 2025 at 13:47

Yorkville Acquisition Corp. has filed a confidential Form S-4 with the U.S. Securities and Exchange Commission, marking a major step toward completing its proposed business combination with affiliates of Trump Media & Technology Group and Crypto(.)com.

The filing comes as the SPAC appoints two public-company veterans, Steve Gutterman as chief executive officer and Sim Salzman as chief financial officer, ahead of the launch of a new digital-asset treasury company focused on the Cronos (CRO) ecosystem.

Yorkville’s MCGA SPAC Moves Forward, Names New CEO and CFO

According to the filing, the SPAC, which trades on Nasdaq under the ticker MCGA, said it advances its proposed business combination with affiliates of Trump Media & Technology Group and Crypto(.)com.

A massive day of news for @TheMCGAOfficial – the process continues, and now with the appointments of two proven digital asset and capital markets leaders for CEO and CFO. Full steam ahead $MCGA $CRO. Read all the latest at https://t.co/hKjzjeEe9z. https://t.co/XhC8YC5nYY

— Kris | Crypto.com (@kris) December 1, 2025

Once the transaction closes, the company will be renamed Trump Media Group CRO Strategy and continue trading under the symbol MCGA, short for “Make CRO Great Again.”

Alongside the filing, Yorkville announced the naming of two veteran executives to lead the entity. Both executives will begin transitioning into their roles as the deal approaches completion, which is expected in the first quarter of 2026.

The business combination seeks to establish a publicly traded digital-asset treasury focused on accumulating and managing large reserves of Cronos (CRO), the native token of the Cronos blockchain ecosystem.

Under the arrangement, founding partners, including Trump Media, Crypto(.)com, and Yorkville, will contribute assets to build a company centered on CRO acquisition, platform integration, and long-term treasury growth.

Yorkville CEO Kevin McGurn said the new appointments provide the leadership required for what he described as a high-value opportunity for shareholders.

Executives from Crypto(.)com and Trump Media echoed that message, citing the incoming team’s experience in digital assets, capital markets, and large-scale corporate transactions.

Gutterman brings decades of public-company leadership experience, including a recent stint as CEO of Gryphon Digital Mining, where he oversaw a corporate turnaround and eventual sale to American Bitcoin.

Earlier in his career, he held senior roles at ETRADE Financial and ETRADE Bank. Salzman also previously held senior finance roles at Gryphon, Marathon Digital Holdings, Corner Bar Management, and the Las Vegas Monorail Company.

CRO Treasury Plans Advance Despite 34% Price Slide and $38M Unrealized Loss

The CRO-focused entity they will lead has been taking shape for months. The strategy was first announced in August 2025, outlining a plan to position the company as the first major publicly traded CRO treasury.

Initial funding commitments include roughly $1 billion worth of CRO tokens, $200 million in cash, $220 million in warrants, and a $5 billion equity line of credit from Yorkville affiliate YA II PN, Ltd.

🚨 Trump Media + https://t.co/U4D4dECttR strike a $6.4B deal to launch a CRO-focused digital asset treasury.#TrumpMedia #Crypto https://t.co/5gIiTqY49Z

— Cryptonews.com (@cryptonews) August 26, 2025

If executed as proposed, the company would manage one of the largest single-asset crypto treasuries in the market, with nearly all reserves allocated to CRO.

The structure mirrors a corporate treasury model similar to Strategy’s long-running accumulation of Bitcoin, but applies the concept to the Cronos ecosystem.

The company intends to acquire CRO, stake its holdings through Crypto(.)com Custody, and generate a yield estimated at around 6% annually. It also plans to run a validator node on Cronos to further support network functions while compounding rewards.

Meanwhile, Trump Media has been integrating CRO more deeply into its own platforms. Over the past several months, the company has replaced plans for an in-house utility token with a system that converts Truth Social “gems” into CRO via Crypto.com’s wallet infrastructure.

🚀 Trump’s Truth Social has replaced its planned token with https://t.co/U4D4dECttR’s Cronos ($CRO), expanding rewards and new features for users. #Crypto #TruthSocial #Trumphttps://t.co/0I2JoGmRsE

— Cryptonews.com (@cryptonews) September 9, 2025

CRO-based payments for subscriptions and platform features are planned for future releases.

Trump Media has also purchased hundreds of millions of CRO tokens directly. In September, it closed a $105 million agreement with Crypto.com to acquire 684.4 million tokens at an average price of about $0.153.

Source: CoinGecko

CRO’s market performance has been volatile during these developments. Trump Media Corp. currently holds 756 million CRO, valued at approximately $75 million, showing an unrealized loss of about $38.7 million amid a 34% price decline.

The token is trading around $0.099, down 32% over the past month.

The post Yorkville SPAC Files S-4, Taps New CEO/CFO for Trump Media Group CRO Strategy appeared first on Cryptonews.

Keebin’ with Kristina: the One with the Cipher-Capable Typewriter

17 November 2025 at 13:00
Illustrated Kristina with an IBM Model M keyboard floating between her hands.

I must confess that my mouth froze in an O when I saw [Jeff]’s Typeframe PX-88 Portable Computing System, and I continue to stare in slack-jawed wonder as I find the words to share it with you. Let me give it a shot.

[Jeff] tells us that he designed Typeframe for his spouse to use as a writer deck. That’s good spousing, if you ask me. Amazingly, this is [Jeff]’s first project of this type and scope, and somehow it’s an elegant, yet easy build that’s quite well documented to boot. Whatever Typeframe’s design may borrow, it seems to give back in spades.

The Typeframe PX-88 Portable Computing System.
Image by [Jeff] via Typeframe.net
Use Typeframe for what you will — cyberdeck, writer deck, travel PC — this baby can handle whatever you throw at it. And of course, it’s open source from front to back.

This Raspberry Pi 4B-based productivity machine has all sorts of neat features. The touch screen flips upward at an angle, so you don’t have to hunch over it or carry a mouse around. Want to sit back a bit while you work? The aesthetically spot-on keyboard is detachable. Yeah.

If that’s not enough to get you interested, Typeframe is designed for simple construction with minimal soldering, and the sliding panels make maintenance a breeze.

A little more about that keyboard — this is Keebin’, after all. It’s an MK Point 65, which boasts hot-swap sockets under those DSA Dolch keycaps. See? Minimal soldering. In fact, the only things you have to solder to make the Typeframe your own are the power switch and the status light. Incredible.

Decktility Goes Where You Go

Need something even more portable than the Typeframe? Something that might even fit in your cargo pocket? Decktility could be your answer. You’re gonna have to use your thumbs to type on this one, but that’s the price you pay for ultra portability.

Image by [Ken Van Hoeylandt] via Byte Welder
Built back in 2023, [Ken Van Hoeylandt] combined the Raspberry Pi CM4 with the BigTreeTech Raspberry Pad 5, and “spent many hours developing a case” that fits perfectly. The idea was to push the limits of a Pi-based handheld without it melting down.

The tricky part about using your thumbs is that the experience can be somewhat lacking. But the Bluetooth keyboard [Ken] used actually looks pretty good, and I say this based on this close-up from GitHub. The keys look responsive and the caps aren’t too shallow.

One of the design challenges centered around the batteries — 18650s, because as [Ken] says, flat Li-Pos get spicy when they short-circuit. Both the 18650s and the screen are somewhat heavy, so everything is balanced with the batteries acting somewhat as handles.

This is a great project, and it seems as though [Ken] learned a lot in the process. Be sure to check out the build log for all the gory details.

The Centerfold: Party Like It’s Nineteen Nine-T9

Yeah, I know, not your conventional centerfold. The cuteness factor of this 12-key macropad got me, as did the terrazzo party background. But there’s slightly more to [Joe Scotto]’s latest build than meets the eye.

Rather than using predictive typing, the ScottoT9 uses QMK tap dance, wherein a single key can do ‘3, 5, or 100 different things’ depending on how many times you hit it in quick succession. [Joe] reports that it’s surprisingly easy get up to speed on the thing.

This RP2040 Pro Micro-based build is completely open source, including those lovely keycaps. But if you want them to look this good, you may want to just buy some.

Do you rock a sweet set of peripherals on a screamin’ desk pad? Send me a picture along with your handle and all the gory details, and you could be featured here!

Historical Clackers: the Diskret Code Typewriter

The Diskret (discreet) code typewriter from 1899 is a stunning German beauty of an index typewriter, far removed from the neon-accented see-through plastic label-maker from the late 80s that I often use.

Image via The Antikey Chop

Yet they are of the same spirit: choose a letter with some pointing device, imprint it with some lever action, and repeat.

Stark aesthetic differences aside, the Diskret does far more than my newfangled index typewriter. Designed with two concentric rings, the inner ring can be spun to allow the user to type in code.

For normal typewritering, the typist chose a letter from the outer ring of characters with a lever, which turned the typewheel mounted behind it. Then they would press down to print, and the carriage would advance by one character width to get ready for the next impression.

To use the Diskret as a cipher machine, the typist would spin the inner ring to create a false index, generating a coded letter. The recipient would have to have a Diskret in the same position in order to read the message. Yes, it’s basic, but it was one of the first code typewriters.

Most of this beautiful machine’s metal components were engraved with Jugendstil, or German Art Nouveau embellishments. It came mounted to a thick wood base, and featured a top with handle. A Diskret cost 75 marks, and, at the time, one mark equaled about $4. So, not exactly cheap, but it’s two typewriters in one.

Finally, Will Gen Alpha Cancel Keyboards Altogether?

No, of course not. But a study by the London School of Economics seems to think that the office drones of 2030 or so will skirt future first-draft keyboard use with AI voice typing tools, like everyday, all the time. And yeah, but they’ll have to use a keyboard to edit. Or, get this — they’ll just send voice notes to their bosses all the time. You know, good old unsearchable audio files that will be a pain to sift through later. Sure.

Gen Alpha stares out the window, arms akimbo, leaving a lengthy voice note for their Gen-X boss who just wants to read messages, and quickly. Image via Jabra

Did I mention that the study was done in collusion with Jabra, an audio-video technology company? They make highfalutin’ headsets and such. Ahem.

Now, I have a little secret — Y.T. has used powerful (and not-so-powerful) dictation tools here and there, especially after the surgery, and I could swear I’ve heard others talk-typing around the Hackaday Dungeon, although I can’t be sure. But I really like the act of typing, especially now that it doesn’t cause me intense, weird pain.

If I may cherry-pick a quote from the Fortune article, I choose this one: “speaking replaces typing because it matches how we think: fast, iterative, conversational.” I say all of that depends on your level of written wit, something that gets refined throughout the course of one’s life by, you know, writing or typing, and then reading, editing, removing, replacing, and so forth until it appears flowy and conversational.

And no, I didn’t speak-type a bit of this column. I missed typing on my Kinesis Advantage too much. See you next week-ish.


Got a hot tip that has like, anything to do with keyboards? Help me out by sending in a link or two. Don’t want all the Hackaday scribes to see it? Feel free to email me directly.

Tech Moves: J&J exec joins logistics startup Auger; WTIA adds public policy leader; and more

14 November 2025 at 12:16
Yuqing Sun. (LinkedIn Photo)

Auger, a startup building logistics and supply chain software, announced Yuqing Sun as its chief data and AI enablement officer. Sun joins the Bellevue, Wash.-based company from Johnson & Johnson where she has worked for nearly 20 years in a variety of supply chain, analytics and data science roles.

“Yuqing brings the rare combo of deep technical chops, operational scar tissue, and the calm that only comes from having seen every kind of supply-chain fire drill,” said Dave Clark, Auger’s founder and CEO and a former Amazon executive.

Clark noted on LinkedIn that while at Johnson & Johnson, Sun worked to modernize “one of the most complex supply chains on the planet through data and AI innovations. She built and scaled more than 30 AI-driven products across optimization, simulation, IoT, machine learning, computer vision — you name it.”

Last month Auger appointed Justine Hastings as chief AI economist. The company, ranked No. 48 on the GeekWire 200 list of top Pacific Northwest startups, raised a $100 million Series A round last December.

Amy Harris. (LinkedIn Photo)

Amy Harris is the new public policy and government relations director for the Washington Technology Industry Association (WTIA).

For the past nine years, Harris has been a principal for Red Strategies, which bills itself as providing “fundraising consulting and event planning for right of center candidates and organizations.” She has also worked as an executive assistant for two members of Congress.

Randa Minkarah, CEO of the WTIA consortium, praised Harris’ “deep experience in bipartisan coalition-building, strategic advocacy, and navigating complex political landscapes,” noting the skills will be instrumental in working in Washington state and the nation’s capitol.

Marc Brown, a former corporate vice president at Microsoft who helped lead the acquisition of companies including LinkedIn, GitHub and Minecraft, has joined the board of directors for Syncro, a software platform for IT professionals.

Seattle-based Brown was with Microsoft for more than two decades, managing more than 185 acquisitions and 80 equity investments.

Emily Ryan. (LinkedIn Photo)

Pyramid Communications, a longtime Seattle-area public relations firm, named Emily Ryan as its first CEO. Ryan was with Pyramid for nearly 14 years before taking a year-long role as chief communications officer for Our Children’s Trust in 2024.

“During a tumultuous period in the world, Pyramid is doubling down on our commitment to support changemakers leading bold action for a better world,” the company posted on LinkedIn. “Emily’s trusted, creative leadership will sustain our team and our clients as we continue to work alongside all of you…”

Carbon Direct, a carbon management firm based in New York and Seattle, announced two leadership hires as a result of its recent acquisition of climate tech startup Pachama.

  • Greg FitzGerald, based in Vancouver, B.C., is now vice president of supply and will help source and commercialize carbon credits that organizations purchase to offset their emissions.
  • Diego Saez Gil, co-founder and former CEO of Pachama, has taken the role of senior vice president of strategic engagement and is based in the Bay Area.

Black Hat USA 2025 – AI, Innovation, and the Power of the Cybersecurity Community

By: Gary
13 August 2025 at 14:07

By Gary Miliefsky, Publisher of Cyber Defense Magazine Black Hat, the cybersecurity industry’s most established and in-depth security event series, has once again proven why it remains the go-to gathering...

The post Black Hat USA 2025 – AI, Innovation, and the Power of the Cybersecurity Community appeared first on Cyber Defense Magazine.

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