Pokemon Go Is Making Money the Right Way During this Pandemic

Niantic’s Pokemon Go has seen a considerable revenue spike despite the ongoing coronavirus pandemic. This is mostly thanks to Niantic carefully changing the game to make at-home playing of the game viable. Other companies should learn from these changes. There are some unscrupulous companies out there. Places like GameStop are doing some shady stuff to try and make money during the global coronavirus pandemic. Then there are companies like Niantic, which is making money from Pokemon Go without losing their souls. Despite being outdoor-focused, Pokemon Go has found a way…

Valorant Beta Starts Next Week, but It Might Not Be Worth the Effort

Riot Games has announced a Valorant closed beta starting next week. Riot is limiting access to NA and EU players at first, before expanding to other regions. Would-be players need to jump through hoops for a chance to participate. Riot Games announced today a closed beta for highly-anticipated upcoming tactical 5vs5 shooter, Valorant, starting Apr. 7. Source: Twitter In the lead up to a release this summer, Riot says it’s staging the beta to test out Valorant’s competitive chops, and as a means of fostering a global community of players.…

Fed Predicts Doomsday For U.S. Economy, Could Andrew Yang Save Us?

St. Louis Fed predicts unemployment rates could be far worse than they were during the Great Depression. These numbers are even more severe than St. Louis Fed President’s grim prediction last week. Could these challenges be a test run for Universal Basic Income? As the coronavirus pandemic continues to wreak havoc, numbers around the U.S. economy are looking more terrifying by the day. The latest gut-punch came from the St. Louis Fed economists. They see as many as 47 million Americans becoming jobless before this is all over. To put…

Binance Academy Launches Blockchain Accelerator in China

Binance Academy, the educational arm of leading crypto exchange Binance, announced the establishment of a blockchain research institute in Shanghai on March 30. The Lingang Blockchain Technology and Industry Research Institute is intended to operate as a think-tank and talent hub for distributed ledger technology (DLT) innovation in China. Binance to integrate blockchain with other innovative technologies To accelerate the application of DLT in China, Binance’s blockchain institute plans to integrate blockchain with other emerging technologies with an established foothold in the country — including artificial intelligence, big data, and…

Singapore Crypto Exchange Eyes US Expansion After Registering With FinCEN

While global cryptocurrency firms increasingly come to Singapore to benefit from its crypto-friendly ecosystem, some local firms are also expanding their operations beyond local jurisdiction. Bitget, a Singapore-headquartered digital asset platform, has obtained regulatory approval from the United States Financial Crimes Enforcement Network (FinCEN), the primary regulator for money service businesses in the country. MSB license is part of Bitget’s strategy to be compliant in “as many regions as possible” According to public records, the FinCEN granted Bitget a Money Service Business License (MSB), authorizing the Singaporean company to act…

Ben Sasse Epically Trolls China Over Suspicious Coronavirus Data

U.S. Senator Ben Sasse delivered an epic rebuke to China’s government, which claims Wuhan hasn’t seen a new coronavirus infection in six days. There’s mounting evidence that China has pressured hospitals to stop conducting coronavirus tests. China appears to be bracing for a second wave of COVID-19. But Beijing’s treatment strategy is “not medical, but political.” As U.S. coronavirus cases spiraled past 150,000 on Monday, China’s government claimed that Wuhan – the city where the outbreak was first identified – had recorded its sixth straight day with no new infections.…

Exchange Coins Poised to Surge: Binance Coin, UNUS SED LEO, OKB

Like most cryptocurrencies, the top crypto exchange tokens—Binance Coin, UNUS SED LEO, and OKB—also suffered from the sell-off seen across the global financial markets. However, the bullish momentum behind these altcoins seems ready to resume. Binance Coin Prepares for High Volatility Over the last two weeks, Binance Coin has been contained within a parallel channel. Each time BNB rises to the top of the channel, it drops down to hit the bottom of the channel, and from this point, it bounces back again. These are the primary characteristics of a…

Ubisoft and MakerDAO to Sponsor Blockchain Gaming Alliance Under New Leadership

The Blockchain Game Alliance (BGA) announced on March 30 the appointment of Sébastien Borget as President, while further adding that companies like Ubisoft, AMD, Animoca Brands, and MakerDAO have returned as sponsors for 2020. According to the announcement, the BGA — a coalition of 90 game and blockchain companies advocating for blockchain technology within the gaming industry — will seek to strengthen blockchain adoption to expand player capabilities without any barriers.  Founded in 2019, the Alliance also hopes to represent blockchain gaming and major game industry events with the sponsorship…

Capitulation? BTC Battered by Biggest Mining Difficulty Drop Since 2011

Bitcoin (BTC) currently sits at $6,370, a slight recovery from the March 27 pullback which saw the price drop nearly 9% in 4 hours. Despite showing some bullish signs, Bitcoin is still down nearly 30% since last Friday. As previously reported by Cointelegraph, the crash may have been caused by the recent mining difficulty adjustment of nearly -16%. The difficulty adjustment is how the Bitcoin network adapts to the changing mining power on the network, keeping its issuance rate at a fairly steady level. Cryptocurrency market performance since March 27th.…

Bitcoin Just Surged to $6,500 After Over 10% Weekend Crash

In the past 20 minutes, Bitcoin has traded above $6,500, marking a rapid 12% gain from the $5,800 bottom seen on Sunday evening (UTC). Due to this move, the BitMEX funding rate on the Bitcoin (XBT) contract surged by 990%, according to data from Joe McCann, a cryptocurrency trader and AI/cloud specialist at Microsoft. According to him, this means “bulls [are] getting levered up here,” potentially setting the stage for a long squeeze in the future. Analysts are currently divided over what this means for the cryptocurrency; just 24 hours…