Day: April 1, 2020

The Sandbox Sells 3400 Ether Worth of Virtual Land in Five Hours

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The Sandbox (TSB), a mobile creation game on Ethereum, announced on April 1 that its third presale of virtual land had generated 3,400 Ether ($450,000) in sales. The March 31 presale sold 12,384 pieces of LAND — virtual spaces in the game — in just five hours. That equates to approximately 10% of the total 166,464 pieces in the game, with most of it snapped up in the first thirty minutes.  TSB has quickly become one of the most coveted blockchain games on the market, with more than 40 million…

New York Judge Says Telegram Can’t Distribute Grams Outside U.S. Either

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A New York judge has ruled that the injunction barring Telegram from issuing its Gram tokens extends to all entities in the United State and overseas. On April 1, U.S. District Judge P. Kevin Castel, responded to the encrypted messaging firm’s request for clarification as to the scope of the court’s March 24 preliminary injunction. He denied Telegram’s move to distribute tokens to the non-US-based participants of its 2018 initial coin offering (ICO). Approximately $1.27 billion of the funds raised to finance the development of the Telegram Open Network (TON)…

Ethereum Just Broke $135 and Primed To Test $150: Here’s Why

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Ethereum is trading with a bullish angle and it recently surpassed the $135 resistance against the US Dollar. ETH price is likely to continue higher towards $145 and $150. Ethereum is up more than 3% and it broke the main $135 resistance against the US Dollar. The price is now trading in a bullish zone and it could continue higher towards $145 or $150. There is a key bullish trend line forming with support near $131 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin also gained traction…

Global Cybersecurity League Formed to Fight Hospital Ransomware

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A crack team of cybersecurity experts in 65 countries has come together to combat ransomware attacks on hospitals during the coronavirus crisis. Calling themselves the COVID-19 CTI League the community of experts aims to protect the technological infrastructure of front-line medical resources from cyberattacks. Hospitals around the world have seen a big increase in cyberattacks over the past year, in which critical IT systems are encrypted with malware. Gangs demand a Bitcoin ransom in return for the decryption key. Hospitals are often seen as soft targets, due to ageing IT…

UK Coronavirus Deaths Top 2,000 as 1 in 8 Selfish Residents Ignore Lockdown

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A recent poll found that 1 in 8 people in Britain are ignoring the Coronavirus lockdown. These people are still going out and interacting with people from other households. These are the people that will make the 6-month-long lockdown necessary. We’re only going to get through this coronavirus pandemic by working together. Some people haven’t gotten the message. A recent survey from OnePoll reveals that 27% of Brits are still not self-isolating. Over half of that 27% gave their reasons for not isolating as ‘other.’ A third identified as essential…

Rockstar’s Pandemic Donation Is Nothing Compared to the Taxes They’ve Avoided

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Rockstar Games announces a plan to donate 5% of its revenue from purchases in GTA Online and Red Dead Online to pandemic relief efforts. The funds will be used to help local organizations stay in business through the pandemic and for those helping those affected by it. However, the company has been criticized for not paying its taxes, which could be used for pandemic relief. Rockstar Games just announced that from April 1 to the end of May, it will be giving 5% of its revenue from GTA Online and…

Bitcoin Rips to $6,750 In Move Reminiscent of Last Year’s 25% April Fool’s Rally

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Since NewsBTC’s last market update, Bitcoin has continued to rip higher, recently hitting $6,750. With this, the cryptocurrency is up nearly 9% from the daily lows around $6,200, and up over 16% from the weekend lows at $5,800. Although not on the same magnitude, many have likened Bitcoin’s recent price action to the 25% surge seen on April Fool’s and April 2nd last year, which was a move that kickstarted a rally from the $4,000s to $14,000 by mid-June. Analysts believe that the cryptocurrency could continue higher. Could Bitcoin Continue…

Dow Futures Recover 200 Points While China Attempts to Rewrite Coronavirus Narrative

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Dow Jones futures rallied by as much as 224 points Wednesday night after the blue-chip index crashed nearly 1,000 points in New York trading. Markets remain extremely volatile over fears that the world economy was headed for a protracted recession. Meanwhile, China’s Communist Party is trying to recast itself as a global savior in the pandemic — and is blaming the United States for its lackadaisical response. Futures on the Dow and broader U.S. stock market rallied Wednesday night, shaking off a brutal start to the second quarter that was tied…

Crypto to the Rescue After Khan Academy’s COVID-19 Traffic Surge

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The founder of education platform Khan Academy has put out an urgent call for donations following a 250% surge in users due to the coronavirus crisis. CEO Sal Khan asked users to donate fiat — or they can donate Basic Attention Tokens (BAT) via their Brave browsers — to help the platform stay open during the pandemic. Khan said the surge was due to record numbers of students forced to stay home during lockdowns and social distancing requirements.  A billion schoolkids are staying home because of COVID-19 Khan Academy is…

Brave Browser Gains 1M New Users in a Single Month

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Open-source internet browser, Brave, tallied more than one million new users in March alone, a tweet from Brave’s head of marketing, Des Martin, detailed on April 1.  Isolation has increased web traffic With much of the world limiting their exposure to the coronavirus through self-imposed quarantine, web usership has undoubtedly increased. As a result, various internet-based services have hosted significantly greater demand for activities such as web browsing, gaming, and shopping, a March 20 Bloomberg article stated.   Brave sees increased attention Some of this attention has been funneled toward Brave,…