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Lucasfilms Announces Open-World Star Wars Game To Be Developed by Ubisoft

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Following yesterday’s news that LucasFilms is partnering with Bethesda to make an Indiana Jones, the production company has today told Wired it will also join forces with Ubisoft to create an open-world Star Wars game.

The deal marks an end to EA Games’ exclusive rights to Star Wars as a video game IP, which has seen just four Star Wars games released in over eight years and several canceled.

Sean Shoptaw, senior vice president of Global Games and Interactive Experiences at Disney, said in a statement:

“EA has been and will continue to be a very strategic and important partner for us now and going forward… But we did feel like there’s room for others.”

Still, it’s likely we won’t see Ubisoft’s first effort for quite some time. The project is still in the very early stages of development. Indeed, Ubisoft Massive, the studio charged with its production, is still recruiting its team.

Details are thin in terms of what we can expect from a gameplay standpoint, but we do know that Julian Gerighty, director of The Division 2 and The Crew, is heading the new project. Also, that it will use Massive’s Snowdrop Engine, which powers The Division games, as well other titles like Starlink: Battle for Atlas.

Ubisoft CEO Yves Guillemot weighed in with his own statement:

“The Star Wars galaxy is an amazing source of motivation for our teams to innovate and push the boundaries of our medium. Building new worlds, characters and stories that will become lasting parts of the Star Wars lore is an incredible opportunity for us, and we are excited to have our Ubisoft Massive studio working closely with Lucasfilm Games to create an original Star Wars adventure that is different from anything that has been done before.”

In what will come as music to the ears of Star Wars fans who have longed for more substantial single-player games, Lucasfilms’ decision to partner Ubisoft is being driven an interest in the development large, storydriven Star Wars games.

President of Lucasfilm Kathleen Kennedy explains:

“As we look to the next 50 years of Lucasfilm, we look forward to continuing the wonderful legacy in games, which has introduced so many memorable characters and stories. These new collaborations will allow the Lucasfilm Games team to pursue fresh and exciting directions in the storytelling of Star Wars and Indiana Jones in imaginative and different ways than those explored by our films.”

The last major Star Wars game to launch was Motive Studios’ Star Wars: Squadrons, which Twinfinite reviewed back in October of last year and thoroughly enjoyed.

Source: https://twinfinite.net/2021/01/lucasfilms-announced-open-world-star-wars-game-to-be-developed-by-ubisoft/

Blockchain

Bitcoin advocate: One of the big benefits of DeFi, as we see in Ethereum, is…’

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With new developments and upgrades taking place on a daily basis, it would not be an over-exaggeration to state that the DeFi space is exploding. Technology, however, comes with its own risks.

Netherland’s ING Bank recently released a paper that analyzed the opportunities and risks associated with DeFi. 

The authors looked into how “Centralised institutions could benefit from DeFi’s borderlessness“. The paper highlighted how centralized financial services could consider partnering with decentralized financial services where the expertise of both could be combined. They said,

“Although DeFi currently appears to be a domain on its own, we envision that centralised and decentralised financial services will converge at some stage as both have unique capabilities that are beneficial to the other.” 

DeFi legislations may further enhance DeFi adoption globally. If regulators announce favorable legislation with regard to DeFi, the paper stated, it was more likely for financial institutions to adopt it. It further added,

“One glaring area that we see as holding DeFi back from adoption right now is the lack of clarity on where liability lies if a DeFi protocol does not work as intended.”

The paper highlighted how composability was the catalyst for innovation in DeFi. Highlighting the same it said,

“Composability allows DeFi developers to easily connect and re-use existing components on the blockchain to create new financial services.”

Tech entrepreneur and author Andreas Antonopoulos recently took YouTube to assert the same. He said,

“One of the big benefits of doing DeFi in an open platform or open systems way, as we see in Ethereum, is composability… If you need a governance solution, then you use an existing governance token or platform or library that you can incorporate into your smart contracts in such a way that you don’t reinvent the wheel.”

ING chose decentralized lending platform AAVE to carry out its research. The paper further highlighted,

“The biggest difference between AAVE and a traditional bank now is the maturity of unsecured lending. It is uncertain if DeFi protocols are actually in direct competition with banks at all.”

Antonopoulos further said,

“In order to wash out the kind of vulnerabilities of DeFi and improve the maturity of these systems they ought to be tested a number of times in different situations to become more robust.”

Commenting on the paper, ING blockchain lead, Herve Francois, told CoinDesk,

“DeFi could be more disruptive than Bitcoin to the financial sector.”

The paper concluded,

“The best of both worlds is achieved if centralised and decentralised financial services cooperate.”


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Source: https://ambcrypto.com/bitcoin-advocate-one-of-the-big-benefits-of-defi-as-we-see-in-ethereum-is

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Blockchain

Ethereum, Dogecoin, XRP Price Analysis: 11 May

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Ethereum’s bearish signals could materialize into a correction and the first support mark lay around $3,810-$3800. Dogecoin cut losses at $0.44 but this area would need to be defended over the coming days as well. Lastly, XRP neared $1.31-support and a breakdown could go as low as $0.91.

Ethereum [ETH]

Source: ETH/USD, TradingView

Since late April, Ethereum’s price jumped from $2,166 to a high of $4,200, while corrections have been few and far between. However, the appearance of a consecutive doji candlestick on the daily timeframe caused created some skepticism in ETH’s most recent rally. In fact, warning signals have been present in the market for the past few days and while buying pressure has kept up despite these signs, a correction might finally be around the corner.

On the 4-hour timeframe, consecutive red candlesticks saw ETH dip closer towards $3,800-support. Additional levels of support lay around $3,560, $3,200 and a sharper sell-off could go as low as $2,530 – a region that coincided with the 50-SMA (yellow). RSI was yet to dip from the overbought region – indicative of an incoming price correction. MACD line was well above the Signal line, but its histogram noted some weakening momentum.

Dogecoin [DOGE]

Source: DOGE/USD, TradingView

Dogecoin cushioned its losses at $0.44-support but some indicators still pointed towards weakness in the market. MACD was close to a bearish crossover. If the present support counters bearish presence over the coming days, DOGE would have established a reliable line of defense at $0.44. This would likely lead to a round of consolidation as DOGE prepares for its next upswing.

A break below $0.44 could go as low as $0.226 (50-SMA). Despite a sharp decline in trade volume, the flow of institutional capital remains healthy for Dogecoin. This was highlighted by Chaikin Money Flow as it maintained above the half-line.

XRP

Source: XRP/USD, TradingView

With regard to XRP, the 50-SMA floated around $1.14 and a dip below this point could lead to another round of sell-off. After steadily rising since early January, OBV started to decline from April 15. A downturn in buying pressure indicated that investors have been taking profits. If this continues over the week, XRP could dip below $1.14 and all the way towards $0.91 before buyers step in.

Awesome Oscillator formed a bearish twin peak- setup that usually sides strongly with the sellers. For a bullish comeback, levels to recapture include $1.52 and $1.66. This could lead to a jump towards the $2-mark.


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Source: https://ambcrypto.com/ethereum-dogecoin-xrp-price-analysis-11-may

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Blockchain

Ethereum Classic, Filecoin, Stellar Lumens Price Analysis: 11 May

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Filecoin projected a breakdown from a descending triangle. Stellar Lumens highlighted a few Fibonacci levels that could as support in case of further dips. Lastly, losses in Ethereum Classic amplified over the last 24 hours.

Filecoin [FIL]

Source: FIL/USD, TradingView

Filecoin made lower highs and steady lows since late March and its movement was within the confines of a descending triangle. A move below $130 could lead to a breakdown from the pattern and highlight the next region of support at $120. This would indicate a 30% retracement from the bottom trendline. In the case of short trades, this area can also be set as a take-profit level. An extreme bearish case could see FIL fall towards $91.8.

MACD’s histogram noted a series of red bars as the fast-moving continued to move below the Signal line. A fall below equilibrium could trigger a breakdown from the pattern. The RSI traded below 40 at press time and in bearish territory.

Stellar Lumens [XLM]

Source: XLM/USD, TradingView

While the daily timeframe still indicated minor gains for Stellar Lumens, successive red candlesticks were spotted on its 4-hour timeframe. If today’s close results in a doji candlestick, XLM would likely retrace along with the broader market. Using the Fibonacci tool, some important support levels were highlighted on the charts. The 50% ($0.54) Fibonacci level was an important area to defend for the bulls as it coincided with 20-SMA (red). Further down lay the 38.2% level ($0.504) close to 50-SMA. If XLM loses out on both these levels, a fall towards the 200-SMA could be on the cards.

OBV’s higher highs have noted sustained buying pressure in the market. Since buying was on the buildup, it was possible that investors could take profits at the current price level- causing a sharp sell-off. Stochastic RSI traded in the overbought zone and threw its weight behind a bearish outcome.

Ethereum Classic [ETC]

Source: ETC/USD, TradingView

While Ethereum Classic saw sharp gains until May 5, the narrative seems to have shifted over the past couple of days. A correctional phase was in effect as ETC fell below multiple support levels, the latest being $110. Some resurgence was seen around $101.4 on the 4-hour timeframe but this was likely to be lost out to the sellers considering a bearish broader market. The daily timeframe highlighted additional supports at $91.7 and $70 but these areas were yet to established as safe buy zones.

RSI continued its descent at the time of writing after highlighting severely overbought conditions in the market. On the plus side, the flow of institutional capital remained healthy according to the Chaikin Money Flow. Capital inflows could act as a buffer against a sharp sell-off, but the bearish sentiment would still have the upper hand.


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Source: https://ambcrypto.com/ethereum-classic-filecoin-stellar-lumens-price-analysis-11-may

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