Hello and welcome to Crypto Basic News! This week we're cozying up in quarantine, staying calm and collected, and we're talking about all kinds of stuff like Tezos getting into digital card games, millions of dollars being usurped through the MakerDAO smart contract mechanism, and of course, we talk COVID-19, from its health risks to its massive possible socioeconomic effects. Wash your hands and then click play to tune in! Rapid FireApparently it's alt season according to that index we talked about a few weeks ago????50 Days Out From Bitcoin HalveningIRS Deadline has been extended by 90 days (July 15th)Coinbase CLO Resigns to Oversee US National Banking SystemWHO impersonators are trying to steal your bitcoinThe fake email claims funds will be used to “enable all countries to track and detect the disease...send personal protective equipment to frontline health workers...enable communities to prevent infection and care for those in need...and accelerate efforts to fast-track the development of lifesaving vaccines.”Tezos gets in the digital card game space (Adam)Coase, a company launched by Tezos aims to solve with its new game, EmergentsCoase’s innovation: Let people easily acquire and swap the cards they actually wantAlpha will be available in AprilFor Coase co-founder Zvi Mowshowitz – who is also a 2007 inductee to Magic Hall of Fame – both distribution approaches leave a lot to be desired.Emergents will take a radically simple approach: Let people buy the cards they want.Brian David-Marshall, a third co-founder, said Coase has "an economic model for doing a collectible card game on the blockchain that captures a lot of what makes physical card games great."Coase will be the primary and secondary marketplace all in one. Like bitcoin on Square’s Cash App, Coase will be the seller and the buyer for Emergents cards, essentially acting as a market maker.The company is using bonding curves, much like Ethereum's token-swapping platform Uniswap, to distribute the cards. Cards will have a fixed supply and their prices will swing with demand, determined by an algorithm. New cards will come out and be sold on the site at a low price.Vitalik tweeted out a pic of what he thought the next 5-10 years of eth2 would look likeMillions of Dollars of value was usurped from the MakerDAO smart contract. (TOP STORY)I didn't want to use the word stolen, but this is an exceptionally rough spot. This happened right around this time last week.Apparently for a full 3.5 hours someone had a monopoly on the liquidation market of the MakerDAO.So lets do a recap of how the maker DAO creates liquidity. RECAP QUICK - REFERENCE 101With multiple people, there will automatically be a bidding war because the price of ETH exists in the world.With only one person, they were able to bid on the ETH being liquidated at $0 worth of DAI. How did only one person get to be the only bidder? Well people ran out of liquidity. There wasn't enough DAI sitting there to buy the ETH. ETH fell so fast that people couldn't liquidate their holdings and were forced to sell. The network was too congested to let keepers work fast enough, leaving this group in the only position to buy.They're using the term "Steal" $4M worth of ETH from the contract, but honestly this isn't really stealing. The contract functions this way.Since no one else could bid, normally the liquidation penalty on ETH contracts was 13%, but this raised it an liquidated all kinds of positions with a 50% penalty. People woke up to their collateral gone with no recourse.The Maker DAO is now creating a fund that would be the last resort in these scenarios that anyone can participate in, and they're making being a "keeper" easier for the general public. They've also programmed Coinbase's USDC as an emergency collateral device.CoronaVirus & The economy (everyone)Brent theory on how to solve this - dis