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Bitcoin, invented in 2008 by “Satoshi Nakamoto” and first released as open-source software in 2009, is the first decentralized cryptocurrency. Without a central bank or single administrator, it can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography, eliminating the old danger of “double spending”, and recorded in a public distributed ledger called a blockchain.

Just a day after the announcement of the FTX Crypto Chess Cup 2021 by the Play Magnus group, Chess.com launches its crypto related chess event – CryptoChamps Chess by Coinbase.

CryptoChamps announcement

The 1st Online Workshop “Equal Opportunities” takes place 16-19 May 2021.

Today’s session of the Workshop includes speeches by the FIDE President Arkady Dvorkovich, the ECU President Zurab Azmaiparashvili, the ECU Vice President Dana Reizniece-Ozola, the FIDE Planning and Development Commission Chairperson Sonja Johnson and other special guests.

The European Hybrid Qualification Tournament 2021 for the FIDE World Chess Cup 2021 will take place from 22nd-30th May through Tornelo online platform. The games start on May 24 and the total prize fund for the event is 32 000 eur.

The pairing tree for all rounds was announced yesterday by the Chief Arbiter Panagiotis Nikolopoulos and the Pairing Officer Marco Biagoli.

Play Magnus Group, the company of Magnus Carlsen, listed on the stock exchange and valued at 85 million, has acquired yet another chess project. After chess24, Chessable, iChess, New In Chess, EverymanChess, CoChess, and the Play Magnus App Suite, now it is time for Aimchess to join Play Magnus.

Aimchess announces it joins forces with Play Magnus

The Africa Individual Chess Championship 2021 is going to take place 17-28 May in Lilongwe, Malawi. Live games from the top boards will be daily on Chessdom.com

Africa Individual Chess 2021 full information / Participants Open / Participants women

At the recently held Montengro Chess Championship 2021, IM Luka Draskovic claimed the title of the National Champion for the first time in his chess career.

Top four players from the National Championship took part in the knock-out tournament in Budva. The winner of the event earned the spot for the upcoming World Chess Cup 2021.

FTX Crypto Chess Cup 2021 is going to take place from May 23 to May 31 and is broadcast on TV2, Eurosport, and online streaming platforms Twitch and YouTube across multiple platforms. Chessdom.com will provide extensive coverage of the FTX Crypto 2021.

Official website of the Champions Chess tour / Latest event: Carlsen wins Meltwater Championship Chess Tour

The prominent Indian news agency TOI featured the upcoming FTX Crypto Chess Cup. In an article by Prasad Ramasubramanian titled “FTX Crypto Cup chess to kick off from May 23”, Carlsen is quoted,

As a big sports fan and NBA enthusiast, I was thrilled to learn that FTX is continuing its move into sports by partnering with the Champions Chess Tour.

Magnus Carlsen for TOI

The FTX Crypto Chess Cup 2021 was just announced and it is already making headlines. In an article titled “The World’s first bitcoin chess tournament” The Sun presents the FTX event of the Meltwater Champions Chess Tour:

“The world’s first bitcoin chess tournament, the FTX Crypto Cup, is being held from May 23. “A cool $100,000 of that is a bonus paid in crypto by new sponsor FTX, the leading cryptocurrency exchange.