Chess Championship Bitcoin Tech – Bitcoin Magazine: Bitcoin News, Articles, Charts & Guides

On May 29, the 16 best chess players in the world competed FTX Crypto Cup. Hundreds of thousands of fans have followed, Twitch, Youtube and the Champions Chess Tour to see their favorite players beat them in the nine-day event. But unlike previous tournaments of this size, where the prize pool is always set and paid in US dollars, the FTX Crypto Cup was different. Thanks to the crypto derivatives exchange FTX and its CEO, Sam Bankman-Fried, the tournament prize money of $220,000 was supplemented by 2.1825 BTC, split among the winners.

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