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APEX:E3 contest on crypto algorithms to Australia's blockchain use, Read Today's Top 5 Crypto News

1) APEX:E3 has given students of Cambridge and Oxford a risk-free opportunity to explore crypto trading algorithms.

APEX:E3 is sponsoring a contest where more than 12 teams are competing to build crypto trading algorithms on major exchanges Coinbase Pro and FTX and teams from Cambridge and Oxford are also participating in this contest. During the contest, the institutional analytics firm would be providing access to its APIs, mentorship, technical support, and an undisclosed sum of seed funding to each competitor but only the winner will be able to keep the funding.

2) PayPal user's account gets restricted after performing crypto trading using the platform.

A PayPal user got his account permanently limited due to potential risk as mentioned by the user. But user claims

I genuinely 100% know I did nothing wrong and it’s a misunderstanding because they think I made 50+ buy/sell transactions in a span of 1 week of items, when it’s just crypto

He also added

The system flagged my account thinking I was selling items worth $10,000 in one week when I hadn't done so in the last 6 years I've held a PayPal account. I submitted the stuff for review with my photo ID and wrote ‘PayPal Crypto’ for each crypto transaction because what else could I say?”

Now his account balance has been placed on a 180-day hold. Another PayPal user has mentioned a similar issue on Reddit.

3) Doncho Karaivanov published a report stating Satoshi Nakamoto was from London.

Doncho Karaivanov report shows that from 2008-2010 Satoshi Nakamoto was living in London. He has added President of the Toronto Stock Exchange, and Wendy Rudd, a board member for the Canadian Regulatory Technology Association. becoming part of the exchange."Times" headline embedded in the genesis block was specific to England’s print version of the periodical.

4) Coinsquare exchange announced a new leadership team.

Coinsquare has got a new CEO, CCO, and COO. The exchange made an announcement about Nicholas Thadaney, President of the Toronto Stock Exchange, and Wendy Rudd, a board member for the Canadian Regulatory Technology Association becoming part of the exchange.

5) The Australian government is set to use blockchain technology for inter-government document exchanges.

Australia Border Force on November 23, 2020, launched a blockchain trade trial in collaboration with Singapore Customs and Singapore Infocomm Media Development. Michael Outram, ABF Commissioner said

This initiative will incorporate paperless trading and secure, digital exchange of trade information as part of the future architecture and design of an Australian Trade Single Window.

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