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Cryptocurrencies/Coins/Tranchess (CHESS)
Tranchess price, market cap on Coin360 heatmap

Tranchess(CHESS)

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$0.189772
(1.94%)
0.00000270 BTC
Market Cap (Rank#704)
$30,233,151
430.085 BTC
Vol 24h
$1,395,041
19.8453 BTC
Circulating Supply
159,313,312
Max Supply
300,000,000
186 days agozycrypto
Community Buzz: Did BlackRock Play a Role in CZ’s Binance Exit?
In the aftermath of CZ's exit from Binance, a fervent buzz engulfs the cryptocurrency community, echoing suspicions of a grand chess game orchestrated by regulatory forces and financial behemoths.
279 days agonulltx
GMX Whales Dumping, Are They Buying This Fast-Growing Crypto AI Gem?
The world of cryptocurrencies, with its meteoric rises and abrupt falls, is like a high-stakes game of chess. From cryptocurrency trading for beginners to seasoned traders scouting for the best cryptos to buy now, everyone is on the lookout for the next big thing. Amid this bustling ecosystem, altcoins to watch often come into the […]
297 days agocryptodaily
SEC Chair Pivots From Crypto Manhunt To AI
Gary Gensler, the U.S. Securities and Exchange Commission (SEC) chairperson, has expressed serious concern for AI technology, calling it a serious threat to financial markets. Gensler Pivoting Regulatory Eye To AI Under the leadership of its chairperson, the SEC has shifted its focus from cryptocurrency to artificial intelligence (AI), recognizing it as a technology that "warrants the hype." Gensler, who previously dealt with crypto industry scams and fraud, now views AI as the most transformative technology of this generation and warns of the risks it may pose if not properly regulated. Gensler emphasizes that mass automation driven by AI can have far-reaching implications for the trillions of dollars in assets traded on SEC-regulated markets. While AI's predictive capabilities can benefit firms in better serving their clients, there's a concern that it might also be used to obscure responsibility when things go wrong, potentially leading to significant market risks. A Long-Standing Interest In AI Technology Gary Gensler has a well-established history with AI, dating back to 1997 when he first delved into it after witnessing Russian chess grandmaster Garry Kasparov's defeat against IBM's supercomputer, Deep Blue. His involvement with AI deepened during his tenure as an MIT professor, leading to his co-authoring a 2020 paper, “Deep Learning and Financial Stability,” that examined the risks posed by deep learning to the financial system. He claimed that existing financial laws do not have the capacity to address the dangers of algorithmic deep learning. He believes that developers can create AI functions without any limits, and these functions might work against fair market ethics. Calls for Better Regulation Gensler asserts that existing regulatory frameworks are ill-equipped to manage the risks associated with AI. He highlights the potential challenges of coordinating AI models among major trading houses, which could lead to increased market volatility and instability. To address the conflict, Gensler has proposed one of the first regulatory frameworks for AI, urging trading houses and money managers to assess whether their use of AI or predictive data could create conflicts of interest. No Loosening of Crypto Enforcement Despite pivoting the SEC's attention to AI, Gensler's focus on crypto enforcement remains strong. Numerous lawsuits involving major cryptocurrency firms, such as Ripple, Binance, and Coinbase, are currently pending. He has also faced severe criticism from leading market experts like Tim Draper and lawmakers like Ritchie Torres for his stance against crypto, calling it detrimental to the industry and the economy. As the landscape of both AI and crypto continues to evolve, market participants will be closely watching the SEC's actions and decisions. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
297 days agocryptodaily
SEC Chair Pivots From Crypto Manhunt To AI
Gary Gensler, the U.S. Securities and Exchange Commission (SEC) chairperson, has expressed serious concern for AI technology, calling it a serious threat to financial markets. Gensler Pivoting Regulatory Eye To AI Under the leadership of its chairperson, the SEC has shifted its focus from cryptocurrency to artificial intelligence (AI), recognizing it as a technology that "warrants the hype." Gensler, who previously dealt with crypto industry scams and fraud, now views AI as the most transformative technology of this generation and warns of the risks it may pose if not properly regulated. Gensler emphasizes that mass automation driven by AI can have far-reaching implications for the trillions of dollars in assets traded on SEC-regulated markets. While AI's predictive capabilities can benefit firms in better serving their clients, there's a concern that it might also be used to obscure responsibility when things go wrong, potentially leading to significant market risks. A Long-Standing Interest In AI Technology Gary Gensler has a well-established history with AI, dating back to 1997 when he first delved into it after witnessing Russian chess grandmaster Garry Kasparov's defeat against IBM's supercomputer, Deep Blue. His involvement with AI deepened during his tenure as an MIT professor, leading to his co-authoring a 2020 paper, “Deep Learning and Financial Stability,” that examined the risks posed by deep learning to the financial system. He claimed that existing financial laws do not have the capacity to address the dangers of algorithmic deep learning. He believes that developers can create AI functions without any limits, and these functions might work against fair market ethics. Calls for Better Regulation Gensler asserts that existing regulatory frameworks are ill-equipped to manage the risks associated with AI. He highlights the potential challenges of coordinating AI models among major trading houses, which could lead to increased market volatility and instability. To address the conflict, Gensler has proposed one of the first regulatory frameworks for AI, urging trading houses and money managers to assess whether their use of AI or predictive data could create conflicts of interest. No Loosening of Crypto Enforcement Despite pivoting the SEC's attention to AI, Gensler's focus on crypto enforcement remains strong. Numerous lawsuits involving major cryptocurrency firms, such as Ripple, Binance, and Coinbase, are currently pending. He has also faced severe criticism from leading market experts like Tim Draper and lawmakers like Ritchie Torres for his stance against crypto, calling it detrimental to the industry and the economy. As the landscape of both AI and crypto continues to evolve, market participants will be closely watching the SEC's actions and decisions. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
339 days agocointelegraph
Blame game rages over ASX’s failed CHESS system blockchain upgrade
Digital Asset blames the ASX for not providing it with crucial information while the ASX says these claims are misleading.
340 days agocoindesk
Animoca Brands' Anichess Secures $1.5M for Decentralized Chess Game
The game, launching in early 2024, was made in partnership with Chess.com.
355 days agocryptodaily
As the crypto ship steadies, is Tether next?
Major exchanges have been broadsided by the SEC, including Binance and Coinbase just recently. Is Tether going to be the next port of call for the SEC? SEC master plan All the grandmasters of chess were able to think many moves ahead and thus lay ambushes for their opponents. While the SEC can hardly be likened to a grandmaster, it probably has it in mind that in order to cause the most consternation in the crypto world a Wells Notice for Tether would be a good move. The SEC, led by its captain Gary Gensler, isn’t the fastest moving or rapier like opponent for crypto, but it does have bludgeoning force. Sending in a suit against Binance was like a typhoon. Then pouring it on by suing Coinbase was akin to a hurricane. Going next for Tether would hit the crypto markets like a tsunami. Choppy seas remain Currently, the crypto market is in rather stormy waters. Bitcoin suffered a 6.4% fall on Tuesday when the Coinbase news came roaring in. The rest of the crypto market followed suit and many cryptocurrencies fell in the double digits. However, perhaps big capital funds were nimble enough to jump into the market when things looked pretty bad and bought the dip, sending Bitcoin and crypto back up to pretty much where they were at the start of the day on Tuesday. So the SEC- inspired storm hit, caused a fair bit of havoc and carnage, but as with all storms it blew over after a while and much fairer weather ensued. Today, the same old lingering fear is palpably still there in crypto. All must be asking themselves that if the SEC cuts off all the banks, swamps the big exchanges with litigation, has a quiet word with the big market makers, and brings in crushing regulation, then how on earth is the industry going to survive? Tether next? And on top of that there is the potential of an SEC move against Tether. John Reed Stark, former SEC Head of Internet Enforcement, has stated that Tether needs to undergo a full traditional financial audit, expressing his astonishment that Tether is allowed to continue without one. John Reed Stark is only a self-styled expert on these matters but he still may have the ear of the SEC and could also be aware of impending moves that the agency might be preparing. Fairer weather for Bitcoin So for crypto at least, the next few weeks and months could see a fair bit of volatility, especially when the waves of bad news come crashing in. However, Bitcoin appears to be outside of all of this. It is one of the only cryptos that the SEC grudgingly admits to being a commodity. That its bull market has begun is a very strong possibility. Also, with other asset classes potentially about to be pummelled should the US and other major economies enter recession, Bitcoin could finally be that hedge out of the toxic traditional financial system that it has wanted to be for so long. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
355 days agocryptodaily
BinaryX and AiGC Labs Developing First AI-Powered Virtual Reality Game on the Metaverse
Singapore, Singapore, June 7th, 2023, ChainwireBinaryX today announced their plans to expand into Virtual Reality (VR) and Artificial Intelligence Game Content (AIGC). Building upon their GameFi expertise, BinaryX has reportedly entered into agreements with their VR and AIGC partners, AiGC Labs, to develop a groundbreaking new GameFi genre of AI-based VR games.First AI-Powered Virtual Reality Game on the MetaverseAccording to the team, BinaryX is preparing for the launch of the first-ever VR game which heavily features both VR and AIGC in collaboration with AiGC Labs. The team has not released the full details of the game yet, but has hinted that the game will be set in a character-rich universe, inspired by heroes and characters from East Asian folklore.This comes just after Apple’s official reveal of their VR headset, Apple Vision Pro, during the Worldwide Developers Conference event on June 5.Using ChatGPT and GameGPT for Game DesignThe team revealed that they have been experimenting with ChatGPT and GameGPT to generate engaging gameplay, characters and build compelling narratives for their games. The AI models helped the team to explore and refine ideas for world-building as well, including ideas for environmental layout, challenges, and level design. Besides the AI-powered VR game in collaboration with AiGC Labs, BinaryX has also been working on a separate AI-powered game that will be released sometime this year."We are incredibly excited to unveil our latest venture into VR and AIGC technologies," said Rudy, Head of Growth at BinaryX. "This is a significant milestone for our companies as we continue to push the boundaries of innovation in the Web3 gaming industry. Together with our partners, our team has poured talent and dedication into creating a game that will redefine the gaming experience and captivate players like never before. We’re excited to reveal the game to our players soon."The game is currently still under development and more details about the official release will be shared on their social media.About BinaryXBinaryX is a GameFi and IGO platform, and the force behind popular blockchain games such as CyberChess, CyberDragon, and CyberLand. These games run on the BNB Chain.Aside from developing games, BinaryX has now evolved into a full-fledged GameFi platform by offering Initial Game Offering (IGO) services, giving game developers the opportunity to launch their GameFi projects on their platform, and for users to get early access to innovative new games.As one of the top 10 projects on the BNB Chain, BinaryX has a vast community of more than 100k coin holders and 30K monthly active wallets. It is also one of the top few metaverse projects by trading volume on the BNB chain, with more than 200 million in market cap. BinaryX also has a token, $BNX, that has consistently demonstrated strong performance despite the bear market.For more details and information about BinaryX, please visitOfficial website | Medium | Discord | Telegram | TwitterCheck out BinaryX's games on their website and on [email protected]
361 day agocryptodaily
LBank Labs Invests in Sparkle Ventures to Ignite Innovation in Web3
Road Town, British Virgin Islands, June 1st, 2023, ChainwireLBank Labs, a leading blockchain venture fund, is pleased to announce an investment in Sparkle Ventures, a prominent fund manager based in Luxembourg. The strategic investment aims to foster innovation and support the growth of highly-scalable Web3 infrastructures on a global scale.LBank Labs, known for its protocol and exchange-agnostic approach, is committed to supporting projects through direct funding, acceleration, incubation, and extensive networking. With $100 million in assets under management (AUM), the venture capitalist arm of global cryptocurrency exchange LBank has a strong track record of nurturing startups and helping them thrive. Besides direct investments, the team aims to build a strong fund network via investing in global top funds to support portfolios from the network in both financial and resource value-add. Czhang Lin, IC board member of Labs, is also personally LP to NGC, Blockchain Founders Fund and Lemniscap, while Eric He, Co-Founder of LBank is LP to SevenX Ventures fund I, II and FOF, and IOSG Ventures.Sparkle Ventures, acting as the strategic fund manager in conjunction with Animoca Brands, has gained recognition for its investments in cutting-edge technologies, supporting early-stage Web3 infrastructure enablers globally. Among the General Partners of Sparkle Ventures are industry veterans like Sebastien Borget, Co-Founder and COO of The Sandbox, Yat Siu, Founder and Chairman of Animoca Brands, Julien Pageaud, former head of strategic investments and tech lead at Nomura Digital, and Thibaut Chessé, former head of tech adoption for the Tezos blockchain protocol.Notable projects backed by Sparkle Ventures include institutional-grade DeFi SaaS platform Kiln.fi, data analytics software AbsoluteLabs.io, and ZKP systems Polyhedra.network and OAS.gg. Their co-investors include market giants such as Accel, BinanceLabs, Coinbase, Consensys, Matrix Partners, Polychain, and Sequoia.By investing in Sparkle Ventures, LBank Labs aims to leverage their combined expertise, networks, and resources to drive innovation in NFT, gaming and metaverse infra to advance the creation of highly scalable businesses and technologies that will shape the future of Web3."We are thrilled to invest in Sparkle Ventures to support our shared mission to accelerate the growth of transformative technologies in the Web3 space," said Jiayu Gao, Head of FOF investment at LBank Labs. "We believe this investment will empower entrepreneurs and developers to bring their ideas to life, pushing the boundaries of what is possible in the realm of Web3,” she added.With $100 million assets under management, LBank Labs brings extensive financial resources and a vast global network to Sparke Ventures. In turn, Sparkle Ventures will reciprocate by contributing significant value to LBank Labs, leveraging their expertise, strategic insights, and innovative approach to fuel mutual growth and success.The venture fund also aims to forge its commitment by building a comprehensive network of Fund of Funds, designed to enhance the performance and diversification of its portfolios while emphasizing the inherent value of its ecosystem network. Labs’ presence in seven global regions, including San Francisco, Dubai, and Shanghai, positions them as a powerhouse for fostering collaboration and innovation across borders.About LBankLBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrencies.Start Trading Now:lbank.comCommunity & Social Media:TelegramlTwitterlFacebooklLinkedInlInstagramlYouTubeContactGlobal PR DirectorJeremy Van der [email protected]

About Tranchess?

The live price of Tranchess (CHESS) today is 0.189772 USD, and with the current circulating supply of Tranchess at 159,313,312 CHESS, its market capitalization stands at 30,233,151 USD. In the last 24 hours CHESS price has moved -0.000297 USD or -0.00% while 1,405,317 USD worth of CHESS has been traded on various exchanges. The current valuation of CHESS puts it at #704 in cryptocurrency rankings based on market capitalization.

Learn more about the Tranchess blockchain network and how it works or follow the price of its native cryptocurrency CHESS and the broader market with our unique COIN360 cryptocurrency heatmap.

Tranchess Price0.189772 USD
Market Rank#704
Market Cap30,233,151 USD
24h Volume1,395,041 USD
Circulating Supply159,313,312 CHESS
Max Supply300,000,000 CHESS
Yesterday's Market Cap29,604,992 USD
Yesterday's Open / Close0.186153 USD / 0.185856 USD
Yesterday's High / Low0.187672 USD / 0.182734 USD
Yesterday's Change
0.00% ( 0.000297 USD )
Yesterday's Volume1,405,316.88 USD
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