APEX:E3 has a simple task for Cambridge and Oxford Math and Computer Science students:
“Figure out a way to make more money on cryptocurrency trading.”
Ever since November 16, the students have been competing to make the most money from crypto exchanges Coinbase Pro and FTX, APEX:E3 released recently. APEX:E3 stated that the students have already spent their days conjuring up algorithms that involve technologies and concepts as various as machine-learning, neural networks, and whale order trading.
As they return for their toils, APEX:E3 provides Cambridge and Oxford students access to its APIs, technical support, mentorship, and an undisclosed amount of “seed funding.”
The firm also worked together with Coinbase, FTX, SIX Digital Exchange, LMAX Digital, and ConsenSys.
When the competition completes at some point next month, the clocks will stop and a panel of “industry-leading judges” will rate the teams on the algorithms.
Dr. Quentin Stafford-Fraser, Department of Computer Science, University of Cambridge, remarked in a statement,
“APEX:E3 has created a fun and risk-free way for students to learn about the industry and bring their creativity and expertise to bear on the particular challenges of this domain.”
The winners will get to keep their seed capital and returns. Everyone else will leave with nothing.
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