Top News Daily 04.09.2018

- Korean bank SBI signed a Memorandum of Understanding with the blockchain and AI company

South Korea’s SBI Savings Bank has signed an MoU with DAYLI Intelligence, a specialist in AI and blockchain technology, to bolster its fintech business, Money Today reports. DAYLI Intelligence provides blockchain solutions and AI-based tech infrastructure for financial institutions. The firm will reportedly assist SBI in implementing both blockchain and machine learning to maximize work efficiency and reduce costs across various financial products and services.

- Supreme Court of Greece extradites the alleged owner of BTC-e Alexander Vinnik to Russia

The Supreme Civil and Criminal Court of Greece has ruled to extradite alleged BTC-e owner Alexander Vinnik to Russia to face several cyber fraud charges, Russian state news agency RIA Novosti reports Tuesday, September 4. The formal decision on extradition to Russia will be issued September 14, coming into force the same day. During the actual hearing, the Supreme Court will also consider France’s request on the alleged BTC-e owner’s extradition.

- Vitalik Buterin started a discussion with the developer Bitcoin Core

Jeremy Rubin, known as the developer of Bitcoin Core and technical consultant Stellar questioned the future of Ethereum. By the same statement, Vitalik Buterin, who zealously defended the "honor" of the ethereum, was unable to pass by, giving arguments opposing the theses of Rubin. Who will win in this polemical battle can only guess.

- Crypto wallet Abra opens doors for more European users

Crypto wallet and exchange startup Abra is opening up a new channel for deposits: European bank accounts. Residents in the Single Euro Payments Area (SEPA), as well as additional nations in the European Union, can now transfer euros or other national currencies directly to Abra, which in turn deposits bitcoin into users' digital wallets.

- IBM launched a payment system based on the blockchain Stellar

IBM is taking its long-in-the-works blockchain-based payment system out of beta, with the launch of a new product called Blockchain World Wire. Aimed at institutions and harnessing the stellar blockchain network, Big Blue says its new financial rail "can simultaneously clear and settle cross-border payments in near real-time."