BitcoinCash Weekly News July 8th 2024 by the Bitcoin Cash Foundation

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GENERAL PROTOCOLS WANTS TO SEE YOUR SHORTS RIGHT NOW!

General Protocols (the team behind BCHBULL.com) has announced that BCHBULL.com now has leveraged shorts. If you like non-custodial, permissionless, on-chain, leveraged trading with multiple assets, you should head over to BCHBULL.com and start shorting. As always you can also simply hedge your BCH vs various assets if you are worried about stability as well.

PAYTACA UPDATE APP 0.19.0 NOW AVAILABLE 

The Paytaca team has released version, 0.19.0 of their app, which is now accessible on Google Play, App Store, and Chrome Web Store. This update brings several new features, enhancements, and bug fixes. The new features include a store pick-up option in their Marketplace, parsing of uploaded QR images of the recipient address, wallet backup using seed phrase shards, and a universal QR button for faster scanning and address generation and many other improvements and bug fixes.

BEING BUILT PODCAST HOSTS BCH DEVELOPER DAVID SHATTUCK 

In Episode 32 of the Being Built Podcast, host Aaron Davis interviews David Shattuck, a senior software architect at Digital2DNA and the founder of BitcoinCashClient and A Fifth Of Gaming. Shattuck, with over 15 years of experience in software development, discusses his journey from playing video games with friends to creating A Fifth of Gaming, a decentralized video game tournament engine that uses cryptocurrency for transactions. The platform, which started as a simple spreadsheet, evolved into a sophisticated app that hosts multiple independent gaming groups, each with their own game nights, game selection processes, and schedules. Shattuck also shares his exploration of integrating Bitcoin Cash into the app to generate revenue and his other experiences as a developer.

PHOENIX GROUP MINERS ROCKETS INTO BCH

Phoenix Group UAE, a conglomerate of 23 businesses that operate nine mining facilities around the world, recently doubled the Bitcoin Cash mining hash for a short time. In total they mined about 38% of blocks in the last 7 days.

RIFTEN LABS TEASES THEIR DECENTRALIZED BORROWING PROTOCOL

The shadow wizards at Riften Labs have teased the new decentralized borrowing protocol they have been brewing called Moria. The still upcoming Moria is said to be a protocol for secure, oracle-based borrowing against BCH collateral with 100% transparency of Proof-of-reserves.

GRAYSCALE BITCOIN CASH TRUST ADS 530,000 SHARES

 Grayscale Bitcoin Cash Trust (BCHG), a digital currency investment product, recently announced the private sale of 530,900 shares to accredited investors, accumulating approximately $1.74 million in Bitcoin Cash. The Trust, which allows investors to gain exposure to Bitcoin Cash without the challenges of direct handling, now has a total of 40,366,000 issued and outstanding shares.

THE MARKET THIS WEEK

Price stats: Oracles.Cash

Energy stats: GreenBitcoin.energy

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