BitcoinCash Weekly News October 28th 2024 by the BCHF
BCH BULL CELEBRATES 500,000 BCH AND 26000 SMART CONTRACTS MILESTONES
BCH Bull, a decentralized application built on the Bitcoin Cash blockchain, has reached a major milestone in its growth. The platform, which enables users to speculate with leverage or hedge BCH against various tradable assets, has now generated over 26,000 smart contracts. Additionally, BCH Bull has surpassed 500,000 BCH in volume, equivalent to approximately $175 million USD. With support for a range of assets including USD, BTC, ETH, and several fiat currencies, BCH Bull is force to be reckoned with in the DeFi space, offering users an extremely versatile platform for trading, speculation, and risk management all onchain.
PAYTACA MARKETPLACE LAUNCH EVENT IN ORMOC CITY
Paytaca has launched its new marketplace feature in Ormoc City, allowing users to order and have items delivered from a variety of partner merchants through the Paytaca app. The official launch event took place at SM Center Ormoc, where attendees were able to experience the convenience of the new feature and take advantage of exclusive promotions. The Paytaca Marketplace aims to provide users with a seamless and innovative shopping experience, aligning with the company’s broader mission to make Bitcoin Cash accessible to everyone. With the successful launch in Ormoc City, Paytaca plans to continue expanding its services and offering updates and promotions to its users.
FLIPSTARTER CAMPAIGN TO BRING WALLET CONNECT SUPPORT TO ELECTRON CASH
A new Flipstarter campaign aims to integrate WalletConnectV2 into Electron-Cash wallet in the form of a plugin. WalletConnect is an open-source protocol that allows users to securely connect their wallets to decentralized applications without exposing sensitive information. The integration of WalletConnectV2 into Electron-Cash is expected to enhance the user experience and simplify the development process for decentralized application creators. The campaign, led by software developer OPReturn, seeks to establish a foundation for future integration of the emerging CashConnect protocol into Electron-Cash. If successful, the plugin will enable basic WalletConnect V2 functionality, initially limited to a single address for added security and privacy benefits.
BCH ADOPTION SPREADS IN TAIWAN
Bitcoin Cash is gaining traction in Taiwan. Local merchants have begun integrating BCH payments through the Paytaca POS app, with four establishments in Kaohsiung City already on board. The growing presence of BCH in Taiwan was recently celebrated with a rap battle event, which saw participants compete for prizes denominated in BCH. The efforts of the Taiwan Bitcoin Cash team have been instrumental in driving this growth, with the organization aiming to verify ten merchant integrations by the end of the year.
BCH BASED DEX CAULDRON GETS UPGRADE
Cauldron, a decentralized exchange built on the Bitcoin Cash network, has unveiled their latest upgrade. Dubbed the “Abra” update, this latest iteration brings a host of new features and improvements to the user interface. Notable additions include a revamped swap console, a token list similar to CoinMarketCap, a yield monitor, dynamic price change tracking, and a leaderboard for top-performing liquidity provider (LP) pairs. The upgraded platform is currently available for testing in Cauldron’s development preview environment: https://dangerzone.cauldron.quest/tokens
BITCOIN CASH PODCAST EPSIODE #131 FEATURING MARCELO
A recent episode of The Bitcoin Cash Podcast featured Marcelo, a well-known figure in the BCH community, discussing various topics related to BCH and its ecosystem. Marcelo shared his insights about the Argentina BCH Conference, which aimed to promote BCH adoption and showcase its potential as a peer-to-peer electronic cash system. He also expressed support for Javier Milei’s libertarian policies in Argentina, highlighting the importance of strong leadership in driving reform. Additionally, Marcelo praised the Journal of Global Surgery project, which uses BCH to make medical research more accessible and affordable. In contrast, he was skeptical of Mark Zuckerberg’s recent statements on libertarianism, emphasizing the need for concrete actions to back up words. Finally, Marcelo stressed the importance of perfecting existing BCH apps and services, and recognizing the contributions of individuals who have promoted BCH and its ecosystem.
THE MARKET THIS WEEK
PRICE STATS: ORACLES.CASH
ENERGY STATS: GREENBITCOIN.ENERGY
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