Swiss fintech firm Leonteq has introduced its digital asset products in Germany and Austria, launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors. It offers exposure to a total of 18 crypto assets, including BCH, ETH, BTC, and LTC, which can be traded in securitized format.
Bitcoin Cash Research has released its Monthly Progress Report for July 2021, which contains BCH activity highlights, funding, personnel, statistics, and more. The goal of Bitcoin Cash Research is to provide a forum for discussion that promotes fairness and equity, one that rewards respect, soundness, and sharing. The full version of the report is accessible at bitcoincashresearch.org.
With the help from the BCH community, smartBCH's developers have proposed a cross-chain mechanism named SHA-Gate which transfers BCH between the Bitcoin Cash main chain and a sidechain. It is decentralized, non-custodian, miner-supervised, and fully implemented with Bitcoin Cash's script bytecode. The developers are now busy studying the feasibility and safety of SHA-Gate, with coding and implementation to follow soon.
CryptoCanal will hold a "Crypto Drinks" event on August 25 in Amsterdam, Netherlands and participants will have the chance to win a limited edition of 25 commemorative NFT for the meetup.
Venmo has launched a credit card feature that allows users to convert their cash-back rewards into cryptocurrencies, including BCH, BTC, ETH, and LTC. The development is part of the broader crypto strategy of Venmo parent PayPal. The financial report shows that Venmo's total payment volume in the second quarter as of June 30 was about $58 billion.
BCH.games tweeted that it is focusing 100% on performance optimization, especially for mobile. Later, BCH.games will be implementing a new homepage with the most requested chat and BCH tips, also known as BCH.games 2.0.
DBS Bank’s brokerage arm, DBS Vickers (DBSV), has received in-principle approval from the Monetary Authority of Singapore (MAS) to provide digital payment token services as a payment institution. Once licensed, the firm will be able to directly support asset managers and companies trading in digital payment tokens through DBS Bank’s cryptocurrency-enabled exchange, DBS Digital Exchange (DDEx). DBS also disclosed that DDEx will begin operating 24/7 starting today, allowing investors to trade on the platform at any time. Launched in late 2020, DDEx supports trading of major cryptocurrencies such as Bitcoin (BTC), Ether (ETH), XRP, and Bitcoin Cash (BCH), targeting only institutional investors.
