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BCH Weekly News #46 (Sep 20th, 2021)

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  • AMC Entertainment, the world’s largest movie theater chain, has unveiled its plan to accept cryptocurrencies by the end of the year. AMC CEO Adam Aron confirmed on twitter that when they do so, they also expect that they similarly will accept BCH, ETH and LTC.

  • Interactive Brokers (IBKR), one of the largest online trading brokerages with more than 360 billion dollars in assets under custody, is launching crypto access for their US customers in partnership with Paxos. Paxos Crypto Brokerage is the API solution that enables IBKR customers to buy, sell and hold Bitcoin Cash, Ethereum, Bitcoin and Litecoin.

  • The flexUSD stablecoin is now available on smartBCH, the EVM & Web3 compatible sidechain for Bitcoin Cash. Deposits and withdrawals of SEP20 flexUSD are now open on CoinFLEX exchange. FlexUSD is an interest bearing stablecoin that is lent on CoinFLEX’s repo markets and pay interest on the blockchain every 8 hours.

  • General Protocols posted that AnyHedge 2.0 is coming soon. AnyHedge 1.0 was releasd at the end of 2020, and by now, it has settled 7,456 contracts, handled 23,162 BCH with zero BCH lost, and published 500,000 price messages. Version 2.0 will make the user experience better with several upgrades.

  • PayPal UK announced on twitter that all eligible customers in the UK can now buy, hold and sell BCH, ETH, BTC and LTC from their PayPal accounts.

  • GoCrypto announced the integration of Binance Pay into the GoCrypto system, enabling tens of millions of Binance app users to spend crypto at GoCrypto locations around the world. GoCrypto is a payment solution by Eligma that enables merchants to accept cryptocurrencies. Currently available in 64 countries, GoCrypto enables shoppers to pay with different cryptocurrencies: BCH, ETH, BTC, LTC, XTZ, VIB and GoC.

  • Cashbridge, a cross-chain bridge developed by the KoingFu team, is open for testing. Cashbridge will be used to transfer crypto assets from SmartBCH to Ethereum and viceversa. The test is now being conducted on the smartBCH Testnet and the Kovan testnet.

  • BenSwap, the first decentralized exchange (DEX) on smartBCH, has passed the code audit by CertiK, a leading blockchain auditing firm. By now, the total value locked (TVL) on BenSwap has risen to $35.1 million.

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