BitcoinCash Weekly News December 2nd 2024 by the BCHF

By Bitcoin Cash Foundation | Bitcoin-Cash | 2 Dec 2024

BITCOIN CASH NODE RELEASES V28.0.0 AHEAD OF MAY 2025 NETWORK UPGRADE

The Bitcoin Cash Node (BCHN) node team has announced the release of version 28.0.0, which implements the upcoming May 15, 2025 network upgrade. This release includes two consensus change proposals, CHIP-2021–05 VM Limits and CHIP-2024–07 BigInt, which aim to improve the performance and functionality of the Bitcoin Cash network. Additionally, the release includes various enhancements, bug fixes, and performance improvements. BCHN users are advised to update to the new version prior to May 15, 2025, as the previous version will expire on that date. The update is available for download on the BCHN project website and GitHub page. https://github.com/bitcoin-cash-node/bitcoin-cash-node/releases/tag/v28.0.0

CAULDRON SWAP STIRS UP A TELEGRAM GROUP

Cauldron, a decentralized exchange (DEX) protocol on the Bitcoin Cash network, has announced the launch of its official Telegram chat. The chat will provide a community space for users to discuss the platform, ask questions, and receive updates on the latest developments. Cauldron is an open-source, non-custodial automated liquidity protocol that enables users to trade CashTokens and provide liquidity to the platform. With its automated market maker (AMM) model and micro-pool liquidity provisioning system, Cauldron offers a unique and accessible way for users to engage with the Bitcoin Cash ecosystem. The launch of the Telegram chat marks an important step in building a community around the platform and facilitating collaboration and discussion among users. To join visit https://t.me/cauldronDEX

BCH JOINS THE BITWISE 10 CRYPTO INDEX FUND

Bitwise Index Fund, a provider of cryptocurrency index funds, has announced the addition of Bitcoin Cash (BCH) to its Bitwise 10 Crypto Index Fund. The fund, which tracks a market-capitalization-weighted index of 10 cryptocurrencies, now includes BCH alongside other prominent cryptocurrencies. This development reflects the growing recognition of BCH as a significant player in the cryptocurrency market and provides investors with a new opportunity to gain exposure to the asset through a diversified and professionally managed investment vehicle. With a market capitalization of over $10 billion, BCH joins the fund’s portfolio, further expanding the fund’s representation of the cryptocurrency market.

BCH ADDED TO THE MIX ON BASICSWAP DEX

BasicSwap, a decentralized exchange (DEX) that enables cross-chain atomic swaps, has announced support for Bitcoin Cash. This integration allows users to swap BCH with other cryptocurrencies, such as Monero, in a fully non-custodial and decentralized manner. BasicSwap’s platform lists their features as “a decentralized order book, no trading fees, and financial privacy, making it an attractive option for those seeking a secure and reliable trading experience”. With its user-friendly interface and focus on eliminating central points of failure, BasicSwap aims to provide a smoother and more secure trading experience for the cryptocurrency community. The addition of Bitcoin Cash support expands the platform’s offerings and provides more opportunities for users to engage in peer-to-peer trading. As always do your own research before adding funds to a new service.

BCH BULL CHARGES AHEAD WITH $265,000,000 BCH IN VOLUME

BCH Bull, a decentralized and non-custodial leverage trading and hedging platform built on the Bitcoin Cash blockchain, has achieved a significant milestone by surpassing 500,000 BCH ($265,000,000USD) in total volume. The platform, which utilizes the AnyHedge protocol, allows users to speculate with leverage or hedge with Bitcoin Cash against various assets, including metals, fiat currencies, and other cryptocurrencies. By providing permissionless, on-chain contracts with up to 7.77x leverage and no counterparty risk, BCH Bull has established itself as THE pioneering application in the DeFi space on a layer 1 UTXO blockchain.

FULL HOUSE OF BCH LOVE: FIENDISH & FRIENDS EPISODE 3 FEATURES MILAN, CLAUDE AND CHEAPY

The latest episode of Fiendish & Friends, a podcast focused on Bitcoin Cash, featured three special guests: Milan de Reede of NanoGPT, Claude from Basepoker, and Cheapy, founder of the Bitcoin Cash Foundation. Milan discussed his work on NanoGPT, a platform that allows users to access AI models using various cryptocurrencies, including Bitcoin Cash. Claude talked about Basepoker, an online poker platform that uses Bitcoin Cash as its default currency. Cheapy discussed his work with the Bitcoin Cash Foundation and his current fundraiser on fundme.cash. The Bitcoin Cash community is encouraged to donate to the campaign, which can be found at fundme.cash/campaign/17.