BitcoinCash Weekly News December 9th 2024 by the BCHF

By Bitcoin Cash Foundation | Bitcoin-Cash | 9 Dec 2024

BCH JUST GOT A WHOLE LOT STEADIER: STABLECOIN $MUSD GOES LIVE

Riften Lab’s Moria Protocol’s BCH-backed stablecoin, MUSD, has officially launched, bringing a new level of stability and decentralized borrowing services to the Bitcoin Cash ecosystem. As the first stablecoin on Cashtokens, MUSD is open-source, over-collateralized, censorship-resistant, and 100% proof-of-reserves transparent. Users can now mint MUSD on Moria’s platform, swap it with BCH on CauldronSwap, and even earn a 20.58% APY through Cauldron LP. With MUSD, BCH users can access a stable, asset-backed digital token, enabling new possibilities for decentralized finance on the Bitcoin Cash network.

ELECTRON CASH 4.4.2: THE WALLET THAT KEEPS ON IMPROVING

Electron Cash has released its latest update, version 4.4.2, which brings a host of small but significant improvements to the popular Bitcoin Cash power user wallet. The new release includes fixes for various bugs, updates to the user interface, and expanded features such as support for 15, 18, and 24-word seed phrases for added security. Additionally, the update includes enhancements to CashFusion, CashTokens, and RPA, as well as updated deterministic build requirements and new currency options.

BCH.GAMES ADDS LEADERBOARD WITH $6000 MONTHLY PRIZES

BCH.games has launched a new feature that’s putting the pedal to the metal. The online gaming platform now offers daily, weekly, and monthly racing tournaments where players can compete for cash prizes. By simply making bets on the site, users can climb the leaderboard and potentially claim up to $6,000 in prizes every month. With no barriers to entry, anyone can join in on the action and test their skills against other players. The new feature aims to bring an extra layer of excitement and competition to the BCH.games experience.

FIENDISH & FRIENDS #4 FEATURES EXPERT INSIGHTS FROM CALIN AND KALLISTI

Bitcoin Cash developers Calin Culianu and Kallisti shared their insights on the upcoming May 2025 upgrade, user experience, and their outlook for BCH in a recent episode of Fiendish & Friends podcast. The upgrade will enhance BCH smart contracts, enabling new use cases, including optional privacy features, with Culianu noting it will allow for more sophisticated contracts and Kallisti expressing excitement about on-chain privacy. Both developers expressed optimism about BCH’s future, citing its scalability, smart contract capabilities, and increasing adoption.

NANOGPT TURBOCHARGES WITH SYSTEM PROMPTS AND NEW MODELS

NanoGPT has unveiled a slew of updates to its platform, including the ability to add system prompts, new models, and expanded payment options. Users can now add system prompts to most models. The platform has also introduced new models, such as Alibaba’s Qwen QwQ 32b and Google’s LearnLM, which focuses on helping users learn new skills. Additionally, NanoGPT has added support for Binance Pay, Coinbase Wallet, with Bitcoin Cash making up 6.1% of the volume and 3.0% of the transaction count. Other notable updates include a dark/light mode switch, chat export options, and UX improvements. The platform is also working on a file upload feature, which is currently in testing.

JEREMY’S BCH BRIEF: PODCASTS, BLISS, AND SELENE MAKE WAVES IN NOVEMBER

The Bitcoin Cash community has been buzzing with activity, and Jeremy, the founder of the Bitcoin Cash Podcast, has shared a monthly update on the latest developments of things that he has been working including the podcast episodes, BLISS 2025 has been announced (a three-day event planned for May in Ljubljana), Selene wallet and more. The wallet is set to integrate CashTokens in December and is targeting 1,000 daily active users by the end of Q1 2025.