Bitcoin Cash Weekly News: July 15, 2024

Innerly Team Blockchain 4 min
Discover the latest updates in the Bitcoin Cash ecosystem, including a crucial security update, Paytaca Wallet's successful launch, BCH Guru's new features, and more in this week's Bitcoin Cash news.

Bitcoin Cash Node has released a crucial security update, version 27.1.0, addressing significant vulnerabilities and enhancing reliability. This update, available on the BCHN site, is essential for all node operators to ensure the security and efficiency of their operations. Meanwhile, Paytaca Wallet made headlines in Sunstar Philippines News with its successful launch event in Cebu City, marking a significant milestone in expanding its marketplace and network of partner merchants. Additionally, BCH Guru is set to exit its beta phase with the launch of BCH Play, allowing users to stake Bitcoin Cash in price predictions. Stay tuned as we delve into these stories and more in this week’s Bitcoin Cash news.

Bitcoin Cash Node Version 27.1.0: A Must-Upgrade for All Node Operators

Bitcoin Cash Node has released a security update, version 27.1.0, which includes significant bug fixes and reliability enhancements. This update addresses recently announced security vulnerabilities by Bitcoin Core, all of which are patched in BCHN 27.1.0. The most severe of these vulnerabilities could lead to a denial of service, though not a loss of funds. Therefore, the Bitcoin Cash Node team strongly recommends all users upgrade from any previous version to 27.1.0 as soon as possible to maintain optimal security and performance.

Paytaca Wallet’s Successful Launch in Cebu City

Paytaca made headlines in Sunstar Philippines News with the successful launch event for its Bitcoin Cash wallet app in Cebu City on July 7, 2024. CEO Dr. Joemar Taganna sees this as a stepping stone towards expanding their marketplace and network of partner merchants in Cebu. The company aims to leverage the benefits of Bitcoin Cash to offer competitive pricing and reduced payment processing costs in their online marketplace. The launch event was marked by expressions of gratitude and excitement from the Paytaca team and a positive response from the Cebuano crowd. The company is now looking forward to further expansion in Metro Manila and internationally.

BCH Guru Exits Beta with BCH Play

BCH Guru, a unique peer-to-peer BCH price prediction platform, is set to exit its beta phase on August 1st with the launch of BCH Play. This new feature will allow users to stake Bitcoin Cash in creating price predictions. In addition, BCH Guru has announced a snapshot for the final FURU airdrop on August 2nd. Users are encouraged to maximize their Guru NFTs to qualify for this event. To mark the occasion, they have also released another song to celebrate this milestone.

General Protocols Announces Sponsorships for Q3 2024

In Q3 2024, General Protocols continues to offer support for several ongoing projects within the Bitcoin Cash community by sponsoring certain projects and people. Notable projects receiving their backing include Electron Cash, Libauth, BCHN, CashScript, cculianu/Fulcrum, BCA (Bitcoincashautist), The Bitcoin Cash Podcast, The BCH Foundation, and CashConnect. The BCHF is honored to be included in this list, highlighting the collaborative spirit and ongoing development within the Bitcoin Cash ecosystem.

Mt. Gox Coins Finally Start to Be Distributed

After 10 long years, the crypto OGs who were “GOXXED” will finally get closure. Mt. Gox, the once-dominant Bitcoin exchange, has commenced the distribution of Bitcoin Cash, BTC, and fiat. The process involves the allocation of approximately 140,000 Bitcoin Cash to the affected parties. This move marks a crucial, almost final step in the ongoing resolution efforts following the exchange’s infamous disastrous collapse. Stakeholders and industry observers alike are closely monitoring the situation, as the distribution could potentially impact the broader cryptocurrency market dynamics.

The Market This Week

Price Stats

  • Oracles.Cash: Stay updated with the latest price statistics and market trends.

Energy Stats

  • GreenBitcoin.energy: Monitor the energy consumption and sustainability metrics of Bitcoin Cash mining operations.

Summary

This week’s Bitcoin Cash news highlights significant developments, from crucial security updates to exciting new features and community support initiatives. The Bitcoin Cash ecosystem continues to grow and evolve, driven by innovation and collaboration. Stay tuned for more updates and keep your Bitcoin Cash operations secure and efficient by staying informed and engaged with the latest news and developments.

The author does not own or have any interest in the securities discussed in the article.