BCH

Bitcoin.com Adorns it’s Crypto-Friendly Casino with New Games from NetEnt

13/09/2021 by Idelto Editor

Hot new games from two of the top providers added to Bitcoin.com’s very own crypto casino!

Anticipation has been running high among players at Bitcoin.com Games for their favorite games from the leading software provider, NetEnt. Coming off of the recent addition of a range of live casino games from Evolution Gaming and iSoftBet, the popular casino is now bringing some of the most entertaining titles from this iGaming developer that players have come to cherish over the years.

With in-demand slots like Dead or Alive 2 Feature Buy, Ghost Pirates and Narcos, as well as the space arcade styled slot Starburst and beautifully designed Gonzo’s quest, the newly added range of games from NetEnt promise a long and enjoyable gaming session enriched with bountiful of chances to win Bitcoin. Hundreds of paylines and thousands of multipliers await for players to spin the reels and open possibilities to take home a fortune.

Bitcoin.com Games is also home to their very own exclusive games that are only available for play on the turf of this homegrown casino from Bitcoin.com. From the most played slot game The Angry Banker, to the jackpot loaded Exclusive Slots, players can enjoy classic casino games in their ultimate forms on the most trustworthy crypto casino on the planet!

Bitcoin.com Games members can look forward to a highly premium gaming experience along with receiving curated VIP offers that carry generous rewards for all levels of players. An excellent 24/7 support staff also ensures a smooth and entertaining casino session.

Check out these newly added games from NetEnt now on Bitcoin.com Games!

Croatian E-bike Company Greyp Bikes Integrates Cryptocurrency Payments

12/09/2021 by Idelto Editor

Greyp Bikes, a company founded by Croatian innovator and entrepreneur Mate Rimac, has integrated crypto payments into its online billing system. All of its high-tech cycling products can now be purchased using nine different coins thanks to a partnership with payment processor Paycek.

Greyp Bikes Accepts Cryptocurrencies for Its Electric Bicycles

Croatia’s Greyp Bikes, which is aiming to rank among technological leaders in the cycling world, has taken another innovative step. The company has introduced support for payments with nine major cryptocurrencies – BTC, ETH, BCH, XLM, XRP, DAI, EOS, USDT, and USDC – through a cooperation with Paycek, the country’s leading crypto payment processor. It recently announced:

Greyp News Everybody! Cryptocurrencies can now be used to purchase Greyp bikes directly.

“Greyp has always been at the forefront of technology in the biking world, so this was the next logical step to take in the further development of the brand,” the Sveta Nedelja-based manufacturer of high-performance e-bikes added.

The company also noted that while customers had been able to buy its bikes with cryptocurrency even before the partnership with Paycek, crypto payments have now been streamlined and completely integrated into the online checkout process at its website, Greyp.com.

Paycek is a platform developed by Croatian fintech startup Electrocoin. The payment processor has already helped other local companies to start accepting cryptocurrencies. Over 45 Tifon gas stations across Croatia introduced crypto payments through Paycek earlier this year while Electrocoin enabled Croatian Post to offer a crypto exchange service at its post offices two years ago.

“The move should come as no surprise to anyone who monitors what Livno-born entrepreneur Mate Rimac does when it comes to both his cars and his bikes,” the Total Croatia news portal commented in its report on Greyp’s decision to integrate cryptocurrency payments.

The Croatian entrepreneur launched Greyp Bikes in 2013 as a sister company of Rimac Automobili, a manufacturer of electric sports cars which he founded in 2009. The car company is now partially owned by VW Group’s Porsche and Hyundai. In July, Porsche and Rimac announced the establishment of a joint venture that will incorporate Volkswagen’s high-performance brand Bugatti.

Greyp’s integration of cryptocurrencies is not the only such example in the cycling industry. U.K.-based company Toba Electric Bikes, which retails e-bikes manufactured by the Spanish brand BH, introduced support for BTC and BCH payments, and in 2019, released its own utility token in collaboration with SLP-centric trading platform Cryptophyl.

Do you think we are going to see more partnerships like these in the cycling industry? Share your expectations in the comments section below.

Meet the First BCH Dex Built on Smartbch — Benswap.cash Presents High-Yield Liquidity Pools, Noncustodial Swaps

08/09/2021 by Idelto Editor

Decentralized finance (defi) has set a trend during the latter half of 2020 and into this year, as statistics show $168 billion is locked in defi across various blockchains. The Bitcoin Cash network now has the Smartbch protocol and in recent times, a decentralized exchange (dex) platform has joined the defi fray. The newly launched Smartbch dex platform benswap.cash gives users the ability to earn via liquidity pools, and swap tokens in a noncustodial fashion.

Bitcoin Cash Supporters Flock to Benswap.cash for 1,000% APY and Decentralized Trading

Five months ago, the BCH community anticipated the benefits of a project that combines the forces of Bitcoin Cash (BCH) with the Ethereum (ETH) network. The project is called Smartbch, a smart chain that maximizes the throughput of EVM and Web3 on a sidechain of Bitcoin Cash.

Smartbch has matured quite a bit since Bitcoin.com News reported on the project successfully launching three nodes. Now BCH community members have been leveraging a dex trading platform called benswap.cash, a clone of the dex benswap.finance.

Basically, the ability to earn yields and swap tokens in a noncustodial manner is now possible using bitcoin cash (BCH), the Smartbch sidechain, the SEP20 token protocol, and benswap.cash. The dex benswap.cash operates similarly to swapping platforms like Uniswap, Pancakeswap, and Sushiswap. In order to leverage benswap.cash you will need a wallet like Metamask to interact with the Smartbch network and connect with benswap.cash.

A Comprehensive Guide for Smartbch Newbies, Leveraging the Coinflex Bridge and the ‘Green Ben’ Token

In order to get started, there are a few prerequisites, which are explained in comprehensive detail in a guide posted to the blogging site read.cash. The Smartbch for newbies walkthrough written by “Moregainstrategies” shows the reader how to configure Metamask to work with the Smartbch network.

Furthermore, the blog post explains that for the time being, the only bridge to access sBCH is via the trading platform Coinflex. Because sBCH is required, anyone looking to test the network’s capabilities must swap bitcoin cash (BCH) for sBCH. The only cost a person will pay when swapping BCH over to the SEP20 token sBCH will be BCH network fees.

Coinflex only requires an email address to register, however, a person can also simply use Metamask and avoid registration. After the account is registered or tethered to a Metamask wallet, the user needs to deposit bitcoin cash (BCH) into the Coinflex wallet. After the funds have been confirmed, the user can withdraw but instead, they need to withdraw sBCH using the SEP20 standard.

The Metamask wallet address is the address needed to send the sBCH to, and after a small wait, the sBCH should arrive in the wallet. From here, benswap.cash can be used to either swap Smartbch tokens or join a yield farm in order to gather passive income from their liquidity tokens. For instance, on the benswap.cash platform there is a section where swaps can happen for Smartbch tokens like “$cats,” “arg,” “green ben,” “honk,” and more. The token green ben (EBEN) is the native token for benswap.cash and is also leveraged for governance decisions.

At the time of writing, a single green ben (EBEN) is trading for $2.4826019 per EBEN and there is a circulating supply of 5,723,529 EBEN today. The price per EBEN and the number of tokens in circulation give the coin a market cap of around $14.2 million. In addition to being able to swap tokens in a noncustodial fashion, users can stake LP tokens to earn EBEN via liquidity pools.

Current Smartcash Farms Show Yields Between 200% and 1,000%+ APY

The current annualized percentage yields (APY) for benswap.cash liquidity pools are quite high. For instance, the EBEN-BCH liquidity pool at the time of writing gives a user 1,070% paid in EBEN, minus fees. There’s also the $CATS-BCH and $CATS-EBEN liquidity pools which have current APYs between 210% and 290%. It should be noted that APYs hosted on benswap.cash can fluctuate like the myriad other dex applications that offer liquidity pools.

It should also be noted that benswap.cash is a clone of the BSC dex benswap.finance, which is in the midst of being audited by Certik Security. This means the audit is not yet complete; all dex applications come with risks, and users should leverage due diligence and make sure their wallet’s network settings and token contracts are not malicious or falsified. Audited or not, traders should never invest more than they are willing to lose on any dex application.

Bitcoin cash fans have been discussing the benswap.cash dex regularly on the forum r/btc and on Twitter. The r/btc Reddit forum has a number of posts that discuss how benswap.cash works and that it’s the first dex to build on top of the Bitcoin Cash (BCH) network.

What do you think about the Smartbch project and the benswap.cash dex? Let us know what you think about this subject in the comments section below.

From $250 Billion to $2.35 Trillion: A Look at the Top Ten Crypto Market Cap Shifts Over 2 Years

03/09/2021 by Idelto Editor

From $250 Billion to $2.35 Trillion: A Look at the Top Ten Crypto Crypto Market Cap Shifts Over 2 Years

While the crypto economy is worth more than $2.35 trillion, there’s a variety of new cryptocurrencies that have claimed top ten positions, in terms of market capitalization, in recent times. Two years ago, the top ten crypto assets by market cap looked a lot different than today, and things have also changed a great deal in the past 12 months.

The Top Ten Crypto Assets in August 2019

Since the crypto asset’s inception, bitcoin (BTC) has held the largest market valuation out of all the coins in existence and no other digital currency has ever taken the top position. We know the crypto economy is valued at more than $2.3 trillion, and out of the 10,000+ cryptocurrencies, dominance levels are changing. Top ten shifts are happening, and the top ten crypto-asset positions in terms of valuation have changed a great deal last year and the year before.

At the end of August 2019, bitcoin (BTC) held the top position but only had a market valuation of around $181 billion. Today, BTC has an overall market valuation of $929 billion or 413% more than it was in August 2019. That same summer, ethereum (ETH) was the second-largest crypto asset by market cap with just over $20 billion. Today, ETH has an overall valuation of around $443 billion which is a whopping 2,115% increase in two years.

Cryptocurrency market capitalization in August 2019.

In August 2019, XRP held the third-largest crypto valuation with an $11 billion market cap. The market cap has increased by 427% but XRP now holds the sixth-largest position in terms of valuation among the top ten. Bitcoin cash (BCH) was the fourth largest crypto cap in the late summer of 2019 with an overall valuation of $5 billion. Today it is $12.4 billion which is an increase of 148%, but BCH is now in the 15th position in terms of market valuation. Litecoin (LTC) held the fifth biggest market with $4 billion two years ago, but today, LTC is in the 16th position.

Cryptocurrency market capitalization on September 3, 2021. These prices were recorded at 8:30 a.m. (EST) on Friday morning.

Binance coin (BNB) managed to move up from the sixth position that year, as it now holds the fourth largest crypto market valuation today. Tether (USDT) moved up from two years ago when it was in the seventh position and today, USDT is the fifth position. Tether is still the most valuable stablecoin and has been for the last two years in a row. EOS was in the eighth position back in 2019 and today, EOS has slid all the way down to the 35th top position in terms of market cap.

Bitcoinsv (BSV) was in ninth place in 2019 and stellar (XLM) held the tenth position in August the same year. BSV has plummeted to the 52nd position in terms of market cap and XLM is now the 22nd largest crypto asset. BSV had a $2.3 billion market cap back then and it has improved a bit (34.78%) to today’s $3.1 billion. Stellar had a $1.4 billion market valuation while today it is $8.5 billion, gaining 507%.

The Top Ten Crypto Assets in August 2020

In August 2020, things were also different. While BTC and ETH held the first and the second position, XRP was really close to being overtaken by tether (USDT) that year. XRP held the third position with a $12 billion market cap and USDT was around $10 billion in August 2020. At that time, BCH, BSV, LTC, and BNB remained top ten contenders. Meanwhile, Chainlink (LINK) held the fifth-largest market cap with a $5.7 billion valuation. LINK is now the 12th largest coin market cap today with $13.5 billion.

Cryptocurrency market capitalization in August 2020.

Crypto.com (CRO) was in the ninth position in August 2020 with a $3.5 billion market cap and CRO is sitting in the 43rd position today with $4.1 billion. It is interesting to note that all the top ten coins in 2021 have market caps of over $20 billion. While in August 2020, only five coins had market caps over $10 billion, and in 2019 only three coins were over $10 billion. CRO and BSV have seen very little increases in market valuation in two years, while other markets have seen much larger gains.

Moreover, coins like dogecoin (DOGE), solana (SOL), cardano (ADA), polkadot (DOT), and usd coin (USDC) are all newcomers as far as the top ten cryptos are concerned. Solana (SOL) is up more than 19% in 24 hours and recently flipped dogecoin (DOGE) in terms of market cap.

What do you think about the changes in the top ten cryptos during the last two years? Let us know what you think about this subject in the comments section below.

Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria

12/08/2021 by Idelto Editor

Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors.

Leonteq Provides German and Austrian Investors With Exposure to Major Cryptocurrencies

Leonteq is presenting an extensive range of products to investors in Germany and Austria after a successful expansion in its home market, Switzerland. It offers exposure to a total of 18 crypto assets, including bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), and litecoin (LTC), which can be traded in securitized format in the three countries, the fintech announced Thursday.

Tracker certificates on these crypto assets are now available for investors as listed products on Börse Frankfurt Zertifikate AG (Open Market), Leonteq detailed in a press release. The company also revealed it’s collaborating with ICF Bank AG, Frankfurt, a leading securities trading bank in Germany, for the structuring and distribution of structured products on crypto assets.

Sasch Rinno, a member of the bank’s Management Board, pointed out that Leonteq is an established issuer of structured certificates and crypto assets. “We are pleased to be working with them,” he stated and emphasized:

Through this cooperation with Leonteq, we are meeting the interest of both institutional investors as well as private investors in crypto assets.

Tino Wendisch, head of crypto offering at Leonteq, noted that the fintech firm is now covering around 76% of the total market capitalization of the emerging asset class in the German and Austrian markets. Björn Geidel, who heads sales in the two countries, added that Leonteq and ICF Bank have been working together for many years in the area of market making of structured products.

The Swiss fintech has been a pioneer in offering structured products on crypto assets. The company has been issuing tracker certificates and actively managed certificates on the leading cryptocurrencies in Switzerland since 2017. In the same year, Leonteq also offered its clients a short tracker certificate and in 2019, a reverse convertible on BTC.

ICF Bank provides institutional clients with professional services related to securities trading and capital markets. Its business is also focused on market making, execution sales, and sales trading for both domestic and international clients as well as the development and calculation of customized indices.

What do you think about Leonteq’s expansion in Germany and Austria? Let us know in the comments section below.