#anyhedge

BCH Defi Project Detoken to Close Its Doors Over Regulatory Climate Toward Crypto Derivatives

On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing regulatory outlook on cryptocurrency derivatives.” Defi Project Detoken to Shut Down Operations on September 4 In…

Bitcoin Script and Onchain Contracts: Two High-Level Programming Languages for Bitcoin Cash

Last May, the software developer and creator of revoke.cash, Rosco Kalis, released Cashscript version 0.4 that included a number of optimizations. Cashscript’s new website highlights the high-level language that “offers a strong abstraction layer over Bitcoin Cash’ native virtual machine, Bitcoin Script.” Additionally, the developer Tendo Pein recently announced the “high-level smart contracts…

Bitcoin Cash DeFi Startup General Protocols Raises $1M In Seed Round

The General Protocols startup is developing its DeFi vision on Bitcoin Cash after raising more than $1 million in a seed funding round. The funding will allow the Singapore-based General Protocols team to develop their flagship product AnyHedge on Bitcoin Cash.

Anyhedgeis an open source derivatives tool that exchanges and OTC desks can embed allowing them to create new markets with smart…