Roundup – 12/02/2019 – EatBCH Celebrates One Year Anniversary & more

EatBCH Celebrates One Year Anniversary

EatBCH, an initiative of two brothers to help starving Venezuelans to get food, celebrates its first anniversary. In their blog post, the two brothers record their growth. One year ago they started with a $5 donation. As of now, they have grown to help Venezuelans with thousands of people. Meanwhile, “the situation inside the country sadly has not improved, but gotten worse.” The project depends entirely on donations and you can find their Bitcoin Cash address in their blog post.

Union Bank of the Philippines launched new ATMs

The Philippines brought up some very exciting news for the cryptocurrency-market, which could also boost their economic importance, especially in the Asian market. The Union Bank of the Philippines launched new ATMs which are also able to exchange cryptocurrencies like Bitcoin for pesos. This hype also caught Chicago, where businesses set up 30 crypto ATMs. The worldwide trend for these ATMs is growing by 5.6 machines each day. Although the big cryptocurrency-hype of recent years is declining, experts speculate that the possibility to exchange fiat currencies into virtual money could boost Bitcoin and many other cryptocurrencies in the future.

Semperlite Now Accepts Cryptocurrency Payments Including Bitcoin Diamond

One of the leading lighting suppliers online, Semperlite, yesterday announced that its clients could now pay for products using cryptocurrencies such as Bitcoin Diamond. The payments will be made possible by an e-commerce project that has been tested and proven to be capable of making this deal a reality, Chimpion.

Read more.

Bithumb Expands to Arabian Peninsula Through Local Partnership

According to Coindesk Korea, Bithumb has signed a Memorandum of Understanding (MoU) with the UAE company Nvelop. Through Nvelop the exchange will try to get a foothold on the Arabian Peninsula and in North Africa. Nvelop’s business consists in funding blockchain startups in Arab countries and will likely facilitate Bithumbs launch in Arabian countries. Coindesk expects the exchange to launch in mid-2019 if the  Financial Services Regulatory Authority approves the exchange in Q1.

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