In this version of The Daily we function the first yearly anniversary of Bitcoin Cash (BCH) charity Eatbch, a transfer by American lighting wholesaler H&M Distributors to simply accept cryptocurrency funds, and an replace about self-importance URLs from Atomicpay.

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Eatbch Charity Marks First Anniversary

The bitcoin cash-powered nonprofit group Eatbch has now marked its first anniversary. The younger charity group already has operations in each Venezuela and South Sudan, the place it’s using BCH donations to feed individuals in want.

José from Eatbch shared on Honest.Cash, “Exactly one year ago, my brother Gabriel and I created this initiative/project to help Venezuelans in dire need and it has been quite a ride! We started with just a 5$ donation thanks to silver-blood and we used that first donation to give 40 arepas in just one location. After a few months, we were giving thousands of meals each week in 23 locations in 6 states of the country! I know it’s cliché to say it, but I really wasn’t expecting this project to grow as it did. Not only because the amazing support we have received from the BCH community, but because the situation in the country; a situation that has been overwhelming for all of us.”

In the Daily: BCH Charity Anniversary, Lighting Wholesaler Takes Crypto, Atomicpay Vanity URLs
Empty grocery store cabinets in Caracas. Due to the financial disaster and hyperinflation in Venezuela there’s a massive scarcity of meals and drugs

The charity’s founder additionally added that “Sadly, the price crash has affected our funds and we only have enough to help for a couple weeks. It is in this special occasion, that I ask you to please consider donating to help all who have been suffering from bad economic policies and to show that cryptocurrencies are a superior form of money.”

H&M Distributors to Accept Cryptocurrency Payments

H&M Distributors, Inc., a U.S.-based wholesaler of lighting provides, introduced that it has determined to simply accept funds from its enterprise shoppers utilizing cryptocurrency. This might be finished by a brand new partnership with crypto e-commerce platform Chimpion, which helps funds with bitcoin money (BCH), bitcoin diamond (BCD), bitcoin core (BTC), sprint (DASH), ethereum (ETH), litecoin (LTC), zcoin (XZC), and extra. The transfer is supposed to permit retailers from round the world to buy merchandise from the American wholesaler with sooner transactions, decreased transaction charges and no forex conversion charges in comparison with conventional fiat fee strategies.

In the Daily: BCH Charity Anniversary, Lighting Wholesaler Takes Crypto, Atomicpay Vanity URLs

“After more than 20 years in the business, we consider ourselves experts in specialty lighting,” mentioned H&M Distributors CEO Herb Needham. “Accepting cryptocurrency payments allows us to share that expertise with even more clients by removing many of the barriers that made it difficult to sell internationally before. What sold us was the settlement system, which allows us to convert crypto payments to a USD equivalent right away.”

New Vanity URL Service by Atomicpay

Atomicpay, a Thai-registered funds startup, has introduced that its Pay URL self-importance URL service might be modified from atomicpay.io/u/username to the shorter and extra memorable format of atomicpay.me/username. The self-importance URL service is supposed to permit finish customers to rapidly discover tips on how to pay with cryptocurrencies and permits retailers to request funds through textual content message, messaging app, social media, e-mail and even printed enterprise playing cards.

In the Daily: BCH Charity Anniversary, Lighting Wholesaler Takes Crypto, Atomicpay Vanity URLs

As we beforehand detailed, Atomicpay is a platform based mostly on QR code funds constructed for retailers that need to receives a commission instantly from shoppers with out the involvement of any third-party processor. The firm reported in January that greater than 1,700 retailers from completely different components of the world together with Thailand, Venezuela, Turkey and Colombia have been onboarded to the non-custodial platform. The system helps BCH, BTC, LTC and different common cryptocurrencies in addition to 156 fiat currencies.

What do you concentrate on at present’s information tidbits? Share your ideas in the feedback part under.


Images courtesy of Shutterstock.


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Avi Mizrahi

Avi Mizrahi is an economist and entrepreneur who has been protecting Bitcoin as a journalist since 2013. He has spoken about the promise of cryptocurrency and blockchain expertise at quite a few monetary conferences round the world, from London to Hong-Kong.

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