TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. McDonald’s to test Chinese yuan. Binance launches Bundle social payments app. Coinbase launches price oracle for DeFi applications. General Bytes add two-way support for SLP tokens. First P2P exchange launched in Cuba, and PoolTogether reveals pods feature.

McDonald’s to Test Chinese Digital Currency

McDonald’s, the worldwide famous fast-food franchise, would be among a group of companies that will test functionality of the digital yuan, called DCEP. McDonald’s and Starbucks, among other franchises, would be included in the test run of the digital asset in several stores in Xiong’an, as part of their smart city program. Xiong’an is still a city in heavy development, so it is rumored that Zhonghai SPV, a contractor in charge of construction, would be be the first to use the currency for payments and internal transactions.

Binance Launches Social Payments App Bundle

Binance has launched Bundle, a social payments app directed to the African market. Bundle features crypto and cash payments. The app will permit users to buy, store, and transact cryptocurrencies and to make payments with cash to other users in the Bundle network. It will support the Nigerian Naira, BTC, ethereum, and Binance token at its release, with more currencies being added later. “We built Bundle with the digitally native African user in mind,” declared founder Yele Bademosi.

Coinbase Launches Public Price Oracle Service

Coinbase has launched its own trusted oracle service which will be able to offer trusted prices to all DeFi protocols. Pricing is one of the pain points in the DeFi ecosystem, exposing various protocols to attacks. Coinbase’s Price Oracle aims to solve these attack vectors by publishing signed prices coming from its Coinbase Pro trading platform directly on-chain. Compound CEO Robert Leshner stated “Coinbase Oracle will increase the security and decentralization of Compound’s price feed, which is mission-critical” for their apps.

General Bytes Adds Two-Way Support for SLP Tokens

General Bytes, a notorious cryptocurrency ATM company, just added two-way support for operations with SLP tokens. Now users will be able to buy and sell SLP tokens using General Bytes’ ATMs, making them an interesting option for holders to change their tokens for cash. General Bytes marketing manager Martijn Wismeijer declared, “SLP tokens are very easy to implement whilst Ethereum is notoriously hard to get right from a developer viewpoint,” explaining why SLP token had Sell options activated compared to ERC20 tokens.

First P2P Exchange Launched in Cuba

An Italian-Cuban investor launched the first Bitcoin P2P exchange in Cuba, called Qbita. Designed for Cuban citizens who have been blocked by other exchanging platforms, Qbita aims to be an easy and safe way to trade bitcoin in the heavily sanctioned country. Mario Mazzola, creator of the exchange, stated, “Paxful is actively blocking Cuba and LocalBitcoins is asking you for KYC,” so he was interested in offering a working alternative. “I have always been convinced that here, in Cuba, Bitcoin is a real necessity,” he concluded.

PoolTogether Launches Pods

1/ Introducing Pods – a new way to win more prizes while saving. 🏆 Pods allow PoolTogether players to link their tickets together. If any ticket in the pod wins, the prize is split proportionally. Now you can win a prize for saving money even if you only have a few dollars! pic.twitter.com/PwsV2IaEgq — PoolTogether (@PoolTogether_) April 22, 2020

PoolTogether, the no-lose lottery decentralized finance app, introduced a new feature called pods. Pods allow lottery participants to pool their Dai lottery tickets together in order to have more chances of winning. If the combined pool wins the prize, the funds are divided proportionally. PoolTogether has also shown a great growth during this year, receiving more than two million dollars in investments from Coinbase via the USDC fund and also from a funding round led by three different companies, including ConsenSys.

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DYOR: CoinSpice is your home for just spicy crypto things. We’re not affiliated with any cryptocurrency project or token. Each published piece is intended for information purposes only, not investment advice and not in the hope of impacting speculative markets. There are plenty of trading sites and coin-specific advocacy journals out there, we’re neither. CoinSpice strives for rigorous accuracy in our reporting. Information presented here is contingent usually on a host of factors, and the ecosystem moves fast — prices change, projects change, and at warp speed. Do your own research.