Volt Inu ($VOLT) recorded a new market pump as the team made several new announcements regarding its ecosystem development. As a result, the token has seen a surge in activity on exchanges, reaching the top trends on Twitter and many of the 100+ exchanges they are listed on. The team's latest announcements add a new dimension to the VOLT ecosystem with developments like Voltiflex and rumors about an upcoming burn worth $10,000,000+ at least. The market reacted positively to the…
Strike
Strike Close $80 Million Funding Round to Further Expand Bitcoin Payments
Strike – a Bitcoin payments company and digital wallet provider – has closed an $80 million funding round led by Ten31. The funds will bolster the company’s efforts to “revolutionize payments” for the payment industry’s biggest players. According to a press release, both Washington University in St. Louis and the University of Wyoming also partook in the raise. The funding leader, Ten31, is a Bitcoin and lightning infrastructure provider that’s invested in numerous other Bitcoin native companies like Blockware, Swan,…
4 months ago 1.1 k views
Strike Announces ‘Visa Card’ Feature Letting Users Pay Anywhere With Bitcoin
The Bitcoin payments company Strike has partnered with Visa to integrate a ‘Visa card’ into its wallet app. This will allow Strike users to pay for goods and services in Bitcoin with any Visa-accepting merchant. In a tweet on Thursday, Strike revealed its new Visa card, which it called the “Strike Card.” “You can now take Strike anywhere and earn rewards on everyday spending,” explained the company. The card rewards users with incentives for every purchase and charges no added…
6 months ago 5.7 k views
Ripple and Strike Founders Share Opposing Views on Proof of Work
Both Ripple co-founder Chris Larsen and Strike CEO Jack Mallers spoke extensively about proof of work (POW) at Bloomberg’s Crypto Summit on Tuesday. While the former believes the consensus mechanism is an existential threat to the planet, the latter sees no way that Bitcoin could function without it. Larsen: POW Has Poor Incentives During his interview, Larsen described Bitcoin mining as a “problem” responsible for contributing to the worldwide climate crisis. Rather than castigating miners themselves, he blames Bitcoin’s programming…
7 months ago 724 views
Strike Partners With NCR, Shopify, Blackhawk for Nationwide Lightning Network Payments
Strike – a Bitcoin payments company and custodial wallet – has announced multiple partnerships to rapidly expand Bitcoin lightning network adoption. Together with NCR, Shopify, and Blackhawk, the company will enable massive retailers to accept Bitcoin payments. The Open and Global Monetary Standard Speaking at the Bitcoin 2022 Conference in Miami on Thursday, Strike CEO Jack Mallers was welcomed with roaring applause. The entrepreneur expected big things, after announcing Bitcoin as legal tender in El Salvador at last year’s event.…
10 months ago 2.2 k views
Is Apple Pay Planning to Integrate Bitcoin? Strike CEO Leaves Clues
Apple reportedly plans to reduce its reliance on outside financial companies by building out new services in-house. Apparently, one of the developing services is related to payment processing technology. Could this technology involve the Bitcoin network? Recent behavior from Jack Mallers – CEO of Strike – hints that his company may play a role. Apple’s New Services As reported by Bloomberg, insiders say that Apple’s effort is focused on new products rather than current ones. They include everything from payment…
10 months ago 1.6 k views
Strike Expands Crypto Wallet to Argentina, But It Only Holds Tether
After inspiring El Salvador’s government to adopt a Bitcoin standard, Strike is expanding its operations to another central American country. Yesterday, CEO Jack Mallers announced Strike’s launch in Argentina and were set to act as a cost-effective remittance service using Bitcoin. However, it would seem that in-wallet assets are stored in neither dollars nor BTC, using Tether instead. Strike’s Significance In Argentina Mallers revealed his company’s expansion in a tweet on Tuesday, alongside a thread explaining its significance. “Today, we…
1 year ago 979 views
Jack Mallers Launches “Pay Me In Bitcoin” Service On Strike
Jack Mallers, CEO of Zap Solutions, has developed a new service to streamline the investment process for Bitcoin HODLers. Strike users of his custodial wallet can now opt to convert some or all of their future income into Bitcoin. Mallers explained how this feature works, as well as what makes it so important to society. Mallers: “Pay Me in Bitcoin” is For Savers Jack Mallers announced Strike’s new feature in a blog post earlier today. As the post reads, users…
1 year ago 1.5 k views
Strike and Lightning Network Issues Highlighted by the El Salvador Integration
A narrative has been making rounds that Strike preserves the LN properties because it is built on top of it. The information is, however, incorrect. To this effect, many Bitcoiners do not know that the wallet is a custodial service. Strike, the largest digital wallet on the Bitcoin Lightning Network welcomed last month's law announcing its adoption by the U.S. currency of Bitcoin as a legal tender for El Salvador as the first sovereign nation in the world. This action…
2 years ago 799 views