Strike API Partners with Twitter to power instant payments with Bitcoin

Karthik Subramanian

Strike, one of the leading digital asset wallets built on the Bitcoin Lightning Network has announced the launch of its Strike API platform to serve various marketplaces and merchant businesses.

Mind your Tweets! Hong Kong regulator takes a dim view of Twitter use for providing inside info

The company has also announced a partnership with Twitter to enable Twitter users to seamlessly sent tips from anywhere in the world with any Bitcoin Lightning wallet to any user within the US and El Salvador, which are countries that have accepted Bitcoin as legal tender. This move would help the users of Twitter to be able to get paid from within Twitter itself. For now, all Twitter users on iOS in the above countries would be able to receive tips instantly and freely as well. The Android version is expected to be released in the coming week.

“Today, we take a giant leap forward in growing global interoperability with the world’s first open monetary network, Bitcoin,” said Strike Founder and CEO Jack Mallers announcing the launch of the Strike API. He continued, “Today, with the Strike API one of the world’s largest internet companies becomes interoperable with the world’s largest global monetary network making payments everywhere in the world cheaper, faster, and unlocking a whole new set of payment use cases never seen before.”

Strike has also announced an early access program for merchants, marketplaces, and businesses who can use its API to enable quick, seamless global payments between buyers and sell or fans and creators as well. This would open up a world of possibilities especially for creators and fans to be able to interact and helps creators to get paid instantly rather than having to wait for fiat payments through banks to show up.

Digital wallets and payments systems are the craze right now around the world as the pandemic has forced even reluctant users to begin using such wallets to make payments even for basic services. This has led to the mushrooming of many startups in this space that compete with major companies like Paypal in the race to get into the phones and laptops of users. This growth in the digital payments industry is expected to continue in the coming months as well as the latest generation of users also prefer to make payments through digital methods. It is here that cryptocurrencies are looking to make a space for themselves and this is an opportunity for the industry to move mainstream.

Read this next

Institutional FX

FXSpotStream volumes hit 14-month high in November

FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, reported its operational metrics for November 2023, which moved higher on a monthly basis.

Digital Assets

Circle denies ties with Palestinian groups, TRON founder

Stablecoin issuer Circle has denied allegations that it facilitates funding for terrorist organizations.

Retail FX

CySEC hits operator of Titanedge, TradeEU with €90,000 fine

The Cyprus Securities and Exchange Commission (CySEC) announced that it has imposed a fine of €90,000 on Titanedge Securities Ltd due to shortcomings in their regulatory obligations.

Institutional FX

Cboe FX volumes retreats slightly in November 2023

Cboe’s institutional spot FX platform today announced its trading volume for the month ending November 2023, which took a step back after a strong rebound in October.

Institutional FX

Alpha Group seals Cobase majority acquisition

Foreign exchange service provider Alpha Group International plc (AIM: ALPH) has finalized its acquisition of Financial Transaction Services, operating as Cobase.

Digital Assets

TMNG Tokens Successfully Listed on MEXC Crypto Exchange

TMN Global proudly announces the successful listing of its native TMNG token on the MEXC crypto exchange, effective December 1st, 2023. This strategic partnership marks a significant milestone for TMN Global in the crypto space.

Institutional FX

Marex completes acquisition of TD Cowen’s PB business

London-headquartered commodities broker Marex has completed the acquisition of TD Cowen’s prime brokerage and outsourced trading business, which will be integrated into Marex’s capital market division. This division was established following the acquisition of ED&F Man Capital Markets in 2022.

Digital Assets

Talos introduces decentralized liquidity and onchain settlement with Uniswap and Fireblocks

“At the cornerstone of the DeFi ecosystem, Uniswap has the breadth of assets and depth of liquidity that institutional traders need. And to have this partnership powered by Fireblocks, a digital assets infrastructure provider trusted by some of the most renowned institutions, is very fitting.”

Digital Assets

FINMA-regulated crypto bank SEBA Bank rebrands to AMINA

“As we look forward to 2024, our ambition is to accelerate the growth of our strategic hubs in Switzerland, Hong Kong, and Abu Dhabi, and to continue our global expansion, building on all the successes we have laid down over the past years.”

<