Category: Tipping

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Twitter enables users to give and receive Ethereum tips natively

Users will still need to provide a full Ethereum address however as ENS domains have not yet been integrated. In Sept. 2021, Twitter enabled Bitcoin payments as the first cryptocurrency payment option available via its tipping jar. Wednesday, the social media platform added a slew of fresh payment services to these existing tipping options, including Ethereum…
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Twitter CEO Jack Dorsey reiterates a positive outlook on Bitcoin tipping during earnings call

Dorsey suggested that the new initiative is incentivizing content creation and cryptocurrency adoption alike. Back in September, Twitter became the first major social media platform to adopt Bitcoin (BTC) tipping, enabling users to send BTC directly to their favorite content creators through the site’s native frontend. The company also allowed users to send their BTC…
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Jack Dorsey Says Square Is Considering Building a ‘Bitcoin Mining System Based on Custom Silicon’

Following the latest report from Cambridge University that shows a large percentage of the Bitcoin network’s hashrate resides in the United States, the CEO of Twitter and Square, Jack Dorsey, has announced that Square is considering building a “bitcoin mining system based on custom silicon.” Square Considers Building a Mining System On the same day…
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Europe’s New Regulations Force Bitcoin Service Bottle Pay to Shut Down

Recently funded social media Bitcoin transfer service, Bottle Pay, is shutting down citing new AML regulation in the EU as the reason. The Bottle Pay service, which allowed users to send Bitcoin (BTC) via social media accounts, announced on Dec. 13 that it would be shutting down due to Anti-Money Laundering (AML) regulations.  Funds will…
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