Bitcoin App Strike In Argentina: Under The Hood
The Lightning payments app’s launch in the South American country was received with some confusion.The launch of the Lightning payments app Strike in Argentina generated a lot of confusion on Twitter after customers started downloading and using it to find out they didn’t get an actual Bitcoin wallet. Despite the muddiness, however, the Strike launch there resembles the same dynamic the company resorted to in its first iteration in El Salvador, as it also uses the USDT stablecoin to represent U.S. dollars and interacts with Bitcoin and Lightning without holding a BTC balance.Strike’s....
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Strike, a bitcoin-based wallet and exchange service, has landed in Argentina, bringing USDT integration to users in the country. Jack Mallers, CEO of Strike, explained that his objective for bringing the app to the country has to do with providing a platform for Argentinians to hold a stable value in cash. This value will be held in the form of USDT, with no option for storing bitcoin, at least at launch.
Strike Brings Stablecoin Integration to Argentinians
Strike, a popular bitcoin-based wallet, has launched in Argentina, bringing a new way for Argentinians to store their....
It looks like crypto has a Robin Hood. About a week ago, someone named Hood started the Twitter handle @savethemhood. They promptly sent out these three tweets: I am here for the greedy. Taking the crumbs and spreading them to those in need. - Hood (@savethemhood) March 14, 2014The top wealthiest 1% possess 40% of the United States wealth. - Hood (@savethemhood) March 15, 2014I've been watching the dogecoin community. They have pure intentions. I will extend a hand out to help. - Hood (@savethemhood) March 15, 2014What happened next was amazing, even by the highly charitable standards of....
Strike wallet is one of the leading financial platforms in Argentina that provides an easy Bitcoin payment transaction through Lighting Network. In addition, the platform incorporates a Bitcoin network, allowing users to perform worldwide payment rails. For these transactions to be successful, payments on the Strike platform are exchanged for BTC. The transactions move forward […]
The battle to recover the 14 million stolen Ether continues, today the hacker responded to the 'Robin Hood' attack with another stratagem: the malicious attacker managed to infiltrate the child DAO controlled by developers and researchers of the Ethereum community. The DAO Token Holders received bad news today, after a team lead by ex-DAO curators, Slock.it employees, researchers and Ethereum foundation members managed to launch a counter-attack -known as the Robin Hood attack-. The preemptive strike was intended to secure the remaining The preemptive strike was intended to secure the....
A month ago, with fanfare, Strike launched its App to the Argentinian market. A country facing ever-increasing inflation and an app that promises access to Bitcoin, “the best monetary network in human history.” The match seemed undeniable. However, an underwhelming first version of the app mixed with questionable technology usage tainted Strike’s launch. Less than […]