Since Launch, Bottlepay Has Facilitated $2.3 Million In Lightning Transactions
Bottlepay, an application facilitating Lightning Network transactions via social media, has found an appetite for seamless use of bitcoin.Bottlepay, the U.K.-based application that allows users to transact bitcoin via the Lightning Network on social media, has seen notable volume since its launch last month. The app has facilitated transactions worth more that 1.7 million pounds ($2.3 million), according to a press release sent to Bitcoin Magazine.The app permits “Customers [to] send and receive conventional currencies and bitcoin anywhere in the world,” per the release. “They can also use....
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Users can send Bitcoin to and from their Twitter accounts following the launch of Bottlepay's disruptor payments app. Twitter users can now send Bitcoin (BTC) with a single tweet, after digital payments app Bottlepay launched its integrated Bitcoin social media feature. Transactions between Twitter users can now apparently take place using the simple tweet template “@bottlepay send 1,000 sats to @twitteruser.” The command can be executed from directly within the Twitter app, and the Bitcoin is transferred from one user to another automatically.Bottlepay describes itself as a global....
U.K.-based crypto payments provider Bottlepay has started offering services in other European countries. Users on the Old Continent will be able to send and receive even small amounts of euro and also buy, store and spend bitcoin with merchants accepting cryptocurrency. Bottlepay Promises Low-Cost Transactions in Euro and Bitcoin The Bottlepay app will allow Europeans to make instant cross-border payments using the Eurozone’s common fiat currency, the euro, as well as bitcoin (BTC). The startup, which launched its service in the U.K. earlier this year, promises to process these....
Former Goldman Sachs partner NYDIG partook in Bottlepay’s seed funding round in March 2021. Bitcoin (BTC) investment firm New York Digital Investment Group, or NYDIG, has announced the acquisition of United Kingdom-based micropayment service Bottlepay for an estimated fee between $280 million and $300 million.NYDIG previously participated in the company’s $15.4-million seed funding round in February, a raise that was led by British billionaire investor Alan Howard and saw the company valued in excess of $50 million.Utilizing the Bitcoin Lightning Network, Bottlepay’s mobile application....
The institutional Bitcoin services company bought the European Lightning Network payments app for an undisclosed amount.
People who run Lightning Network nodes can charge fees to process transactions through their Lightning channels, thus earning small amounts of BTC. For instance, depending on network activity, a single Lightning node could route $10,000 worth of transactions per month and receive a 0.25 percent fee ...