Bitcoin Lightning App Strike Expands to Europe with Global Transfers

Strike has announced its expansion into Europe, bringing its Bitcoin services to millions of people across the continent, according to a press release sent to Bitcoin Magazine.

As per announcement, European customers can now buy, sell, send, and withdraw bitcoin using the app, and deposit funds from their bank accounts using free unlimited SEPA euro deposits, with the option for instant transfers where supported. Customers withdrawing their bitcoin to self-custody can send it to any Bitcoin or Lightning wallet instantly and without limits.

Additionally, users can access features such as recurring purchases, as well as peer-to-peer (P2P) transfers powered by the Lightning Network, with USD…

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Block Enables Millions of Square Sellers to Convert Sales to Bitcoin With Cash App

Block, a global technology company focusing on financial services, has announced the launch of Bitcoin Conversions, a feature that allows millions of Square sellers to convert a percentage of their daily sales to Bitcoin using Cash App, according to a press release sent to Bitcoin Magazine.

This collaboration between Square and Cash App empowers eligible Square sellers in the U.S. to allocate between 1-10% of their daily sales from their Square seller account to be automatically transferred to their personal Cash App account. The funds will then be used to purchase bitcoin…

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LATEST: Bitcoin Payment App Strike Expands to Europe, Boosting Crypto Accessibility

Strike, the innovative payments app utilizing Bitcoin’s blockchain, has launched its services across Europe, allowing users to buy, sell, and withdraw bitcoin. As announced on Wednesday, Europeans can now handle transactions directly with euro deposits through SEPA, the region’s payment provider. This expansion is seen as a significant step for bitcoin adoption, given Europe’s stature as the third-largest economy worldwide. Strike aims to offer a more efficient and cost-effective alternative to traditional payment systems like Cash App and PayPal by capitalizing on the faster transaction speeds provided by blockchain technology.

The app, already available in Asia, Africa, the Caribbean, and Latin America, has been met with positive feedback from the community, signaling a strong demand for bitcoin in Europe. European users can check their local iOS or Android app stores for availability, although access may vary by country. Founded by entrepreneur Jack Mallers and run by Chicago-based Zap Solutions, Strike made its debut in the U.S. in 2020 and continues to revolutionize global financial transfers by integrating cutting-edge blockchain solutions.

Source

Unchained Is Helping Users Secure 90,000 BTC And Counting in Self Custody

Company Name: Unchained

Founders: Joe Kelly and Dhruv Bansal

Date Founded: October 2016

Location of Headquarters: Austin, TX

Amount of Bitcoin in Treasury: Not disclosed

Number of Employees: 107

Website: https://unchained.com/

Public or Private? Private

Joe Kelly and Dhruv Bansal started Unchained with one main objective: to provide financial services to people like themselves — long-term bitcoin holders. Since 2017, when Unchained launched its first product, a lending desk that allowed customers to borrow US dollars against their bitcoin, the company has developed into a full-on financial services company for Bitcoiners who value holding their private keys.

Unchained now offers a suite of…

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Christian Langalis | Buy Bitcoin Sign

In a remarkable turn of events, a simple message displayed behind former Federal Reserve Chair Janet Yellen during a congressional testimony nearly seven years ago has sparked a frenzy in the Bitcoin community. The phrase “Buy Bitcoin” scribbled on a legal pad by Christian Langalis, a 22-year-old Bitcoin enthusiast at the time, has now become a sought-after artifact, fetching bids nearing $166,000 in an online auction.

Christian Langalis holding a “buy Bitcoin sign behind Janet Yellen has become an important part of bitcoin’s history — Source

The Backstory

Langalis, an intern at the libertarian think tank Cato Institute back in 2017, saw an opportunity during…

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Bitcoin Heater | Hashlabs | Using Bitcoin to Warm Finland Up

In Finland, a pioneering project is harnessing energy from mining Bitcoin to heat homes during the cold winter months. Hashlabs Mining, a Bitcoin mining infrastructure firm, has introduced an innovative project that generates heat using specially designed Bitcoin mining devices, turning them into Bitcoin heaters.

Jaran Mellerud, co-founder of Hashlabs Mining stated:

“With the help of industrial consumers like Bitcoin miners, Finland can increasingly use its massive nuclear power plant to produce heat.”

Related reading: Households Will Run A Bitcoin Heater But It Won’t Stop There

Using Hydro-Cooled ASIC Mining Devices

The project utilizes…

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PayPal Bitcoin Mining Initiative | Low-Carbon Energy

The blockchain research division of PayPal, in collaboration with Energy Web and DMG Blockchain Solutions, has unveiled a groundbreaking proposal aimed at expediting the transition of Bitcoin mining to cleaner energy sources.

The new PayPal Bitcoin mining proposal, Termed the “Green Mining Initiative,” suggests utilizing “cryptoeconomic incentives” to encourage miners to adopt low-carbon energy sources. The proposal involves identifying “green miners” through a validation platform such as Energy Web’s “Green Proofs for Bitcoin.” These green miners would then share their public keys with a multisig payout address.

It is important to note that PayPal has shown…

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Bitcoin For Kids | Educational Resources

It’s important to educate your children about bitcoin, and familiarize them with the concepts from an early age. There are a lot of educational content on Bitcoin for kids, offering a range of games, books, and television shows designed to simplify and explain its concepts. These tools include card games that teach about Bitcoin mining, engaging stories that illustrate the value of digital money, and educational series that delve into how Bitcoin and money work. Together, these resources provide young learners with a fun and interactive way to gain a fundamental understanding of Bitcoin, preparing them for the digital financial landscape of the future.

Games About Bitcoin… Read more on bitcoinnews