Jack Mallers’ Strike Rolls Out Bitcoin Buys, Going Head-to-Head With Coinbase

“Your move, Brian Armstrong, come play basketball in my court,” says Strike’s CEO.

Business  ·  1 July 2021

President of El Salvador Says He’s Submitting Bill to Make Bitcoin Legal Tender

An emotional Jack Mallers announced the news at the Bitcoin 2021 conference in Miami.

Business  ·  5 June 2021

Chiefs Tight End Sean Culkin to Convert Entire NFL Salary Into Bitcoin

The fifth-year player will use Zap’s Strike to take his entire base salary of $920,000 in what Culkin said was “the hardest form of currency.”

Business  ·  26 April 2021

Bitcoin Lightning Startup Zap Goes Global, Adding Multiple Fiat Pairs, Stablecoins

Visa partner Strike is adding support for multiple fiat currency pairs plus stablecoins as part of its journey to become a “Bitcoin neo-bank.”

Business  ·  6 January 2021

Panthers’ Russell Okung Becomes First NFL Player to Be Paid in Bitcoin

Okung’s $13 million salary is being split 50-50 between bitcoin and fiat by way of Zap’s Strike product.

Business  ·  29 December 2020

Lightning Startup Zap Raised $3.5M for Bitcoin App Ahead of Visa Deal

The Lightning startup Zap Inc. just raised its first round to build out both mobile bitcoin wallet services and a Visa partnership in 2020.

Business  ·  16 July 2020

Bitcoin Startup Zap Is Working With Visa

Lightning Network startup Zap, Inc. is partnering with Visa to offer the most user-friendly bitcoin services since Cash App.

Business  ·  2 July 2020
Bitcoin Payments

Bitcoin Shopping Gets a Boost From Social Distancing

State-imposed quarantines and policies set to work-from-home are boosting bitcoin-based shopping.

Business  ·  13 March 2020

Lightning Solves Bitcoin’s Speed Problem, but Watch Out for Fraudsters

Lightning-based fiat-bitcoin systems could popularize crypto payments, as long as fraud and bitcoin's non-reversibility don't get in the way.

Business  ·  25 February 2020
Lightning Network

Zap’s New Product Lets Merchants Take Dollars Over Lightning Network

"Merchants can accept bitcoin and lightning payments with the same infrastructure, except they never touch the asset," explained Zap founder Jack Mallers.

Business  ·  30 January 2020

Lightning Wallet Zap Launches in-App OTC Desk for Bitcoin Buyers

With new features from Zap, people can now buy bitcoin using the Lightning Network and reduce their reliance on centralized crypto exchanges.

Policy & regulation  ·  19 September 2019

Bitcoin Lightning Wallets Are Gaining Traction in 2019

Lightning usage is growing steadily in 2019, with several startups now offering retail-friendly wallets.

Business  ·  1 August 2019