Twitter Just Added Ethereum To Tipping Feature
It’s been just revealed that social networking Twitter said that they decided to expand the crypto assets and payments platforms compatible with the tipping feature. As the online publication the Daily Hodl notes, Twitte...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It’s been just revealed that social networking Twitter said that they decided to expand the crypto assets and payments platforms compatible with the tipping feature.
As the online publication the Daily Hodl notes, Twitter let its 6,900,000 followers know that it will now be incorporating wallet addresses that are associated with top altcoin Ethereum (ETH) into its tipping feature.
Twitter also highlighted the fact that it will also be adding several new third-party payments services for sending the tips.
“Have you set up Tips on your profile yet so it’s easy for people to show their support? Yes: cool, we’ve added Paga, Barter by Flutterwave, Paytm, and the option to add your Ethereum address.”
It’s also important to note the fact that Twitter first rolled out its tipping feature last September.
This allowed users to instantly send funds, including cash and top crypto asset by market cap Bitcoin (BTC), to any Twitter user in the world for free utilizing payments protocol Strike.
Just to refresh your memory, Strike is an app that processes BTC transactions via the Lightning Network.
It’s also important to mention that now, users can send Ethereum straight to another user’s ETH wallet, according to Twitter’s website.
“Through Tips, you’ll be able to copy someone’s Bitcoin or Ethereum address and paste their address into whatever wallet you use.”
Other prominent payments platforms compatible with Twitter’s Tips feature include the following: CashApp, Patreon, GoFundMe, and Venmo.
Twitter in the newsIt’s been revealed that Twitter made a move for NFT lovers. People have been using NFTs as profile pics on Twitter and there has been massive skepticism about the durability of ownership over the digital assets.
CoinDesk just revealed that Twitter released an official verification mechanism for NFT profile pics.
“Link your Ethereum wallet to your Twitter account, and you’ll be presented with a list of NFTs you own (verification is available only for Ethereum-based NFTs, at the moment, though a representative for the company clarified that this is only the “first iteration” of a feature that may go on to support other blockchains),” CoinDesk noted not too long ago.
The post Twitter Just Added Ethereum To Tipping Feature first appeared on CryptoGazette - Cryptocurrency News.Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Coinbase Unveils AiFi After $100M in x402 Transactions, Targeting AI Agent Payments
Key Takeaways: Coinbase has announced the launch of its financial infrastructure initiative, AiFi, centered on the new AI agent ec...
SafePal Data Breach Exposes 39,798 Crypto Customers, Wallet Keys Remain Secure
Key Takeaways: About 39,798 users’ personal and purchase information were disclosed via a flaw in an order tracking plugin, accord...
Cboe pushes for 3x Bitcoin and Ethereum ETFs after 2x crypto funds suffer losses of up to 96%
Cboe BZX is asking the Securities and Exchange Commission (SEC) for an exception to its own generic listing rules so it can list f...
Norway Holds $400M in Bitcoin via Indirect Stock Exposure
Key Takeaways: Norway’s Government Pension Fund Global holds about $400 million in ind.rect BTC and ETH The fund does not directly...
Fourth crypto exchange shuts down in just six weeks
US-based crypto exchange ABFinance, founded by ByBit’s former CEO Helen Liu, closed its doors last week before it ever opened. ABF...
Bitcoin Price Prediction: BTC AI Trade Driving BTC Forecasts
Bitcoin price prediction shows it trading at $62,800, down -1.4% on the day, holding a range that’s frustrated bulls and bears ali...