Tipping news
Twitter enables users to give and receive Ethereum tips natively
In Sept. 2021, Twitter enabled Bitcoin payments as the first cryptocurrency payment option available via its tipping jar. Wednesday, the social media platform added a slew of fresh payment services to these existing tipping options, including Ethereum (ETH). 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. No: What are you waiting for? Here's how: https://t.co/Id5TwTpnCF — Twitter Support (@TwitterSupport) February 16, 2022 Users looking to receive ETH tips simply need to enable the …
Bitcoin / Feb. 16, 2022
Twitter CEO Jack Dorsey reiterates a positive outlook on Bitcoin tipping during earnings call
Back in September, Twitter became the first major social media platform to adopt Bitcoin (BTC) tipping, enabling users to send BTC directly to their favorite content creators through the site’s native frontend. The company also allowed users to send their BTC over the Bitcoin Lightning Network to ensure near-instant settlement times. In response to an analyst's question regarding how cryptocurrencies play into the company's overall global strategy, Dorsey said the following during the company’s third-quarter earnings call on Oct. 26: “It [Bitcoin tipping] allows for much more speed. Both tipping subscriptions are new. These are products that we want to …
Adoption / Oct. 27, 2021
Twitter reportedly working on Bitcoin tipping feature
Twitter is reportedly laying the groundwork to enable Bitcoin (BTC) tipping for content creators. According to MacRumors, the latest Twitter iOS beta includes lines of code that could see Bitcoin become a part of the “Tip Jar.” Indeed, as previously reported by Cointelegraph, Twitter CEO Jack Dorsey had previously hinted that Bitcoin tipping was in the works. Twitter introduced Tip Jar back in May as a way for users to reward content creators on the popular social media platform. If the reports of Bitcoin tipping are true, then BTC will be added alongside Cash App, PayPal and Venmo as acceptable …
Adoption / Sept. 1, 2021
Aeternity Launches Crypto Tipping Platform for Social Creators
Blockchain firm Aeternity launched its social monetization tool "Superhero" on May 20, describing the platform as “the first decentralized peer-to-peer instant payment tool for digital goods or social content.” The extension is supported by the crypto-friendly internet browsers Brave and Opera, in addition to Firefox and Chrome. The decentralized app — or DApp — is also available on mobile for iOS and Android. Superhero solely supports tipping in the form of Aeternity’s native coin, AE. Superhero features a widget for integration onto blogs and websites. Aeternity launches social monetization dapp Users can purchase vouchers loaded with 5, 10, or 15 …
Business / May 20, 2020
Europe’s New Regulations Force Bitcoin Service Bottle Pay to Shut Down
The Bottle Pay service, which allowed users to send Bitcoin (BTC) via social media accounts, announced on Dec. 13 that it would be shutting down due to Anti-Money Laundering (AML) regulations. Funds will remain available for withdrawal until 13:00 GMT on Dec. 31, 2019. New user data collection would negatively impact user experience Bottle Pay, developed by United Kingdom-based company Block Matrix, enabled Bitcoin payments to any social media contact regardless of whether they had an account or not. Just two months ago, the company raised $2 million in funding, with the aim of increasing the user-base tenfold over the …
Bitcoin Regulation / Dec. 14, 2019
Blockchain Browser Brave Launches Token Tipping Service for Twitter Users
The blockchain-based decentralized internet browser Brave now allows Twitter users to tip content creators with its native Basic Attention Tokens (BAT). Brave discussed the public launch of its token tipping service in an announcement on Aug. 1, wherein users can reportedly specify the amount they wish to tip a given Twitter account, and the recipient will receive their tip in BAT directly. The announcement also lists a number of features associated with the tipping service, including setting up regularly recurring tips as well as a mechanism for tweeting at a tipped creator to tell them how to claim their donation. …
Blockchain / Aug. 2, 2019