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Aug 12, 2022
by Usha Yadav
Lightning Network App 'Strike' Announces New Visa Card
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The Lightning Network-based cryptocurrency payment platform Strike just unveiled a new Visa card with rewards for shopping. On Thursday night, the business posted a tweet announcing the debut, assuring customers they could "take Strike everywhere and earn points on ordinary spending."
Strike: A Popular Lightning Network App
Additionally, it stated that 1% of all card-related earnings would go toward funding open-source Bitcoin development. With support from Valor Equity Partners and Baillie Gifford, Lightning Labs, a company that guides most of the Lightning Network's development, raised $70 million in a Series B fundraising round in April. Lightning Labs is developing the infrastructure needed to allow people to use the Bitcoin network to transmit money around the globe almost instantly and cheaply.
Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.