Lightning Network App ‘Strike’ Announces New Visa Card

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.” The Strike Card is here! A @Visa card with real rewards for the real world. You can now take Strike anywhere and earn rewards on everyday spending. Join the waitlist in your Strike app for early access as we begin rolling out the card to everyone. pic.twitter.com/fVwOybhCJv — Strike (@Strike) August 11, 2022 Strike: A Popular Lightning Network App A waitlist will be used to start the deployment. Strike is a well-known application created on the Lightning Network, a Layer 2 protocol intended to speed up Bitcoin-based transactions. The app headlined in April after CEO Jack Mallers disclosed a partnership with Shopify that would let retailers accept cryptocurrency payments but the payout in dollars. Using the new card, customers may receive direct deposits, buy Bitcoin, send and receive money, use Apple Pay and Google Pay to pay for purchases, and earn incentives, according to a series of tweets from Strike. 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 Networ...