Strike CEO Jack Mallers Debanked by JPMorgan
JPMorgan has cut ties with Strike CEO Jack Mallers, leaving the Bitcoin payments firm scrambling for banking partners as the bank faces regulatory and reputational pressures tied to crypto exposure.
Jack Mallers
JPMorgan and Strike CEO Quiet, Leaving ‘Debanking’ Questions Unresolved
JPMorgan and Strike CEO Jack Mallers have gone silent after allegations of ‘debanking’ surfaced, leaving regulators, customers and crypto advocates seeking answers as scrutiny intensifies.
Twenty One Capital Secures $458.7M Bitcoin Purchase Ahead of Merger
In a significant development, Twenty One Capital has secured a monumental $458.7 million Bitcoin purchase ahead of its anticipated merger. This strategic acquisition underscores growing institutional interest in cryptocurrency amidst a fluctuating market landscape.
Strike CEO Jack Mallers Announces Expansion of Services into Africa
Strike CEO Jack Mallers has announced plans to expand the company’s services into Africa, bringing the Lightning Network to a vastly underserved region. The move signals a major push to make Bitcoin more accessible and usable as a medium of exchange in emerging markets.
Mallers highlighted the significant potential for Strike’s growth in Africa, citing the continent’s large unbanked population and increasing internet penetration. By leveraging the Lightning Network’s efficiency and low transaction costs, Strike aims to provide financial inclusion and empower individuals in underserved communities.