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Is Twitter bullish on Ethereum post Dorsey’s exit? Here’s the big revelation

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The social media giant, Twitter made headlines across the globe with its latest crypto-related venture. This move came just months after Twitter included Bitcoin in its Tips feature via the Lightning network on mobile.

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Mobile users of social media platform Twitter could incorporate Ethereum as a part of the Twitter-native tipping. The team at Twitter on 17 February announced this development to offer an array of options for as many people as possible globally.

Both iOS and Android supported this aforementioned feature on the main Twitter profile. In a report, the team stated:

“Through Tips, you’ll also be able to copy someone’s Bitcoin or Ethereum address and paste their address into whatever wallet you use.”

However, the new feature didn’t support Ethereum Name Service (ENS) domain names as portrayed on a Twitter thread by a user. The move followed Twitter’s continued exploration of the Ethereum ecosystem. The company debuted non-fungible token (NFT) verification for paid “Twitter Blue” subscribers last month.

Notably, this development came several months after former CEO Jack Dorsey’s departure from the social media company. Dorsey, a Bitcoin maximalist who wasn’t a big Ethereum fan, is now leading payments company Block (formerly Square) full-time. He once asserted that he would never buy Ethereum.

Different users on Twitter speculated that the departure would usher in a more pro-Ethereum attitude at the company. A Twitter user named Maya Zehavi had an interesting reiteration about the same.

Twitter’s feature supported international fintech providers Paga, Paytm, and Barter by Flutterwave. Thus, expanding tipping to users in Nigeria, India, and Ghana.

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Shubham is a full-time journalist/ Crypto data analyst at AMBCrypto. A Master's graduate in Accounting and Finance, Shubham's writings mainly focus on the cryptocurrency sector with particular emphasis on market research studies and communications for >2 years. Also, a die-hard Chelsea fan #KTBFFH.

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