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Strike investigates potential security breach amid global expansion

EditorAmbhini Aishwarya
Published 10/31/2023, 01:12 AM

Bitcoin transaction app, Strike, is currently probing into claims of a potential security breach, although no concrete evidence has been unearthed thus far. This investigation was sparked by discussions on ZachXBT's Telegram channel, where users such as @bitcoin_eagle reported receiving suspicious scam emails linked exclusively to Strike.

The allegations surfaced in the wake of Strike's significant operations expansion in May. Initially serving markets in the U.S., Argentina, and El Salvador, the app has extended its reach since. Founded by Jack Mallers in 2020, Strike leverages the Lightning Network to offer its user base instant Bitcoin transactions.

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