Canada Markets closed
  • S&P/TSX

    17,909.03
    -49.06 (-0.27%)
     
  • S&P 500

    3,768.25
    -27.29 (-0.72%)
     
  • DOW

    30,814.26
    -177.26 (-0.57%)
     
  • CAD/USD

    0.7853
    -0.0024 (-0.3015%)
     
  • CRUDE OIL

    52.06
    -1.51 (-2.82%)
     
  • BTC-CAD

    46,127.77
    -1,729.79 (-3.61%)
     
  • CMC Crypto 200

    693.95
    -41.20 (-5.60%)
     
  • GOLD FUTURES

    1,827.40
    -24.00 (-1.30%)
     
  • RUSSELL 2000

    2,123.20
    -32.15 (-1.49%)
     
  • 10-Yr Bond

    1.0970
    -0.0320 (-2.83%)
     
  • NASDAQ

    12,998.50
    -114.14 (-0.87%)
     
  • VOLATILITY

    24.34
    +1.09 (+4.69%)
     
  • FTSE

    6,735.71
    -66.25 (-0.97%)
     
  • NIKKEI 225

    28,519.18
    -179.08 (-0.62%)
     
  • CAD/EUR

    0.6499
    +0.0024 (+0.37%)
     

Twitter is considering a tipping feature: Report

Yogita Khatri

Twitter is said to be considering a feature that will allow users to tip each other from their tweets.

The Information reported the news on Monday, citing “two people familiar with [Twitter’s] decisions.” A Twitter spokesperson, however, told The Information that the company is currently not developing a tipping feature.

Some news outlets are misreporting that Twitter is considering a bitcoin tipping feature; The Information report does not mention so. It remains to be seen whether Twitter develops such a feature and if so, whether it will integrate bitcoin into it.

Twitter CEO Jack Dorsey is a well-known bitcoin supporter. Dorsey once said: “The Internet deserves a native currency...I hope it will be bitcoin. I’m a huge fan.”

Dorsey’s other companies, Square and Square Crypto, have also been betting big on bitcoin. Square’s Cash App facilitated $148 million in bitcoin sales in Q3 of 2019 alone. Square Crypto, on the other hand, has been working to make bitcoin “a daily-use currency with widespread adoption.”

Square was recently also hiring a product manager to add new possible features to its Cash App, including "auto-investing" and peer-to-peer "BTC gifting."