Crypto
MoneyGram Introduces New Crypto Service Enabling Customers to Buy, Sell and Hold Cryptocurrency via the MoneyGram App
Customers within the U.S. can now commerce and retailer Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) through the use of the Firm’s main cellular app
That is the most recent crypto-related service launch from an organization bringing real-world cryptocurrency and blockchain use circumstances to life
DALLAS, Nov. 1, 2022 /PRNewswire/ — MoneyGram Worldwide, Inc. (NASDAQ: MGI) (“MoneyGram” or the “Firm”), a world chief within the evolution of digital P2P funds, at present introduced the launch of a brand new service enabling customers to purchase, promote and maintain cryptocurrency by way of the MoneyGram cellular app. This new and progressive function offers MoneyGram clients in practically all U.S. states and the District of Columbia1 the flexibility to commerce and retailer Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) through the use of the Firm’s main cellular app.
That is the most recent crypto-related service launch from an organization bringing real-world cryptocurrency and blockchain use circumstances to life. From on/off-ramp providers for digital wallets by partnerships with Coinme, Stellar and G-Coin, to cross-border settlement by Circle’s USD Coin (USDC), to the brand new skill to purchase and retailer crypto just by utilizing its app, MoneyGram is pioneering cross-border fee innovation and blockchain-enabled settlement.
“Cryptocurrencies are additive to every part we’re doing at MoneyGram. From {dollars} to euros to yen and so forth, MoneyGram allows on the spot entry to over 120 currencies across the globe, and we see crypto and digital currencies as one other enter and output possibility,” stated Alex Holmes, MoneyGram Chairman and CEO. “As a subsequent step within the evolution of MoneyGram, we’re thrilled to offer our clients with entry to a trusted and easy-to-use platform to securely purchase, promote and maintain choose cryptocurrencies.”
MoneyGram is on a mission to ship progressive monetary options that join the world’s communities. With at present’s announcement, the Firm is continuous to execute that technique and greatest serve its buyer base of tens of hundreds of thousands of individuals. MoneyGram is dedicated to investing in new progress alternatives and increasing previous its core merchandise to boost shopper monetary providers world wide.
Holmes added: “As shopper curiosity in digital currencies continues to speed up, we’re uniquely positioned to satisfy that demand and bridge the hole between blockchain and conventional monetary providers due to our international community, main compliance options and powerful tradition of fintech innovation. We’re excited for this subsequent chapter in our journey.”
The flexibility to purchase, promote and maintain crypto utilizing the MoneyGram app is made doable by the Firm’s present partnership with Coinme, a licensed crypto change and API-driven crypto-as-a-service supplier. Collectively, since 2021, MoneyGram and Coinme have partnered to broaden entry to crypto by creating hundreds of recent places within the U.S. for customers to purchase and promote bitcoin with money.
MoneyGram is anticipated to broaden its future collection of crypto cash because the Firm explores enlargement to different markets in 2023, as international laws enable.
For extra data, please go to: https://www.moneygram.com/mgo/us/en/m/crypto/
About MoneyGram Worldwide, Inc.
MoneyGram Worldwide, Inc. (NASDAQ: MGI), a world chief within the evolution of digital P2P funds, delivers progressive monetary options to attach the world’s communities. With a purpose-driven technique to mobilize the motion of cash, a robust tradition of fintech innovation, and main customer-centric capabilities, MoneyGram has grown to serve over 150 million individuals within the final 5 years. The Firm leverages its fashionable, cellular, and API-driven platform and collaborates with the world’s high manufacturers to serve customers by its direct-to-consumer digital channel, international retail community, and embedded finance enterprise for enterprise clients. MoneyGram can be a pacesetter in pioneering cross-border fee innovation and blockchain-enabled settlement. For extra data, please go to ir.moneygram.com, comply with @MoneyGram on social media, and discover the web site and cellular app by moneygram.com.
MoneyGram Media Contact
Sydney Schoolfield
media@moneygram.com
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SOURCE MoneyGram
Crypto
Experts celebrate promising new breed of cryptocurrency: 'Not only promises efficiency …'
An up-and-coming player in the world of cryptocurrency is looking to revolutionize the industry through its unique processes that highlight sustainability.
According to Be3, cryptocurrency XRP, developed by Ripple Labs, could have a “transformative impact on both finance and environmental sustainability” thanks to its unique consensus mechanism that does not require mining and uses a negligible amount of energy even as it scales.
It generates a minuscule amount of pollutants per transaction while producing 1,110 pounds of electronic waste and impacting just over 8 cubic miles of natural resources.
This approach separates XRP from its contemporaries, which often rely on the notoriously power-hungry proof-of-work systems and hulking mining centers that can destabilize the grid.
Statistics provided by TRG Datacenters show that XRP is the second-most eco-friendly cryptocurrency behind IOTA, consuming just 0.0079 kilowatt-hours per transaction. Comparatively, bitcoin ranks last at a staggering 707 KWh per transaction.
Furthermore, the cryptocurrency became the first major global blockchain to achieve carbon net zero by purchasing enough renewable energy to offset its minimal energy requirements, per the XRP Ledger.
Be3 also noted other features that make XRP an attractive option for institutions focused on environmental responsibility, as it takes just three to five seconds to settle at fractions of a cent per transaction.
It’s a welcome addition to a sector that desperately needs more sustainable options. A study by the International Monetary Fund found that crypto mines, in conjunction with artificial intelligence data centers, accounted for 2% of global electricity demand and 1% of carbon dioxide pollution in 2022.
The United Nations found that the bitcoin mining network used 173.42 terawatt-hours of electricity between 2020 and 2021, resulting in a carbon footprint equivalent to burning 84 billion pounds of coal.
Coal and natural gas also supplied 66% of the energy for mining operations during this period, polluting the planet with planet-warming gases.
Luckily, the sector has made significant strides in recent times in an effort to become more eco-friendly.
Alephium, which utilizes a proof-of-work blockchain, has partnered with Gigatons to implement a proof-of-less-work consensus that is significantly more energy efficient.
Meanwhile, Ethereum has transitioned to a proof-of-stake system that has cut its energy consumption by nearly 100%.
“In a world increasingly attentive to environmental impact, XRP’s innovative technology not only promises efficiency but also a greener future,” Be3 wrote.
Join our free newsletter for good news and useful tips, and don’t miss this cool list of easy ways to help yourself while helping the planet.
Crypto
ZIUM Launches to Revolutionize Instagram and Cryptocurrency Solutions
Zagreb, Croatia–(Newsfile Corp. – January 12, 2025) – ZIUM, a cutting-edge agency founded to tackle some of the most pressing challenges in social media and digital marketing, is now officially open for business. Specializing in Instagram username claims, account unbans, and cryptocurrency marketing, ZIUM has positioned itself as a trusted partner for individuals and businesses seeking innovative solutions in the digital age.
The agency operates at the intersection of technology, social media, and blockchain marketing, empowering clients to unlock their full potential online. With a dedicated team of experts and a results-driven approach, ZIUM is redefining the way people navigate the ever-changing online landscape.
ZIUM
To view an enhanced version of this graphic, please visit:
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A New Era of Digital Problem Solving
ZIUM’s services address real-world challenges in today’s digital ecosystem. Instagram, one of the largest and most influential social platforms, has become a critical tool for personal branding, business promotion, and community engagement. However, issues such as unavailable usernames or unfair account suspensions can hinder growth and cause frustration. ZIUM steps in to provide solutions that are fast, efficient, and tailored to each client’s needs.
Additionally, ZIUM excels in cryptocurrency marketing, offering projects and startups a strategic edge in the fast-paced blockchain industry. By combining deep knowledge of crypto trends with cutting-edge marketing strategies, the agency helps blockchain projects stand out in an increasingly crowded market.
Core Services Offered by ZIUM
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Instagram Username Claims
In the crowded social media space, having the perfect Instagram username can make all the difference. Whether it’s for a brand, influencer, or business, ZIUM specializes in acquiring sought-after usernames to align with clients’ goals and identities. The agency handles the process from start to finish, ensuring a smooth and hassle-free experience. -
Instagram Account Unbans
Account suspensions on Instagram can be devastating, especially for businesses and influencers relying on the platform for engagement and revenue. ZIUM offers expert account recovery services, helping clients navigate Instagram’s policies to regain access to their accounts quickly and effectively. -
Cryptocurrency Marketing
The cryptocurrency space is highly competitive, and visibility is key. ZIUM provides end-to-end marketing strategies tailored to blockchain projects, ensuring they reach the right audience. From brand development to targeted campaigns, ZIUM helps crypto ventures grow and thrive in an ever-evolving market.
Crypto
Donald Trump Embraces Meme Coins—A Presidential First
Donald Trump is making news once more, but this time it’s not for political reasons; it’s about cryptocurrency. As he prepares to return as the 47th President of the United States, Trump will become the first sitting president to own meme currencies, a decision that has stirred both enthusiasm and skepticism in the crypto community.
Trump: A Significant Crypto Portfolio
Recent sources claim that Trump’s crypto wallet consists largely of meme coins and is valued roughly $8 million. Among the assets are $1.5 million in a meme currency with Trump-themed design and $5.5 million in TROG tokens.
In addition, he has about 1.3 billion GUA coins, which amounts to nearly $400,000, and $167,000 in TRUMPIUS tokens. This is a first of its kind, where Trump becomes an oddity in the world of politics and cryptocurrency, considering his earlier reluctance towards digital assets.
DONALD J. TRUMP WILL BE THE FIRST SITTING US PRESIDENT TO HOLD MEMECOINS pic.twitter.com/ODlNXDaKIT
— Arkham (@arkham) January 10, 2025
From Skepticism To Support
Trump’s journey into the crypto world is notable. He had been a strong critic of Bitcoin and other cryptocurrencies, calling them scams. But that all changed in 2024 when he started publicly endorsing Bitcoin and speaking out for the right to own it. That’s a broader trend among politicians, who are increasingly recognizing the potential of cryptocurrencies and their growing popularity among voters.
Trump’s financial success in the digital sphere was also aided by his venture into non-fungible tokens (NFTs) on Ethereum. Trump reportedly made a good living from these endeavors, and he currently owns roughly 496.77 ETH, which is worth about $1.6 million.
Implications For Regulation
Many people are eager to see how Trump’s administration will regulate cryptocurrencies now that he is back in office. A possible change toward a more advantageous regulatory climate for digital assets is hinted at by the nomination of important individuals like David Sacks as “Crypto Czar” and Paul Atkins as SEC chair. This could result in more precise rules for investors and businesses involved in the cryptocurrency industry.
Donald Trump. Image: Ronda Churchill/Reuters
The policies by Trump are already changing market dynamics as everybody is anxiously awaiting them. During this time when Bitcoin hit a record high of $108k, while meme coins surged, analysts still feel that Trump could make the year 2025 a major turning point in cryptocurrencies.
Meme Coin Boom
The rise of Trump-owned meme coins is indicative of a broader cultural shift among younger investors who are fed up with established financial institutions. This combination of the political influence of Trump and the speculative nature of meme coins puts a scenario under which political events could significantly affect cryptocurrency markets. Thus, while the investors go about this, they are not ignorant of the volatility that is usually associated with meme coins.
Featured image from Fortanix, chart from TradingView
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