MoneyGram admits ‘cybersecurity issue’ behind dayslong outage
MoneyGram’s services have been offline since Sept. 20, with the firm confirming the outage is due to a cybersecurity incident three days later.This post was originally published on this site
MoneyGram and Stellar join CEX.io for global crypto cash conversions
CEX.io’s collaboration with MoneyGram and Stellar offers users expanded cash-in and cash-out options through USDC conversion.This post was originally published on this site
MoneyGram and Stellar join CEX.io for global crypto cash conversions
CEX.io’s collaboration with MoneyGram and Stellar offers users expanded cash-in and cash-out options through USDC conversion.This post was originally published on this site
Stellar dips into treasury to buy minority stake in MoneyGram
The financial details weren’t disclosed but the investment gave the Stellar Development Foundation a seat on MoneyGram’s Board of Directors.This post was originally published on this site
UNHCR Launches Blockchain Payment Solution to Support Ukrainians Displaced by War
The United Nations High Commissioner for Refugees (UNHCR) recently said it has launched a blockchain payment solution for digital cash distribution to internally displaced persons (IDPs) in Ukraine. According to the agency, the use of the blockchain-based cash distribution system ensures the funds are instantly transferred to the intended recipients. Only ‘Most Impacted and Vulnerable […]
Moneygram Enables Customers to Buy and Sell Cryptocurrency via Its Money Transfer App
Moneygram has launched a new crypto service to allow customers to buy, sell, and store cryptocurrencies using its mobile money transfer app. Initially, three cryptocurrencies are supported, including bitcoin and ethereum. Moneygram’s New Crypto Service Moneygram International Inc. (Nasdaq: MGI) announced the launch of a new cryptocurrency service Tuesday. The official Twitter account for Moneygram […]
Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the company’s stablecoin reserves. Circle Partners With New York Community Bancorp On Tuesday, Circle announced that it is collaborating with […]
Moneygram Launches USDC Crypto-to-Cash Program in Certain Markets
Moneygram, a remittance and payments company based in the U.S., has announced the integration of USDC, a dollar-pegged stablecoin, as a settlement asset for its cash to crypto and crypto to cash program. The company will first allow users to exchange USDC for cash and vice versa in certain markets, including Canada, Kenya, the Philippines, […]
MoneyGram Partners with Stellar to Develop Stablecoin Remittance Platform, and Eyes El Salvador Partnership
MoneyGram, the global leader in the evolution of digital P2P payments, is partnering with the Stellar Foundation to bridge the crypto and fiat worlds. MoneyGram Partners with Stellar for Stablecoin Remittances The partnership between MoneyGram and the Stellar Foundation, issuers of the Stellar blockchain and the XLM coin, will see the creation of a stablecoin-based […]