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Showing posts with the label company&rsquo

This is Big for Crypto – MoneyGram Adds Bitcoin, Ethereum and Litecoin Buy and Sell to its App

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Join Our Telegram channel to stay up to date on breaking news coverage MoneyGram has launched a new crypto service that will allow customers to buy, sell and hold cryptocurrencies using the MoneyGram application. This new service will be available to customers based in nearly all US states and the District of Columbia. MoneyGram adds cryptocurrency payments MoneyGram will give its users the ability to store and trade Bitcoin, Ethereum and Litecoin on the MoneyGram mobile app. This will be the latest addition of MoneyGram’s crypto business . The company has made several partnerships to support its advancement into the web 3.0 & crypto sector . Alex Holmes, the Chairman and CEO of MoneyGram, commented on this initiative saying that cryptocurrencies were part of the operations at MoneyGram. With the platform already accepting more than 120 currencies from around the world, digital currencies were a perfect addition to diversify the payment options available to users. H...

MicroStrategy Third-Quarter Earnings Report Falls Short of Expectations – Here’s What You Need to Know

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Source: A video screenshot, Youtube/Bitcoin Magazine Bitcoin (BTC) bull Michael Saylor’s company MicroStrategy delivered earnings that fell short of expectations on Tuesday, despite relatively stable bitcoin prices during the quarter. According to the earnings report, MicroStrategy’s quarterly result fell short of the market’s expectations, with earnings falling 2.1% for the quarter to a total of $125.4m. The expectation was that MicroStrategy would post quarterly earnings of $127.58. MicroStrategy quarterly earnings. Source: TradingView Despite the disappointing earnings, shares of MicroStrategy rose by 1.09% in after-hours trading on Tuesday to $260. The slight gain followed a loss of 3.85% for the day during regular market hours yesterday. Year-to-date, MicroStrategy shares are now down close to 54%. MicroStrategy stock year-to-date. Source: Google MicroStrategy’s massive holding of bitcoin has put pressure on the firm&rsquo ;s bottom lin...

Wallet Linked to Bankrupt Three Arrows Capital Shows Activity Despite ‘Missing’ Founders

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Source: Adobe/Proxima Studio A number of non -fungible tokens (NFTs) collected by Starry Night Capital, an NFT fund established by the Singaporean bankrupt crypto hedge fund Three Arrows Capital (3AC), were moved to a new wallet by Teneo, the consultancy leading 3AC’S bankruptcy proceedings. The tokens which were moved to a Gnosis Safe address include Pepe the Frog NFT Genesis, sold for ETH 1,000, or about $1.36 at the crypto&rsquo ;s current price, in October 2021, and Fidenza #718, sold for ETH 240 in November 2021, according to data collected by blockchain analytics platform Nansen.  Other NFTs which were transferred include three pieces by XCOPY, including Some Other Asshole, purchased for ETH 550 in December 2021, DANKRUPT, sold for ETH 469 in October 2021, and DECAY, bought for ETH 345.69 in December 2021, the firm said.  Other tokens comprise AI Generated Nude Portrait #7 Frame #184 by Robbie Barrat, sold for ETH 300 in October 2021, several ...