NFT News by Thebittimes.Com

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...

Source: Dennizn/Adobe A number of South Korean firms related to the crypto exchange Bithumb – including the firm that owns a controlling share of its stock &ndash ; have been raided by the prosecution service on embezzlement charges. Per MBC, officers searched the offices of Vidente, a publicly listed video equipment-making company that owns a majority 34% tranche of Bithumb’s shares. They also raided INBIOGEN, a footwear and accessories producer, and Bucket STUDIO, a firm that produces entertainment-related contents. The media outlet added that executives from the firms are being investigated on suspicion of embezzling company funds. While none of these companies appears to have a link with the crypto sector , they are believed to be owned by Kang Jong-hoon, a man widely believed to be the owner and “secret” chairman” of Bithumb. Kang has reportedly been attempting to sell Bithumb for over a year after acquiring the exchange &ndash ; an...