Moneygram has launched its Ramps service on Solana, giving wallets and applications on the blockchain a direct connection between cryptocurrency and the company’s global cash network. Key Takeaways Moneygram launched Ramps on Solana on Aug. 11, with Rift as its first wallet integration. Moneygram Ramps offers cash withdrawals in more than 170 countries and territories. Solana developers can integrate Moneygram Ramps as adoption expands beyond 1 wallet. Rift is the first Solana wallet to integrate the service, Moneygram explained on Tuesday . The move expands Ramps across multiple blockchain ecosystems as the payments company pushes beyond its traditional money-transfer business and deeper into digital assets. Moneygram Opens Its Cash Network to Solana Moneygram Ramps acts as a bridge between traditional money and cryptocurrency. Users can deposit cash and receive digital assets, or convert supported digital assets back into local currency for withdrawal through Moneygram’s networ...
Keel Infrastructure has decommissioned all of its U.S. bitcoin mining operations as it converts power-rich sites for AI and high-performance computing. The transition comes with weaker earnings and continued bitcoin sales, but the company says $819 million of liquidity gives it room to fund development. Key Takeaways Keel shut all U.S. bitcoin mining as Q2 revenue fell 50% to $30.4M during its AI pivot. Keel sold 1,085 BTC, leaving $819M in liquidity as miners chase higher AI infrastructure returns. Keel’s next test is signing AI tenants for 3 priority U.S. sites after its 18-month transition. Keel Sells 1,085 BTC as Revenue Falls 50% in Second Quarter Keel Infrastructure has completed the shutdown of its U.S. bitcoin mining operations, marking one of the clearest breaks yet from the industry that built its energy portfolio.