Blockchain Press Releases
WorldRemit Adds Naira Currency as Payout Option for Customers Sending Money to Nigeria
The global remittance platform under Zepz expands Nigerian payout options to include Naira currency
LONDON, July 13, 2023 /PRNewswire/ — Today, WorldRemit, the global remittance platform within Zepz, announces Naira currency remittances as an expanded offering for Nigerian customers, available through bank transfer, airtime top up and at all cash pick-up locations throughout the country.
More than US$20 billion dollars was remitted into Nigeria last year by the nearly 1.5 million Nigerian migrants around the world, making the nation the 8th largest remittance receiving country globally. Remittances account for more than 4% of Nigeria’s total economy, making the swift, effective delivery of funds vital at an individual level, but also as a driver of economic stability for the nation.
With the ability to send funds in Naira, Nigerians are now able to make a greater impact with their monies, and take advantage of lucrative exchange rates into the nation. We know that 1 in 9 people worldwide rely on money sent from friends and relatives who have migrated abroad for work. This allows migrants to make a world of difference with their regular remittance behaviours, and allow the recipients to do more with their received monies.
The International Monetary Fund has issued warnings to Nigeria against the movement towards dollarisation, as it has increased black market money movement, destabilised the role of the exchange rate, and created unrest for those who rely on remittances. With the newly appointed Central Bank of Nigeria governor’s shift towards creating a safer path for Naira currency, Nigerians are able to feel safer about how they move money to their loved ones.
“With every innovation and feature we develop and invest in, customer needs are at the forefront of our minds,” said Mark Lenhard, CEO, Zepz. “Enabling Naira currency for this expansive community is a necessary and obvious choice to ensure Nigerians around the world are able to access reliable, safe methods of money movement.”
To send money in Naira, WorldRemit users simply select ‘Nigeria NGN’ and then have the option to select Cash Pick-Up for the receive method. In most cases, transfers sent using WorldRemit arrive within minutes, making sending money to loved ones easier than ever.
To learn more about sending Naira, visit worldremit.com.
About WorldRemit
We are a leading global payments company and, along with Sendwave, part of Zepz, a group powering two global remittance brands.
We disrupted an industry previously dominated by offline legacy players by taking international money transfers online – making them safer, faster and lower cost. We currently operate in more than 5,000 money transfer corridors worldwide and as part of Zepz, are part of a 1,400 person global workforce.
Sending money with WorldRemit is 100% digital (cashless), increasing convenience and enhancing security. For those receiving money, we offer a wide range of options, including bank transfer, cash pickup, airtime top up and mobile money.
Backed by Accel, TCV and Leapfrog – WorldRemit’s headquarters are in London, United Kingdom, with regional offices in the United States, Poland, Canada, Australia, Hong Kong, Singapore, Malaysia, the Philippines, South Africa, Somaliland, Uganda, Kenya, Rwanda, Tanzania, Zimbabwe and Belgium.
About Zepz
Zepz Group is the group powering leading global remittance brands: WorldRemit and Sendwave. Since 2021, Zepz Group has been disrupting an industry previously dominated by offline legacy players by reducing the barriers to finance and increasing safety and convenience for users. Every day, Zepz Group and its brands work towards unlocking the prosperity of cross-border communities through finance and technology – driven by the vision of a world that celebrates migrants’ impact on prosperity, at home and abroad.
Zepz Group brands have helped cross-border communities send over $15bn from 50 countries, to recipients in 130 countries in 2022, and operate over 5,000 money transfer corridors worldwide. Zepz Group employs over 1,400 people globally as a remote-first employer, with team members located across six continents.
Media Contact:
Kelsey Costales
[email protected]
View original content:https://www.prnewswire.co.uk/news-releases/worldremit-adds-naira-currency-as-payout-option-for-customers-sending-money-to-nigeria-301876535.html
PANAMA CITY, March 31, 2025 /PRNewswire/ — K9 Finance DAO, the leading liquid staking platform and largest validator on the Shiba Inu Layer-2 blockchain, Shibarium, is joining the Google Cloud for Startups Program, which will allow it to utilize Google Cloud credits and access Google Cloud’s infrastructure and technologies.. This will power the development of critical infrastructure on Shibarium by enhancing the ecosystem’s scalability, security, and liquidity through innovative decentralized finance (DeFi) solutions. Additionally, K9 Finance DAO’s membership in the Google for Startups Cloud Program will support the creation of AI-powered DAO governance and operational tools, such as an AI agent to streamline community participation, further strengthening K9 DAO’s role in the Shiba Inu ecosystem.
“We’re honored to join the Google for Startups Cloud Program,” said Buzz, K9 DAO lead. “This accelerates our mission to bring advanced decentralized finance tools to Shibarium’s infrastructure. It also gives significant room to innovate in the AI sector for the Shiba Inu community.”
K9 Finance DAO enables users to stake their BONE tokens, receiving liquid tokens in return that unlock a range of DeFi opportunities while keeping assets accessible.
As the largest validator on Shibarium, K9 Finance DAO secures the network with over 2.5 million BONE tokens delegated to its validator, maintaining a perfect 100% uptime, according to Shibarium’s validator data. This leadership role reinforces Shibarium’s decentralization and reliability. Additionally, K9 Finance holds the highest Total Value Locked (TVL) on Shibarium, currently at $1.31 million, as reported by DeFiLlama and https://defillama.com/chain/Shibarium, highlighting its dominance in the ecosystem’s DeFi landscape.
K9 DAO has also open-sourced all Shibarium blockchain data using Google’s BigQuery to give further transparency to the ecosystem and give future builders the tools they require to create a decentralized financial future within the Shib Inu community.
About K9 Finance DAO
K9 Finance DAO is the official liquid staking platform and largest validator on Shibarium, committed to advancing DeFi within the Shiba Inu ecosystem. By allowing BONE holders to stake their tokens, earn rewards, and participate in governance with liquid assets, K9 Finance drives innovation and strengthens Shibarium’s infrastructure. Learn more at https://www.k9finance.com.
Photo – https://mma.prnewswire.com/media/2654032/K9_Finance.jpg
View original content:https://www.prnewswire.co.uk/news-releases/k9-finance-dao-joins-google-for-startups-cloud-program-302415906.html
Blockchain Press Releases
MEXC Confirms Listing of GUNZ (GUN), Launches 180,000 USDT Prize Pool for Users
VICTORIA, Seychelles, March 31, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, confirms the upcoming listing of GUNZ (GUN) on March 31, 2025(UTC). To celebrate this listing, MEXC is launching a special event with a prize pool of 180,000 USDT for new and existing users.
GUNZ (GUN) is a Layer-1 blockchain developed by Gunzilla Games, designed to power AAA Web3 gaming. Originally created to support the community-driven economy for Gunzilla’s flagship title, Off The Grid (OTG), GUNZ has evolved into a full-featured platform offering blockchain-native infrastructure essential for modern game development. By leveraging blockchain technology, GUNZ aims to provide both developers and players with the tools needed for a decentralized, secure gaming ecosystem.
To celebrate the listing of GUNZ (GUN) on MEXC, the exchange has launched an exclusive Airdrop+ event with substantial rewards for participants:
Event Period: Mar 28, 2025, 11:00 (UTC) – Apr 11, 2025, 11:00 (UTC)
Benefit 1: Deposit and share 90,000 USDT in Futures bonus (New user exclusive)
Benefit 2: Spot Challenge — Trade to share 10,000 USDT in Futures bonus (For all users)
Benefit 3: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 4: Invite new users and share 30,000 USDT in Futures bonus (For all users)
The listing of GUNZ (GUN) not only broadens MEXC’s asset portfolio but also underscores MEXC’s first-mover advantage in bringing innovative blockchain projects to its users. MEXC has solidified its position as an industry leader through its efficient asset listing strategy and broad selection of trend tokens. In 2024, MEXC introduced 2,376 new tokens, with 1,716 of those being initial listings.
According to the latest TokenInsight report, MEXC leads the industry with the highest number of spot listings at 461 and the fastest listing speed. Additionally, the exchange consistently adds new tokens in bi-weekly cycles, showcasing its exceptional ability to quickly capture market trends.
MEXC will continue to provide users with early access to promising projects, while leveraging platform advantages such as low fees, deep liquidity, and daily airdrops to ensure an optimal trading experience.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
Photo – https://mma.prnewswire.com/media/2653622/pr_1920_1080.jpg
Logo – https://mma.prnewswire.com/media/2645195/MEXC_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/mexc-confirms-listing-of-gunz-gun-launches-180-000-usdt-prize-pool-for-users-302415443.html
VICTORIA, Seychelles, March 31, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has announced a groundbreaking partnership with Mantle (MNT) to launch an exclusive month-long trading campaign with a prize pool of up to $1,000,000, offering users an opportunity to earn substantial rewards.
The event presents a range of valuable opportunities for users:
- Zero trading fees on MNT Spot and Futures markets, helping users reduce costs and optimize returns.
- Up to 500% APR through MNT staking, offering one of the most competitive yields currently available.
- Token rewards via Launchpool, where users can stake USDT, MX, or MNT to earn additional MNT tokens and exclusive benefits.
Additionally, users can join the Deposit & Trade campaign, designed with a low entry threshold—ideal for newcomers looking to explore the ecosystem. For seasoned traders, the Futures Trading Competition provides a platform to demonstrate their trading expertise, climb the leaderboard based on trading volume, and compete for a share of the $300,000 prize pool.
Event Overview
Period: March 31, 2025, 10:00 – April 30, 2025, 10:00 (UTC)
During the event period, users can participate in the following MNT-related activities on the platform by clicking on the links below.
Event 1: MNT trading (Spot and Futures) is available with zero trading fees.
Event 2: Users who deposit and trade MNT on the Spot market may qualify to share a pool of 113,340 MNT.
Event 3: MNT staking offers returns of up to 500% APR, subject to platform terms.
Event 4: A Futures Trading event allows participants to compete for a share of 300,000 USDT in bonus rewards.
Event 5: The MNT Launchpool enables users to stake selected tokens in exchange for a portion of 240,000 MNT in rewards.
As a pioneering Layer-2 scaling solution for Ethereum, Mantle uses Optimistic Rollup technology to lower transaction costs and improve network performance. This collaboration highlights MEXC’s leadership in backing innovative blockchain projects and its unwavering commitment to offering users diverse, cutting-edge trading opportunities, lowering costs and helping them maximize their potential returns.
Looking ahead, MEXC is committed to continuously enhancing the trading experience by introducing innovative features, expanding user opportunities, and launching new initiatives aligned with the dynamic nature of the cryptocurrency market.
For further details on the event, please see the official announcement.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
Photo – https://mma.prnewswire.com/media/2653614/1920×1080.jpg
Logo – https://mma.prnewswire.com/media/2645195/MEXC_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/mexc-unveils-mnt-promotion-offering-up-to-1-million-in-rewards-302415363.html
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