MoneyGram and Ripple testing bank transfers of the XRP cryptocurrency. Fortune Staff Writer Jeff John Roberts explains why this partnership is so significant.
"Unlike Bitcoin or Ethereum, it (Ripple) is centrally controlled," explains Roberts. "This is Ripple's moment of truth because people are speculating on XRP." With transaction fees so high for Bitcoin, some investors are seeing Ripple as a good alternative.
"Ripple is at the forefront of blockchain technology and we look forward to piloting xRapid," MoneyGram CEO Alex Holmes said Thursday. In the release announcing this partnership, both Ripple and MoneyGram promoted the efficiency and speed of this digital currency.
Now that El Salvador is taking bitcoin nationwide, other Central and South American countries are coming forward with their own proposals in what's shaping up to be a regional race to become the next bitcoin hub.
The White House dropped Trump-era executive orders that attempted to ban the popular apps TikTok and WeChat and will conduct its own review.
Criminal gangs that used a secure-messaging app called ANOM unwittingly allowed the FBI and other law enforcement agencies to eavesdrop on their conversations.
Jeff Bezos will be aboard for Blue Origin's first human space flight next month.
Twitter is rolling out a subscription service, starting in Canada and Australia, that offers perks like an undo button for subscribers.
Facebook says it will suspend former President Donald Trump's accounts for two years following its finding that he stoked violence ahead of the deadly Jan. 6 insurrection.
Gas pipelines have long been a vulnerable target due to their value and exposed nature, yet while government agencies have doubled down on physical security, cybersecurity has been overlooked for decades.
Critics of bitcoin's energy use argue that its carbon footprint is way out of proportion with its social value, while supporters assert that bitcoin is no different than the rest of the financial system.
United said Thursday that it reached a deal with startup aircraft maker Boom Supersonic to buy 15 of Boom's Overture jets.
NASA is returning to sizzling Venus, our closest yet perhaps most overlooked neighbor, after decades of exploring other worlds.
