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.
After a union battle at an Alabama warehouse, Amazon founder Jeff Bezos said that as executive chairman he will focus on making the company a better place to work.
Uber to consider cannabis delivery if federal legislation legalizes the industry. Cheddar's Chloe Aiello reports.
Enthusiast Gaming CEO Adrian Montgomery joined Cheddar about the esports and video game media company's plan to go public.
Coinbase has made a rousing debut on Wall Street. The digital currency exchange’s stock rose as high as $429, briefly giving it a market value over $100 billion.
CEO and founder of the autonomous vehicle startup Udelv, Daniel Laury, spoke to Cheddar about partnering with Mobileye in order to improve the tech for a rollout of 35,000 driverless delivery vehicles by 2028.
Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a cash deal worth $16 billion.
Topps, the baseball card and candy company, is putting its latest series of collectible cards on the WAX Blockchain in the form of non-fungible tokens (NFTs) — digital assets that are moving in on the world of physical collectables.
Cheddar senior reporter Michelle Castillo visited the world’s first NFT art gallery Superchief Gallery NFT
Many hope that part of Biden’s latest $2 trillion infrastructure plan would help fund construction for a decades-old proposal for a 200 mph high-speed line that could take passengers from Boston to New York City in 100 minutes.
Ben Kohn, Playboy CEO, joined Cheddar to discuss the lifestyle brand's foray into NFTs and hopes for legal THC.
