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.
Google says it won’t develop new ways to follow individual users across the internet after it phases out existing ad tracking technology from Chrome browsers in an upcoming overhaul aimed at tightening up privacy.
Singer Grimes raked in $5.8 million over the weekend selling digital art that can only be accessed through NFTs, an increasingly popular way to trade in onlineartwork.
State Representative Marcus C. Evans, Jr. from Chicago filed amendments to an Illinois bill that would further ban games considered to be too violent from reaching the hands of minors.
German carmaker Volvo on Tuesday announced that it will transition its entire model line-up to fully electric by 2030. T
Susan Lucas Collins, global head of healthcare services at cloud communications company Twilio, talked to Cheddar about providing tools necessary to help smooth out the somewhat chaotic vaccine rollout in the United States.
Wellness guru Deepak Chopra and fitness wearables company Fitbit have teamed up in an exclusive partnership called the Mindful Method.
Spacewalking astronauts have installed support frames at the International Space Station for new solar panels arriving later this year.
Following the Senate Intelligence Committee hearing on the widespread SolarWinds cyberattack, cybersecurity experts are pushing the need for private businesses and federal agencies to cooperate closely to prevent future such breaches.
NASA on Friday is named its Washington headquarters after Mary W. Jackson, the space agency's first African American female engineer whose story was portrayed in the popular film "Hidden Figures."
Prabir Adarkar, DoorDash CFO, talked to Cheddar about the delivery service's long-term plans as food businesses and restaurants might be seeing the pandemic's end on the horizon.
