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.
Advertising analytics company DoubleVerify found in a report that there was a 21 percent increase in "inflammatory news and political content" on websites following January 6.
Sen. Mark Warner (D-Va.) discussed the need for stronger cybersecurity measures for the U.S. prior to the Senate Intelligence Committee hearing on the SolarWinds data breaches in 2020.
A bone cancer survivor who's now a physician assistant will join a billionaire on SpaceX's first private spaceflight this fall.
Owlet Baby Care has announced its merger with Sandbridge Acquisition Corporation, a special purpose acquisition company.
Boeing has recommended that airlines ground all 777s with the type of engine that blew apart after takeoff from Denver this weekend, and most carriers that fly those planes said they would temporarily pull them from service.
500K Covid Deaths, Texas Utility Bills & Arctic Milestone
The surge in pricing is hitting people who have chosen to pay wholesale prices for their power, which is typically cheaper than paying fixed rates during good weather, but can spike when there’s high demand for electricity.
Democrats who were involved in the questioning during the House Financial Services Committee hearing on the GameStop stock controversy spoke to Cheddar about what they felt they learned.
President Joe Biden toured a state-of-the-art coronavirus vaccine plant Friday as extreme winter weather across broad swaths of the U.S. handed his vaccination campaign its first major setback.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
