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.
Variants and Vaccines, Robinhood Under Fire & World's Biggest Rollercoaster
Robinhood and other online trading platforms are moving to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors.
John Banovetz, chief technology officer at 3M, spoke with Cheddar about how we can better prepare for future pandemics based on lessons learned from COVID.
Michael Ellison, CEO and co-founder of CodePath, spoke to Cheddar about the need for Big Tech to invest earlier in the worker pipeline to improve diversity among their ranks.
General Motors has set a goal of making the vast majority of the vehicles it produces electric by 2035, and the entire company carbon neutral, including operations, five years after that.
Facebook capped a tumultuous 2020 with soaring earnings in the final quarter, its user base boosted by people staying home and its revenue buoyed by a shift to digital advertising amid the pandemic.
Sara Luchian, director of passenger experience at Virgin Hyperloop, spoke to Cheddar about managing perceptions about the proposed high-speed rail project.
In the David and Goliath saga that has been captivating and confusing Wall Street recently, Goliath has fallen.
Washington Mystics forward Aerial Powers spoke to Cheddar about championing women in the world of video games and esports.
Easily track health stats like hydration and body composition through this smart strap and accompanying app.
