On Monday, the stock market reached new highs: the Dow Jones Industrial Average gained 190.85 points (or 0.68%) and achieved 28,066.47 by the end of the day, the Nasdaq Composite increased by 1.32% up to 8,632.49, while S&P 500 gained 0.8%. The biggest gains have been made by technology and health care companies. Such companies as Amazon, Apple, Netflix, Intel, Alibaba, Tesla, Disney, and more have enjoyed growth in stocks. For example, Intel rose 2%, Amazon gained 1.61%, Gilead Sciences...
Read More »TransferGo Set to Move to Ripple’s On-Demand Liquidity that Uses XRP
Last year, the U.K. payment remittance platform TransferGo, announced that it had entered a partnership with Ripple and joined RippleNet, with a focus of helping Indian migrants in the U.K. make cross-border payments back to their families. However, the company has now announced that it will take the relationship a notch higher, and move its business to Ripple’s On-Demand Liquidity (ODL) which uses XRP.Speaking about the move, CEO Daumantas Dvilinskas has suggested that ODL will shoot the...
Read More »UK Labour Leader Calls Jeff Bezos to Pay Taxes after his $98.5 Million Donation
Amazon CEO Jeff Bezos, one of the world’s richest man, has been criticized once again for not doing enough with tax payments. The CEO announced a $98.5 million donation to 32 different organizations in an effort to tackle homelessness and also improve the quality of education in low-income communities, as part of his Bezos Day One Fund. Even though Bezos has also been criticized for also not doing enough with philanthropy, this recent donation didn’t do much to calm one of his most outspoken...
Read More »Booking.com Joins Hands with Crypto-Friendly Travel Booking Platform Travala.com
As part of a major Strategic Partnership Agreement online travel giant Booking.com has joined hands with crypto-friendly travel platform Travala.com. The official announcement came from Travala on Monday, November 25.Over the last two years, Travala has expanded its services by allowing its users to pay for their hotel bookings in cryptocurrency. Besides, the announcement says that Travala has already integrated Booking.com’s accommodation to its platform. With this major collaboration,...
Read More »BNY Mellon Joins Trade Finance Blockchain Marco Polo Aiming to Go Live Quickly
The latest reports have revealed that the Bank of New York Mellon has officially joined the Marco Polo trade finance consortium. This consortium is known to run on R3’s Corda and BNY Mellon has become the 28th bank to join. The bank has been constantly investing in the blockchain space since 2015. As we highlighted previously, the investments have significantly increased in recent months.The $373-billion asset bank is reportedly evaluating Marco Polo’s technology intending to onboard clients...
Read More »Ripple Finishes $50M Investment in MoneyGram
Financial services company MoneyGram International Inc. announced on Monday that a provider of leading enterprise blockchain solutions for global payments Ripple Labs, completed its final $20 million investment in MoneyGram equity consistent to its primarily $50 million equity investment commitment that the company made earlier this year.The price of share Ripple paid was $4.10 that seems to be pretty much higher than MoneyGram’s current price on the market. As per the announcement, the...
Read More »International Stardom Made Possible with Fight to Fame
Reality shows have always given the average person the idea and the chance that anybody can be a star.And while that’s true, not everybody is fortunate to actually have a smooth road to stardom – some won’t even get to travel down that road. Luck just isn’t on everybody’s side and that’s quite a hard pill to swallow.But one reality show chooses to challenge that status quo. Fight to Fame is an up-and-coming reality show that will help propel the careers of the qualifiers and will also give...
Read More »Binance Launchpad Platform Announces Troy Trade IEO
Binance yet again greets us as “Binancians” and announces a new project called Troy (TROY) on its Binance Launchpad platform. If you have ever participated in a lottery format token sales, then you already know how it is, but if not, let us explain. Binance already started recording user balances on November 3, 2019. Generally, Binance will record user BNB balances until December 3, 2019 (for a whole month), and the final BNB balance will determine the average BNB amount in the user account,...
Read More »#758 Ripple Moneygram Anteile, Neue Sibirische BTC Mining Farm & Booking.com mit Krypto zahlen
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 758. Heute sprechen wir über folgende Themen: Ripple erwirbt weitere Moneygram-Anteile, Neue sibirische Bitcoin-Mining-Farm & Travala Krypto-Bezahlung für alle Booking.com Hotels 1.) Ripple erwirbt weitere Moneygram-Anteile für 20 Millionen US-Dollarhttps://www.btc-echo.de/ripple-erwirbt-weitere-moneygram-anteile-fuer-20-millionen-us-dollar/ 2.) Neue sibirische Bitcoin-Mining-Farm ist die größte in...
Read More »Vitalik Buterin Highlights Achievements and Fails of the Cryptocurrency Industry
Vitalik Buterin, co-founder of Ethereum, divided the problems into three major categories. The first one is the cryptography related stuff that hasn’t been solved. Despite the industry’s rush to achieve new levels of privacy and scalability, the most important goals are still in progress. The second one is consensus theory, which makes it easy to change and upgrade mining (Proof of Work) and staking (Proof of Stake) algorithms. And finally, Vitalik explains how incentives are essential in...
Read More »