YouTuber Gets Banned by Western Union for Life, Bitcoin Fixes This

A business owner has posted a YouTube video asserting that Western Union inexplicably banned him for life as a result of his dealings in central Africa. Bitcoin fixes this. Ban Comes Without Explanation In the video Ben Taylor, a.k.a. Pleasant Green, discusses the establishment of a photography business in Africa that included charity work. He asserts that for over three years he used Western Union to send money to Liberia without incident. However, after attempting […]

Bitcoin Whale Transfers $468 Million for ‘Low Dollar Fee’

bitcoin whale no-fee transfer

Bitcoin takes a lot of criticism over its ‘unsuitability’ as a payments mechanism but when it comes to low fee transfers the digital-asset is king when compared to the fees charged by traditional remittance houses. Owner 26 Transfers $468.5 Million for How Much? On Monday, Whale Alert, a cryptocurrency transaction tracking bot, tweeted that a Bitcoin whale known as ‘Unknown Owner 26’ moved $468.5 million worth of Bitcoin (49,756) for just $374.98.  While transfers of

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Ripple CEO: ‘Dozens’ of Major Banks Will Use XRP

Ripple — a real-time gross settlement system, currency exchange, and remittance network — will supposedly have “dozens” of banks making use of its XRP-powered blockchain solutions in 2019.  ‘Major banks will use xRapid’ One of the biggest knocks against Ripple — the third-largest cryptocurrency by market capitalization — is that the San Francisco-based blockchain start-up provides very little use for its in-house cryptocurrency coin, XRP. Ripple’s CEO, Brad Garlinghouse, claims those fears are unfounded. According

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Ripple Keeps Making Friends – RippleNet Provides a Gateway to Emerging Markets

There is an ever-growing international need for effective, transparent, and low-cost payments which engage with emerging markets. Ripple appears to be the frontrunner when it comes to providing said service, thanks to a whole slew of new partnerships. Making Waves RippleNet, Ripple’s decentralized global network of banks and payment providers utilizing Ripple’s distributed financial technology, has been garnering all sorts of attention from established financial institutions lately. RippleNet is powered by xCurrent, and provides real-time

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Ripple Keeps Making Friends – RippleNet Provides a Gateway to Emerging Markets

There is an ever-growing international need for effective, transparent, and low-cost payments which engage with emerging markets. Ripple appears to be the frontrunner when it comes to providing said service, thanks to a whole slew of new partnerships. Making Waves RippleNet, Ripple’s decentralized global network of banks and payment providers utilizing Ripple’s distributed financial technology, has been garnering all sorts of attention from established financial institutions lately. RippleNet is powered by xCurrent, and provides real-time

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Ripple and Western Union Testing XRP Transfers

San Francisco-based Ripple has not had the best of starts to 2018. Its cryptocurrency, XRP, has been on a downward slide since the first week of January and has lost almost 70% of its value. However, things could be about to turn around for the company as Western Union is now test driving its transfer technology. The list of banks and financial institutions that are using and testing Ripple’s products is growing by the week.

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