Ripple CEO: Facebook Libra Cryptocurrency Push Makes Me Happy

Ripple CEO Brad Garlinghouse is adamant that Facebook’s unveiling of its Libra cryptocurrency will lead to big business for his banking software and cryptocurrency startup. “This is going to be a record week for Ripple,” Garlinghouse gushed Thursday during Fortune’s Brainstorm Finance conference in Montauk, N.Y. Garlinghouse said it was a “fact” that Facebook’s Libra […]

MoneyGram Surges 155% as Crypto Hype Feels a Bit Like 2017

MoneyGram International Inc. soared as much as 155% in early trading after a tie-up with blockchain-technology company Ripple. The rally is reminiscent of late 2017, when a wave of small-cap stocks saw valuations multiply as they re-branded as blockchain companies. The difference is that MoneyGram is an established company with about 2,400 staff and $1.4 […]