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September 4, 2026
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Three Detained Over Kidnapping With Bitcoin Ransom

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Three Detained Over Kidnapping With bitcoin Ransom

Three suspects were detained in connection with a kidnapping in which they demanded bitcoin as a ransom.

Ethereum World News
Ripple (XRP) Finding Support by Hollywood Start Ashton Kutcher
Blockchain effect

$4.000.000 worth of Ripple’s token XRP has been just donated by Two and a Half Men TV show star Ashton Kutcher to Ellen DeGeneres – popular US TV host, who owns a charity for wildlife. With the target to support a Gorilla conservation project, Kutcher did the good deed, as reported by Bitrazzi:

“On Wednesday morning, Ashton Kutcher had a surprise for Ellen DeGeneres. The renowned actor, together with business partner Guy Oseary, were at Ellen DeGeneres’ show to announce a huge donation to The Ellen DeGeneres Wildlife Fund. The 40 year old actor, together with his partner, announced that they are donating $4 million to help the conservation of gorillas in the world. The donation was in the form of XRP, Ripple’s scalable digital asset which allows for real-time global payments from anywhere in the world.”

The 40 year old actor, together with his partner, announced that they are donating $4 million to help the conservation of gorillas in the world. Keeping in mind that the act was done using Ripple’s XRP that is its scalable digital asset, we see what kind of use cryptocurrencies can find. What makes it even better, is that Ripple is perfect for the case as it allows real-time cross-border transaction to happen from anywhere the globe.

Kutcher and Oseary are big names in Ripple, having invested millions of dollars worth of XRP, and the donation was their way of giving back to the society.

The tech-market is not new to Kutcher, as he invested before [big time] in a payment processing platform that merchants use for bitcoin payments – Bitpay.

Bach in March, the Cryptocurrency, Ripple (XRP), has donated $29million to develop the United State public schools as a reply to over 35,000 funding appeals from teachers via DonorsChoose charity fund.

The philanthropic act would effect changes in the lives of close to one million students “who will be given books, school supplies, technology, field trips, and other resources vital for learning through DonorsChoose.org,” Ripple made known in a statement to its community on March 27.

The post Ripple (XRP) Finding Support by Hollywood Start Ashton Kutcher appeared first on Ethereum World News.

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Bitcoin’s Average Transaction fee Surpasses $50 as Network Issues Remain

Without sounding like a broken record, the bitcoin network fees are getting more ridiculous. Although this issue has been present for some time now, things are not improving. In fact, the average transaction fee is now well over $50. This is the highest it has been for quite some time. When and if this solution will be resolved, remains to be determined. Right now, it seems unlikely anything will change soon.

Using bitcoin is expensive beyond belief. It is not what Satoshi Nakamoto envisioned originally, that much is rather evident. In fact, the goal was to make bitcoin scale and accommodate more transactions over time. So far, that hasn’t happened. This is mainly due to companies struggling to integrate Segregated witness support. In some cases, they are purposely delaying this development as well. Something will have to give before the average transaction fee surpasses $100.

Average Transaction fee Keeps Rising

Although most people stopped caring about these high fees, it’s still an important issue. After all, if the average transaction fee keeps rising, things will get out of hand very quickly. Right now, it’s far too expensive to use bitcoin as a payment method. Nor is it a suitable way to combat high remittance fees. bitcoin has become too expensive for its own good and people grow tired of it. Unfortunately, paying this average transaction fee is the only solution right now.

Surprisingly, none of this is affecting the number of transactions. With nearly  350,000 processed in the past 24 hours, things are still looking good. Moreover, nearly 11% of the total market cap was transacted in the past day. Those numbers are still positive despite the glaring issues bitcoin brings to the table. It also seems the average transaction value is on the rise. This may be due to the average transaction fee mounting. Otherwise, it would make little sense for users to even spend BTC.

How all of this will pan out, is a big question. After all, it is evident this average transaction fee has to come down. Enforcing such a change will not be easy whatsoever. In fact, it may require some drastic changes no one is willing to pursue. All of this also makes bitcoin Cash look far more superior. The next few days and weeks may very well be critical to bitcoin’s survival in terms of being a “useful currency”. For now, things can easily go either way. It’s still a good store of value if you can stomach 30% dips overnight.  

The post Bitcoin’s Average Transaction fee Surpasses $50 as Network Issues Remain appeared first on NEWSBTC.

Why traders lean toward optimism this weekend

Why Traders Lean Toward Optimism This Weekend

Why Traders Lean Toward Optimism This Weekend In the past 24 hours, the bitcoin price has remained relatively stable at $5,000, at one point briefly surpassing $5,100 following a rebound from $4,900. On April 12, […]

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