The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

$4 Million XRP Donation from Ashton Kutcher to Ellen DeGeneres Gives Celebrity Shine to Cryptocurrencies

by Daily Hodl Staff
May 24, 2018
in Altcoins

Ripple’s XRP showed off its prime-time speed when Ashton Kutcher surprised Ellen DeGeneres on air with a gift of $4 million in the cryptocurrency. The donation was made as a late birthday present to the celebrated talk show host’s wildlife charity on behalf of Ripple. Kutcher had DeGeneres push a button on his smartphone to trigger the transfer. The $4 million XRP transaction occurred in seconds to a delighted DeGeneres.

Kutcher gave Ripple a major plug to Ellen’s millions of views calling it “really, really interesting.” Kutcher also did a lot to clarify the relationship between Ripple and XRP.

“We found this company, and we thought it was really, really interesting, and it runs on this stuff. It’s called XRP, which is a cryptocurrency. Basically, it’s just a way to get value from here to there.”

Kutcher then got emotional as he explained how he and his business partner Guy Oseary had a meeting with Ripple execs Chris Larsen and Brad Garlinghouse. They chronicled the many gifts Ellen has bestowed on others in need over the years and mentioned how she herself was not the recipient of a major donation. That’s when Kutcher pulled out his phone and declared, on behalf of Ripple, the XRP donation. In lieu of an Ed McMahon-sized giant check to signify the large gift, Ellen’s producers projected Ripple’s mobile app onto the stage. Kutcher explained that a simple touch of the button would transfer all of the XRP to Ellen’s account instantly, transferring it into Rwandan francs “right here, right now” for her humanitarian mission. No bank required.

After Ellen tapped the button on his phone, the stage lit up with a large Ripple logo as the audience roared with a round of applause over the cryptocurrency transaction.

The moment highlighted the power of celebrities to convey how easy it is to use cryptocurrencies. Ripple touts a transaction speed of 1,500 transactions per second, 24×7. The company says it can scale to handle the same throughput as Visa.

Ripple offers a suite of products and platforms that have been tested by several banks including Santander which uses Ripple’s xCurrent technology for its international money transfer service, OnePayFX. Ripple has a reputation among banks for having secure technology that can handle huge volumes.

Ripple’s XRP was recently added to new banking app Revolut. The US Aviation program TapJets just announced its latest move to add XRP as a payment option.

XRP is currently the third largest cryptocurrency by market cap, after Bitcoin and Ethereum.

Kutcher and Oseary are invested in Ripple via Sound Ventures, their tech investment fund. Their latest portofolio news includes updates from Mark43, Warby Parker, Airbnb and popular trading app Robinhood.

Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Bunzz Raises $4.5 Million Seed Round To Expand Its Smart Contract Hub for DApp Development
    January 24, 2023
  • Dogecoin and Shiba Inu Better Watch Out – Floki Just Had Three Big Things Happen for It
    January 24, 2023
  • Crypto Marketing – What Initiatives Will Bring More Value and Users in 2023
    January 23, 2023
  • Make Crypto Payments on BChat Web 3.0 Messenger – BChat Integrates Beldex Wallet
    January 22, 2023
  • KEY3.id Supports Multi-Chain Transaction, Partnership With KuCoin Wallet, CoinHub Wallet and Wallet3 To Launch 2023 Lucky Transaction Campaign With Over 30,000 Participants on Social
    January 20, 2023
  • Deposit EUR/GBP at Zero Percent Fees With Newly Launched SEPA/FPS Channels on Bitget
    January 19, 2023
  • Coinbase Lists Kava, Advancing Ethereum–Cosmos Interoperability
    January 18, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$22,735.09
$22,735.09
4.2%
Ethereum
$1,558.04
$1,558.04
4.89%
Cardano
$0.371416
$0.371416
6.05%
XRP
$0.396049
$0.396049
4.48%
Dogecoin
$0.087387
$0.087387
2.87%

Spotlight

  • Largest Crypto Hedge Fund in the World Says DeFi Will Drive the Next Crypto Bull Market
    January 24, 2023
  • Billionaire Dogecoin Advocate Elon Musk Doubles Down on Offer To Eat Happy Meal on TV if McDonald’s Accepts DOGE
    January 27, 2023
  • Crypto Strategist Who Nailed 2023 Bitcoin Rally Says Real BTC Move Is Yet To Come – Here Are His Targets
    January 23, 2023
  • Top Bloomberg Analyst Says Bitcoin (BTC) Should Add Another Zero To Price – But There’s a Catch
    January 25, 2023
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl