Advertisement
Canada markets closed
  • S&P/TSX

    22,011.72
    +139.76 (+0.64%)
     
  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • CAD/USD

    0.7319
    +0.0018 (+0.25%)
     
  • CRUDE OIL

    83.34
    -0.02 (-0.02%)
     
  • Bitcoin CAD

    90,711.77
    -456.85 (-0.50%)
     
  • CMC Crypto 200

    1,429.68
    +14.92 (+1.05%)
     
  • GOLD FUTURES

    2,335.60
    -6.50 (-0.28%)
     
  • RUSSELL 2000

    2,002.64
    +35.17 (+1.79%)
     
  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     
  • NASDAQ futures

    17,674.50
    +67.75 (+0.38%)
     
  • VOLATILITY

    15.69
    -1.25 (-7.38%)
     
  • FTSE

    8,044.81
    +20.94 (+0.26%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • CAD/EUR

    0.6836
    -0.0014 (-0.20%)
     

Twitter's Bitcoin Tipping Feature Could Be a Fatal Disrupter to Entire Wire Transfer Industry

Every major bank or international wire transfer service provider has been put on notice. On Thursday, Twitter launched a new "tipping" feature for its Apple iOS users, enabling them to send dollarized amounts of Bitcoin to their favorite content creators for free. In actuality, it's anything but quaint for the banks and wire transfer services that make money by charging fees.