Binance Freezes $4.2M Worth of XRP From the Hack on Ripple Co-Founder
TL;DR Co-founder of Ripple, Chris Larsen, fell victim to a cyber attack on his personal account resulting in the theft of 213 million XRP, valued at
Ripple is a digital payment protocol and cryptocurrency founded in 2012. Its native cryptocurrency, XRP, is used to facilitate fast and low-cost international money transfers.
Ripple’s network operates on a decentralized blockchain, but unlike Bitcoin and other cryptocurrencies, it does not require mining. Instead, transactions are validated through a consensus algorithm, which allows for faster processing times and lower fees. Ripple’s technology has been adopted by various financial institutions and payment networks, making it a popular choice for cross-border payments and remittances.
TL;DR Co-founder of Ripple, Chris Larsen, fell victim to a cyber attack on his personal account resulting in the theft of 213 million XRP, valued at
TL;DR Major Crypto Contributions: Leading cryptocurrency companies, including Coinbase and Ripple, have donated millions to the Fairshake Political Action Committee (PAC). Fairshake PAC’s Role: As a super PAC,
TL;DR The United States Securities and Exchange Commission dropped the case against DEBT Box to avoid sanctions, highlighting problems in its handling and drawing pro-XRP criticism
TL;DR The hack: 213 million XRP ($112M) stolen, triggering concerns and illicit transactions. Impact on XRP: XRP price falls to $0.5070, aggravating bearish trend with -19%
TL;DR @XRPcryptowolf, with 319,500 followers, doubts an XRP ETF in 2024, comparing it to the widespread approval of the Bitcoin ETF. @Christo4489 sees an XRP ETF
TL;DR David Schwartz, CTO of Ripple, publicly endorsed a governance proposal for the XRPL Foundation. David Fuelling’s proposal aims to improve transparency and democracy in XRPL
The U.S. Securities and Exchange Commission (SEC) has escalated its legal stance against Ripple. The regulatory body filed a new request to compel Ripple to provide
In the recent SEC v. Coinbase hearing, Ripple’s Chief Legal Officer, Stuart Alderoty, has exposed what he alleges to be significant misconduct by the SEC. Alderoty’s
In the dynamic world of digital currencies, David Schwartz, Ripple’s CTO, recently addressed the crypto community’s concerns about the absence of the genesis block on the
Ripple, the San Francisco-based fintech firm, decided to pause its plans to go public in the United States. Ripple CEO, Brad Garlinghouse, announced at the World
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
© Crypto Economy