Justin Bons, founder of Cyber Capital, sharply criticized XRP's decentralization claims, accusing Ripple of misleading retail investors about its control over the XRP Ledger. He highlighted a recent software update that enforces closed-source code, which he argues threatens validator independence and transparency. Bons also pointed to Ripple's significant token holdings and influence over validator lists as evidence of centralization, raising concerns about trust and accountability in the XRP network. This controversy revives ongoing debates about Ripple's true control and the network's decentralization status.
XRP is trading at Rp25.105 on Pluang, showing a 1.37% increase in the last day. As of Oct 11, 2026 02:41 WIB, the market cap stands at Rp1.584,07 trillion with a 24-hour trading volume of Rp19,85 trillion, and more buyers than sellers at 58% to 42%.
Bitcoin fell to an October low near $80,420 before recovering to about $83,000 amid heavy selling and large liquidations. Ripple-backed Evernorth, a company focused on XRP digital asset treasury, is set to list on Nasdaq under ticker XRPN on October ...
Agentic payments on the XRP Ledger have surged from about 1 million in July to over 13 million transactions, driven by AI-related demand. This rapid growth, highlighted by former Ripple exec Chandler Fang and RippleX's J.A. Akinyele, reflects increas...
Ripple's escrow system is set to release up to 1 billion XRP on November 1, 2026, as part of its monthly schedule designed to manage XRP supply predictably. Although the release amount is known, it is unclear how much XRP will enter circulation or be...
Ripple will unlock 1 billion XRP from escrow on November 1, continuing its monthly release schedule that began in 2018. Although up to 1 billion XRP is unlocked each month, Ripple typically returns a large portion to escrow, reducing the amount enter...
The XRP Ledger released an emergency update, version 3.4.1, on Sept. 25 to fix two critical security vulnerabilities related to transaction validation and integer overflow in its payment engine. Validators were required to upgrade before Oct. 9 when ...
