Investment
Features
FeesSafety
Academy
More
Pluang+

Ripple's David Schwartz warns of a fake Ripple site scamming XRP holders with a crypto wallet drain.

Market News
05 Aug 2026
UToday
View Source
Bearish
Ripple's David Schwartz warns of a fake Ripple site scamming XRP holders with a crypto wallet drain.

A new scam website nearly identical to Ripple's official site has been targeting long-term XRP holders by promising exclusive rewards for patient investors. The fake site uses Ripple's branding and tricks users into approving transactions that drain their XRP wallets. David Schwartz, Ripple's XRP Ledger chief architect, publicly exposed the scam to protect the community. This phishing attack is part of a broader wave of social engineering scams hitting the XRP ecosystem, emphasizing the need for caution as transactions on the XRP Ledger are irreversible once approved by users.

More News (XRP)

SEC approves Nasdaq rule citing XRP with Bitcoin and Ether, enabling more flexible crypto ETFs.

SEC approves Nasdaq rule citing XRP with Bitcoin and Ether, enabling more flexible crypto ETFs.

The SEC approved changes to Nasdaq Texas Rule 5711(d), explicitly naming XRP alongside Bitcoin, Ether, and Solana as digital assets meeting commodity-based trust standards. This approval allows crypto trusts to hold at least 85% in qualifying assets ...

Market News
Bullish
8 hours ago
AI-driven payments on XRP Ledger near 4M transactions with 29% growth in 4 days despite XRP price dip

AI-driven payments on XRP Ledger near 4M transactions with 29% growth in 4 days despite XRP price dip

AI-powered payments using XRP and Ripple USD on the XRP Ledger have surged to nearly 4 million transactions, growing 29% in just four days. This rapid increase highlights strong adoption of XRPL's x402 protocol for autonomous machine payments, even a...

Protocol Fundamentals
Neutral
8 hours ago
XRP must break $3.66 resistance to confirm a bullish breakout targeting $60 amid strong ETF inflows.

XRP must break $3.66 resistance to confirm a bullish breakout targeting $60 amid strong ETF inflows.

XRP dropped to $1.41 following strong US employment data and heavy long liquidations, but remains active with high spot volume and ETF inflows exceeding $1.66 billion. Analyst Ali Martinez highlights $3.66 as a key monthly resistance level; a close a...

Market News
Bullish
10 hours ago
XRP dips to $1.40 as strong US jobs data raises Fed rate hike odds to 51%, despite BIS testing XRP Ledger.

XRP dips to $1.40 as strong US jobs data raises Fed rate hike odds to 51%, despite BIS testing XRP Ledger.

XRP fell to around $1.40 following stronger-than-expected US jobs data that increased the probability of a Federal Reserve rate hike to 51%, triggering a broader crypto market selloff. Meanwhile, the Bank for International Settlements (BIS) published...

Market News
Bearish
13 hours ago
Ripple CEO highlights $11B gold transfer to show blockchain can speed asset ownership without moving gold.

Ripple CEO highlights $11B gold transfer to show blockchain can speed asset ownership without moving gold.

De Nederlandsche Bank recently relocated about 86 tonnes of gold from North America to London, but most of it was transferred by selling in New York and repurchasing in London, rather than physically moving the gold. Ripple CEO Brad Garlinghouse uses...

Protocol Fundamentals
Bullish
13 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App