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.
Japan has reclassified XRP, Bitcoin, Ether, and about 100 other cryptocurrencies as financial products rather than payment instruments. This shift could lower tax rates on crypto gains from as high as 55% to a flat 20%, aligning crypto profits with s...
Bitcoin traded near $64,270 on August 5, showing limited gains despite record highs in global stock markets and falling oil prices. The cryptocurrency remains about 49% below its all-time high and faces resistance at $64,300, a key level for confirmi...
U.S. spot XRP ETFs have recorded four consecutive days without outflows, with net inflows totaling about $15.4 million before a flat session on August 4. Despite no new inflows on August 4, the cumulative net inflows remain robust at $1.51 billion, r...
XRP's price hovered near $1.07 on August 5, 2026, showing weak buying momentum and trading close to a crucial support range of $1.05 to $1.06. Despite four consecutive days of inflows into U.S. spot XRP ETFs, the token's price remains confined within...
Bitcoin remained stable around $64,000 despite global stock markets reaching new highs driven by enthusiasm for AI-related shares. Ether was the only major cryptocurrency to decline over the week, falling about 2%. The market showed little reaction t...
