David Schwartz, Ripple's CTO Emeritus, has issued a warning to XRP Ledger users about a significant increase in fake airdrop and giveaway scams targeting the community. These scams often involve impersonators on platforms like Instagram and Telegram who use familiar executive names and fake reward offers to trick users into phishing attempts or unauthorized wallet access. Schwartz emphasized that any posts claiming to represent him or offering unsolicited rewards are likely scams. This alert highlights ongoing security risks for XRP users, especially through social media, where scammers exploit recognizable names and fake promotions to steal credentials or funds.
Ripple executive Reece Merrick compared the current state of crypto payments to the early days of online shopping, highlighting that both went through a slow infrastructure-building phase before gaining mainstream adoption. He noted that just as e-co...
Ripple's XRP has declined 9% this week, continuing a downtrend since last year due to low network activity and increased supply. The price broke below a key support range and retested it, signaling potential further decline if another low is made. Ho...
Most major cryptocurrencies experienced price declines, including Bitcoin dropping 2.76% to $60,733 and Ethereum falling 3.24% to $1,608.71. Other notable coins like Binance Coin and XRP also saw decreases, reflecting a broad market pullback. A few t...
XRP's availability on Binance has increased significantly, with the Binance Scarcity Index dropping to 0.34, its lowest in over three months. This rise in supply comes as XRP's price fell 3.85% to around $1.06, reflecting growing selling pressure and...
Bitcoin fell sharply below the $60,000 level, hitting around $59,462 after a steep intraday decline driven by a sell-off in tech and AI stocks, sticky inflation, and hawkish Fed policies. The entire crypto market is down, with major coins like Ethere...
