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.
Approximately 225 million XRP, valued at $281 million, is used as collateral for $151.8 million in stablecoin loans through Maple Finance, with major repayments due in December 2026 and January 2027. These loans allow institutions to borrow dollars a...
Bitcoin increased by 0.80% to $77,566 on October 31, while the total cryptocurrency market capitalization declined by 2.05% to $2.63 trillion. Other major cryptocurrencies like Ether, BNB, Solana, Dogecoin, and XRP saw modest gains under 1%. Morpho l...
Following the Binance hack, Bitcoin, Ethereum, XRP, and BNB all saw increased volatility with varying declines. Bitcoin showed resilience, dropping only 6.5% from its recent high and maintaining support around $76,000. BNB fell 14%, impacted by its B...
XRP reserves on Binance have dropped to their lowest level since December 2022, falling by 220 million tokens in just two days. This decline extends to other exchanges like Bybit and Bithumb, reducing the amount of XRP available for immediate trading...
Crypto analyst Archie noted that XRP's current chart pattern and RSI value of 39 closely resemble its setup in November 2024, which preceded a parabolic price increase. He identified an inverse head-and-shoulders pattern nearing completion on the two...
