Hacken, a leading cybersecurity firm, has uncovered evidence suggesting an inside job in the recent hacking of Ripple co-founder and chairman Chris Larsen’s personal wallets. The sophisticated breach led to the loss of 213 million XRP, amounting to $112.5 million, and has since been under the microscope for its potential implications on Ripple’s internal security
Month: February 2024
Talks about a Ripple Initial Public Offering (IPO) have continued to reverberate around the crypto community. This time, crypto expert Zach Rector has highlighted how successful that event could be if Ripple becomes a publicly traded company. Can Ripple’s IPO Become The “Biggest Ever”? In a video posted on his YouTube channel, Rector posed a
Ethereum (ETH) has made significant strides in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet. This is seen as a crucial step towards deploying the upgrade on the mainnet, signaling Ethereum’s progress in improving transaction efficiency, and scalability and reducing transaction fees by up to 90%. As
Former Securities and Exchange Commission (SEC) Chair Jay Clayton recently commented on the long-running battle between the SEC and Ripple. Going by his remarks, there is reason to believe that the case isn’t coming to an end anytime soon. SEC Could Appeal Court’s Ruling In an interview with Henri Arslanian, the host of the Future
Yesterday, in a significant development in the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC), US District Judge Sarah Netburn granted the SEC’s request for Ripple to disclose more comprehensive financial details and information about its institutional sales of XRP. The court’s decision mandates Ripple to present its financial statements for
In a recent interview, Ripple’s Chief Technology Officer (CTO), David Schwartz, discussed the company’s plans to expand beyond its current focus on payments into a wider range of use cases. This pivot comes against the backdrop of the cryptocurrency industry’s evolving landscape and Ripple’s ongoing efforts to innovate within it. Ripple Is Still Committed To
Ethereum (ETH), the second largest cryptocurrency asset, is anticipated by several well-known analysts in the crypto industry to undergo a price surge in the upcoming months as the market is seeing a wave of bullish momentum. Ethereum Poised To Go Parabolic In The Upcoming Months Altcoin Daily crypto analysts have revealed three major factors that
Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, has seen a significant exodus from centralized exchanges in recent weeks, with data suggesting a growing preference for holding the asset outside of trading platforms. At the time of writing, ETH was trading at $2,289, down 0.7% in the last 24 hours, but managed to gain
Kraken has secured a major victory in an ongoing legal battle between Ripple and a group of XRP investors. The crypto exchange intervened in the lawsuit to protect its customers’ data, arguing that the information of these individuals shouldn’t be released without their permission. What Kraken’s Victory Means For Its Customers The court ruled that