Bitcoin $98,800.58 +0.11%
Ethereum $3,313.33 -1.61%
BNB $629.05 +0.88%
Optimism $2.16 +3.39%
Arbitrum $0.79 +0.97%
Solana $255.11 -0.22%
Polygon $0.48 +7.44%
Cosmos $7.41 +15.31%
Avalanche $42.48 +18.77%

Bitcoin $98,800.58 +0.11%
Ethereum $3,313.33 -1.61%
BNB $629.05 +0.88%
Optimism $2.16 +3.39%
Arbitrum $0.79 +0.97%
Solana $255.11 -0.22%
Polygon $0.48 +7.44%
Cosmos $7.41 +15.31%
Avalanche $42.48 +18.77%

Ripple CTO Warns Against XRP Scams as Court Ruling Reignites Hype

Ripple Labs won a court case that declared XRP is not a security, leading to a significant increase in the token's market price. However, Ripple CTO David Schwartz warned investors of potential scams that may arise as a result of the hype.

Scammers often imitate Ripple's official website to promote fake giveaways and airdrops, intending to gain access to victims' crypto wallets. In April 2023, YouTube helped recover a hacked channel with 2.4 million subscribers that was used to promote XRP scams.

XRP $1.47

+21.82%

XRP security

Original Link

Comments

All Comments

Recommended for you

Cosine: After a user used GPT to write a bot with a backdoor code, the private key was sent to a phishing website

SlowMist Yu Xian stated in a post on the X platform that a user used GPT to write a bot with code and sent the private key to a phishing website. The reason why the private key was stolen was because it was directly sent to the phishing website in the HTTP request body. Yu Xian reminded that when using LLM such as GPT/Claude, one must pay attention to the common fraudulent behavior of these LLM. It was previously mentioned that AI poisoning attacks were carried out, and now this is a real attack case targeting the crypto industry.
Polymarket Blocks French Users Amid Government Investigation into Gambling Law Compliance

Polymarket has blocked users from France following reports of an investigation by the country's gaming authority for compliance with gambling laws. The ban was not stated in Polymarket's terms of service, but French users attempting to access the website using a VPN from a French server were met with a digital blockade. The ANJ, France's national gaming authority, began investigating Polymarket after a French trader placed large bets on Donald Trump winning the 2024 US Presidential election.
CointimeSG ·

Texas judge tosses out SEC's expanded 'broker' rule, which broke with 90 years of legal tradition to rope in crypto traders

A Texas court has order the U.S. Securities and Exchange Commission to throw out a controversial rule that broadly redefined the term “dealer” in a move that impacted both crypto-focused and traditional finance firms.
Yao Qian, former director of the Science and Technology Supervision Department of the China Securities Regulatory Commission, was expelled from the party and removed from public office for allegedly u

the Discipline Inspection and Supervision Team of the Central Commission for Discipline Inspection and the National Supervision Commission stationed in the China Securities Regulatory Commission and the Supervision Commission of Shantou City, Guangdong Province, recently conducted disciplinary review and supervision investigations into Yao Qian, former director of the Science and Technology Supervision Department of the China Securities Regulatory Commission and former director of the Information Center, for serious violations of discipline and law.
SlowMist: Will help law enforcement agencies track down the stolen funds from DEXX. Currently, about 2,000 suspicious addresses have been roughly identified.

SlowMist announced on X platform that its team will assist law enforcement agencies in tracking stolen funds and analyzing related clues. A complete list of hacker addresses will soon be released with DEXX. Currently, about 2,000 suspicious addresses have been roughly identified.
DEXX: If all assets are recovered, full compensation will be given immediately

DEXX, the on-chain trading terminal, has released an update regarding the previous security incident. DEXX has officially filed a lawsuit and the SlowMist team is actively assisting law enforcement in the follow-up investigation. At the same time, DEXX is actively discussing compensation plans. Regarding compensation:
SlowMist: DEXX incident has identified more than 900 victims, with total losses estimated at $21 million

blockchain security company SlowMist announced that as of November 18th, the DEXX incident report has been updated: more than 1,100 reports of funds being stolen have been received from the community. After removing duplicate reports, it has been confirmed that there are more than 900 victims, with a total estimated loss of $21 million (affected by price fluctuations). Loss details (so far):
Warning: Multiple Dexx user emails have been subjected to abnormal login attempts. It is recommended to change the passwords of the associated accounts in time.

On November 18th, OneKey Security Lab issued a security warning. Multiple users of the Dexx trading platform reported abnormal login attempts on their associated email accounts. OneKey recommends that users take immediate security measures, especially for those who use the same password for logging in to Dexx and their email: 1) immediately change the password for all Web2 accounts that use the same password; 2) completely abandon any leaked password combinations; 3) pay special attention to the security of email accounts that contain sensitive information and are associated with multiple authentications.
Polterfinance left a message to the hacker: If the funds are returned in time, no legal action will be taken

On November 18th, Polterfinance, a lending project on the Fantom chain, left a message to the hacker on the chain, stating: "If the funds can be returned in a timely manner, we are willing to negotiate and will not take legal action. Please send the funds to the corresponding address on the Fantom chain (starting with 0x6cA0). If further communication is needed, please reply to this message." Earlier today, Polterfinance reported that it was attacked on the Fantom chain, with over $7 million in encrypted assets stolen. The attacker initially obtained the funds through Tornado Cash on Ethereum, which were later bridged to Fantom.
Bloomberg ETF Analyst: XRP ETF may be the next exchange-traded fund product to be launched

Bloomberg ETF analyst James Seyffart forwarded market news on X platform, stating that during the Bitcoin 2024 conference, Discover Crypto CEO Joshua Jake was interviewed and he said that XRP ETF could be the next possible exchange-traded fund product to launch.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

March 27 - March 27

Seoul

Recently Searched

Hot Coins

Trending

Daily Must-Read

Welcome Back

Join CoinTime

Sign in with email

Sign up with email

Check your inbox

Ripple CTO Warns Against XRP Scams as Court Ruling Reignites Hype

All Comments

Recommended for you

Cosine: After a user used GPT to write a bot with a backdoor code, the private key was sent to a phishing website

Polymarket Blocks French Users Amid Government Investigation into Gambling Law Compliance

Texas judge tosses out SEC's expanded 'broker' rule, which broke with 90 years of legal tradition to rope in crypto traders

Yao Qian, former director of the Science and Technology Supervision Department of the China Securities Regulatory Commission, was expelled from the party and removed from public office for allegedly u

SlowMist: Will help law enforcement agencies track down the stolen funds from DEXX. Currently, about 2,000 suspicious addresses have been roughly identified.

DEXX: If all assets are recovered, full compensation will be given immediately

SlowMist: DEXX incident has identified more than 900 victims, with total losses estimated at $21 million

Warning: Multiple Dexx user emails have been subjected to abnormal login attempts. It is recommended to change the passwords of the associated accounts in time.

Polterfinance left a message to the hacker: If the funds are returned in time, no legal action will be taken

Bloomberg ETF Analyst: XRP ETF may be the next exchange-traded fund product to be launched

Daily Must-Read

Uniswap Labs, UNI holders could make $468M a year from new L2: DeFi Report

Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022

Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion

$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery

Former BAYC creative director Jeff Nicholas joins Meta’s Reality Labs

Why is Solana's Dogwifhat (WIF) memecoin crashing?

Popular Activities

Delysium $AGI & AI Private Yacht Party

Popular Tags

Share