Ripple | ForkLog

ForkLog 14 06.02.2024

Court Orders Ripple to Disclose Financial Documents to SEC

A US District Judge has granted the SEC‘s motion to compel Ripple to provide information on its financial performance and institutional sales of XRP, as reported by The Block. In December 2020, the Commission filed a lawsuit against the company, accusing it of selling unregistered securities in the form of XRP, amounting to approximately $1.3 […]

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ForkLog 13 02.02.2024

Binance Freezes $4.2 Million in Stolen XRP from Ripple Co-Founder

Cryptocurrency exchange Binance has frozen $4.2 million in XRP tokens linked to the hacking of Ripple co-founder Chris Larsen’s personal wallet. After finding out early on about the exploit that occurred at @Ripple, we’re happy to say that the #Binance team has managed to freeze $4.2 Million worth of $XRP stolen by the exploiter. We […]

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ForkLog 14 31.01.2024

Ripple Suspected of Losing $112 Million in Hack

The blockchain project Ripple has likely been hacked for 213 million XRP (approximately $106.6 million at the time of writing), according to on-chain researcher ZachXBT. It appears @Ripple was hacked for ~213M XRP ($112.5M) Source addressrJNLz3A1qPKfWCtJLPhmMZAfBkutC2Qojm So far the stolen funds have been laundered through MEXC, Gate, Binance, Kraken, OKX, HTX, HitBTC, etc pic.twitter.com/HKGYsLQeMv — […]

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ForkLog 20 17.01.2024

Ripple CEO Rules Out IPO Amid ‘Hostile’ SEC Environment

Ripple had considered going public outside the United States due to the “hostile” stance of the SEC, but has postponed these plans. This was stated by the fintech company’s CEO, Brad Garlinghouse, in Davos. LFG! 2024 is going to be big. https://t.co/3CcCQNo4D9 — Brad Garlinghouse (@bgarlinghouse) January 16, 2024 “Trying to go for an IPO […]

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ForkLog 27 15.01.2024

Failed Exploit Attempt on Bitfinex Involving $15 Billion in XRP

A purported XRP transaction worth nearly $15 billion from an unknown wallet to Bitfinex was part of a failed attempt to exploit partial payments. This was stated by the exchange’s CTO, Paolo Ardoino. Someone attempted to attack @bitfinex via “Partial Payments Exploit”.Attack failed since Bitfinex properly handles ‘delivered_amount’ data field.https://t.co/EiGw9UQmmq (updated with better gif) https://t.co/8I7vlO05ou […]

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ForkLog 8 12.01.2024

Unresolved Issues: FTX Creditors’ Complaints and Ripple Case Resurgence

In 2024, the upheavals of past years in the cryptocurrency market continue to make their presence felt. Recently, creditors of the collapsed FTX deemed the compensation amounts “unfair,” while the SEC once again attempted to revive the Ripple case. A Flawed Plan FTX creditor activist Sunil Kavuri reported that he and lawyers from the firm […]

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ForkLog 42 11.01.2024

Ripple to Repurchase Shares Valuing Company at $11.3 Billion

Ripple will allocate $285 million to buy back its shares from early investors, valuing the fintech company at $11.3 billion, according to sources cited by Reuters. Under the offer, investors can sell up to 6% of their holdings. Ripple stated it will spend $500 million on the entire program, including costs for converting restricted securities […]

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ForkLog 43 10.01.2024

Ripple CEO Suggests SEC Should Investigate Itself After Account Hack

The crypto community mocks the SEC following the hack of its X account, yet still anticipates the approval of a Bitcoin ETF. The leading cryptocurrency experienced high volatility, though some altcoins, including Ethereum, maintained their positions. Ripple CEO Brad Garlinghouse, commenting on the hack of the SEC’s X account, suggested the regulator should investigate “itself.” […]

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ForkLog 10 08.12.2023

BBVA taps Ripple platform for crypto custody

The Swiss unit of BBVA, one of the eurozone's largest banks, moved cryptocurrency custody services to Ripple's Metaco Harmonize platform.

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ForkLog 17 15.11.2023

BlackRock reports fake XRP-ETF filing to police

BlackRock has filed a report with U.S. law enforcement authorities regarding a forged application to launch XRP-based ETF.

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ForkLog 10 14.11.2023

XRP price jumps 15.4% after fake BlackRock ETF filing news

XRP price rose 15.4% in around 30 minutes after news surfaced that BlackRock had filed to launch a token-based ETF. After its denial, prices retraced to their original levels.

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ForkLog 35 03.11.2023

Ripple joins the development of the digital lari

The National Bank of Georgia has chosen the Ripple Labs Inc. blockchain platform as its official technology partner for the development of the digital lari.

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