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 Ripple chairman Chris Larsen hacked for reported 213M XRP worth approximately 1125M

Ripple chairman Chris Larsen hacked for reported 213M XRP worth approximately 1125M


Published: 2024-01-31


Main Topics:

1. Ripple Chairman Larsen reportedly hacked for 213 million XRP

2. Implications for Ripple and the cryptocurrency market

3. Security concerns and measures for cryptocurrency holders

1. Ripple Chairman Larsen's reported hack: According to the article,Ripple Chairman Chris Larsen was allegedly hacked,resulting in the loss of 213 million XRP tokens,which are worth approximately $341 million at the current market price. This incident highlights the vulnerability of even high-profile figures in the cryptocurrency industry to cybercrime,raising concerns about the overall security of digital assets.

2. Implications for Ripple and the cryptocurrency market: The reported hack of Ripple's chairman is likely to have significant repercussions for the Ripple ecosystem and the broader cryptocurrency market. With such a substantial amount of XRP stolen,it may lead to an increase in selling pressure on Ripple's native token. Additionally,it could trigger a loss of trust and confidence in Ripple and its technology,potentially causing investors and users to question the security and reliability of the platform.

3. Security concerns and measures for cryptocurrency holders: The article emphasizes the importance of robust security measures for cryptocurrency holders in light of the hacking incident. It advises individuals to store their digital assets in secure wallets and take extra precautions with their private keys. Furthermore,the incident serves as a reminder for cryptocurrency exchanges and other service providers to invest in improving their security infrastructure and implementing stringent security protocols to safeguard user funds. Overall,the reported hack of Ripple Chairman Larsen raises concerns about the security of digital assets,particularly in the context of high-profile individuals and institutions. It highlights the need for increased vigilance and stronger security measures to protect against cyber threats and reinforces the importance of trust and reliability within the cryptocurrency industry.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,093.20 1,473,321,568.50
2 BTC title=BTC 63,825.73 1,438,653,335.46
3 ETH title=ETH 3,155.53 733,185,335.33
4 DOGE title=DOGE 0.16 557,398,181.42
5 PEPE title=PEPE <0.01 384,869,200.42
6 SOL title=SOL 146.23 377,230,490.32
7 WIF title=WIF 3.38 206,249,241.17
8 BOME title=BOME 0.01 137,993,643.19
9 FLOKI title=FLOKI <0.01 109,322,341.42
10 BONK title=BONK <0.01 105,342,917.35
11 ENA title=ENA 0.81 89,563,069.51
12 AVAX title=AVAX 37.15 88,221,813.44
13 XRP title=XRP 0.53 81,318,536.74
14 WLD title=WLD 5.28 77,985,110.42
15 NEAR title=NEAR 7.03 74,419,270.80
16 RNDR title=RNDR 9.14 71,063,682.52
17 ETHFI title=ETHFI 3.98 64,024,623.36
18 SUI title=SUI 1.08 58,005,224.86
19 OP title=OP 2.89 55,139,930.13
20 GLM title=GLM 0.60 53,486,675.15
21 AR title=AR 36.15 50,807,798.59
22 RUNE title=RUNE 5.29 46,895,877.05
23 ORDI title=ORDI 40.12 41,669,444.14
24 ARKM title=ARKM 2.33 36,453,250.71
25 ADA title=ADA 0.46 34,918,854.23
26 JTO title=JTO 3.43 34,783,528.04

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Golem title=GLM 0.60 +30.00
2 NULS title=NULS 0.66 +11.66
3 Ontology Gas title=ONG 0.60 +11.52
4 PlayDapp title=PDA 0.09 +9.25
5 Vanar Chain title=VANRY 0.19 +7.28
6 Dogecoin title=DOGE 0.16 +7.04
7 Alien Worlds title=TLM 0.02 +7.03
8 Render title=RNDR 9.14 +6.72
9 BOOK OF MEME title=BOME 0.01 +5.59
10 OAX title=OAX 0.23 +5.46
11 Cortex title=CTXC 0.33 +5.45
12 Vite title=VITE 0.02 +5.05
13 Santos FC Fan Token title=SANTOS 6.40 +4.83
14 Sleepless AI title=AI 1.07 +4.51
15 Automata title=ATA 0.19 +4.46
16 Avalanche title=AVAX 37.15 +4.35
17 JasmyCoin title=JASMY 0.02 +4.18
18 Flux title=FLUX 0.92 +4.04
19 Nano title=XNO 1.25 +3.58
20 Ellipsis X title=EPX <0.01 +3.43
21 NFPrompt title=NFP 0.45 +3.42
22 FIO Protocol title=FIO 0.04 +3.38
23 Marlin title=POND 0.02 +3.16
24 Request title=REQ 0.13 +3.08
25 SingularityNET title=AGIX 0.92 +3.08
26 Arkham title=ARKM 2.33 +3.06
27 BurgerCities title=BURGER 0.49 +2.97
28 Arweave title=AR 36.15 +2.66
29 DataBot title=DATA 0.06 +2.56
30 Ooki title=OOKI <0.01 +2.56

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 W 0.68 -9.79
2 Voyager title=VGX 0.08 -8.19
3 BinaryX title=BNX 0.97 -7.90
4 Hifi Finance title=HIFI 0.82 -6.04
5 Jito title=JTO 3.43 -5.43
6 RSK Infrastructure Framework title=RIF 0.18 -5.24
7 Rocket Pool title=RPL 20.66 -4.88
8 Kusama title=KSM 28.35 -4.87
9 Axelar title=AXL 1.23 -4.81
10 Viction title=VIC 0.63 -4.73
11 Bonk title=BONK <0.01 -4.71
12 Ethena title=ENA 0.81 -4.60
13 Stacks title=STX 2.31 -4.36
14 Omni Network title=OMNI 18.85 -4.12
15 REZ 0.19 -4.07
16 Phala title=PHA 0.19 -4.02
17 Bonfida title=FIDA 0.31 -3.99
18 Contentos title=COS 0.01 -3.91
19 Lisk title=LSK 1.92 -3.85
20 Aevo title=AEVO 1.41 -3.68
21 Vulcan Forged title=PYR 4.47 -3.33
22 Firo title=FIRO 1.62 -3.22
23 Chromia title=CHR 0.27 -3.15
24 Conflux title=CFX 0.22 -3.09
25 Tensor title=TNSR 0.87 -3.07
26 1000SATS (Ordinals) title=1000SATS <0.01 -2.96
27 SSV Network title=SSV 43.42 -2.95
28 dForce title=DF 0.05 -2.94
29 Saga title=SAGA 3.32 -2.82
30 Optimism title=OP 2.89 -2.79

Bitcoin's Greed and Fear Index.

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69
Greed

Global CryptoCurrency News

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7 Bitcoin opens 63K futures gap as thin liquidity threatens BTC price 2024-05-04
8 Vodafone looks to integrate crypto wallets with sim cards 2024-05-04
9 Australian court rules against Qoin issuer BPS Financial on 4 charges 2024-05-04
10 SEC delays decision on 7RCCs eco friendly spot Bitcoin ETF 2024-05-04
11 Losses due to crypto hacks fall 67 Bitcoin DeFi interest rises Finance Redefined 2024-05-04
12 Snowden goes after Bitcoin devs Elon Musk and puppy killers in X flurry 2024-05-04
13 Crypto Biz The Bitcoin summer Avalanche integrates with Stripe and more 2024-05-04
14 Coinbase039s Base could make it the NVIDIA of DeFi 2024-05-04
15 Former Cred execs face wire fraud and money laundering charges 2024-05-04
16 Grayscales GBTC stops bleeding First inflow since launch 2024-05-04
17 Biggest Friendtech whale dumps tokens as users struggle to claim airdrop 2024-05-03
18 Bitcoin and Ether options worth 24B set to expire May 3 max BTC pain at 61K 2024-05-03
19 Vested crypto tokens worth over 3B to be unlocked in May 2024-05-03
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22 Bitcoin price springs 5 to 62K as US jobs data boosts rate cut bets 2024-05-03
23 How to determine crypto cost basis for accurate tax filings 2024-05-03
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25 Bitcoin enters 039a new era039 as whales scoop up over 47K BTC during price pullback 2024-05-03
26 CFTC Commissioner wants to create AI Fraud Task Force 2024-05-03
27 Block shares see after hours bump as Q1 results top estimates 2024-05-03
28 Coinbase posts 12B net income in Q1 surpasses entire 2023 earnings 2024-05-03
29 Terraform claims SEC offered no evidence for 47B in disgorgement 2024-05-03
30 Crypto leaders should stop flirting with CBDCs 2024-05-03
31 Hong Kong Bitcoin ETF launch in top 20 STRK scam suspect busted Asia Express 2024-05-03
32 Jack Dorseys Block to use 10 of Bitcoin profit to buy BTC every month 2024-05-03
33 US senators FBI arent opposed to crypto privacy Railgun contributor 2024-05-03
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US news that has a significant impact on the market

at news day date time
1 FOMC Member Barkin Speaks Monday 06-05-2024 17:50
2 FOMC Member Williams Speaks Monday 06-05-2024 18:00
3 Loan Officer Survey Monday 06-05-2024 19:03
4 RCM/TIPP Economic Optimism Tuesday 07-05-2024 15:03
5 Consumer Credit m/m Tuesday 07-05-2024 20:00
6 Final Wholesale Inventories m/m Wednesday 08-05-2024 15:00
7 Crude Oil Inventories Wednesday 08-05-2024 15:30
8 FOMC Member Jefferson Speaks Wednesday 08-05-2024 16:00
9 10-y Bond Auction Wednesday 08-05-2024 18:01
10 FOMC Member Cook Speaks Wednesday 08-05-2024 18:30
11 Unemployment Claims Thursday 09-05-2024 13:30
12 Mortgage Delinquencies Thursday 09-05-2024 15:00
13 Natural Gas Storage Thursday 09-05-2024 15:30
14 30-y Bond Auction Thursday 09-05-2024 18:01
15 FOMC Member Bowman Speaks Friday 10-05-2024 14:00
16 Prelim UoM Consumer Sentiment Friday 10-05-2024 15:00
17 Prelim UoM Inflation Expectations Friday 10-05-2024 15:00
18 FOMC Member Barr Speaks Friday 10-05-2024 18:30
19 Federal Budget Balance Friday 10-05-2024 19:00

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