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The price of XRP dropped below $0.60. This decrease of 7% over the week tells us what is happening in the cryptocurrency market and with XRP specifically. Why The Price Of XRP Dropped Below $0.60 One reason for this drop is the legal fight between Ripple Labs, the company behind XRP, and the U.S. Securities and…
Following Ripple’s 112M Dollars exploit, the company faced a big problem as 213 million XRP was taken without permission. Chris Larsen, the chairman of Ripple, quickly responded to the situation. Response To Ripple’s 112M Dollars Exploit and Token Recovery Efforts Chris Larsen clarified that the tokens involved in the Ripple’s 112M Dollars exploit were not…
