The XRP Ledger (XRPL) is seeing a drastic rise in fraud attempts targeting its users as the network draws more institutional activity, higher transaction volumes, and renewed attention from XRP traders. On May 14, David Schwartz, the former chief technology officer at Ripple, published a public warning regarding the increasing scam efforts targeting the XRPL

Key Takeaways: David Schwartz, CTO of Ripple cautioned users to expect a major surge in the number of giveaway and airdrop scams. There’s a reasonable possibility that many of the The post Ripple CTO Sounds Alarm as XRP Giveaway Scams Surge Across XRPL Social Channels appeared first on CryptoNinjas…

Bitcoin fell below US$80,000 after a hotter U.S. producer inflation print pushed traders further from rate-cut expectations and back toward key support levels near US$78,000. The post Hot Inflation Data Knocks Bitcoin Below $80K as Fed Rate-Cut Hopes Fade appeared first on Crypto News Australia…