November 27, 2023

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Ripple Co-founder's XRP Accounts Hacked

February 1,  2024

By: Pooja

Ripple Co-founder Chris Larsen discloses unauthorized access to personal XRP accounts.

Larsen's XRP Accounts Hacked

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Blockchain analyst ZachXBT suggests a potential 213M XRP ($112.5M) hack.

Ripple Network Speculation

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Larsen denies Ripple network hack, emphasizing the isolated nature of the incident.

Ripple's Swift Response

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Recent Offerings

Ripple introduced an updated cross-border payments solution in December to enhance efficiency for businesses leveraging blockchain technology.

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Global Partnerships

In November, Ripple partners with Onafriq to expand payment corridors in Africa and collaborates with Uphold in October.

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Blockchain Impact

Ripple's moves align with the broader influence of blockchain and crypto in reshaping global payment systems.

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Growing Institutional Interest

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Ripple's SVP notes increased interest from major banks, signaling a changing perspective on crypto and blockchain technology in the financial sector.