Ripple has secured another win against the United Securities and Exchange Commission (SEC), as Judge Torres dismissed the watchdog’s intentions to appeal a court ruling from July that favored Ripple. A trial date has been set for April 24, 2024. In addition, Ripple has been recognized for its efforts in modernizing cross-border payments and was included in a prestigious Fintech 100 list. The company has also introduced a new feature called XLS-39 Clawback, which aims to add a layer of token control for the XRP Ledger (XRPL) and allows users to “claw back” in case of fraudulent activity.
Following the news of Ripple’s victory, the price of its native token, XRP, experienced a significant increase, reaching almost $0.55. However, it later followed the bearish trend in the overall cryptocurrency market and currently trades at approximately $0.52.
In other news, the popular meme coin, Shiba Inu, faced a security breach on its Telegram account. The community was warned about a fake token airdrop for the BONE token and was urged to refrain from clicking on any suspicious links. Prior to this incident, Shibarium’s Marketing Strategist advised individuals to conduct due diligence before engaging with projects that use Shiba Inu’s logo or Shibarium’s name. Shibarium, a layer-2 Blockchain solution, was launched at the end of August.
Overall, Ripple continues to make strides in legal battles and gain recognition for its advancements in cross-border payments. XRP experienced a price increase before following the overall market trend. Shiba Inu faced a security breach, prompting warnings to the community to exercise caution..
#Ripple #XRP #Rollercoaster #Important #Developments #SHIB #Warnings #Bits #Recap #Oct
Following the news of Ripple’s victory, the price of its native token, XRP, experienced a significant increase, reaching almost $0.55. However, it later followed the bearish trend in the overall cryptocurrency market and currently trades at approximately $0.52.
In other news, the popular meme coin, Shiba Inu, faced a security breach on its Telegram account. The community was warned about a fake token airdrop for the BONE token and was urged to refrain from clicking on any suspicious links. Prior to this incident, Shibarium’s Marketing Strategist advised individuals to conduct due diligence before engaging with projects that use Shiba Inu’s logo or Shibarium’s name. Shibarium, a layer-2 Blockchain solution, was launched at the end of August.
Overall, Ripple continues to make strides in legal battles and gain recognition for its advancements in cross-border payments. XRP experienced a price increase before following the overall market trend. Shiba Inu faced a security breach, prompting warnings to the community to exercise caution..
#Ripple #XRP #Rollercoaster #Important #Developments #SHIB #Warnings #Bits #Recap #Oct
