Key highlights: A fake Flare Network website stole 3.4 million XRP South Korean police arrested three suspects and are searching for a fourth Authorities also froze about $12 million in crypto A website pretending to be Flare Network stole around 3.4 million XRP, worth $8.5 million, from unsuspecting investors. South Korean police said the scam […]
Tag: FXRP
The financial world is accelerating towards digitization, with money market funds, treasury bills, commodities, and more being transformed into digital tokens. These “real-world assets” are perhaps the biggest force driving the institutional adoption of blockchain, and their momentum is spreading well beyond the Ethereum network. The OG of smart contract blockchains is no longer having […]
By Vuk Martin Can XRP earn you yield, or does it just sit there and wait for price moves? XRP DeFi is the idea of using XRP in decentralized finance to earn returns, usually shown as APY (annual percentage yield). Native XRP on the XRP Ledger (XRPL) doesn’t “stake” the way some proof-of-stake coins do. […]