• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Important: XRPScan's Warning on Dubious XRPL Account

user avatar

by Giorgi Kostiuk

a year ago


A recent announcement by XRPScan drew attention to the dissemination of information about an allegedly US government-associated account linked to XRPL.

Warning from XRPScan

In a popular tweet, XRPScan alerted users to exercise caution regarding information about an alleged government account on the XRP Ledger. They recommended thorough verification before trusting, buying, or selling tokens on the public ledger.

XRP Community's Reaction

The XRP community actively engaged in discussions following the announcement. Many users, including prominent XRPL developer Wietse Wind and Ripple's CTO David Schwartz, expressed skepticism about the account truly belonging to the US Treasury.

Experts' Security Tips

Wietse Wind emphasized the importance of verifying information in an open infrastructure and noted that the domain field is public. On his part, David Schwartz explained that verifying account ownership can only be confirmed if the domain name and the TOML file match.

The Domain field can only be set by the account owner; the TOML file can only be set by the domain owner. If they match, that's a provable connection.David Schwartz

In light of the XRPScan warning, it's crucial for the community to remain vigilant and thoroughly verify information to avoid misinformation and misuse on the blockchain.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Russia and China Aim to Strengthen Economies with US Dollar Assets

chest

Russia and China are seeking to acquire US dollar-denominated assets to strengthen their economies.

user avatarZainab Kamara

Bitcoin Coinbase Premium Signals Market Shift

chest

Bitcoin's Coinbase premium has turned positive for the first time since February 6, indicating a potential shift in market dynamics.

user avatarSon Min-ho

Regulatory Developments Could Impact Shiba Inu's Future

chest

Recent discussions about the CLARITY Act and SEC decisions may significantly influence Shiba Inu's price and market sentiment.

user avatarAyman Ben Youssef

Kazakhstan's Trade Growth and Strategic Shift for 2026

chest

Kazakhstan's Ministry of Trade and Integration reports significant growth in trade turnover and exports, with a focus on high-value goods and domestic production.

user avatarTando Nkube

US Crypto Regulatory Landscape Under Discussion

chest

During a recent interview, Binance CEO Richard Teng emphasized the importance of regulatory clarity for the US crypto market, stating that any regulation would be better than none.

user avatarKofi Adjeman

BinanceUS Plans Expansion in the US Market

chest

BinanceUS is exploring expansion in the US to enhance product offerings for American customers.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.