• 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

Ethereum Market Shows Signs of Cooling as Temperature Approaches Cold Levels

chest

Recent analysis by Alphractal indicates that Ethereum's market temperature is nearing cold levels, suggesting a potential for long-term accumulation.

user avatarLuis Flores

Ethereum Staking Reaches Historic Milestone as Over 50% of Supply is Locked

chest

Ethereum's staking ecosystem has reached a significant milestone with over half of its total supply now staked.

user avatarArif Mukhtar

Brian Armstrong Addresses Bitcoin's Price Decline

chest

Coinbase CEO Brian Armstrong discusses Bitcoin's recent price decline, attributing it to market psychology and reassuring investors about its long-term value.

user avatarMaria Gutierrez

Robert Kiyosaki Warns of Imminent Stock Market Crash

chest

Robert Kiyosaki warns of an imminent stock market crash that may impact Bitcoin and Ethereum, suggesting they as safe havens.

user avatarAndrew Smith

Kiyosaki Prefers Bitcoin Over Gold Amid Market Downturn

chest

Kiyosaki expresses preference for Bitcoin over gold due to its capped supply.

user avatarDavid Robinson

Crypto Expert Predicts XRP Could Reach Base Price of $10,000

chest

Crypto expert Remi predicts that XRP could reach a base price of $10,000 due to the potential implementation of a U.S. Crypto price floor system and the tokenization of assets on the XRP Ledger.

user avatarJacob Williams

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.