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- Ripple wins over SEC again; A trial date has been set for April 24, 2024.
- Ripple unveils anti-fraud ‘Clawback’ feature in XRP Ledger.
- Shiba Inu Telegram Hacked; Warn the community about airdrops of fake codes.
What’s new in Ripple?
The blockchain enterprise has been in the news again over the past couple of days. He. She Believer It is the second consecutive win against the Securities and Exchange Commission (SEC) after Judge Torres rejected the watchdog’s intentions to appeal the July court ruling in favor of Ripple. The judge too hiring April 24, 2024, as trial date.
On the other hand, ripple is found A place on the prestigious Fintech 100 list for its efforts to “modernize cross-border payments.” Previously it was the company to make Its way to the top of a ranking by Fortune magazine, which identified the company as one of the best places to work in technology for 2023.
And later, the Ripple team Shed more light The XLS-39 Clawback feature aims to add a new layer of control to the XRP Ledger (XRPL) token. It enables users to “recover” in the event of fraudulent activity.
XRP flashes green
As somewhat expected, the price of Ripple’s native token rose significantly shortly after the judge’s recent decision. It reached approximately $0.55 USD (per CoinGecko) but later followed the downward trend in the overall cryptocurrency market and dropped to approximately $0.52 USD (where it is trading now).
Those wondering how XRP will perform during the next bull market can take a look at the video below (based on ChatGPT):
Shiba Inu warning
The popular Mimisoin – the Shiba Inu – has been getting some attention recently. User X (Twitter), named Vet Kusama, I alerted Community whose SHIB Telegram admin account was hacked and the offenders announced a fake token drop of BONE token on it. They urged individuals to refrain from clicking on any links promoting such an offer.
Before that, Lucy – Marketing Strategist at Shibarium – to caution Individuals should conduct proper due diligence before entering the SHIB ecosystem due to bad actors using the memecoin logo or Shibarium name in their projects. The layer 2 blockchain solution was officially launched at the end of August, and in the clip below, you can see its details and purpose:
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