Ripple Issues Crucial Scam Warning, Crypto Exchange BitGo Runs out of XRP, Top Trader Makes Bullish Case for Bitcoin (BTC) — Crypto News Digest
The post Ripple Issues Crucial Scam Warning, Crypto Exchange BitGo Runs out of XRP, Top Trader Makes Bullish Case for Bitcoin (BTC) — Crypto News Digest appeared on BitcoinEthereumNews.com.
BitGo glitch floods XRP Ledger with failed transactions Analyst sees bullish reset in Bitcoin’s pullback RippleX warns of surge in fake XRP livestream scams AI-powered cryptocurrency scams are on the rise, and XRP holders should stay vigilant. Scam alert. RippleX cautioned users about fake Ripple or XRP livestreams targeting investors. RippleX, the developer arm of enterprise blockchain firm Ripple, has issued a fresh warning about bad actors using fake Ripple or XRP livestreams. “Ripple employees will never ask you to send funds, share wallet info, or join investment streams,” the company said. Scam tactics. Fraudsters promote fake giveaways, while impersonating official Ripple accounts using AI-generated content. Fake giveaways (“send 10 XRP and receive 20 back”) tend to be the most popular type of scams. Fraudsters are impersonating official accounts (YouTube, social media) to lend legitimacy to the scam while using AI-powered tools to mimic company executives. Given that XRP is once again in the spotlight due to the ETF hype, there is likely to be another uptick in scams, which is why users have to remain vigilant. Ripple CEO Brad Garlinghouse previously warned that scam attempts tend to become more frequent with each rally. BitGo glitch floods XRP Ledger with failed transactions BitGo’s wallet hit zero, flooding the network with failed payments and turning the blockchain into a spam factory for hours. What happened. Crypto custodian BitGo accidentally triggered a flood of failed XRP transactions after one of its accounts ran out of balance. What started as a typical account script turned into one of the strangest XRP Ledger glitches of the last few months. BitGo, a popular crypto custodian and wallet provider, accidentally released a flood of failed XRP transactions after one of its accounts ran out of a balance. Effect. The system entered an endless loop of unfunded payments. The…
Filed under: News - @ November 15, 2025 6:16 am