Coin

<ul class="news-points"> 
 <li>However, Whale Alert later removed the post, citing issues with reading the Ripple node response, leaving many confused.</li> 
 <li>Whale Alert, a cryptocurrency transaction monitoring account, initially reported a massive transfer of 25.6 billion XRP.</li> 
 <li>A purported transaction of nearly $15 billion worth of XRP from an unknown wallet to Bitfinex exchange was part of a failed exploit.</li> 
</ul> 
According to recent reports, a purported transaction of nearly $15 billion worth of XRP from an unknown wallet to the Bitfinex exchange on January 14 was revealed to be part of a failed “partial payments exploit” attempt. The incident was initially flagged by the blockchain tracking account Whale Alert. 
Whale Alert, known for monitoring cryptocurrency transactions, initially reported a transaction of 25.6 billion XRP, which accounted for nearly half of XRP’s total circulating supply, from an unidentified wallet to Bitfinex. The news of such a colossal transfer raised eyebrows and stirred speculation about its potential implications for the XRP market. 
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However, the situation quickly evolved as Whale Alert removed the post and <a href="https://twitter.com/whale_alert/status/1746634971870077198" target="_blank" rel="nofollow">clarified</a> that there had been “an issue with properly reading…
The post <a href="https://coinedition.com/15b-xrp-transfer-to-bitfinex-was-a-failed-exploit-what-really-happened/">$15B XRP Transfer to Bitfinex Was a Failed Exploit—What Really Happened?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

$15B XRP Transfer to Bitfinex Was a Failed Exploit—What Really Happened?

Coin Edition

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