According to U.Today, Ripple's Chief Technology Officer (CTO), David Schwartz, has issued a significant warning to the XRP community. Schwartz revealed a scam message circulating among XRP users, which falsely claims that their account is under investigation for copyright violation. The message threatens account suspension unless a form is completed within 24 hours. Schwartz clarified that the link provided leads to a phishing site designed to collect personal and login information. He urged the XRP community not to fall for this scam.
In other news, Robert Kiyosaki, the renowned investor and author of the best-selling book 'Rich Dad Poor Dad,' has made a bold prediction about Bitcoin's price. Kiyosaki stated that Bitcoin could reach $350,000 by August 25, 2024. However, he clarified that this prediction is speculative and not a certainty. He also mentioned that he is increasing his holdings in Bitcoin, Ethereum, and Solana, not out of certainty about these cryptocurrencies, but due to his lack of confidence in current leadership.
Lastly, Shiba Inu and Cardano have seen a significant increase in large-scale transactions, primarily due to increased interest from 'whales' or investors making transactions exceeding $100,000. Data from Santiment reports show that the number of such transactions for Shiba Inu and Cardano has more than doubled this week compared to the average for 2024. As of the time of writing, Shiba Inu is trading at $0.000025, down by 2.84% over the past 24 hours, while Cardano is trading at $0.4798, up by 4.09% over the same period.
