hodler

23 Apr 2026, 01:00

XRP Ledger Has No History Of Hacks Or Exploits, What Are They Doing Different?

The XRP Ledger is increasingly being highlighted by crypto commentators as one of the few major blockchain infrastructures with no protocol-level exploit losses. As discussions around security intensify following several high-profile DeFi breaches, XRP supporters and developers are pointing to design decisions and operational discipline as the reason the network has avoided the billions lost elsewhere. Security Architecture Behind The XRP Ledger’s Track Record A recent discussion on X gained traction after the account @RippleXity noted that more than $15 billion has been lost to crypto exploits across the industry, while the XRP Ledger has recorded zero protocol-level hack losses. The comment triggered responses from several market participants who argued that the network’s architecture and operational approach explain the difference. The security discussion quickly expanded when a crypto commentator responded to RippleXity’s post, arguing that XRP’s design has long prioritized reliability. According to the post, this level of safety is one reason the network has been integrated into the financial infrastructure used by banking institutions. The commentator described the asset as significantly undervalued while emphasizing that its security framework operates at a level comparable to traditional financial systems. Supporters argue that XRP Ledger’s strong track record is tied to deliberate design choices that prioritize stability and predictable transaction finality over experimental features that could introduce vulnerabilities. They also note that, unlike many blockchain ecosystems that rely on complex bridges and interoperability tools, the XRP Ledger maintains a more controlled architecture, which they believe has helped reduce exposure to attack vectors responsible for major losses in decentralized finance. How XRP Ledger’s Security Approach Compares With Others The security debate intensified further after a separate post by XRP advocate @InvestWithD referenced comments from David Schwartz, the Chief Technology Officer at Ripple. Schwartz reportedly explained that when Ripple evaluated bridging systems for its stablecoin project RLUSD, the company focused primarily on risk management and security. According to the post, many DeFi bridging systems include strong security tools, but some projects disable them to simplify operations or scale faster, a choice Schwartz suggested may have contributed to the KelpDAO exploit . The exploit reportedly involved about $292 million, where attackers manipulated a LayerZero-connected system using a 1-of-1 Decentralized Verifier Network instead of a multi-verifier setup, creating a single point of failure that enabled spoofed messages, fraudulent rsETH minting, and fund drainage. In contrast, Ripple’s RLUSD avoids risky bridges through native issuance on both the XRP Ledger and Ethereum , while expansion to Layer-2 networks like Optimism, Base, Ink, and Unichain uses Wormhole and its Native Token Transfers (NTT) standard. That system allows Ripple to maintain direct control over token issuance while using multiple verification layers for cross-chain transfers. Supporters argue that this emphasis on controlled issuance and layered verification reflects the broader philosophy that has allowed the XRP Ledger to maintain its long-standing record without protocol-level exploit losses.

23 Apr 2026, 00:30

Grayscale Hints at Bull Market Setup as Bitcoin Holds Critical Breakeven Level

Bitcoin markets are showing signs of a potential bottom as improving price action brings recent buyers back to breakeven. Grayscale points to strengthening positioning as a key signal that sentiment may be shifting toward more bullish conditions. Key Takeaways: Grayscale signaled bitcoin may have bottomed as buyers return to breakeven levels. Markets show cost basis

23 Apr 2026, 00:01

Bitcoin (BTC) Closer to $80,000 Than $60,000 Again, Ethereum's (ETH) $3,000 Recipe, Hyperliquid (HYPE) Bounce Triggered: Crypto Market Review

Multiple assets on the market are far from entering proper recovery cycles, especially at levels we are witnessing now.

22 Apr 2026, 23:45

iPhone Users Beware: Kaspersky Flags 26 Fake Crypto Wallet Apps That Could Drain Your Funds

Cybersecurity firm Kaspersky has identified 26 fraudulent cryptocurrency wallet applications on Apple’s App Store that are designed to steal users’ digital assets. The company’s Threat Research team found that the apps imitate popular crypto wallets, such as MetaMask, Ledger, Trust Wallet, Coinbase, TokenPocket, imToken, and Bitpie, by copying their names and visual branding to appear legitimate. Once opened, these applications redirect users to phishing pages that resemble the App Store interface and prompt them to download a second application, which is actually a trojanized wallet that can drain cryptocurrency funds. How The Scam Works Kaspersky said the campaign has been active since at least fall 2025 and, with “moderate confidence,” linked it to the threat actors behind SparkKitty, a previously identified iOS malware strain. Official versions of many of these wallet apps are not available in the Chinese iOS App Store; most of the detected phishing apps were distributed specifically to users in China, though the malicious payload itself does not include regional restrictions. This essentially means that users outside China could also be affected. Kaspersky confirmed it has reported all identified apps to Apple. According to the findings, the fraudulent apps include basic, unrelated features such as games, calculators, or task managers to create an appearance of legitimacy and pass initial scrutiny. After installation, they guide users through a process that opens a fake App Store webpage and encourages them to download what appears to be the intended wallet application. This installation process works similarly to SparkKitty, using Apple’s enterprise developer tools for corporate app distribution. Users are prompted to install a developer profile on their device, which allows them to install apps from outside the App Store. Attackers rely on users overlooking this step, enabling the installation of malicious software. Once installed, the trojanized wallet applications are designed to mimic the behavior of the specific wallet they impersonate. They target both hot and cold wallets. Kaspersky’s mobile malware expert, Sergey Puzan, stated that while the apps themselves may not contain harmful code, they serve as entry points in a broader attack chain that ultimately leads to malware installation. The researcher further warned, “By paying a fee and setting up a developer account, the attackers can target any iOS device if the user succumbs to the phishing tactic. Users should be wary of the risks related to managing their crypto wallets even on devices that they consider safe, such as iPhones. We expect there may be more trojanized crypto apps distributed with a similar tactic.” Counterfeit Ledger Device The latest report comes days after a counterfeit Ledger Nano S Plus device sold through an online marketplace was exposed as part of a sophisticated phishing operation designed to steal crypto wallet credentials by a Brazilian cybersecurity researcher. The device, which was marketed and priced like an official product, initially appeared genuine but failed verification when connected to Ledger Live. Upon opening the device, the researcher found internal components that did not match legitimate hardware, including a chip with its markings removed and additional WiFi and Bluetooth antennas not present in authentic Ledger wallets. Further examination of the firmware revealed that both PIN codes and seed phrases were stored in plaintext, along with references to external servers, indicating that the device was designed to capture and transmit sensitive data. The researcher acknowledged that this attack does not involve any flaw in Ledger’s security, but instead uses fake devices, harmful apps, and phishing tricks to target users. The post iPhone Users Beware: Kaspersky Flags 26 Fake Crypto Wallet Apps That Could Drain Your Funds appeared first on CryptoPotato .

22 Apr 2026, 23:30

Shiba Inu Could Stage A Return As 20% Move Puts It Ahead Of Bitcoin And XRP In This Metric

Shiba Inu (SHIB) is seeing renewed momentum as its Open Interest (OI) has surged more than 20% in a single day, surpassing both Bitcoin (BTC) and XRP. The meme coin appears to be staging a recovery as trading volume continues to ramp up and price experiences short rebounds. Despite its prolonged choppy action , the recent rise in Open Interest underscores a shift in sentiment, indicating that traders are beginning to move back into SHIB. Shiba Inu Open Interest Surpasses BTC And XRP Shiba Inu has recorded a sharp increase in derivatives market activity after its Open Interest surged by more than 20% on April 21. CoinGlass data shows that the metric climbed from approximately $56.27 million the previous day, reflecting a notable jump in trader participation and speculative positioning around the meme coin. The latest spike in Open Interest reflects a growing concentration of capital flowing into SHIB futures contracts , signaling heightened engagement among derivatives traders despite market volatility . This shift also indicates that market participants are increasingly opening new positions in SHIB futures, rather than closing existing ones. Notably, Shiba Inu’s Open Interest has now surpassed levels seen in major blue-chip assets such as Bitcoin and XRP during the same period. This surge suggests that traders may be shifting their focus away from larger cryptocurrencies to SHIB, highlighting renewed interest in meme coins . Importantly, Shiba Inu’s Open Interest closed around $61.1 million on April 21, indicating a more than 10% reversal from its earlier 20% surge. At the time of writing, the metric has increased again to $68.78 million, reflecting a more than 12.5% surge from the previous day. As Open Interest continues to rise, SHIB’s trading volume is also up by more than 95%, currently sitting at $205.78 million. SHIB’s Open Interest Surges As Price Increases Shiba Inu is not only seeing a rise in its Open Interest but also in its price. Over the past week, the meme coin has rebounded by more than 6%, and in the last 24 hours, it is up by over 2.5%, according to CoinMarketCap data. Usually, when a cryptocurrency’s price climbs alongside a surge in Open Interest, market data typically points to strengthening bullish momentum supported by increased leverage. This combination suggests that new capital is actively entering the market, with traders possibly positioning for further upside through long contracts. As more traders open long positions, the short-term uptrend continues due to increased buying pressure. While this can be bullish and potentially support a future price reversal under favorable conditions, the same setup also carries risks. If too many traders are all betting on prices going up at the same time, the market becomes overcrowded. When this happens, even the smallest decline in price can trigger liquidations, forcing traders to close their positions and increasing the chance of a deeper pullback.

22 Apr 2026, 21:46

US Government Runs a Bitcoin Node, But Not Mining BTC: US Admiral

The commander of U.S. forces in the Pacific said the military is investigating Bitcoin’s ability to “secure and protect networks.”