The XRP price rallied over 70% bringing up its value from $0.47 to $0.82 in a day. The incident also marks the biggest price jump for XRP in the past year. 3050 Total views 9 Total shares Listen to article 0:00 News Join us on social networksA court ruling in favor of Ripple Labs stating that XRP (XRP) is not a security reignited the long-lost hype around the ecosystem. Anticipating an influx of scams as the token rallied, Ripple chief technology officer David Schwartz issued a warning to investors.
A two-year-long legal battle between the United States Securities and Exchange Commission and Ripple partly concluded on July 13, with its XRP token shaking off the security label in a decision by the United States District Court for the Southern District of New York.
XRP is not a security.
This victory for @Ripple is a win for the entire industry and a step toward regulatory clarity in the U.S.
A huge thank you to @bgarlinghouse, @chrislarsensf, and @s_alderoty for their leadership and the #XRPCommunity for their continued support. Ripple (@Ripple) July 13, 2023
What followed was an organic but substantial spike in XRPs market price. As shown below, the XRP price rallied over 70% bringing up its value from $0.47 to $0.82 in a day. The incident also marks the biggest price jump for XRP in the past year.XRP 1-year price chart showing a spike after a New York court ruling. Source: TradingView
The hype around cryptocurrencies or crypto ecosystems like nonfungible tokens (NFTs) is when crypto scammers get highly active in trying to dupe unwary investors. Schwartz took to Twitter to warn against the rising XRP scams. He said:A lot of scammers are taking advantage of the recent good news to try to cheat and steal. There are no airdrops, giveaways, or special offers associated with this ruling.
Given its massive popularity and growing community, scammers often imitate Ripples official website to promote fake giveaways and airdrops. In such instances, the scammer intends to gain access to the potential victims crypto wallets, which would be used to drain existing tokens or siphon stolen funds at a later date.
Related: Ripple, Binance impersonators target XRP holders via fake staking program
In April 2023, YouTube helped recover a creators channel with 2.4 million subscribers, which was hacked to promote XRP scams.
so sorry you’re having to deal with this! first, we’ll need to get some quick info from you & then we’ll connect you w/ a specialist team who helps restore account access. follow us & we’ll be able to DM you the info you need! TeamYouTube (@TeamYouTube) April 28, 2023
YouTuber DidYouKnowGaming regained access to its account and recovered the deleted videos following a swift intervention from YouTube. The exploit used by the hackers to gain access to YouTube accounts remains a mystery.
Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.
Magazine: Experts want to give AI human souls so they dont kill us all # Altcoin # Business # Ripple # XRP # Hackers # Scams # Hacks
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CHICAGO — Kyle Tucker had the fans on their feet, roaring and pumping their fists as he rounded the bases after hitting the go-ahead two-run homer in the eighth inning. His screaming line drive cleared the right-field wall with plenty of room to spare.
The Chicago Cubs went from giving up 10 runs in the eighth to scoring six in the bottom half and beating the Arizona Diamondbacks 13-11 on Friday in one of the wildest games on record.
The two teams combined for 21 runs in the seventh and eighth innings, with the Cubs scoring 11 runs and the D-backs plating 10. It was the first nine-inning game in MLB history in which both teams scored 10 or more runs from the seventh inning on, and the third game overall, according to ESPN Research.
“That’s kind of baseball,” Tucker said. “There’s a lot of ups and downs in this game, especially with how many games we play.”
There haven’t been many games like this, though.
The Cubs are just the seventh team in at least the past 125 seasons to allow 10 or more runs in an inning and win. They are also the fifth team to give up 10 or more runs and score six or more in the same inning.
The 16 combined runs in the eighth were the most in an inning at Wrigley Field, according to the Elias Sports Bureau.
“If you’ve seen that one, you’ve been around for a while,” Cubs manager Craig Counsell said with a laugh. “It was crazy. You know, we gave up 10 runs in an inning and we won. So it was a wild game, but we kept going, and, you know, there’s 27 outs in a game and this kind of proves it, and you’re just happy to get out with a win.”
On a warm day with the ball carrying, Carson Kelly homered twice. Ian Happ belted a grand slam and Seiya Suzuki went deep, helping the Cubs open a weekend series on a winning note.
“You’ve seen it early — having some tough losses, coming back winning the next day,” Happ said. “Losing the first game of the series, winning the series. Little things like that. Today’s a great example of professional hitters going out there and continuing to have really good at-bats.”
The way things transpired in the final two innings was something to see.
Kelly hit a two-run homer in the second against Corbin Burnes, and Happ came through with his grand slam against Ryne Nelson as part of a five-run seventh. But just when it looked as if the Cubs were in control with a 7-1 lead, things took a wild turn in the eighth.
The crowd of more than 39,000 let the Cubs hear it, but their team regrouped in the bottom half. Bryce Jarvis hit Nico Hoerner leading off and walked Pete Crow-Armstrong before Kelly drove a three-run homer to center. Tucker, the Cubs’ prized offseason addition, came through after Happ singled with one out. Suzuki followed with his drive against Joe Mantiply to give the Cubs a 13-11 lead.
Arizona, which had won five straight, became just the third team over the past 50 seasons to lose a game in which it had a 10-run inning at any point, according to ESPN Research.
“You just got to stay locked in,” Kelly said. “Obviously, you don’t want to … give up 10 in an inning. Obviously, you don’t want to do that. I think the biggest thing is coming back, regrouping and continuing to fight.”
Major League Baseball suspended New York Yankees infielder Jazz Chisholm Jr. for one game and fined him an undisclosed amount, the result of his actions during Thursday night’s win against the Tampa Bay Rays.
Chisholm was ejected in the seventh inning by plate umpire John Bacon for arguing after a called third strike on a full-count pitch from Mason Montgomery that appeared low.
Minutes later, he posted on his X account, “Not even f—ing close!!!!!” then deleted the post.
“I didn’t think before I had anything that I said was ejectable but after probably,” Chisholm said after the game. “I’m a competitor, so when I go out there and I feel like I’m right and you’re saying something to me that I think doesn’t make sense, I’m going to get fired up and be upset.
“I lost my emotions. I lost my cool. I got to be better than that. … I’m definitely mad at myself for losing my cool.”
Michael Hill, the league’s senior vice president for on-field operations, said Friday’s discipline was for Chisholm’s “conduct, including his violation of Major League Baseball’s Social Media Policy for Major League Players.”
MLB regulations ban the use of electronic devices during games. The social media policy prohibits “displaying or transmitting content that questions the impartiality of or otherwise denigrates a major league umpire.”
Chisholm did appeal the decision, allowing him to play in Friday night’s 1-0 win against the Rays. He started at second base and went 0 for 4 with two strikeouts.
Information from The Associated Press was used in this report.
Manager Dave Roberts said before the Dodgers’ series opener Friday night against the Rangers that Ohtani was with his wife and going on MLB’s paternity list.
“He and Mamiko are expecting at some point. That’s all I know,” Roberts said. “I don’t know when he’s going to come back and I don’t know when they’re going to have the baby, but obviously they’re together in anticipation.”
The 30-year-old Ohtani posted on his Instagram account in late December that he and his 28-year-old wife, a former professional basketball player from his native Japan, were expecting a baby in 2025.
“Can’t wait for the little rookie to join our family soon!” said the Dec. 28 post that included a photo showing the couple’s beloved dog, Decoy, as well as a pink ruffled onesie along with baby shoes and a sonogram that was covered by a baby emoji.
Ohtani can miss up to three games while on paternity leave. The Dodgers have a three-game series in Texas before an off day Monday, then play the Cubs in Chicago on Tuesday.