A large transaction has been recorded on the crypto market, where 75 million XRP, about $108 million at the current rate, was transferred from Ripple wallets to the Coinbase exchange. Despite the scale and nature of the transfer, there are calls not to rush to conclusions about a "sell-off", instead viewing the incident through the lens of the company's updated business model.
Criminals posing as police officers pulled off a million-dollar Bitcoin heist. They showed up at someone's door, flashed what looked like badges, and basically scared the victim into transferring the funds on the spot.
In major XRP news today, Ripple moved a significant amount of XRP coins to Coinbase crypto exchange. On-chain transaction data revealed transfers to multiple subwallets by Ripple, followed by further transfers to Coinbase subwallets.