Former Ripple CTO Mocks $6 Billion Binance Hack with XLM Joke
A former Ripple executive's sarcastic tweet about the Binance hack highlights tensions in the crypto community.
A former Ripple executive's sarcastic tweet about the Binance hack highlights tensions in the crypto community. XRP (XRP) is trading at ₹120 ($1.26), up 0.8% since this brief published. This is an original Token Times brief based on reporting by U.Today, with live market data added, as of Fri, 30 Oct 2026 11:00:01 UTC.
The incident underscores ongoing security concerns in the crypto space and highlights the competitive dynamics between different blockchain projects.
- Binance reportedly lost over $6 billion in a major hack.
- Hackers stole 233 million XRP during the breach.
- Former Ripple CTO's tweet mocks the situation with a Stellar joke.
- Binance Investigates $5.9 Billion Security Breach Impacting Major Cryptocurrencies
- Binance Hack: $6.36B Heist Initiated with $296M XRP Transfer
- Former Ripple CTO Mocks $6 Billion Binance Hack with XLM Joke — this brief
Binance, one of the world's largest cryptocurrency exchanges, has reportedly been hacked, resulting in the loss of over $6 billion. According to reports, hackers made off with more than 233 million 
XRP during the breach.
The incident has sparked a wave of reactions across the crypto community, including a notable tweet from former Ripple CTO Stefan Thomas. Thomas sarcastically referenced 
Stellar (XLM), a competitor to XRP, in his response to the hack.
The broader crypto market has reacted negatively to the news, with 
Bitcoin down 3.16% in the last 24 hours and the overall market cap shrinking to $2.67 trillion. XRP itself has fallen 3.09% in the past day, while Stellar (XLM) is down 2.66%.
This hack is one of the largest in crypto history and raises significant concerns about exchange security. It also comes at a time of heightened regulatory scrutiny for Binance, adding to the pressure on the exchange.
The market's reaction and the ongoing investigation into the hack will be closely watched in the coming days. The incident may also fuel further debate about the need for more robust security measures in the crypto industry.
Since this brief published about 1 hour ago, XRP (XRP) has moved from ₹119.12$1.25 to ₹120.07$1.26 — +0.80%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹132.62 (about $1.26), down 2.8% over 24 hours. The rupee itself trades about 10.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Former Ripple CTO Mocks $6 Billion Binance Hack with XLM Jok — questions & answers
How much was stolen in the Binance hack?
Over $6 billion was reportedly stolen in the Binance hack.
What cryptocurrency was stolen from Binance?
233 million XRP was stolen during the Binance hack.
How did the former Ripple CTO respond?
The former CTO mocked the situation with a sarcastic tweet referencing Stellar (XLM).
How much is 1 XRP worth in rupee today?
About ₹132.62 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.26. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Has XRP's price moved since this brief was published?
XRP is up 0.80% since this brief first published — trading at ₹120 ($1.26) now versus ₹119 ($1.25) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from U.Today. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.