Ripple Developer Warns of Compromised XRP Wallet Account
Ripple's Chief Technology Officer David Schwartz alerts the XRP community about a security breach in a major self-custody wallet's official social media account.
Ripple's Chief Technology Officer David Schwartz alerts the XRP community about a security breach in a major self-custody wallet's official social media account. XRP (XRP) is trading at ₹124 ($1.30). This is an original Token Times brief based on reporting by U.Today, with live market data added, as of Mon, 19 Oct 2026 21:00:02 UTC.
The breach highlights growing security risks in the crypto space, particularly for self-custody solutions, and underscores the need for vigilance among users to protect their assets from potential scams.
- Ripple CTO warns of compromised official account of major XRP wallet.
- Incident raises concerns about security of self-custody solutions.
- XRP price up 3.15% in 24 hours despite security warning.
- Crypto market cap at $2.8T with Fear & Greed index at 59 (Greed).
Ripple's Chief Technology Officer, David Schwartz, has alerted the 
XRP community about a security breach involving the official social media account of a major self-custody wallet focused on XRP. This warning comes amid growing concerns over the safety of digital assets and the increasing sophistication of cyber threats in the crypto space.
The compromised account raises significant concerns for users of self-custody solutions, as it could potentially be used to disseminate malicious links or misinformation, leading to asset losses. This incident underscores the importance of maintaining robust security practices and remaining vigilant against phishing and other cyber threats.
Despite the security warning, XRP's price has shown resilience, currently trading at $1.3, representing a 3.15% increase over the past 24 hours. However, the token has experienced a 4.42% decline over the past week. The broader crypto market remains in a positive trajectory, with the total market cap at $2.8 trillion and the Fear & Greed index at 59, indicating a sentiment of 'Greed' among investors.
This development comes at a time when Ripple is actively working on expanding the use cases for XRP and promoting the adoption of decentralized finance (DeFi) solutions. The incident highlights the challenges of ensuring security while fostering innovation and accessibility in the DeFi space.
As the crypto community continues to grow, incidents like this serve as a reminder of the importance of cybersecurity and the need for continuous improvement in security measures. Users are advised to exercise caution and verify information through official channels to protect themselves from potential scams.
Since this brief published about 9 hours ago, XRP (XRP) has moved from ₹123.74$1.30 to ₹123.74$1.30 — +0.00%.
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 ≈ ₹134.93 (about $1.30), up 2.9% over 24 hours. The rupee itself trades about 9.0% 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 asset in this story — live, source-stamped, updated every 15 minutes.
Ripple Developer Warns of Compromised XRP Wallet Account — questions & answers
What exactly happened with the XRP wallet account?
The official social media account of a major XRP-focused self-custody wallet was compromised, according to Ripple CTO David Schwartz.
How is the XRP price reacting to the security warning?
XRP is up 3.15% in the past 24 hours, currently trading at $1.3, despite the security concerns.
What broader implications does this incident have for the crypto market?
The incident highlights the importance of cybersecurity in the crypto space and the need for users to remain vigilant against potential threats.
How much is 1 XRP worth in rupee today?
About ₹134.93 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.30. 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.
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.