Bitcoin
Bitcoin (BTC)
$103,057.00 4.24139
Bitcoin price
Ethereum
Ethereum (ETH)
$2,242.54 17.74114
Ethereum price
BNB
BNB (BNB)
$628.77 2.92427
BNB price
Solana
Solana (SOL)
$163.19 8.55616
Solana price
XRP
XRP (XRP)
$2.31 6.02615
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000144 8.00105
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000113 28.89438
Pepe price
Bonk
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$0.0000202 10.70973
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dogwifhat
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$0.683801 12.24672
dogwifhat price
Popcat
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$0.482745 5.74872
Popcat price
Bitcoin
Bitcoin (BTC)
$103,057.00 4.24139
Bitcoin price
Ethereum
Ethereum (ETH)
$2,242.54 17.74114
Ethereum price
BNB
BNB (BNB)
$628.77 2.92427
BNB price
Solana
Solana (SOL)
$163.19 8.55616
Solana price
XRP
XRP (XRP)
$2.31 6.02615
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000144 8.00105
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000113 28.89438
Pepe price
Bonk
Bonk (BONK)
$0.0000202 10.70973
Bonk price
dogwifhat
dogwifhat (WIF)
$0.683801 12.24672
dogwifhat price
Popcat
Popcat (POPCAT)
$0.482745 5.74872
Popcat price
Bitcoin
Bitcoin (BTC)
$103,057.00 4.24139
Bitcoin price
Ethereum
Ethereum (ETH)
$2,242.54 17.74114
Ethereum price
BNB
BNB (BNB)
$628.77 2.92427
BNB price
Solana
Solana (SOL)
$163.19 8.55616
Solana price
XRP
XRP (XRP)
$2.31 6.02615
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000144 8.00105
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000113 28.89438
Pepe price
Bonk
Bonk (BONK)
$0.0000202 10.70973
Bonk price
dogwifhat
dogwifhat (WIF)
$0.683801 12.24672
dogwifhat price
Popcat
Popcat (POPCAT)
$0.482745 5.74872
Popcat price
Bitcoin
Bitcoin (BTC)
$103,057.00 4.24139
Bitcoin price
Ethereum
Ethereum (ETH)
$2,242.54 17.74114
Ethereum price
BNB
BNB (BNB)
$628.77 2.92427
BNB price
Solana
Solana (SOL)
$163.19 8.55616
Solana price
XRP
XRP (XRP)
$2.31 6.02615
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000144 8.00105
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000113 28.89438
Pepe price
Bonk
Bonk (BONK)
$0.0000202 10.70973
Bonk price
dogwifhat
dogwifhat (WIF)
$0.683801 12.24672
dogwifhat price
Popcat
Popcat (POPCAT)
$0.482745 5.74872
Popcat price

Ripple backs out, won’t acquire Fortress Trust

Dalmas Ngetich
Edited by
News
Ripple backs out, won’t acquire Fortress Trust

On Sep. 28, in a post on X, Brad Garlinghouse, the CEO, revealed that Ripple has chosen not to acquire Fortress Trust. Instead, they will continue to be an investor in the blockchain-based payment network.

The blockchain firm behind On-Demand Liquidity (ODL), a solution using XRP, decided not to proceed with the acquisition following a hack that saw Fortress Trust lose between $12 to $15 million in Bitcoin (BTC), USDT, and USDC, on Sep. 12. 

Ripple initially guaranteed to compensate Fortress Trust clients for their losses as part of the acquisition deal.

Despite this setback, Garlinghouse praised the skilled team at Fortress and expressed interest in collaborating with them in the future.

Ripple will continue to invest in the company, including Fortress and its FortressPay services, as long as their original intentions remain intact.