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XRP falls after Ripple co-founder loses $112.5m, new crypto AI project trending

11 February 2024
in XRP
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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Interest in XRP appears to be rising after co-founder Chris Larsen’s account was hacked, losing $112.5 million. The team was informed about the incident by WhiteBit, a crypto exchange. XRP has since been under pressure.

Meanwhile, InQubeta (QUBE), a platform on Ethereum that helps startups find backers for AI-based innovation through an NFT marketplace, is trending. It has raised over $8.9 million in the ongoing presale.

InQubeta: turning AI startups into leaders

InQubeta relies on QUBE to power all transactions. 

QUBE is deflationary, meaning the total supply will gradually decrease. 

Experts believe that InQubeta has an edge over other platforms due to its business development services that empower startups to stand out in a competitive world. 

InQubeta offers guidance from experienced professionals and networking opportunities for startups. 

The platform has upcoming initiatives to connect with new audience groups and improve user experience by supporting staking dapps and plans for listing QUBE on multiple exchanges.

Ripple to extend payment services in the United States

Ripple helps businesses explore new opportunities. 

XRP Ledger’s XRP is critical to Ripple, enabling faster transfer of value.

Ripple recently announced plans to expand payment services in the United States. 

The team is preparing to release updates powered by money transmitter licenses. 

Conclusion

Despite facing market challenges, XRP and InQubeta have maintained their hold and are impressing analysts with their transparent models. For this reason, investors are looking at these tokens as they plan to diversify.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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