A scammer
Ripple is set to implement an upgrade to the XRP Ledger that will curb the menace of crypto scammers and secure crypto investors.
Ad
A tweet on 10 September says this new upgrade will bring an end to crypto scams on XRPL and prevent the loss of digital assets including tokens and NFTs.
A timely intervention
Crypto scams are becoming increasingly rampant, especially during bull markets. So far, investors have reportedly lost $2.5 billion in stolen crypto in 2025 through wallet compromise and phishing as the main channels.
This has left many victims stranded, many of which invested their life savings in different crypto assets and lost everything.
Up to this point, there has not been any reliable solution hindering scammers from stealing from users of any chain, but that is about to change.
Ad
Tagged XLS-86 Firewall, the amendment is still in development but soon to be available and could become the ultimate solution to the rampant scams.
It is basically a setting users can put on their XRP account to only allow transactions to go to their white-listed accounts, making it impossible for thieves to move assets to any other account.
Anyone who opts to use the feature will be effectively protected from scammers and fraudsters seeking to steal their digital assets.
If successfully implemented, this amendment could become a major addition to the XRP Ledger, giving it an edge over other blockchains.
Increasing confidence in XRP
XRP is one of the most popular crypto assets currently, and has been in the news a lot as investors and analysts believe it has a bright future.
With the successful implementation of the firewall, investors will likely develop more confidence in the asset, which could become the reason for many more to invest with a sense of security. This means a better chance of success for the asset also.
How do you rate this article?
Subscribe to our YouTube channel for crypto market insights and educational videos.
Join our Socials
Briefly, clearly and without noise – get the most important crypto news and market insights first.
Most Read Today
1
Peter Schiff Warns of a U.S. Dollar Collapse Far Worse Than 2008
2Dubai Insurance Launches Crypto Wallet for Premium Payments & Claims
3XRP Whales Buy The Dip While Price Goes Nowhere
4Samsung crushes Apple with over 700 million more smartphones shipped in a decade
5Luxury Meets Hash Power: This $40K Watch Actually Mines Bitcoin
Latest
Most Read Today
MOST ENGAGING
8
Also read
Similar stories you might like.
Bitcoin
Why Bitcoin Looks Weak Today But Strong Long-Term
Ana | 2026-01-29
Altcoins
Tom Lee’s Bitmine Deepens Massive Ethereum Staking Bet to $7.6B
Ana | 2026-01-29
Altcoins
Dogecoin Bulls vs. Bears? One Key Line Decides Everything
Ana | 2026-01-29
Altcoins
XRP Whales Buy The Dip While Price Goes Nowhere
Ana | 2026-01-29
Altcoins
Russia Finalizes Rules for Bitcoin, Ethereum, and Stablecoins
Ana | 2026-01-29
Altcoins
Crypto Mirrors 2020 as a 2021-Style Rally Looms
Ana | 2026-01-28
Bitcoin
Bitcoin’s Four-Year Cycle Is “Dead,” Claims the World’s Smartest Man
Ana | 2026-01-28
Altcoins
Grayscale Tweaks XRP Trust Filing as Spot ETF Momentum Heats Up
Ana | 2026-01-29
Bitcoin
Dorsey’s Offline Chat and Bitcoin App Surges Amid Iran, Uganda Shutdowns
Ana | 2026-01-29
Altcoins
Vitalik Warns Crypto’s Biggest Risk Isn’t Hackers – It’s Something Worse
Ana | 2026-01-28