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coinpedia 2025-03-21 04:45:45

Watcher.Guru’s X Account Hacked — Fake XRP News Goes Viral Before Tweet Vanishes

Watcher.Guru’s X Account Hacked — Fake XRP News Goes Viral Before Tweet Vanishes

The post Watcher.Guru’s X Account Hacked — Fake XRP News Goes Viral Before Tweet Vanishes appeared first on Coinpedia Fintech News Recently, social media discussions have circulated unverified claims suggesting that SWIFT is nearing an agreement with Ripple to incorporate XRP into its cross-border payment system, with reports alleging that billions of XRP are secured in escrow as liquidity reserves. Watcher.Guru Claims Account Hacked However, Watcher.Guru, a cryptocurrency news platform that initially reported these claims, announced that its account was hacked. The platform stated, “Our X account has been hacked and the previous post (now deleted) was posted by a hacker.” Analyst Egrag Crypto expressed amusement at the situation where the account announced big news about XRP, but shortly after, all accounts related to it were hacked, recovered, deleted, and reposted with information about the hack. The situation was met with a mix of humor and disbelief due to the bizarre sequence of events. https://twitter.com/WatcherGuru/status/1902915925113766349 Idea Remains Speculative, No Official Confirmation Yet Within the XRP community, there’s growing debate about SWIFT’s future, with some suggesting that XRP and Ripple’s technology could replace SWIFT in global finance. They argue that XRP offers faster transactions, lower fees, and better liquidity management. There are challenges to XRP replacing SWIFT, including regulatory issues and the need for broad adoption by institutions. Currently, SWIFT remains the main system for international financial messages, connecting over 11,000 institutions. While XRP has advantages, like faster transactions and lower fees, the idea of it replacing SWIFT is still speculative and there’s no official confirmation from Ripple or SWIFT about such a shift. Ripple CEO Hints At It in the Past However, a potential Ripple-SWIFT partnership could revolutionize global payments, making cross-border transfers faster, cheaper, and more efficient. Ripple CEO Brad Garlinghouse has hinted at this idea, in the past, sparking excitement within both the crypto and banking sectors. The use of XRP in escrow for liquidity reserves could reduce concerns about crypto volatility. However, challenges like regulatory issues and SWIFT’s hesitance to fully adopt crypto remain. If it happens, the partnership could boost XRP’s adoption and value, but there are still technical and integration hurdles to overcome.

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