Securities and Exchange Commission (SEC) sued Ripple and two of its executives alleging they sold unregistered securities when they issued $1.3 billion worth of XRP tokens. Many of these attacks involve sending you a private message to avoid detection from r/FlareNetworks. Notably Coinbase was one of the cryptocurrency exchanges that delisted $XRP after the U.S. Never share or input your private keys/recovery words anywhere Scammers have been targeting the Flare & Songbird community with various phishing methods to deceive you into revealing your private key/recovery words in order to steal your funds. Please tweet them and email them as much as possible. But Im asking all xrp holders who were issued Songbird on Coinbase to help out pressure on Coinbase for answers. Spark tokens are to be used for governance on the Flare network through voting mechanisms, and token holders will be able to earn a return on their holdings by committing Spark tokens as collateral to secure the trustless issuance and redemption of FXRP, a protocol built to “safely enable the trustless issuance, usage, and redemption, of XRP on Flare.”Įarlier this year, Flare Networks entered a new partnership with Ola finance, a platform offering customized lending networks, in a bid to further expand the decentralized finance (DeFi) offering it brings to assets like $XRP and Dogecoin ($DOGE). Many smart asses will point out that once your crypto is on an exchange its not yours.

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