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Altcoins & DeFi

Former Ripple CTO Mocks $6 Billion Binance Hack With Stellar (XLM) Joke

Image: U.Today

The cryptocurrency market is going through the largest robbery in its history , but industry veterans manage to find a reason for harsh dark humor in it. Former Ripple CTO and creator of the XRP Ledger network David Schwartz reacted to the Binance exchange hack with a caustic joke aimed at his main historical competitor, the Stellar (XLM) blockchain. Schwartz commented on a post by EasyA co-founder Dom Kwok, who complained that hackers had wiped out his balances, leaving only Litecoin untouched. The former Ripple CTO, in turn, quipped: “These sick b*stards dropped an extra 517 XLM into my Binance account!” The sarcasm is tied to a long-running corporate conflict: Stellar was created by former Ripple co-founder Jed McCaleb, and the idea that hackers forcibly “credit” victims with competitors’ tokens…

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