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    MarketForces Africa » MarketForces News » XRP Gains as Ripple Plans to Share North Korea Threat Intel

    XRP Gains as Ripple Plans to Share North Korea Threat Intel

    Julius AlagbeBy Julius AlagbeMay 5, 2026Updated:May 5, 2026 News No Comments3 Mins Read
    XRP Gains as Ripple Plans to Share North Korea Threat Intel
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    XRP Gains as Ripple Plans to Share North Korea Threat Intel

    XRP gained about 2% to $1.42 over the past 24h, closely tracking broader market gains, primarily driven by its positive beta with Bitcoin amid Ripple’s plan to share hacker intelligence with the crypto industry.

    Ripple announced on May 4, 2026, that it will share North Korea-linked threat intelligence with the broader crypto industry through Crypto ISAC, the sector’s dedicated information-sharing organisation. a move designed to help firms detect and counter long-term social-engineering attacks before they result in catastrophic losses.

    Ripple’s decision comes in response to a surge of attacks linked to North Korea that targeted decentralised finance (DeFi) in 2026. The most notable incidents include the hacks of the Solana-based Drift Protocol and the re-staking platform KelpDAO.

    According to TRM Labs, these two incidents alone resulted in North Korean groups acquiring approximately $577 million—$285 million from Drift and around $292 million from KelpDAO. This accounts for 76% of the total value lost in crypto hacks through April.

    Chainalysis and TRM report that North Korean-linked actors stole over $2 billion in 2025 alone, bringing their total haul to more than $6.7 billion. Additionally, North Korea’s share of global crypto hack losses increased significantly, climbing from under 10% in 2020 to 64% by 2025.

    The shared data includes fraud-linked domains, wallets, indicators of compromise, and enriched identity signals that can help companies screen applicants, contractors, and vendors, according to Crypto ISAC’s official announcement.

    Ripple, Coinbase, and other founding members are among the first companies using Crypto ISAC’s updated API to normalise intelligence across Web2 and Web3 threat indicators. The initiative marks a shift from isolated corporate defenses toward coordinated industry-wide security operations.

    XRP’s 1.32% gain closely mirrored Bitcoin’s 1.46% rise and the total crypto market cap’s 1.59% increase over the same period.  With volume down 27.6%, the uptick lacks strong conviction. The key trigger is Bitcoin’s stability above $81,000. If that holds, XRP may attempt to challenge the $1.50 resistance area.

    A breakdown below the $1.40 support level could see a test of $1.35. The near-term bias is neutral to cautiously bullish, contingent on Bitcoin’s next move. A decisive break above $1.45 on increasing volume will confirm bullish momentum.

    XRP’s modest gain reflects its high beta to the crypto market, not independent strength. #XRP Gains as Ripple Plans to Share North Korea Threat Intel … Nigerian Exchange Indicators Sink as Investors Lose N904bn

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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