Cryptocurrency

Ledger Speaks on the Security of XRP Users’ Funds: Details

Ledger, the leading hardware wallet services provider has responded to the glitches encountered by XRP users when trying to execute transactions on the mobile version of Ledger Live.

Per an official update from the team, XRP is currently incompatible with Ledger Live mobile. Accordingly, it has been observed that some XRP users are experiencing errors using the wallet service. 

In particular, users are unable to either add an XRP account or send the crypto asset through the Ledger Live mobile self-custody application, Ledger Support revealed on Tuesday. As shared by some users who have lodged their complaints, the error message often shown reads, “API HTTP 418.” 

Notably, the non-standard error code “HTTP 418”, created by the Hyper Text Coffee Pot Control Protocol (HTCPCP) usually shows when the server a user is trying to communicate with does not support the associated request. 

These issues have left many users worried about the safety of their XRP assets held on the app. However, Ledger took to Twitter to assure the XRP community that their assets are fully secured, urging customers to upgrade their mobile apps to the latest update (v.3.20.1). Meanwhile, users said v.3.20.1 is the cause of the recent issues.

“Rest assured, this has no effect on the security of your funds. In the meantime, please ensure your mobile app is on the latest version (v3.20.1),” Ledger Support tweeted

The team has also recommended that users utilize Ledger Live desktop to view and manage their XRP holdings until the issues with the app’s mobile version are sorted.


Follow us on Twitter, Facebook, Telegram, and Google News

Ndianabasi Tom

Ndianabasi Tom joined the crypto and blockchain industry in late 2018. He is an all-rounded crypto journalist and content writer. At TimesTabloid, he covers the industry's latest news, developments, and other educational content. He is a graduate of Petroleum Engineering.

Recent Posts

Good for XRP? Based On Ripple CEO Forecast, Analyst Sets Timeline For $200T TMC

EGRAG CRYPTO (@egragcrypto), a prominent analyst in the cryptocurrency space, has made a bold prediction…

53 mins ago

Best Crypto to Invest in: BlockDAG’s $21.4M Presale Triumph And Moon Keynote Captivate Beyond Kelexo & Bitbot’s Efforts

As Bitbot's presale draws attention with its market dynamics and Kelexo's presale gains ground amidst…

2 hours ago

RoboHero: Cybersecurity Vulnerabilities Threaten Web3 Project Owners as Twitter Account Compromised

RoboHero experienced significant challenges when hackers targeted their Twitter account on April 2, 2024. RoboHero,…

3 hours ago

Market Turns Red As Cardano Volume Dips & Chainlink Price Challenges While BlockDAG Mobile Mining App Goes Viral In May

As Chainlink (LINK) faces selling pressures following a brief surge and Cardano sees an increase…

4 hours ago

Solana (SOL) and Shiba Inu (SHIB) Struggle, While Furrever Token (FURR) Triumphs in Meme Coin Revolution

As selling pressure intensifies on Solana (SOL) and Shiba Inu (SHIB) finds itself trapped in…

4 hours ago

Top Ethereum Investors Eye DTX Exchange as Insiders Tease 25X ROI and Upcoming Blockchain Announcement

DTX Exchange (DTX) is finding itself at the forefront of the rapidly expanding field of…

5 hours ago