Peter Brandt, an analyst and experienced trader, said that Ripple's XRP cryptocurrency is a fraudulent scam, with the price of coins being constantly manipulated.
The independent rating agency Weiss Ratings published a report analyzing the positions of 122 digital assets. According to analysts, the most promising of them are BTC, XRP and EOS.
In the monthly report, the agency presented the results of a research of the cryptocurrency market, where all digital assets assessed in the categories "Investment Risk and Profit", as well as "Technology and Acceptance". Each cryptocurrency assigned a rating from A to F.
Fake mining apps for XRP, Cardano (ADA) and Tether cryptocurrency found on Google Play. However, in reality, these applications only pretend that they are mining virtual coins, because from a technical point of view, mining of these tokens is impossible.
Fortinet employees noticed that applications are being promoted on Google Play as a means of mining XRP, Cardano (ADA) and Tether crypto-assets, but in fact, they are used only for displaying advertisements.