Hostile takeovers of companies aren't cool. You know what's cool? Hostile takeovers of cryptocurrencies.
That's the thinking behind something called Valor, which Axios has learned is in the early stages of attempting a hostile takeover of XRP, a $14 billion cryptocurrency that is controlled by a VC-funded, Silicon Valley company called Ripple.
The big picture: If successful, it would mark a major win for proponents of decentralized blockchain and help Valor achieve its goal of deploying a digital remittance system for developing countries. It also would be a massive loss for Ripple and possibly launch copycat attacks on other cryptocurrencies.