An XRP bridge lost nearly $200,000 after a software flaw allowed an attacker to claim fake deposits and withdraw real tokens
The bridge, connecting the XRP Ledger to the tx blockchain (formerly Coreum), was drained of approximately 200,000 XRP on August 9. The attacker exploited a vulnerability where the bridge's software incorrectly registered transactions as deposits without actual XRP being delivered to the reserve. This allowed the attacker to create unbacked bridged XRP on the tx chain, which was then used to withdraw real XRP from the bridge's reserve wallet. The bridge has since been halted, the vulnerability identified and fixed, and its operator, tx, has filed a complaint with the FBI's Internet Crime Complaint Center.
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