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.
Source:CoinDesk · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Goldman Sachs raised its 2026 EPS growth forecast for the European STOXX 600 index to 15%, citing strong performance in European equities and their advantage when AI investments are questioned.
-
2
South Korea's economy expanded 3.8% on-year in H1, accelerating from 1.8% in H2 last year, with resilient fundamentals despite stock market turmoil
-
3
Barclays and RBC Capital Markets analysts expect European defense stocks to deliver continued strong growth in the coming years as the region’s rearmament cycle enters a new stage.
-
4
Goldman Sachs reports that with the expansion of AI hashrate, humanoid robots are expected to become the next growth driver for AI, with global shipments projected to rise to 502,000 units by 2032.
-
5
Indian equity funds' July inflows slow, small- and mid-caps remain in demand
-
6
Morgan Stanley: Market Severely Underestimating Value of SpaceX AI Business, Stock Could Reach $600 in Bull Case Scenario
-
7
Ukrainian President Zelenskyy warns Russia is preparing for war escalation, citing North Korean military equipment and increased missile production
-
8
ECB to Solicit Public Feedback on Future Euro Banknote Designs at August 20 Frankfurt Concert
-
9
WTI crude oil rose 2.53% intraday, now trading at $84.210.
-
10
Coinbase rolls out derivatives for UK professional investors, including perpetuals, futures, and crypto options with up to 50x leverage
Markets Today
Recommended Reading


