Security
XRP bridge drained for $200,000 after software mistook fake deposits for real ones
CoinDesk·August 12, 2026·1 min read
An XRP bridge was drained for $200,000 after an attacker created unbacked XRP on another blockchain and exchanged it for real XRP held in reserve. The bridge has been halted, and its operator has filed a complaint with the FBI. The incident highlights security vulnerabilities in cross-chain bridges.
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