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Coreum bridge loses 99.7% of XRP reserve in $200K exploit

Protos·August 12, 2026·1 min read
Coreum bridge loses 99.7% of XRP reserve in $200K exploit

An attacker swiped 99.7% of the Coreum bridge's XRP reserve by creating fake deposit transactions that never actually happened. The exploit resulted in a loss of $200K. The incident highlights vulnerabilities in cross-chain bridge infrastructure and raises security concerns for users of the Coreum network.

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