Back to all news
Security

200,000 XRP Lost in 97 Minutes: Who's to Blame?

U.Today·August 11, 2026·1 min read
200,000 XRP Lost in 97 Minutes: Who's to Blame?

On-chain data cleared the XRP Ledger as a fatal logic flaw forced the TX bridge to validate fake deposits and authorize its own 200,000 XRP drain. The exploit occurred over 97 minutes, with the bridge's vulnerability enabling the theft rather than a flaw in the XRP Ledger itself.

Read at U.Today
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store