W

XRP bridge drained for $200,000 after software mistook fake deposits for real ones

Business Management
Share
XRP bridge drained for $200,000 after software mistook fake deposits for real ones

An attacker created unbacked XRP on another blockchain, then exchanged it for real XRP held in reserve. The bridge has been halted and its operator has filed a complaint with the FBI.

XRP bridge drained for $200,000 after software mistook fake deposits for real ones

Source：CoinDesk

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

An AI label alone no longer wins lenders, JPMorgan says

As default insurance on several AIlinked firms hits record costs, companies must show they can finance investment, service the debt and eventually mint cash,…

Binance files for Brazil crypto license ahead of Friday deadline

The exchange is delisting 22 crypto assets for Brazilian users and hopes talks with the central bank will allow it to restore some services.…

Solana bug reports now cost 1 SOL as AI floods security teams with spam

Researchers must now permanently burn 1 SOL for every submission after a monthlong contest drew 809 reports, with AI believed to have helped generate or write…

Bitcoin ETFs claw back $110M after $774M exit

US spot Bitcoin ETFs remained in the red for October, with about $202 million in net outflows for the month despite Monday’s rebound. Source：Cointelegraph

Source：https://www.coindesk.com/tech/2026/08/12/xrp-bridge-drained-for-usd200-000-after-software-mistook-fake-deposits-for-real-ones