XRP Bridge Loses 200,000 XRP After Relayer Logic Flaw

Ripple news: XRP bridge drained 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.

Coreum XRPL Bridge Suffers 200,000 XRP Breach: Here’s What Happened

The Coreum XRPL Bridge recently suffered a 200,000 XRP exploit after an attacker exploited a flaw in its deposit verification process. The Coreum Bridge suffered an exploit on Aug.Visit Website

XRP bridge loses 200,000 XRP after relayer logic flaw

Coreum's XRPL bridge lost nearly 200,000 XRP after relayers treated attacker self payments as deposits, with evidence pointing to a logic flaw.

Warning: XRPL Bridge Bug Drains 199,000 XRP — The Alarming Truth About DeFi Security

Alright, let’s cut straight to it. If you’re involved in crypto, particularly the decentralized finance (DeFi) space, you need to pay close attention to what happened recently. A project called Tx, which provides decentralized infrastructure, just announced a significant exploit on its XRPL bridge. We’re talking about a loss of nearly 199,000 XRP, drained from their reserves. This isn’t just a blip on the radar; it’s a stark reminder of the very…

Hackers Made Big Money in a New Hacking Incident Involving XRP | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #hacker - National Cyber Security Consulting

The bridge operating between the $XRP Ledger (XRPL) and the tx network was halted after a critical security vulnerability in the software was exploited. The attacker created bridged $XRP without any actual $XRP deposits, making it appear as valid deposits, and then withdrew the real $XRP from the bridge’s reserve. According to a statement by […] Thank you for subscribing to our RSS feed! The post Hackers Made Big Money in a New Hacking Incident …

tx XRP bridge drained of 99.7% of its reserve in $200,000 exploit

On August 9 an attacker drained almost the entire reserve of XRP that supports the bridge between the XRP Ledger and the tx blockchain. The take was about 199,916 XRP, or about $200,000. This leaves the bridged XRP that tx users have without the real tokens they are supposed to redeem it for. The operator has closed the bridge, and the FBI has been alerted. Fake deposits emptied the reserve in 97 minutes The attacker fed the bridge fake proof of…