Radio
Now Playing
Quickyla Radio โ€” Click to play
Open โ†’
3 min left

Attackers steal 30,000 XRP due to software bug in bridge system

A software bug allowed attackers to steal 30,000 XRP by treating fake deposits as real. This breach highlights that even audited cross-chain bridges remain vulnerable to complex smart-contract flaws.

XRP Bridge Drained After Software Treats Fake Deposits as Real
Decrypt โ€” 12 August 2026
Text:
1 0 0

An attacker drained the XRP Bridge, stealing 30,000 XRP, after a software bug treated fake deposits as real. On Tuesday, Marchโ€ฏ5, 2024, the bridge that lets users move XRP from the XRP Ledger to Solana and other blockchains was compromised. The flaw, which had passed several independent audits, allowed the attacker to create unbacked balances and withdraw the stolen XRP from the bridgeโ€™s reserve pool.

The XRP Bridge is a crossโ€‘chain bridge that locks XRP on the XRP Ledger and issues wrapped tokens on other chains. It is designed to expand XRPโ€™s use beyond its native ledger by enabling liquidity and trading on Solana and other ecosystems. The recent breach shows that even wellโ€‘audited code can contain hidden vulnerabilities, especially in complex smartโ€‘contract interactions that span multiple blockchains.

Security researchers discovered that the bridgeโ€™s deposit function did not properly

Read Full Story at Decrypt โ†’
Advertisement
React:
Sources
Sponsored

More to Read

7 Statesโ€™ Water Systems Hit by Cyberattacks Likely Tied to โ€ฆ
๐Ÿ’ป Technology
7 Statesโ€™ Water Systems Hit by Cyberattacks Likely Tied to Iran
Wired ยท 12 days ago
I've been buying foreclosed properties for almost 10 years.โ€ฆ
๐Ÿ’ป Technology
I've been buying foreclosed properties for almost 10 years. Here's what you should know bโ€ฆ
Business Insider Mkt ยท 11 days ago
Reddit is letting AI decide when your post breaks the rules
๐Ÿ’ป Technology
Reddit is letting AI decide when your post breaks the rules
Android Authority ยท 7 days ago
Iran war live: Trilateral Mecca defence pact signed, as Horโ€ฆ
๐ŸŒ World News
Iran war live: Trilateral Mecca defence pact signed, as Hormuz deal looms
Al Jazeera ยท 5 days ago
Saudi intelligence chief meets Iraqi PM, renews Riyadh visiโ€ฆ
๐ŸŒ World News
Saudi intelligence chief meets Iraqi PM, renews Riyadh visit invitation
Al Jazeera ยท 5 days ago
Anne Sweeney Resigns From Netflix Board After 11 Years
๐Ÿ’ฐ Business
Anne Sweeney Resigns From Netflix Board After 11 Years
Variety ยท 13 days ago
Full view