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- XRP bridge collapses đźš§
XRP bridge collapses đźš§
The bridge connecting the Tx Chain and the XRP Ledger credited transactions that did not deliver XRP as deposits.
📝 What you need to know
An attacker drained some $200,000 from an XRP Ledger bridge, thanks to a flaw that treated fake deposits as real.
Tx, which operates the bridge connecting Tx Chain and the XRP Ledger, explained that the bridge had undergone multiple internal and third-party audits prior to deployment, but the vulnerability went undetected.
The incident had little impact on XRP’s price—not least because the amounts involved were small—but the cryptocurrency continues to underperform the rest of the market. One factor is that traders are waiting on the delayed Clarity Act, which would formally classify XRP as a digital commodity and resolve the regulatory ambiguity that’s stifled institutional demand.
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