Exploit Leads to 200,000 XRP Loss via TX Bridge, XRP Ledger Unaffected
Exploit Leads to 200,000 XRP Loss via TX Bridge, XRP Ledger Unaffected
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An exploit on a TX bridge resulted in the loss of 200,000 XRP due to a fatal logic flaw that validated fake deposits. Crucially, on-chain data has confirmed that the XRP Ledger itself was not to blame for the incident.
200,000 XRP Lost in 97 Minutes: Who's to Blame?
On-chain data clears the XRP Ledger as a fatal logic flaw forces the TX bridge to validate fake deposits and authorize its own 200,000 XRP drain.