XRP Ledger Suffers Network Disruption After Major Exchange's Wallet Empties
XRP Ledger Suffers Network Disruption After Major Exchange's Wallet Empties
The XRP Ledger experienced a significant operational glitch when a wallet associated with BitGo, a prominent crypto exchange, ran out of XRP. This incident led to a surge of failed transactions and temporarily turned the network into a 'spam factory' before the issue was resolved with a new XRP deposit.
XRP Network Faces Temporary Chaos
According to Utoday, the XRP Ledger underwent a period of intense disruption when a BitGo wallet's balance unexpectedly hit zero. This critical event initiated a cascade of failed payments across the network, leading to hours of congestion and what was described as a 'spam factory' environment. The operational issue was eventually rectified through a timely deposit of XRP, restoring normal functionality to the blockchain.