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XRP drops below $1 for the first time in nearly two years

XRP fell below $1 for the first time since January 2024 after a Coreum XRPL bridge exploit drained nearly 200,000 XRP in just 97 minutes.

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benzinga.com

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cryptobriefing.comStai leggendo18 h fa

XRP drops below $1 for the first time in nearly two years

A deposit verification flaw in Coreum's XRPL bridge drained 199,916 XRP in 97 minutes on August 9. Cross-chain bridges remain crypto's audit blind spot: input-validation errors in pre-deployment reviews expose systemic infrastructure risk and erode operator trust.

originale

benzinga.com16 h fa

XRP Falls to $1 as a Bridge Hack Drains 200,000 XRP: What's Going On?

Coreum bridge drained of 200,000 XRP through relay software flaw; 21 independent validators mistakenly approved the spoofed deposits. Critical signal that multi-chain bridges have design gaps—CIOs must reassess cross-chain settlement strategy.

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Timeline cronologica

martedì 11 agosto 2026·cryptobriefing.com
Nearly 200,000 XRP drained from Coreum cross-chain bridge exploit
A deposit verification flaw in the Coreum cross-chain bridge allowed an attacker to drain 199,916 XRP in 97 minutes through 94 fraudulent
martedì 11 agosto 2026·cryptobriefing.com
XRP drops below $1 for the first time in nearly two years
XRP fell below $1 for the first time since January 2024 after a Coreum XRPL bridge exploit drained nearly 200,000 XRP in just 97 minutes.

XRP drops below $1 for the first time in nearly two years

XRP Falls to $1 as a Bridge Hack Drains 200,000 XRP: What's Going On?

Timeline cronologica

Nearly 200,000 XRP drained from Coreum cross-chain bridge exploit

XRP drops below $1 for the first time in nearly two years

XRP Falls to $1 as a Bridge Hack Drains 200,000 XRP: What's Going On?