XRP Price Drops Below $1 After Coreum Bridge Hack. First-Time Since 2024
An attacker drained nearly 200,000 XRP tokens from the Coreum bridge in 97 minutes on August 9, exploiting a validation gap in the relayer software rather than any weakness in the XRP Ledger. The bridge halted operations as XRP slid below $1 amid broader market caution. What Actually Went Wrong on the Bridge A blockchain The post XRP Price Drops Below $1 After Coreum Bridge Hack. First-Time Since 2024 appeared first on BeInCrypto.
Key Takeaways
- An attacker drained nearly 200,000 XRP tokens from the Coreum bridge in 97 minutes on August 9, exploiting a validation gap in the relayer software rather than any weakness in the XRP Ledger.
- The bridge halted operations as XRP slid below $1 amid broader market caution.
- What Actually Went Wrong on the Bridge A blockchain The post XRP Price Drops Below $1 After Coreum Bridge Hack.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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