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200,000 XRP stolen in 97 minutes due to a Coreum bridge flaw, not a hack of the XRP Ledger itself.

Market News
11 Aug 2026
Coinpaper
View Source
Bearish
pluang ai news

A logic flaw in the Coreum–XRP Ledger bridge allowed an attacker to withdraw 200,000 XRP in just 97 minutes without stealing private keys or hacking the XRP Ledger. The attacker exploited a weakness in the bridge’s relayer logic, which improperly verified transaction memo data instead of destination addresses, causing fraudulent transactions to be accepted as legitimate. The XRP Ledger itself remained secure, but the incident highlights risks in blockchain bridges that connect networks. The Coreum bridge has been halted pending investigation, while separate XRP scams continue to target users, emphasizing the need for caution with both software and social-engineering threats.

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