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Audit contest finds two critical XRP Ledger bugs pre-release, preventing potential account drains without private keys.

Protocol Fundamentals
15 Aug 2026
Crypto news
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Bullish
pluang ai news

A $550,000 audit contest by Sherlock uncovered 96 vulnerabilities in five upcoming XRP Ledger features, including two critical bugs that could have drained user accounts without private keys. Ripple addressed these issues before activation, highlighting its proactive audit-before-release approach, unlike many crypto projects that patch after exploits. The findings reinforce XRPL's security model, which separates code deployment from feature activation, allowing thorough review and preventing fund loss. The XRP Ledger 3.3.0 update includes these fixes plus new features targeting institutional adoption, emphasizing Ripple's commitment to secure, compliant blockchain infrastructure.

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