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Nearly 200,000 XRP stolen from Coreum bridge due to relayer logic flaw, not XRP Ledger vulnerability

Market News
11 Aug 2026
Crypto news
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Bearish
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On August 9, nearly 200,000 XRP were drained from the Coreum XRPL bridge in 94 payments over 97 minutes. The attacker exploited a flaw in the bridge's relayer logic that misinterpreted internal wallet transfers as deposits, allowing unauthorized withdrawals. The XRP Ledger itself was not compromised, as the issue stemmed from the bridge software failing to verify payment destinations properly. The stolen XRP moved quickly through several wallets, and the bridge remains halted pending a formal incident report and fixes to prevent future breaches.

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