Coreum Bridge Breach Drains 199,916 XRP in 97-Minute Exploit Attack
- Coreum’s bridge lost nearly 200,000 XRP after a flaw let an attacker fake deposits.
- The attacker drained the funds in 97 minutes using 94 XRP withdrawal payments.
- The exploit shows how weak deposit checks can put cross-chain bridges at risk.
Nearly 200,000 XRP was stolen from Coreum’s cross-chain bridge on Aug. 9 after an attacker exploited a flaw in its deposit verification process.
The attacker drained 199,916 XRP in about 97 minutes, sending the funds to two newly created wallets. The breach left the bridge with just 493.5 XRP. The exploit allowed the attacker to trigger XRP withdrawals without making legitimate deposits.
How the Attacker Bypassed Checks
According to XRPL.io, the bridge released the stolen XRP through 94 separate payments. Each transaction received approval from 17 of the bridge’s 28 relayer keys, allowing the withdrawals to pass the…
Read The Full Article Coreum Bridge Breach Drains 199,916 XRP in 97-Minute Exploit Attack On Coin Edition.
This content is automatically aggregated. Full credit goes to the original publisher (coinedition.com).
