XRP Bridge Drained of $200,000 After Software Mistook Fake Deposits for Real Ones

NewsWed, 12 Aug 2026 05:49:40 UTC2 hours ago

TLDR

  • Nearly 200,000 XRP worth around $200,000 was drained from a bridge linking the XRP Ledger to the Coreum (tx) blockchain on August 9
  • A software flaw let the attacker create fake deposit records without actually sending any XRP to the bridge
  • The bridge’s relayers, seeing valid-looking records, signed off on 94 real XRP withdrawals over 97 minutes
  • The stolen XRP was moved through multiple wallets within hours of the attack
  • The bridge has been halted, the flaw has been fixed, and a complaint has been filed with the FBI

An attacker drained nearly 200,000 XRP from a blockchain bridge on August 9 by exploiting a software flaw that let fake deposits trigger real withdrawals.

The bridge connected the XRP Ledger to Coreum, a blockchain that rebranded this March as tx, which focuses on tokenizing real-world assets.

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