XRP Ledger Takes Emergency Action Against Threat to User Funds After Near Wallet Breach

▲ XRP, cryptocurrency security/AI-generated image

A critical design flaw in the XRP Ledger (XRPL) system nearly led to a crisis that could have drained users’ assets in full, but an emergency response by developers prevented a major disaster.

According to cryptocurrency-focused media outlet U.Today on February 27 (local time), it was confirmed that a serious security bug existed in XRPL’s batch amendment feature, which processes multiple transactions together.

The flaw carried the risk that even transactions approved by the network could malfunction under certain conditions, potentially exhausting the entire balance of a private wallet. Security experts warned that if the vulnerability had been exploited, it could have resulted in a massive asset loss incident capable of shaking the entire XRP ecosystem.

The XRP Ledger development team immediately distributed a corrective patch upon recognizing the issue, restoring network stability. This case clearly demonstrated how unforeseen gaps arising during blockchain network upgrades can prove to be critically dangerous.

Participants in the XRP network are currently updating to the latest version to mitigate security threats. The development team is strengthening its code review processes and expanding cooperation with external security firms to prevent similar incidents in the future.

With the technical improvements completed, network reliability is expected to return to a stable trajectory. The development team is prioritizing user protection and focusing all efforts on enhancing transparency in system operations.

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