Coingape

XRP News: wXRP Has ‘Zero Exposure’ to Kelp DAO Hack, Hex Trust Confirms

In a major XRP news, Hex Trust, the issuer of the wrapped XRP (wXRP) token, has confirmed that the wrapped token has zero exposure to the $292 million Kelp DAO exploit that occurred over the weekend. This follows an earlier warning that wXRP on Solana could face a similar risk as DeFi concerns mount. Ad

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