BeInCrypto

XRP Price Drops Below $1 After Coreum Bridge Hack. First-Time Since 2024

An attacker drained nearly 200,000 XRP tokens from the Coreum bridge in 97 minutes on August 9, exploiting a validation gap in the relayer software rather than any weakness in the XRP Ledger. The bridge halted operations as XRP slid below $1 amid broader market caution. What Actually Went Wrong on the Bridge A blockchain

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