Coreum bridge loses 99.7% of XRP reserve in $200K exploit
An attacker swiped 99.7% of the Coreum bridge’s XRP reserve by creating fake deposit transactions that never actually happened.
An attacker swiped 99.7% of the Coreum bridge’s XRP reserve by creating fake deposit transactions that never actually happened.
Crypto and blockchain have not been particularly helpful for clearinghouse giants like DTCC expanding to 24 hour service.
Ripple’s RLUSD became Japan’s first Type 4 instrument, but the only version that holders in the country can use runs on Ethereum.
$879 million of the $1.63 billion worth of tokens in circulation sits on Ethereum versus $760 million on the XRP Ledger.
Despite its $69B market cap, the XRP Ledger earns a de minimis amount of chain fees. For scale, Bitcoin users paid miners $183K in fees.