Incident Overview
On August 9, 2026, the cross-chain bridge connecting the XRP Ledger and Coreum (now tx) was exploited. The attacker abused a flaw in the deposit-verification/relayer logic by creating fake deposits (self-transfers of the bridge’s own wrapped tokens with valid memos), tricking the relayers into authorizing real XRP withdrawals from the bridge’s reserve. Nearly 200,000 XRP (~$200,000) was drained in 94 multisig transactions over 97 minutes.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.