None
EN
200K XRP Drained in 97 Minutes as Coreum Bridge Flaw Sparks Alarm
['Brian Njuguna', 'Brian Njuguna Is A Seasoned Crypto Journalist At Coinpaper', 'Specializing In Blockchain Innovation', 'Market Trends', 'Regulatory Developments. With A Background In Economics', 'Years Of Experience Covering The Digital Asset Space', 'Brian Delivers Sharp', 'Data-Driven Insights That Cut Through The Hype. His Reporting Bridges Global Crypto Narratives With Emerging Market Perspectives', 'Making Complex Topics Accessible To A Wide Audience.', 'Min Read']
Coinpaper
200,000 XRP Drained in 97 Minutes as Bridge Flaw Exposes a Bigger Crypto Risk200,000 XRP was siphoned in just 97 minutes after a logic flaw in the Coreum–XRP Ledger bridge reportedly allowed an attacker to trigger withdrawals without stealing private keys or compromising the XRP Ledger itself.
Coreum Bridge Halted After 200K XRP Exploit as New Scams Target XRP UsersThe Coreum bridge has reportedly been halted, with a full investigation and incident report still pending.
Unlike the Coreum case, the South Korean incident involved an alleged fraudulent investment scheme rather than a technical bridge exploit.
Together, however, the cases highlight two very different risks facing XRP users: software vulnerabilities and social-engineering scams.
For XRP holders, the Coreum incident carries a notable takeaway that the reported loss occurred at the bridge level, not because the XRP Ledger itself was compromised.