Ledger attack spreads to EU, AI finds ’18 trillion XRP’ bug: Hodler’s Digest
An user reports buying a tampered Ledger from a big retailer in Europe. Security researchers use AI to uncover a “$94 billion” XRP bug — but receive just a $250K bounty.
A tampered Ledger device purchased from a European retailer has spread the hacking attack that originated in Asia, according to an X user named Johannes. The attack, which may have stolen as much as $93.4 million from Ledger hardware wallet users, has now reached the EU. An AI tool analyzed the XRP blockchain and discovered a potential "18 trillion XRP" bug, but Ledger only awarded a $250,000 bounty for the finding.
The bug, which could possibly generate 184 times the entire XRP supply, has been patched by RippleX. Despite the warning from Ethereum co-founder Vitalik Buterin about AI's potential to undermine blockchain cryptography, the industry remains unconcerned. Meanwhile, Samsung plans to add USDC transfers to its Wallet app, allowing users to send stablecoins internationally and transfer funds to eligible bank accounts worldwide.
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