{
  "id": 677256,
  "title": "XRP Bridge Drained After Software Treats Fake Deposits as Real",
  "url": "https://urgent.news/2026/08/12/xrp-bridge-drained-after-software-treats-fake-deposits-as-real",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-12T16:00:52.000Z",
  "source": {
    "name": "Decrypt",
    "slug": "decrypt",
    "url": "https://decrypt.co/375441/xrp-drained-tx-bridge"
  },
  "original_language": "en",
  "account": null,
  "summary": "An XRP bridge, connecting the XRP Ledger to Coreum, which rebranded as tx in March, was drained of nearly 200,000 XRP, worth about $200,000. The bridge's software flaw allowed an attacker to claim deposits that were never made, then withdraw real tokens against the fake balances.\n\nThe attacker created unbacked balances and withdrew XRP from the bridge's reserves, according to Decrypt. The drain began at 19:16 UTC on August 9 and was halted 97 minutes later.\n\nThe bridge worked like a vault with a receipt system, where a user sends XRP into a reserve wallet on the XRP Ledger, and the bridge creates an equivalent amount of bridged XRP on the other chain. However, the software registered transactions as deposits even though they never delivered XRP to the bridge, allowing the attacker to withdraw real XRP from the reserve, as reported by CoinDesk.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CoinDesk",
        "title": "XRP bridge drained for $200,000 after software mistook fake deposits for real ones",
        "url": "https://urgent.news/2026/08/12/xrp-bridge-drained-for-200-000-after-software-mistook-fake-deposits",
        "published": "2026-08-12T04:33:25.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}