Coreum XRPL Bridge Drained of Nearly 200,000 XRP in Deposit Exploit
An attacker tricked the Coreum XRPL bridge into crediting fake deposits, withdrawing nearly 200,000 XRP over about 97 minutes on August 9.
AfroEuropa Newsroom
AfroEuropa desk
A cross-chain bridge linked to the XRP Ledger was drained of close to 200,000 XRP after an attacker took advantage of a flaw in how the system verified deposits, according to reporting by BitKE and Decrypt.
The Coreum XRPL bridge lost nearly 200,000 XRP across 94 transactions over roughly 97 minutes on August 9, 2026, based on blockchain data cited in reports. Before the attack, the bridge held about 200,410 XRP; afterward, its balance dropped to around 493.5 XRP.
Rather than sending real XRP to the bridge, the attacker moved the bridge's own token between wallets while attaching data that made the transfers look like genuine deposits. The bridge's software read those transactions as legitimate incoming XRP and credited the attacker with funds that had never actually been deposited. The attacker was then able to withdraw real XRP from the bridge's reserves, and the stolen funds were later routed through additional wallets, according to blockchain tracking data.
Keep reading
Russia's Finance Ministry Pays Staff Wages in Digital Rubles for First Time
The Finance Ministry says some employees received salaries in the central bank digital currency from October 1, 2026, a voluntary step that moves the digital ruble into government payroll.
Other highlights
Modder Adds NVIDIA Pascal GPU Support to Windows XP
A modded driver called Forceware 382.69 brings GeForce GTX 10-series cards, including the TITAN Xp, to 32-bit Windows XP.
Follow the story
One newsletter, two continents
The Bridge brings you the tech, startups, and leaders moving between Africa and Europe in one sharp email each morning. No spam, unsubscribe anytime.
