Bearish
XRP price declines amid Coreum bridge hack draining 200,000 tokens
In the past 24 hours, XRP's price has declined following a security breach in the Coreum bridge, which connects the XRP Ledger to the Coreum blockchain. An attacker exploited a software flaw, draining nearly 200,000 XRP, valued at approximately $200,000. This incident has raised concerns about the security of cross-chain bridges and their impact on XRP's market performance.
Key points
- Coreum bridge hack drains 200,000 XRP, leading to price decline.
- XRP price at $1.40, with intraday high of $1.44 and low of $1.38.
- XRP Ledger 3.3.0 upgrade amendments approved, with mainnet activation on September 11.
Sources
- XRP Slips Below $1 As Coreum Bridge Hack Drains 200,000 TokensCrypto Intelligence · August 19, 2026
- Ripple Clears XRP Ledger 3.3.0 Upgrade Amendments for Mainnet ActivationCoinGape · September 4, 2026
- XRP price slips below $2 despite ETF demand, robust networkCointelegraph · January 19, 2026
- XRP rises after SEC and Ripple end legal battle: CNBC Crypto WorldCNBC Television · August 8, 2025
AI-generated from public news sources. Not financial advice.
