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Bearish

XRP price drops 5.7% to $1.49 amid $20 million theft from 6,678 wallets

In the past 24 hours, XRP's price declined by 5.7% to $1.49 following reports of a significant security breach. Approximately $20 million worth of XRP was drained from 6,678 hardware wallets across six attack waves between September 15 and September 20. The blockchain analysis firm XRPL.to traced 11.75 million XRP leaving these wallets during this period.

Key points

  • Security Breach: Nearly $20 million in XRP stolen from 6,678 wallets across six attack waves.
  • Price Impact: XRP's price fell 5.7% to $1.49 following the security breach.
  • Investigation: DCENT is investigating how the signing keys were leaked and urging affected users to move their assets.

Sources

AI-generated from public news sources. Not financial advice.

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