Bearish
XRP price drops below $1 after Coreum bridge hack; first time since 2024
An attacker exploited a software flaw in the Coreum bridge, draining nearly 200,000 XRP tokens valued at approximately $200,000. This incident led to a significant decline in XRP's price, dropping below $1 for the first time since 2024.
Key points
- Coreum bridge hack drains nearly 200,000 XRP, causing price drop below $1
- Bridge operator halts operations, patches vulnerability, and reports to FBI
- XRP price falls below $1 amid broader market caution
Sources
AI-generated from public news sources. Not financial advice.
