XRP bridge drained for $200,000 after software mistook fake deposit for real one

[Oshosondy]

Is it because crypto is worldwide? Exploits are too many. It is almost everyday that we are reading about crypto exploits. Among them DeFi and Bridges are very common more than other ones but which are also common.

This one is about an hacker that created unbacked XRP on another blockchain, then exchanged it for real XRP held in reserve. It has been too late before it is noticed.

https://www.coindesk.com/tech/2026/08/12/xrp-bridge-drained-for-usd200-000-after-software-mistook-fake-deposits-for-real-ones