Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • BLOG
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • BLOG
No Result
View All Result
Invest In Crypto News
No Result
View All Result

XRP Ledger Defends Emergency Patch Amid Criticism

CryptoExpert by CryptoExpert
October 12, 2026
in Blockchain News
0
Cointelegraph
  • Facebook
  • Twitter
  • Pinterest



You might also like

PLTR Price Prediction: Goldman and Barclays Turn Bullish as Technicals Flash Extreme Caution

Chinese Communist Party Calls for a National Blockchain Network

HOOD Price Prediction: Three Analysts Lift Targets to $132–$160 While the Futures Contract Battles Resistance Below $111

XRP Ledger developers have defended the emergency security patch used to fix a bug capable of creating XRP beyond the network’s fixed supply, saying they could not wait for the network’s usual two-week validator vote without exposing the flaw to attackers.

The fix, released on Sept. 25, came three days after a bug bounty report, and took effect immediately on any server that installed it. It was the first deliberate bypass of the normal amendment process since the system was introduced more than ten years ago, they said. 

“With a normal amendment vote, the fix would have been public for weeks before it took effect, risking network security,” XRPL developers said in an X post on Sunday. 

The expedited fix led to questions about XRPL’s level of decentralization. On its website, XRPL claims it is a fully decentralized, public blockchain — a characterization that has been central to arguments that its native token, XRP, is not a security. 

okex

XRPL security fix “raised a lot of questions”

Cyber Capital founder Justin Bons said Thursday that marketing XRP to retail investors as decentralized amounted to “straight-up fraud.” He argued that the Sept. 25 emergency release shipped as binaries only, temporarily withheld the source code and pressured operators to upgrade. 

However, XRPL Foundation said the decision to skip the normal amendment process was made jointly by the Foundation, RippleX, core developers and validators after assessing the severity of the bug.

“No single party could make that call alone. Every validator and node operator chooses what software to run, and 3.4.1 only became required through a normal amendment vote with more than 80% validator support for two weeks. Protocol changes still go through amendments,” the foundation said. 

Related: Ledger confirms unauthorized hardware implant, says losses may exceed $86M

XRP Kuwait, an independent validator operator, also rejected claims that the coordinated upgrades signaled centralized control. 

“We disagree with the claim that operators coordinating an update is, in itself, proof of centralized control,” it said. “Coordination is not the same as control. Independent operators can assess a situation, communicate with one another, and reach the same conclusion without giving up their independence.”

Bug could have minted unlimited XRP 

The bug was an integer overflow in the XRP Ledger’s payment engine that had been present since 2015, according to the project’s vulnerability disclosure report. 

XRP balances are stored as 64-bit integers with a fixed maximum. When a sum exceeded that maximum, the calculation wrapped to a smaller number instead of failing. 

An attacker could exploit this by creating hundreds of specially priced offers, each asking for a very large amount of XRP, then sending one payment that consumed them all.

The engine would credit each offer owner their full amount but charge the buyer only the tiny wrapped total. The difference would be newly created, spendable XRP.

The attack required deliberately constructed offers and could not be triggered by normal trading activity, according to the report. Developers said they found no evidence that the issue was exploited on any public network. 

Magazine: Ledger attack spreads to EU, AI finds ’18 trillion XRP’ bug: Hodler’s Digest



Source link

  • Facebook
  • Twitter
  • Pinterest
CryptoExpert

CryptoExpert

Recommended For You

PLTR Price Prediction: Goldman and Barclays Turn Bullish as Technicals Flash Extreme Caution

by CryptoExpert
October 11, 2026
0
PLTR Price Prediction: Blowout Earnings Meet Overbought Technicals — Brace for a $165–$195 Decision Point

Wall Street Steps Up: Two Upgrades in Two Days The analyst calendar for Palantir compressed sharply in the first week of October. On October 8, Goldman Sachs analyst...

Read more

Chinese Communist Party Calls for a National Blockchain Network

by CryptoExpert
October 11, 2026
0
Chinese Communist Party Calls for a National Blockchain Network

Key TakeawaysChina proposed a national blockchain network to deeply integrate its real and digital economies.This network aims to enhance data property ownership and efficiently manage nationwide digital resources.The...

Read more

HOOD Price Prediction: Three Analysts Lift Targets to $132–$160 While the Futures Contract Battles Resistance Below $111

by CryptoExpert
October 11, 2026
0
HOOD Price Prediction: Bulls Choking Below $100 — Smart Money Is Loaded but the Tape Is Lying

Home / Latest reporting Price forecast Morgan Stanley, Barclays, and BofA Securities each raised their Robinhood Markets (NASDAQ: HOOD) equity price targets between October...

Read more

PLTR Price Prediction: Dual Analyst Upgrades Drive Contract to $209, But Overbought Signals and Shrinking Open Interest Flag a Stretched Move

by CryptoExpert
October 10, 2026
0
PLTR Price Prediction: Blowout Earnings Meet Overbought Technicals — Brace for a $165–$195 Decision Point

Home / Latest reporting Price forecast Palantir's tokenized stock on Binance Futures gained 4.56% to $209.23 on October 10, 2026, following a Goldman Sachs...

Read more

Trump Unveils $6B Science Push With Quantum Computing, AI

by CryptoExpert
October 10, 2026
0
Cointelegraph

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity....

Read more
Next Post
Bitcoin’s Security Faces a 76% Risk by 2046, AI Model Predicts

Bitcoin’s Security Faces a 76% Risk by 2046, AI Model Predicts

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • BLOG

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 83,950.00
ethereum
Ethereum (ETH) $ 2,563.75
tether
Tether (USDT) $ 0.999131
bnb
BNB (BNB) $ 752.84
xrp
XRP (XRP) $ 1.41
usd-coin
USDC (USDC) $ 0.999689
solana
Solana (SOL) $ 112.85
tron
TRON (TRX) $ 0.332073
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.06

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?