Skip to content
Back to Guavy Wire
Crypto

Tx XRP Bridge Hit with $200k Exploit

Instruments
XRP
Share

An attacker exploited a critical security vulnerability in a tx XRP bridge on August 9, draining 99.7% of its reserve.

The exploit allowed the attacker to feed the software fake deposits, stealing approximately $200,000 worth of XRP (199,916 units).

This security threat has implications for crypto interoperability, liquidity, and trust in DeFi/CEX flows.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc