Tx XRP Bridge Hit with $200k Exploit
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.