Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

XRP Healthcare Shuts Down Due to Wallet Flaw-Exposed Losses

Guavy AI Editorial Team
Instruments
XRP
Share

XRP Healthcare, an XRP Ledger-based healthcare platform, has announced that it will be shutting down due to financial and operational pressures.

The decision comes after a wallet flaw exposed thousands of accounts and led to approximately $450,000 in losses. The incident occurred on September 3, when a mass sweep was traced across 10,281 payments from 4,011 sender wallets.

An investigation by XRP Healthcare's developers found that the breach was caused by how the XRPH Wallet generated credentials. Specifically, the application passed a 55-character value into xrpl.Wallet.fromEntropy(), which expected raw bytes, resulting in only the first 16 characters being retained.

More on Crypto

Crypto 1m ago

Circle Ditches USDC on Noble Ahead of CCTP V2 Rollout

Crypto 1m ago

Bitcoin Wallet Moves Massive Amount After 15 Years: A $538,000 Windfall

Crypto 1m ago

SEC Proposes Landmark Update to Transfer Agent Rules for Blockchain Era

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.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy