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Crypto

XRPL bug fixed that could have allowed excess XRP minting; no signs of exploitation

A critical flaw in XRP Ledger that could have allowed the creation and spending of newly minted XRP beyond the fixed supply has been patched. The vulnerability, present in the code since 2015, was disclosed by RippleX and the XRP Ledger Foundation. It was reported on Sept. 22 through the XRPL bug bounty programme and fixed in xrpld 3.4.1 released on Sept. 25. No signs of exploitation on the public network were found.

Crypto

XRP faces renewed centralisation row as Justin Bons calls decentralisation claims a scam

Cyber Capital founder Justin Bons criticised claims that the XRP Ledger is decentralised, U.Today reported on Oct. 8. In a post on X, he said selling XRP to retail investors as decentralised was “an obvious scam”. Bons cited undocumented software code used during development and said XRPL had run on closed-source code for about two weeks, with changes set to be mandatory on Oct. 9. The dispute focuses on XRPL’s Unique Node List model and recommended validator lists.

Crypto

XRP Ledger security upgrade goes live on mainnet, boosts DEX and lending stability

XRP Ledger (XRPL) activated its fixCleanup3_2_0 upgrade on the mainnet, reinforcing functions including single-asset vaults, lending protocols, permissioned decentralised exchanges and domains. A blockchain media outlet said the amendment took effect with support from 30 of 35 validators. The upgrade makes XRPL 3.2.0 the new minimum supported version. XRPScan warned nodes running version 3.1.0 or earlier could be blocked until they upgrade. Upbit began supporting deposits and withdrawals of XRPL-based RLUSD.