XRP
Why XRP is up 1.4% in the last hour
Analysis
XRP rose 1.4% over the past hour as markets digested news that the XRP Ledger pushed an emergency patch for a long-standing vulnerability that could have enabled unlimited XRP minting, reducing near-term protocol risk. Cointelegraph and The Block both reported on the fix and the ledger’s defense of the rapid response, which likely reassured traders about network integrity.
Contributing Factors (3)
XRP Ledger defends emergency patch for unlimited XRP bug
The XRP Ledger Foundation pushed back against claims that its emergency security patch was forced on network operators.
XRP Ledger patches decade-old bug that could have minted trillions of XRP
An overflow bug in the XRP Ledger's payment engine could have let an attacker mint about 18 trillion spendable XRP in one transaction.
11 Days to Go: XRP Ledger Prepares Wide-Ranging Protocol Fixes
XRP Ledger upgrade countdown begins with key fixes for Lending, DEXs and Permission Delegation set to go live.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.