XRP
Why XRP is up 2.2% today
Analysis
XRP rose about 2.2% over the past 24 hours as investors reacted to XRP Ledger’s handling of a newly disclosed, long-standing vulnerability. Reports from Cointelegraph and The Block said the network issued an emergency patch for a decade-old bug that could have enabled unlimited XRP minting, which likely reassured the market by reducing perceived protocol risk.
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.