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Coreum cross-chain bridge hacked, nearly 200,000 XRP stolen.

1 hours ago

The cross-chain bridge connecting the XRP Ledger and Coreum was hacked on August 9, with attackers exploiting a vulnerability to steal approximately 199,916 XRP, reducing the bridge’s asset balance from roughly 200,410 XRP to just 493.5 XRP. Analysis indicates the attack targeted neither the XRP Ledger itself nor involved any private key leaks, instead exploiting a flaw in the Coreum cross-chain bridge’s validation logic. The attackers forged fake deposit operations, tricking the bridge system into recognizing them as legitimate deposits, which triggered the other end of the bridge wallet to send actual XRP to the attackers. On-chain data shows the attackers completed the fund transfer in 97 minutes via 94 multi-sig authorization transactions. These transactions required 17 out of 28 relay node keys to sign off, meaning the attackers successfully bypassed the bridge system’s validation mechanism. As of August 11, the Coreum cross-chain bridge remains suspended, and the Coreum Development Foundation has not yet released an official incident report. The incident affected third-party cross-chain infrastructure, not a vulnerability in the XRP Ledger protocol layer, and the security of the XRP mainnet and user private keys was not compromised.

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