▲ 14 r/CryptoReality
Another Day. Another Exploit. Another Bridge Got Hacked
Coreum's XRPL bridge lost ~$200k XRP on Aug 9. Relayers trusted a "deposit" memo instead of verifying the deposit actually happened, attacker faked it, 17 of 28 signers approved a withdrawal against nothing.
Same pattern behind most bridge hacks this year in which it verifies a message, not a settlement.
u/Arpitbuilds — 8 days ago