Hackers attacked the cross-chain bridge of the XRP network and the Harmony blockchain

8/12/2026, 07:59 AMЕвгения Слив

The tx project team has revealed important details of a recent hacker attack. The attackers successfully attacked a special cross-chain bridge for the XRP network. Hackers stole two hundred thousand American dollars from a backup wallet. The incident occurred on August 9th due to a serious logical error. The bridge mistakenly accepted transactions without real XRP coins. The system issued fake tokens based on these false entries. The attacker quickly used them to withdraw real funds. The developers emphasized the complete security of funds in the main network. Exchanges were also not affected by the actions of these cybercriminals. It took the hacker ninety-seven minutes to withdraw the stolen funds. The attacker made ninety-four separate transactions to the new wallets. Each payment was confirmed by seventeen network relay keys. The basic XRP registry itself worked without any glitches. The hacker never got access to the private keys.

The tx team immediately shut down the vulnerable bridge after the incident. The developers quickly fixed the problematic code and brought in external experts. All transaction data was sent to a special unit of the FBI. The creators of the project are now actively considering compensation options for users. In parallel, the basic Harmony first-level blockchain was subjected to a hacker attack. The attacker created four billion new tokens through empty blocks. This volume is twenty-six percent of the total supply. The hacker managed to transfer most of the coins to trading platforms. The price of the project's native coin has dropped by almost thirty percent. The Harmony team, together with the exchanges, is trying to freeze the stolen funds. The developers are also considering the possibility of a complete rollback of the entire network. In June of the year two thousand twenty-two, the project was already hacked. Then hackers stole assets worth one hundred million dollars.

Security experts have linked the last major attack to North Korea. Investigators from the American FBI later came to similar conclusions. The current incident has again attracted the close attention of relevant experts. On August 10, unknown hackers attacked the Coinsbuy trading platform. The attackers stole eight million dollars from user accounts. A few days before, cybercriminals hacked into Lightning nodes. They exploited a serious vulnerability in the popular BTCPay server. Such incidents remind us of the importance of constantly strengthening the protection of network protocols. The security of user funds remains one of the key priorities for all industry participants. The industry continues to develop more reliable cybersecurity standards, responding to emerging threats.

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The material has been prepared solely for informational purposes and does not constitute financial advice or recommendation.

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