Bridge Update: Restoration
All affected users will be made whole.
The Foundation will replenish the missing $XRP reserves in full, restoring 1:1 backing for bridged XRP. Once restored, the reserves will be verifiable on-chain.
The vulnerability has been identified and patched.
An update on the XRPL bridge incident.
On August 9, the tx XRPL bridge was exploited and XRP was drained from the bridge's reserve wallet on the XRP Ledger. The bridge has been halted, the vulnerability has been identified, and all potential remedies are being evaluated. This