All Time Low
XRP Supply Cap Bug Uncovered
Researchers Cayden Liao and Veria AI discovered a bug in the XRP Ledger that could have allowed an attacker to create new XRP tokens, potentially inflating the total supply beyond the 100 billion coins initially created in 2012. The bug, stemming from an 'integer overflow' vulnerability, was undetected for over a decade because it required extremely large-scale operations to trigger. The XRP Ledger Foundation, which oversees the XRP cryptocurrency, reported the bug on September 22 and has since implemented a fix. No new XRP was created, and the total supply remains at approximately 99.986 billion XRP. The foundation emphasizes the importance of AI in detecting such vulnerabilities and plans to strengthen its security measures to prevent future occurrences.