🚨 Imagine giving someone permission to DESTROY tokens — only to discover they could CREATE new ones instead
That's the security flaw XRP Ledger just fixed
On November 4, XRPL activated the fixCleanup3_4_0 amendment, closing a loophole in its token permission system
Here's how it worked 👇
$XRP
Imagine a stablecoin issuer allowing a payment service to burn tokens when customers redeem them
That service should be able to destroy tokens — not print new ones
But under certain conditions, the old PaymentBurn rules could let a delegated account create issued tokens by crossing a zero-balance boundary
The fix now blocks that behavior
$XRP
⚠️ Two important facts:
Native XRP was NOT affected
And no exploitation of this flaw has been publicly confirmed
There's another detail worth noticing
The fix required 14 consecutive days of validator support, and an interruption in October delayed activation
📌 The next question is whether token issuers have reviewed historical delegated transactions for irregularities
A blockchain can have strict permission settings
But those permissions are only as reliable as the rules enforcing them
#Xrp🔥🔥 #XRPL #BlockchainSecurity
That's the security flaw XRP Ledger just fixed
On November 4, XRPL activated the fixCleanup3_4_0 amendment, closing a loophole in its token permission system
Here's how it worked 👇
$XRP
Imagine a stablecoin issuer allowing a payment service to burn tokens when customers redeem them
That service should be able to destroy tokens — not print new ones
But under certain conditions, the old PaymentBurn rules could let a delegated account create issued tokens by crossing a zero-balance boundary
The fix now blocks that behavior
$XRP
⚠️ Two important facts:
Native XRP was NOT affected
And no exploitation of this flaw has been publicly confirmed
There's another detail worth noticing
The fix required 14 consecutive days of validator support, and an interruption in October delayed activation
📌 The next question is whether token issuers have reviewed historical delegated transactions for irregularities
A blockchain can have strict permission settings
But those permissions are only as reliable as the rules enforcing them
#Xrp🔥🔥 #XRPL #BlockchainSecurity
