Nearly $20 million worth of $XRP disappearing from thousands of wallets is the kind of incident that makes you stop and look closer.
Between Sept. 15 and Sept. 20, around 6,678 wallets were hit across six separate attack waves. What makes the story more interesting is that the stolen transactions were properly signed, which means the attackers somehow got access to the keys rather than simply exploiting a bad transaction.
More than 5.6 million XRP was later moved through #THORChain adding another layer to the investigation.
And right now, there’s still a major unanswered question: how did the attackers get the keys in the first place?
That part matters more than the dollar amount. If the root cause isn’t understood, it becomes difficult for users to know whether the problem was isolated or part of a wider security issue.
For me, this is another reminder that self-custody isn’t just about owning the keys. It’s also about understanding how those keys can potentially be exposed.
#Market_Update #CryptoNews
#MarketSentimentToday #xrp
Between Sept. 15 and Sept. 20, around 6,678 wallets were hit across six separate attack waves. What makes the story more interesting is that the stolen transactions were properly signed, which means the attackers somehow got access to the keys rather than simply exploiting a bad transaction.
More than 5.6 million XRP was later moved through #THORChain adding another layer to the investigation.
And right now, there’s still a major unanswered question: how did the attackers get the keys in the first place?
That part matters more than the dollar amount. If the root cause isn’t understood, it becomes difficult for users to know whether the problem was isolated or part of a wider security issue.
For me, this is another reminder that self-custody isn’t just about owning the keys. It’s also about understanding how those keys can potentially be exposed.
#Market_Update #CryptoNews
#MarketSentimentToday #xrp
