đš $XRP â 12.4 MILLION XRP JUST VANISHED FROM THOUSANDS OF WALLETS.
A breach targeting DâCENT App Wallet users drained roughly 12.4M XRP from 7,393 wallets between Sept. 15â25. On-chain tracking shows about 6.3M XRP was already swapped into Ethereum, while around 1.4M XRP remained in attacker-controlled addresses as of Sept. 25.
The worrying part?
The attack appears linked to compromised private keys in older app-wallet versions, not the XRP Ledger itself. DâCENTâs hardware wallets were reportedly unaffected unless users had imported their recovery phrases into the compromised app.
And the damage wasnât limited to XRP â reports indicate users also lost assets on Bitcoin, Ethereum, Tron and Stellar.
So this isnât an âXRP got hackedâ story.
Itâs a reminder of cryptoâs nastiest single point of failure:
Your blockchain can be secure⊠while your keys are not.
For $XRP traders, the key question now is whether stolen coins moving through swaps and exchanges create additional short-term sell pressure.
#hackersdrainover12.4mxrpfromdcentwallets #AnthropicIPOProspectusCouldValueItOver$2T #SECSaysDecentralizedTokenBuybacksNotInvestmentContracts #UKFCAWinsCourtOrderToRecover851400Pounds #ChainlinkLaunchesCCIP2WithEnterpriseVerification
A breach targeting DâCENT App Wallet users drained roughly 12.4M XRP from 7,393 wallets between Sept. 15â25. On-chain tracking shows about 6.3M XRP was already swapped into Ethereum, while around 1.4M XRP remained in attacker-controlled addresses as of Sept. 25.
The worrying part?
The attack appears linked to compromised private keys in older app-wallet versions, not the XRP Ledger itself. DâCENTâs hardware wallets were reportedly unaffected unless users had imported their recovery phrases into the compromised app.
And the damage wasnât limited to XRP â reports indicate users also lost assets on Bitcoin, Ethereum, Tron and Stellar.
So this isnât an âXRP got hackedâ story.
Itâs a reminder of cryptoâs nastiest single point of failure:
Your blockchain can be secure⊠while your keys are not.
For $XRP traders, the key question now is whether stolen coins moving through swaps and exchanges create additional short-term sell pressure.
#hackersdrainover12.4mxrpfromdcentwallets #AnthropicIPOProspectusCouldValueItOver$2T #SECSaysDecentralizedTokenBuybacksNotInvestmentContracts #UKFCAWinsCourtOrderToRecover851400Pounds #ChainlinkLaunchesCCIP2WithEnterpriseVerification
