Alleged Major Hack Hits Ripple: 213 Million XRP Stolen
Allegedly, blockchain payment firm Ripple has been struck by a major security breach, as claimed by DeFi detective ZachXBT. Reports suggest over 213 million XRP, amounting to more than $112 million, have been stolen. The alleged incident has sparked concerns about the protocol's security measures, leading to a downturn in XRP's market price and leaving Ripple's response and future measures uncertain. The source address reportedly involved in the alleged hack is rJNLz3A1qPKfWCtJLPhmMZAfBkutC2Qojm. This alleged breach underscores the importance of robust security in the cryptocurrency industry.