The XRP Ledger Foundation has identified a “serious weakness” in JavaScript’s official library used for contact with the XRP Ledger Blockchain Network, nonprofit said.
On April 22th, blockchain security specialist Aikido Says In a blog post that XRP Ledger’s open-source JavaScript library “compromised sophisticated attacks that put a backdoor to steal private cryptocurrency keys and get access to cryptocurrency wallets.”
The JavaScript library includes programs that enable developers to interact with the XRP ledger and differ from the blockchain network itself.
‘”(T) his package is used by hundreds of thousands of applications and websites that make it a potential catastrophe that attacks the chain in the cryptocurrency ecosystem,” Aikido said.
The XRP Ledger Foundation has already upgraded the code repository to “remove the previously compromised version,” this Says In an April 22 post on the X. Platform.
Related: Coinbase Derivatives lists XRP futures
It added that many XRP Ledger ecosy system projects – including XRPSCAN, First Ledger, and Gen3 games – have been confirmed that they have not been affected by the incident.
The XRP (XRP) Token completed the day of the US trade more than 3.5% despite the news of security violations, Coingecko said.
The token has a market capitalization of more than $ 125 billion and a fully melted amount of approximately $ 215 billion.
Adopting an institution
Launched in 2012, the XRP Ledger was among the oldest blockchain networks and experts in payments and decentralized financial applications (DEFI) for institutions.
It gained popularity in recent months because a more lovely US environmental regulation has paved the way for the broader adoption of institutional token projects and network ecosystems.
The XRP token price increased up to 300% after the US crypto-friendly president Donald Trump prevailed in the November president’s election, Coingecko said.
Since then, many asset managers have asked the US Securities and Exchange Commission (SEC) Approve the funds listed listed in the US (ETFS) Holds the XRP token.
On April 21, Coinbase listed contracts with futures for the XRP token to exchange of US derivatives.
Magazine: Crypto ‘More Taboo than just those,’ says Violetta Zironi, who sells song for 1 BTC
