Category crypto

Why a bug that could have threatened XRP's 100 billion supply cap stayed hidden for years

A decades‑old flaw in the XRP Ledger’s code allowed the creation of tokens beyond the network’s 100 billion‑coin cap, but it remained undetected because the extra supply was never actually minted. The bug, discovered by a security researcher in early 2024, stemmed from an overflow error in the ledger’s accounting logic that could have been exploited to inflate the total supply. Ripple’s engineers quickly confirmed the vulnerability, patched the code, and reassured investors that the total XRP circulating remains unchanged. The incident highlights the challenges of maintaining legacy blockchain systems and underscores the importance of continuous, independent audits.