200,000 XRP drained… are you safe?

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Nearly 200,000 XRP was drained from the Coreum Bridge, but the XRP Ledger itself was not hacked. This video follows the transaction evidence, 94 XRP payments, two newly created wallets, and the 17-of-28 multisignature setup to explain why the bridge approved withdrawals and where the real security failure appears to have happened.

We break down the bridge’s false deposit problem, how relayers accepted misleading transaction evidence, why fake balances became claims on real XRP, and what this means if you hold native XRP, use bridges, exchanges, smart contracts or custodians. Subscribe for more in-depth crypto breakdowns, and learn why network security and bridge security are not the same thing. #XRP #CryptoNews

00:00 200,000 XRP drained from Coreum Bridge
02:01 How the XRP drain began
04:29 Why the bridge approved the payments
07:02 Was the XRP Ledger insecure?
07:20 How cross-chain bridges work
08:06 The bridge verification flaw
10:00 How false deposits fooled the bridge
11:17 The attacker tests the system
12:22 Fake balances meet real XRP reserves
13:24 Why the XRP Ledger was not broken
14:49 Are XRP holders safe?
16:06 Exchange and infrastructure risk
17:22 The different layers of crypto security
18:48 Why bridge security matters for XRP
23:23 The real lesson from the XRP breach

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