XRP Ledger to activate fix preventing unauthorized token issuance by stablecoin partners
2 independentfirst seen published latency 18 min
The XRP Ledger is set to activate a protocol amendment that closes a vulnerability allowing stablecoin issuers to mint new tokens without authorization, according to CoinDesk. The amendment has secured support from 33 of 35 trusted validators, per The Defiant, putting it on track for activation. A separate set of proposals to restrict unapproved token holders remains under review.
Sources: CoinDesk, The Defiant
This article is for information only and is not financial advice.
What the market did
Price reactionnot recorded
Independent outlets2
Reports per hour2.03
Noveltyoriginal report2 outlet(s), 13 min spread
Before the headlinenothing above $100,000,000 in the 60 minutes beforea random hour: 13.1%
Each figure is this site’s own reading, with what it was measured against. A blank is a reading nobody took, not a zero. The before-the-headline window prints the rate a RANDOM hour clears the same bar, because a hit rate without its null is not a finding.
Tags: XRPLedger, stablecoins, security