Security· ★★★★· bearish·

XRPN shareholders voted without knowing about XRP inflation bug

  • —A single transaction could have minted spendable XRP far beyond total supply
  • —The bug dated back to 2015; a researcher reported it on September 22
  • —Patch xrpld 3.4.1 shipped September 25 without an amendment vote
  • —XRPN redemption window closed September 28; vote passed September 30; merger closed October 9
Why it matters: It undermines the fixed 100 billion XRP supply thesis that underpins XRP treasury stocks and network trust.
#XRP
Source: Protos
More on this
Exchanges · Sep 30
Armada shareholders vote on Evernorth XRP treasury deal
 Macro · Sep 28
Busy week ahead: US jobs report, PCE inflation and XRP-linked Evernorth vote
 Security · Sep 26
Zano Inflation Bug Forces Blockchain to Roll Back a Full Day of History