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Cryptocurrency News Articles

XRP Ledger Foundation Patches ‘Serious Vulnerability’ in Official JavaScript Library

Apr 23, 2025 at 05:49 am

The XRP Ledger Foundation has identified a “serious vulnerability” in the official JavaScript library used for interacting with the XRP Ledger blockchain network, the nonprofit said.

The XRP Ledger Foundation has identified a “serious vulnerability” in the official JavaScript library used for interacting with the XRP Ledger blockchain network, the nonprofit said.

In a Friday post on X, formerly Twitter, the foundation said it had been notified by blockchain security firm Aikido about the vulnerability in the JavaScript library, maintained by the foundation on the Node.js package manager.

The library includes programs enabling developers to interact with the XRP Ledger and is distinct from the blockchain network itself. As such, the vulnerability will not affect the main XRP Ledger network or any wallets on the chain, the foundation said.

“[T]his package is used by hundreds of thousands of applications and websites making it a potentially catastrophic supply chain attack on the cryptocurrency ecosystem,” Aikido said in a Friday blog post.

The foundation has already upgraded the code repository to “remove the previously compromised version of the package,” it added.

Several XRP Ledger ecosystem projects — including XRPScan, First Ledger, and Gen3 Games — confirmed that they were not impacted by the incident, it said.

The XRP (XRP) token ended the US trading day up more than 3.5% despite news of the security breach, according to CoinGecko.

It now has a market capitalization of more than $125 billion and a fully diluted value of approximately $215 billion.

Launched in 2012, XRP Ledger is among the oldest blockchain networks and specializes in payments and decentralized finance (DeFi) applications for institutions.

It has been gaining prominence in recent months as a friendlier US regulatory environment paves the way for broader institutional adoption of the network’s token and ecosystem projects.

The XRP token’s price increased by upward of 300% after crypto-friendly US President Donald Trump prevailed in the November presidential election, according to CoinGecko.

Since then, several asset managers have asked the US Securities and Exchange Commission (SEC) to approve US-listed exchange-traded funds (ETFs) holding the XRP token.

Coinbase also listed futures contracts for the XRP token on its US derivatives exchange on Thursday.

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Other articles published on May 22, 2025