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Categories:

Hot right now:

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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

XRP Ledger Compromised? Validator Warns Projects And Developers Of Critical Issues

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An XRP Ledger (XRPL) validator has warned projects and developers that the network is compromised. He revealed some critical issues on the network, which put users and their funds at risk of an exploit. 

Validator Warns That XRP Ledger is Compromised

In an X post, XRP Ledger validator Vet told the network’s developers and projects that use the XRPL js library not to update or use any version 4.2.1 or higher, as it has been compromised. He remarked that any project utilizing the newest version of XRPL is putting users and funds at risk of an attack from hackers. 

Vet’s warning was in response to a post by Aikido Security, in which they stated that they had discovered a backdoor in the official XRP Ledger NPM package. The blockchain security firm added that this back door steals private keys and sends them to attackers. The affected versions are 4.2.1 and 4.2.4, so developers and projects should not upgrade to these versions. 

Ripple Chief Technology Officer (CTO) David Schwartz also commented on the Ledger situation, noting that it was just the XRPL.js from NPM that was compromised. He also alluded to a post by Ripple senior software engineer Mayukha Vadari. Vadari mentioned that the Ledger itself is unaffected by the malware. 

The engineer confirmed that the malware packages only affected services that use xrpl.js and were upgraded to the malicious versions that were published about a day ago. He added that GitHub remains safe, as only npm has been compromised. Vadari urged users to avoid services that have access to their private keys and seed phrases until they have confirmed that these services are unaffected by this malware. 

XRPL Foundation Provides Update 

The XRP Ledger Foundation also provided an update on the malware situation. In an X post, the Foundation clarified that the vulnerability is in xrpl.js, a JavaScript library for interacting with the XRPL. They further stated that the vulnerability does not affect the network’s codebase or the GitHub repository itself. Meanwhile, the Foundation urged projects using xrpl.js to upgrade to v4.2.5 immediately. 

The XRP Ledger Foundation also confirmed in the thread that it had deprecated the compromised xrpl.js versions on npm. They mentioned that they will share a detailed post-mortem soon and again urged projects and developers to ensure that they are using versions 4.2.5 or 2.14.3. 

In another X post, the Foundation announced that it has published an updated npm package for users of the 2.14.x branch to remove the previously compromised version. They asked these XRP Ledger users to update immediately to version 2.14.3 to prevent an attack. 

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