XRP Ledger Discovers Critical Vulnerability Affecting Over 10 Years, Fixed in xrpld 3.4.1

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RippleX engineering lead J. Ayo Akinyele revealed a critical flaw in the XRP Ledger (XRPL) Layer 1 blockchain that had existed for over a decade. The vulnerability in the distributed ledger’s payment engine could have allowed XRP to be issued beyond its fixed supply. Discovered through a bug bounty program, it was patched in xrpld 3.4.1. Validators coordinated a network upgrade prior to public disclosure. Akinyele noted that AI is accelerating security reviews, and XRPL will prioritize formal verification and refactoring legacy code.

PANews, October 11: In response to a critical vulnerability reported by Veria AI, J. Ayo Akinyele, Engineering Lead at RippleX, stated that the XRP Ledger (XRPL) payment engine has had a severe vulnerability for over a decade that could enable the minting of XRP beyond its fixed supply. The vulnerability was discovered through a bug bounty program and has not been exploited. The development team has released patch version xrpld 3.4.1 and coordinated validator upgrades prior to public disclosure. Akinyele noted that AI is accelerating the pace of vulnerability discovery, and XRPL will increase proactive security investments, address technical debt, advance formal verification, and systematically eliminate potential risks in legacy code.

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