XRP Ledger fixes flaw that could allow unauthorized token creation
BROBROK News · Based on reporting by Portal do Bitcoin ·
XRP Ledger activated a security update to fix a permissions issue that could let some accounts create tokens they were only authorized to burn. The bug affected issued assets on the network, including stablecoins, but not native XRP.
Key points
- The fix was activated at block 108,112,129 after validator support was secured.
- The issue involved delegated permissions, especially the PaymentBurn function.
- In some cases, an account allowed to burn tokens could also create new units.
- There are no public reports that the flaw was exploited or caused losses.
- The update also includes technical changes for loans, asset vaults and other network features.
Why it matters
For stablecoin issuers and other tokenized assets, the bug could have weakened supply controls and trust in reserves. It also shows how governance and security matter on blockchains used by businesses.
Original headline: “XRP Ledger corrige falha de segurança que permitia criar criptomoedas sem autorização”
Read the original on Portal do Bitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.