XRP Ledger Foundation Exposes Major Security Breach in Code Library
Foundation Swiftly Removes ‘Crypto-Stealing Backdoor’ from Popular JavaScript Package
The XRP Ledger Foundation has uncovered a serious security vulnerability in its official JavaScript library, widely used by developers to interact with the XRP Ledger blockchain. The Foundation confirmed that the issue, described as a “crypto-stealing backdoor,” has now been neutralized with an updated software package.
On April 22, cybersecurity firm Aikido issued a detailed report warning that the open-source JavaScript library had been compromised by sophisticated attackers. These malicious actors inserted hidden code designed to extract private keys from unsuspecting users and gain unauthorized access to crypto wallets.
“This package is used by hundreds of thousands of applications and websites, making it a potentially catastrophic supply chain attack on the cryptocurrency ecosystem,” Aikido stated.
Swift Response to Contain the Threat
Shortly after Aikido’s discovery, the XRP Ledger Foundation moved quickly to update the affected code repository, effectively removing the compromised version. The Foundation also took to X (formerly Twitter) to confirm the fix and reassure the community.
No Impact on Major Ecosystem Projects
In a follow-up update, the Foundation noted that several key projects within the XRP ecosystem — including XRPScan, First Ledger, and Gen3 Games — were not affected by the breach.
“We’ve taken proactive steps to ensure the integrity of the development ecosystem and protect XRP Ledger users,” the Foundation said in its post.
Market Reaction: XRP Rises Despite Breach
Surprisingly, the price of XRP rose by over 3.5% on April 22, even in the wake of the security revelation. According to CoinGecko, the token closed U.S. trading with solid gains, indicating investor confidence in the Foundation’s swift action and the network’s long-term fundamentals.
The XRP token, currently valued at $2.20, boasts a market cap exceeding $125 billion and a fully diluted valuation near $215 billion.
XRP Ledger: A Veteran Blockchain Drawing Institutional Interest
Launched in 2012, the XRP Ledger is one of the oldest operating blockchains and has carved out a niche in cross-border payments and decentralized finance (DeFi).
Its role has grown more prominent in recent months, especially after U.S. President Donald Trump’s crypto-friendly administration reignited hopes for institutional adoption. Following his election victory in November, XRP surged over 300%, reflecting renewed enthusiasm in the space.
On April 21, Coinbase Derivatives listed XRP futures contracts in the U.S., further signaling growing institutional interest in the asset. Meanwhile, several major asset managers have filed for XRP-backed ETFs with the SEC, adding momentum to the token’s expanding presence in traditional markets.
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