Skip to content
Ads

Business

Hackers Target Ripple’s XRP Ledger in Major Supply Chain Attack – What You Need to Know

Hackers Target Ripple’s XRP Ledger in Major Supply Chain Attack – What You Need to Know
Published on

April 23, 2025

Critical Security Breach Hits XRP Ledger’s DeFi Ecosystem

Ripple has confirmed a sophisticated supply chain attack targeting its XRP Ledger (XRPL), specifically affecting DeFi wallets using the official xrpl.js library from NPM (Node Package Manager). While the XRPL itself remains secure, the compromised package could expose users’ private keys and wallet access.

Key Details of the XRP Ledger Hack

  • 🚨 Attack Vector: Hackers injected malicious code into Ripple’s xrpl.js SDK (140,000+ weekly downloads).
  • 🔒 Affected Users: Only DeFi wallets that recently updated the compromised NPM package are at risk.
  • ⚠️ Ripple’s Response: The company has deprecated the malicious versions and is investigating the breach.
  • 💰 Potential Impact: XRPL DeFi wallets hold $80M+ in assets—even a small breach could be significant.

How the XRP Ledger Supply Chain Attack Happened

The breach was first detected by blockchain security firm Aikido, which identified five suspicious updates to the xrpl.js package. The hackers:

  1. Gained access to Ripple’s NPM repository.
  2. Inserted a backdoor to steal private keys.
  3. Targeted developers and DeFi services rather than the XRPL directly.

⚠️ Ripple CTO David Schwartz and engineer Mayukha Vadari issued urgent warnings, advising users to avoid services using the affected package.

*”The XRP Ledger itself is unaffected. Only npm-distributed xrpl.js versions from the last 24 hours are compromised.”*
— Mayukha Vadari, Ripple Senior Software Engineer

Is My XRP at Risk?

  • The XRP Ledger’s core protocol remains secure.
  • Only wallets that updated xrpl.js in the last day may be vulnerable.
  • Major DeFi wallets reportedly avoided the malicious update.

What Should Users Do?

✅ Avoid interacting with suspicious DeFi apps until Ripple confirms safety.
✅ Check wallet providers for security updates.
✅ Wait for Ripple’s full postmortem report before making transactions.

Why This Attack Matters

Supply chain attacks are increasingly common in crypto, as hackers target developer tools rather than blockchains directly. Since NPM is a central hub for JavaScript packages, a single breach can impact thousands of apps.

Lessons from the XRP Ledger Hack

  1. Open-source dependencies can be exploited.
  2. Developers must verify package integrity before updates.
  3. DeFi projects need stronger security audits.

What’s Next for Ripple and XRP?

  • Ripple will release a detailed postmortem of the attack.
  • Expect tighter security controls for official SDKs.
  • The XRPL community should stay alert for further updates.

🔴 Stay Updated: Follow Ripple’s official channels for the latest security advisories.

Related Posts

Business | Marketing

July 22, 2025

Pensions Commission Revival: Experts Welcome Move But Warn of Challenges Ahead

The government’s decision to relaunch the Pensions Commission has been met with cautious optimism by retirement experts, who warn that any reforms must carefully balance the needs of young savers and businesses facing economic pressures. Why the Pensions Commission Matters First established in 2002, the Commission played a pivotal role in shaping today’s pension landscape, including the […]

Continue reading...

Business | Finance

July 22, 2025

The Self-Employed Pension Crisis: Why 82% Aren’t Saving Enough for Retirement

A shocking 82% of self-employed workers in the UK—including freelancers, contractors, and small business owners—aren’t paying into a pension, putting them at serious risk of retirement poverty, according to NEST Insights. With the full State Pension (£11,973/year) falling short of the minimum living standard (£13,400/year for a single person), millions could face financial hardship in later life. Why Are So Many Self-Employed […]

Continue reading...

Business | Marketing

July 21, 2025

Dividend Stocks: The Best Passive Income Play as Interest Rates Fall

With UK interest rates declining, savers face shrinking returns on cash deposits. But dividend stocks—especially those with 5-8% yields—could be the best passive income solution through 2030 and beyond. Why Dividend Stocks Outperform Savings Accounts 1. Higher Yields Top savings accounts now offer ~4-5% (down from 6%+ in 2023). Dividend stocks like HSBC (LSE: HSBA) yield 5.5%+, with potential for capital growth. Source: Bank of England Base Rate History 2. […]

Continue reading...

Business | Marketing

July 20, 2025

Trump Renews Attacks on Fed Chair Powell, Calls for Immediate Rate Cuts

Former President Donald Trump has once again lashed out at Federal Reserve Chair Jerome Powell, accusing him and the central bank’s board of harming the economy by keeping interest rates too high. In a fiery post on his Truth Social platform, Trump wrote: “The Fed Board has done nothing to stop this ‘numbskull’ from hurting so many people. In many ways, […]

Continue reading...