727 FinancePANews October 12 news: In response to "XRP Ledger Foundation responds to misunderstandings related to security fixes," on-chain detective ZachXBT said, "With billions of dollars sitting in the treasury, yet paying only $250,000 to the white-hat hacker who discovered the severe vulnerability of 'unlimited XRP minting.' This is practically an 'assist': ensuring that next time attackers will no longer choose to report vulnerabilities in good faith, but instead exploit them to steal nine figures (hundreds of millions of dollars) in funds. This is exactly why people cannot take XRP Ledger or Ripple seriously as a legitimate institution." Earlier news: The XRP Ledger Foundation clarified misunderstandings related to the security fix: the vulnerability did not mint additional XRP, and community consensus drove the patch.
PANews October 12 news: In response to "XRP Ledger Foundation responds to misunderstandings related to security fix," on-chain detective ZachXBT said, "With billions of dollars sitting in the treasury, yet paying only $250,000 to the white-hat hacker who discovered the severe vulnerability of 'unlimited XRP minting.' This is practically an 'assist': ensuring that next time attackers no longer choose to responsibly report vulnerabilities, but instead exploit them to steal nine figures (hundreds of millions of dollars) in funds. This is exactly why people cannot take XRP Ledger or Ripple seriously as a legitimate institution."
Previous news, XRP Ledger Foundation clarifies misunderstandings related to security fix: the vulnerability did not mint additional XRP, and community consensus drove the patch.