Key Highlights The XRP Ledger officially enabled an amendment designated as fixCleanup3_4_0 to seal a permission loophole involving token minting and burning. Under specific circumstances, third-party accounts authorized exclusively to destroy an issuer’s tokens were technically capable of minting new supply. The patch targets issued assets such as stablecoins rather than the native XRP cryptocurrency, ...
Key Highlights: The XRP Ledger is scheduled to activate the fixCleanup3_4_0 amendment on Wednesday to patch a token creation permission vulnerability. The loophole allowed accounts granted only token-burning rights to improperly mint issued assets, including stablecoins, under certain circumstances. The patch has secured backing from 33 of 35 trusted validators, surpassing the mandatory 80% consensus ...
Key Highlights: XRPL node operators applied an emergency configuration fix to resolve intermittent ledger-closing delays that began disrupting typical settlement speeds on Oct. 21. Original architect David Schwartz suggested the latency was tied to servers attempting to pack too many transactions into individual ledgers, highlighting potential throughput trade-offs. A separate governance hiccup briefly knocked trusted ...
Key Highlights: A brief two-hour drop in validator consensus has delayed the deployment of the XRP Ledger’s bug fix, named fixCleanup3_4_0, to November. Support slipped below the required 80% threshold (29 of 35 default trusted validators) to 26 votes on Wednesday, resetting the mandatory 14-day continuous approval period. Following the recovery of validator backing to ...
Key Highlights The XRP Ledger bug-fix package, fixCleanup3_4_0, holds the exact 29 validator votes required to activate, with launch slated for around 09:34 UTC on Oct. 23. The update patches a loophole that could allow an account authorized solely to burn tokens to mint new ones under specific circumstances. Associated native lending protocol and vault ...
Key Highlights The XRP Ledger ecosystem advances its protocol hardening roadmap with the anticipated fixCleanup3_4_0 amendment, introducing roughly 25 technical modifications. Recent mainnet upgrades show strong adoption, with the newly introduced Batch amendment capturing over 15% of all XRPL mainnet transactions to become the third-ranked transaction type. Ripple maintains major industry momentum with the XRP ...