Cryptocurrency exchange Bitfinex has revealed it has successfully repelled an attempt to exploit $15 billion worth of XRP tokens on the platform that were associated with an attempt using an unsuccessful partial payments exploit.
The failed transfers spooked market watchers, especially since they amounted to half of the XRP token’s market capitalization.
Bitfinex Thwarts Exploit Attempt
The failed attempt was confirmed by Bitfinex Chief Technology Officer and CEO Paolo Ardoinom, who posted about the attempt on social media platform X. According to Ardoino, the would-be attacker used a feature of the XRP Ledger network to attempt to exploit the Bitfinex crypto exchange unsuccessfully. The blockchain tracking account Whale Alerts brought the incident to light, which reported a significant transfer of 25.6 billion XRP from an unidentified wallet to the Bitfinex exchange.
However, the actual transfer was only for a few cents worth of XRP and failed because the sender did not have
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