XRP Ledger Bug Prompts Centralization Debate Amid Ripple's Response
The XRP Ledger Foundation has addressed concerns about a recent bug that raised questions about network security and decentralization.
The XRP Ledger Foundation has addressed concerns about a recent bug that raised questions about network security and decentralization. XRP (XRP) is trading at $1.35, down 0.7% since this brief published. This is an original Token Times brief synthesising 2 outlets (CaptainAltcoin, U.Today), plus live market data, as of Mon, 12 Oct 2026 23:00:01 UTC.
The incident highlights potential vulnerabilities in blockchain networks and the importance of transparency in addressing security issues to maintain user trust and network integrity.
- XRP Ledger Foundation confirmed no extra XRP was created during the bug incident.
- The vulnerability was fixed in a recent version update of the XRP Ledger.
- Bitcoin's price holds at $83,300 after a $229M short squeeze.
CaptainAltcoin and U.Today both report that the XRP Ledger Foundation has addressed concerns about a recent security bug, confirming that no additional XRP was created and that the vulnerability was resolved in a version update. However, U.Today focuses on broader market movements, including Bitcoin's price holding at $83,300 after a significant short squeeze, while CaptainAltcoin delves deeper into the implications for XRP Ledger's decentralization and security.
The 
XRP Ledger Foundation has issued a detailed explanation regarding a recent security bug that sparked concerns about potential XRP inflation and the network's decentralization. The Foundation clarified that the bug did not result in the creation of any additional XRP, addressing fears of supply manipulation.
The vulnerability was identified and fixed in a recent version update of the XRP Ledger. This incident has fueled discussions about the network's resilience and the measures in place to prevent similar issues in the future.
The explanation comes amid broader market movements, with 
Bitcoin experiencing a $229 million short squeeze and holding its price at $83,300. This context underscores the volatility and sensitivity of the crypto market to both technical and market factors.
The XRP Ledger Foundation's transparency in addressing the bug is crucial for maintaining user trust and demonstrating the network's commitment to security and decentralization. The incident also highlights the challenges faced by blockchain networks in balancing security with decentralization.
As the market reacts to these developments, the price of XRP has seen a 3.16% decline over the past 24 hours, currently trading at $1.36. This price movement reflects the ongoing scrutiny and uncertainty surrounding the network's stability and security.
Since this brief published about 13 hours ago, XRP (XRP) has moved from $1.36 to $1.35 — -0.74%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹139.52 (about $1.35), down 4.0% over 24 hours. The rupee itself trades about 6.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
XRP Ledger Bug Prompts Centralization Debate Amid Ripple' — questions & answers
What was the outcome of the XRP Ledger bug investigation?
The XRP Ledger Foundation confirmed that no extra XRP was created and the bug was fixed in a version update.
How has the market reacted to the XRP Ledger bug?
XRP's price has dropped 3.16% in the past 24 hours, while Bitcoin holds at $83,300 after a short squeeze.
What broader implications does this incident have for blockchain networks?
The incident underscores the importance of transparency and security measures in maintaining user trust and network integrity.
How much is 1 XRP worth in rupee today?
About ₹139.52 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.35. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Has XRP's price moved since this brief was published?
XRP is down 0.74% since this brief first published — trading at $1.35 now versus $1.36 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CaptainAltcoin, U.Today, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.