Related News

LCBO refuses to say what U.S. liquor is in its cellar — citing ‘cabinet confidence’

LCBO refuses to say what U.S. liquor is in its cellar — citing ‘cabinet confidence’

November 3, 2025
Portland archbishop on ICE activity: Human dignity comes from God, not government

Portland archbishop on ICE activity: Human dignity comes from God, not government

November 9, 2025
Gui Khury Makes Skateboarding History By Landing World’s First Park 900 in Rome

Gui Khury Makes Skateboarding History By Landing World’s First Park 900 in Rome

June 9, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

Related News

LCBO refuses to say what U.S. liquor is in its cellar — citing ‘cabinet confidence’

LCBO refuses to say what U.S. liquor is in its cellar — citing ‘cabinet confidence’

November 3, 2025
Portland archbishop on ICE activity: Human dignity comes from God, not government

Portland archbishop on ICE activity: Human dignity comes from God, not government

November 9, 2025
Gui Khury Makes Skateboarding History By Landing World’s First Park 900 in Rome

Gui Khury Makes Skateboarding History By Landing World’s First Park 900 in Rome

June 9, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
CONTRIBUTE
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
WEMAPLE NEWS - Brand Partnerships
No Result
View All Result
Home Crypto

Ripple CEO Breaks Down How XRP Ledger DeFi Users Are Protected From Attacks Like KelpDAO

WeMaple AI by WeMaple AI
April 22, 2026
in Crypto
0
Ripple CEO Breaks Down How XRP Ledger DeFi Users Are Protected From Attacks Like KelpDAO
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

David Schwartz, the former Chief Technology Officer (CTO) of Ripple, has addressed recent concerns over DeFi bridge security, reassuring XRP Ledger (XRPL) users that the network is not exposed to attacks like those linked to the Kelp DAO exploit. He emphasized that vulnerability in cross-chain bridge systems largely depends on how they are designed and implemented, as well as on the level of reliance on external bridge infrastructure. 

You might also like

Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery leaves liquidity providers unpaid

Audited DeFi protocols lost $885M to attacks that occurred completely outside their audit scopes

Coinbase gives community banks a stablecoin bridge while supplying infrastructure underneath

How XRP Users Remain Protected From Kelp DAO-Related Exploits

In an X post on April 20, Schwartz provided context on how users in the XRP Ledger (XRPL) ecosystem are positioned differently from those exposed to cross-chain risks in Kelp DAO exploits. The discussion follows concerns in the DeFi space after Kelp DAO suffered a major security breach tied to vulnerabilities in its bridging infrastructure. This hack resulted in approximately $292 million in rsETH tokens being stolen from the protocol and immediately used as debt collateral on Aave, a lending protocol. 

Schwartz noted that his past evaluations of DeFi bridging systems, including those considered for Ripple’s stablecoin RLUSD, were heavily focused on security design. According to his assessment, many of these systems already had strong mechanisms to prevent the type of fraudulent cross-chain message manipulation observed during the Kelp DAO attack. However, he noted that actual protection depends on whether projects fully activate those safeguards. 

The ex-Ripple CTO also pointed to a recurring issue in DeFi infrastructures, where security features exist but are often practiced optionally. He noted that most bridge providers tend to promote their systems as “super safe,” while also emphasizing ease of use and fast deployment across different blockchains. In reality, some of these stronger security settings are left optional or disabled. As a result, Schwartz noted that many developers sometimes choose simpler configurations instead of fully enabling the full set of available security options.

He added that, due to the trade-off between convenience and the costs of operational complexity, some teams avoid more robust setups. In his view, this creates a serious gap and can leave systems exposed to attacks that the underlying design was intended to prevent. 

For XRP Ledger users, Schwartz noted that the blockchain’s reliance on bridge security systems is significantly reduced. As a result, exposure to vulnerabilities similar to the Kelp DAO incident is structurally limited. 

How XRP Ledger Design Reduces Reliance On Bridge Systems

Schwartz has noted a structural difference in how the XRP Ledger operates compared to many DeFi ecosystems that depend on external bridges. In systems like Kelp DAO’s rsETH setup, assets move across chains through third-party bridge protocols, which introduce additional points of failure if verification rules are not strictly enforced.

In contrast, the XRP Ledger is designed with built-in transaction finality and does not rely on the same type of external cross-chain messaging infrastructure for its core functions. This significantly reduces the ledger’s exposure to security breaches and exploits that target tricking bridge validators or falsifying cross-chain instructions.

XRP

Read Entire Article
Tags: Cryptonewsbtc
Share30Tweet19
WeMaple AI

WeMaple AI

Recommended For You

Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery leaves liquidity providers unpaid

by WeMaple AI
September 13, 2026
0

The native bridge remains paused as a 20% bounty window closes Sep 13 and final accounting continues The post Hackers mint trillions in fake Bitcoin, but 15 BTC...

Read more

Audited DeFi protocols lost $885M to attacks that occurred completely outside their audit scopes

by WeMaple AI
September 13, 2026
0

The ack3-affiliated preprint found a 721% outside-scope share after excluding two H1 2026 outliers, while August incidents add operational context The post Audited DeFi protocols lost $885M to

Read more

Coinbase gives community banks a stablecoin bridge while supplying infrastructure underneath

by WeMaple AI
September 13, 2026
0

Banks retain the customer interface, while undisclosed pricing, data, compliance and settlement terms will determine who captures the value The post Coinbase gives community banks a stablecoin bridge

Read more

Malicious bots are actively probing exposed Bitcoin payment servers to steal master administrative keys

by WeMaple AI
September 13, 2026
0

The risk is limited to manually exposed APIs, and version 244 closes the standard public path The post Malicious bots are actively probing exposed Bitcoin payment servers to...

Read more

Senate Democrats To Meet Sunday Night On CLARITY Act

by WeMaple AI
September 13, 2026
0
Senate Democrats To Meet Sunday Night On CLARITY Act

The post Senate Democrats To Meet Sunday Night On CLARITY Act appeared first on Coinpedia Fintech News Senate Majority Leader Chuck Schumer is convening a Democratic caucus meeting...

Read more
Next Post
Ethereum Targets Lower Range As Resistance Zone Comes Into Play

Ethereum Targets Lower Range As Resistance Zone Comes Into Play

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

LCBO refuses to say what U.S. liquor is in its cellar — citing ‘cabinet confidence’

LCBO refuses to say what U.S. liquor is in its cellar — citing ‘cabinet confidence’

November 3, 2025
Portland archbishop on ICE activity: Human dignity comes from God, not government

Portland archbishop on ICE activity: Human dignity comes from God, not government

November 9, 2025
Gui Khury Makes Skateboarding History By Landing World’s First Park 900 in Rome

Gui Khury Makes Skateboarding History By Landing World’s First Park 900 in Rome

June 9, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS – Brand Partnerships

Wemaple will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

BROWSE BY TAG

AZO Clean Tech Bitcoinist Bitcoinmagazine Canada News CBC.ca Celebrity News Christian Post CoinPedia Corporate Knights Crypto Cryptoslate Faith Geothermal Golf Hockey Lifehacker Ludwig-van.com NcrOnline newsbtc Skateboarding tomsguide.com Utah news dispatch

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.