Last night, $XRP spot ETFs saw another $8.16 million in net inflows, with only Franklin’s fund seeing activity while the others stayed quiet. The token’s price barely moved over the past 24 hours, but it still lost nearly 9% over the week. What does that tell us? It tells us that only one fund is providing support. It can hold the price up for a day, but not for a week. There is indeed activity on-chain. XRP Ledger just launched a delegated permissions feature, which, put simply, allows institutions such as banks, stablecoin issuers, and tokenized funds to authorize different parties to perform operations without passing private keys around. This is a move to pave the way for institutional adoption—a serious development. But if you expect it to drive the price up tomorrow, I can only say you’re being too optimistic. An analyst who studies charts said XRP may be approaching a short-term bottom—I've been hearing this kind of talk for six years, and it has been right sometimes and wrong sometimes, so take it with a grain of salt. ETF flows are especially treacherous: tens of millions of yuan can flow in one day, and if they reverse into outflows tomorrow, you won’t even get a warning. I’ll wait until this translates into net inflows for several consecutive days before taking a closer look. Those who bet on single-day data rarely end up with much to show for it. $XRP

$XRP XRP Almost Got Minted Out of Thin Air? A Vulnerability Hidden for 11 Years Just hearing about it sends chills down your spine! Holy shit Guys An epic underlying code vulnerability has been exposed in XRP Fortunately, the development team has already fixed it The good news is The vulnerability existed for 11 years But there is no evidence that hackers actually exploited it It's hard to say whether XRP was lucky or unlucky The bad news is that its underlying code had a vulnerability The good news is that hackers never exploited it This was an overflow vulnerability in the XRP Ledger's payment engine It had been buried in the underlying code since it was first written in 2015 Hackers could construct a special order Then add another payment transaction And exploit the calculation overflow flaw To generate new XRP out of thin air To put it simply Pay only a tiny amount when buying something The system makes a calculation error And transfers a massive amount of XRP to the hacker Directly breaking through XRP's hard cap of 100 billion coins Once the vulnerability was exploited A huge amount of XRP would appear out of thin air And immediately crash the price A white-hat hacker reported the flaw through the bug bounty program The RippleX team reproduced it and confirmed that the vulnerability was real They quickly released a new version And closed the loophole for unauthorized issuance In the short term, this news Could easily trigger panic selling pressure Many newcomers won't understand it And may worry about unlimited XRP issuance Leading to a sharp short-term drop with a downward wick But guys Have you ever thought about this? A major vulnerability was buried in the underlying code for 11 years To be honest Are there any more vulnerabilities? Nobody knows Don't fucking go to sleep Only to wake up and find that the coins in your hands have turned into air That would be hilarious ‍#Gate亮相TOKEN2049