XRP Ledger Foundation confirms fixing a serious vulnerability in an unreleased revision

Techub News reports that the XRP Ledger Foundation has confirmed the fix for a serious vulnerability found in an unreleased revision of Ripple's XRP Ledger, thereby preventing a potential major attack.

The XRP Ledger Foundation stated that on February 19, security engineers Pranamya Keshkamat from cybersecurity firm Cantina and the Cantina AI security robot discovered a "serious logical flaw" in the signature verification logic of the Ripple blockchain XRP Ledger. The vulnerability in the signature verification code batch modification could allow attackers to execute transactions from victim accounts, including stealing funds, without needing the victim's private key. XRPLF said, "This fix is currently in the voting phase and has not been activated on the mainnet; no funds are at risk." Besides the potential for fund theft and ledger tampering, this vulnerability could also "disrupt the stability of the ecosystem." Currently, XRPLF has advised validators to vote against the fix and released an emergency version (rippled 3.1.1) on February 23 to prevent the fix from taking effect.