TimesTabloid
2025-10-16 21:02:27

Ripple Offers $200,000 to Attack XRP Ledger. Here’s the Latest

Ripple has announced a $200,000 initiative inviting cybersecurity experts to identify vulnerabilities in its forthcoming XRPL lending protocol. Coin Bureau shared the news on X, revealing that the company has partnered with Immunefi to organize an “Attackathon,” designed to improve the resilience of the XRP Ledger through community-driven testing and responsible disclosure. 200K TO ATTACK AND IMPROVE XRP LEDGER! #Ripple is offering $200K to “attack” the XRPL lending protocol — teaming up with Immunefi for a bug bounty Attackathon to find and fix vulnerabilities. pic.twitter.com/zNd3rguNlk — Coin Bureau (@coinbureau) October 14, 2025 Collaboration with Immunefi The event, run through the Immunefi platform, will take place over several weeks. According to Immunefi’s program details , it will include an initial education phase starting October 13, followed by an active testing window from October 27 to November 29, 2025. Participants will be given access to documentation, test environments, and technical support from Ripple’s engineers. The bug bounty covers more than 35,000 lines of C++ code that make up the new lending protocol. Rewards will depend on the severity and validity of the discovered issues. If at least one confirmed vulnerability is identified, the full $200,000 fund will be distributed among contributors. If no major bugs are found, a fallback pool of $30,000 will be awarded to participants who submit legitimate but lower-severity findings. All payouts will be made in Ripple’s stablecoin, RLUSD . Goals of the XRPL Lending Protocol Ripple’s XRPL Lending Protocol aims to bring native lending functionality to the ledger. The protocol will enable fixed-term, uncollateralized loans and manage liquidity directly within the ledger’s infrastructure. It is designed to rely on off-chain credit assessment and a native vault system to handle capital and loan management. According to information from Immunefi and Ripple’s public documentation, the testing effort will focus on specific areas, such as liquidation logic, interest calculation, clawback and deepfreeze features, permissioned access control, and vault operations. These are critical functions that could affect the stability or integrity of the lending system if left untested. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Expanding XRPL’s Institutional Capabilities Ripple’s collaboration with Immunefi aligns with its broader strategy to evolve XRP beyond payments into lending and other decentralized financial applications. The company has previously stated that institutional DeFi will play an increasing role in its product roadmap. Security validation through external audits and bug bounties is essential for building institutional trust in these new services. The XRPL validator community will eventually vote on whether to activate the lending protocol on the main network. That decision, expected later in 2025, will determine when the feature becomes publicly available. By completing this testing process first, Ripple aims to ensure that the protocol can meet both technical and compliance expectations. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple Offers $200,000 to Attack XRP Ledger. Here’s the Latest appeared first on Times Tabloid .

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