How an $86M Ledger Attack and 18 Trillion XRP Bug Exposed Crypto’s Security Risks

<p>An $86 million Ledger attack. A bug that could have created 18 trillion XRP. And growing concerns over what AI could mean for crypto security.</p><p><br /></p><p>This week on <strong>The Weekly</strong>, Alex Richardson and David Sencil unpack some of the biggest security stories shaking the industry.</p><p><br /></p><p>They break down the Ledger supply-chain attack that drained at least $86 million from users, including reports of tampered devices capable of passing Ledger’s genuine check.</p><p><br /></p><p>They also examine Ethereum researcher Justin Drake’s warning that crypto may need to prepare for “bunker mode” as AI accelerates mathematical discovery and potentially puts long-standing cryptographic assumptions under pressure.</p><p><br /></p><p>Then, they dig into the XRP Ledger vulnerability that could have allowed an attacker to mint as much as <strong>18 trillion XRP</strong>, how AI helped uncover the flaw, and whether a <strong>$250,000 bug bounty</strong> was enough for a vulnerability of that scale.</p><p><br /></p><p>Plus, Alex and David look at rising Treasury yields, U.S. fiscal concerns, and whether stress in the bond market could strengthen Bitcoin’s case as an alternative to sovereign money.</p><p><br /></p><p>🎧 Be sure to subscribe on your favorite podcast platform to catch more conversations with industry leaders, economists, and builders shaping the future of crypto and finance.</p><p><br /></p><p>Then join our community and follow us for the latest updates ⬇️</p><p>► OrangeRock: <a href="https://orangerock.com/" rel="ugc noopener noreferrer" target="_blank">⁠https://orangerock.com/⁠</a></p><p>► YouTube: <a href="https://www.youtube.com/@BitcoincomNews" rel="ugc noopener noreferrer" target="_blank">⁠https://www.youtube.com/@BitcoincomNews⁠</a></p><p>► X (<a href="http://bitcoin.com/" rel="ugc noopener noreferrer" target="_blank">⁠Bitcoin.com⁠</a>): <a href="https://x.com/Bitcoincom" rel="ugc noopener noreferrer" target="_blank">⁠https://x.com/Bitcoincom⁠</a></p><p>► X (<a href="http://bitcoin.com/" rel="ugc noopener noreferrer" target="_blank">⁠Bitcoin.com⁠</a> News): <a href="https://x.com/bitcoinnews" rel="ugc noopener noreferrer" target="_blank">⁠https://x.com/bitcoinnews⁠</a></p><p>► Telegram: <a href="https://t.me/www_Bitcoin_com" rel="ugc noopener noreferrer" target="_blank">⁠https://t.me/www_Bitcoin_com⁠</a></p><p>► Discord: <a href="https://discord.gg/9NGNJEnwmW" rel="ugc noopener noreferrer" target="_blank">⁠https://dis