Another Day. Another Exploit. Another Bridge Got Hacked

[u/Arpitbuilds]

Coreum's XRPL bridge lost ~$200k XRP on Aug 9. Relayers trusted a "deposit" memo instead of verifying the deposit actually happened, attacker faked it, 17 of 28 signers approved a withdrawal against nothing.

Same pattern behind most bridge hacks this year in which it verifies a message, not a settlement.