nobody accidentally swaps $50M into a pool with $36K of liquidity lol. fresh wallet, $50.4M from Binance, zero slippage protection, routed through the jankiest Sushiswap path possible. and then an MEV bot just happens to flash borrow $29M from Morpho in the same block and pocket $9.9M?
cmon. 0xngmi called this exact play a year ago - construct a deliberately terrible swap, let a friendly bot extract the value, dirty money comes out the other side as "legit MEV profit."
$154K per AAVE isn't a fat finger. it's a laundering fee
Today I bet $638 to win $20 that Canada won’t strike Iran by the end of the month
This is literally the most free money of all time
I’m pretty sure Canada doesn’t even have a military
About three weeks ago I posted an amendment that would resolve a locked-out multi sign setup, causing one of our community members to be locked out of 50k XRP.
If we allow tech to bail on users this way, we're failing the ecosystem (in my opinion). Three weeks later not much has happened. There's a proposal for a different approach, that (imo) doesn't cut it. Why?
There are a few approaches to fixing XRPL accounts that get stuck because their signers independently changed their own key setup:
- Ban invalid signer configs at transaction time. Doesn't work. The lockout happens across multiple accounts over time, each transaction was valid when submitted. You can't prevent it without restricting what people do with their own keys.
- (Counterproposal by Ripple staff) Let a disabled master key still work as a signer on someone else's account. Gets the job done for already-stuck accounts but breaks a core assumption: disabled means disabled. If you turned off your master key because it leaked, you don't want it suddenly usable again in some other context.
- (Our approach) Nested multi-sign. Walk the signer-of-signer chain recursively, detect cycles, relax quorum where needed. Recovers stuck accounts without changing what "disabled" means. DoS concerns are real but solvable with a global signature verification cap per transaction (Batch already allows 288 sig verifications today, nested multi-sign caps at 64).
I strongly believe option 3 is the right path. It's the only one that actually fixes things without weakening security guarantees.
PR: https://t.co/5yXk4z1XIk
XLS: https://t.co/45K9CoaC7L
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@Crypto_Pirate13@jungleincxrp@DropFiWallet Wdym boycott? They dont break even with the fees!
You have the free will to choose what wallet to use but thinking that everything should be for free from someone who put their heart and soul in the company is a ridiculous argument
I see a lot of heat being thrown at @XamanWallet lately, and honestly, I don’t like it.
First of all, nobody is forced to use any wallet, it’s a personal choice. There are many alternatives in the ecosystem, and competition should be about building better products, not tearing others down.
Secondly, @WietseWind and the Xaman team have been transparent, hardworking, and committed to the XRPL longer than most. Xaman was the very first wallet I installed when I joined this ecosystem.
Lastly, projects that try to grow by throwing mud at others are missing the point. You don’t strengthen the ecosystem by weakening your neighbors.
These are some thoughts I had into this situation.
There’s a small group of “influencers” trying to attack Xaman & @WietseWind + team because they have a small fee of 0.09 XRP on swaps.
Xaman, by far, is the fastest updating wallet. They implement amendments and fixes that other wallets, like Joey Wallet (the one these people are pushing) don’t even have still.
Xaman team is active in the XRPL community and Dev. They provide the best experience, feature rich wallet and do it with a great attitude and optimism.
The current forced narrative that Xaman is doing something wrong stems from these other people wanting to get fees on their low effort software before XRP amendments make it possible to be used by banks and institutions.
Xaman/Xumm and team have been nothing but awesome to work with and they have kept everyone safe, with no hacks or exploits to date.
Keep it up @WietseWind, we are with you!
This is how XRP was used as a bridge asset in the last 24h.
477 auto-bridging events occurred.
EUROP / RLUSD - 124 events (most active)
RLUSD / BBRL ( Braza Bank Brazilian Real Stablecoin) - 67 events
USDC / RLUSD - 46 events
Interestingly, RLUSD appears in majority if auto-bridging event. Clearly the most actively traded currency against other currencies where XRP gets used as the bridge.
> Total of ~15,000 XRP was used to provide liquidity for better exchange rates.
> 92% of all trades are Token/XRP pairs
> 8% of all trades are Token/Token pairs
out of all Token/Token trades, 0.8% were auto-bridged.
For the BBRL events, those amounts were small trades but still enough to trigger auto bridging. The XRPL DEX is so efficient that you can trade tiny amounts without friction.
XRP loves tokenization - long tail of assets.
Autobridging is the the technical term that makes XRP the bridge asset on the XRP Ledger.
It connects currencies via their respective XRP pair on the DEX.
XRP has a privileged role on the network!