The XRP Ledger Foundation paid only $250,000 to whitehat hackers Cayden Liao and Veria AI for reporting a critical bug allowing unlimited XRP token creation. Crypto sleuth ZachXBT deemed this amount insufficient given XRPL’s billions in treasury, warning that this reward policy could incentivize malicious hackers to exploit similar vulnerabilities in the future. This integer overflow flaw in the payment engine had existed since 2015 and could generate XRP that should never have existed. XRPL stated there was no evidence the bug was exploited on any public network. By comparison, a hacker who discovered a similar unlimited ETH supply vulnerability on Ethereum received a $2 million bounty in 2022.
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