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XRP holds near $1.02 despite Coreum Bridge hack...

Pluang • August 13, 2026

Flare Network's FXRP, a wrapped and over-collateralized version of XRP, is now accepted as collateral on Derive, a decentralized derivatives platform. This allows XRP holders to trade options and hedge their positions without sending tokens to centra...

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This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.

Coreum Bridge Hack Affects XRP Price and Trading Dynamics The Coreum Bridge hack has led to significant fluctuations in XRP's price, causing it to fall below $1 for the first time since November 2024. This incident triggered a 211% spike in funding rates for perpetual contracts linked to XRP, indicating heightened trading activity and volatility. Despite the hack, XRP's price stabilized around $1.02 shortly after the incident. The hack's details, including the attack vector and specific vulnerabilities, remain unclear from the articles. The event has impacted XRP holders and traders, particularly those using derivatives platforms. Current trading conditions reflect a cautious market response to the hack and its implications for the cryptocurrency ecosystem. 2 sources 49

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Coreum Bridge