Notification
Mycryptopot
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
Reading: XRPL Code Update Proposed After $200,000 XRP Wallet Lockout
Share
bitcoin
Bitcoin (BTC) $ 68,672.00
ethereum
Ethereum (ETH) $ 1,965.37
tether
Tether (USDT) $ 0.999609
bnb
BNB (BNB) $ 614.83
usd-coin
USDC (USDC) $ 0.999899
xrp
XRP (XRP) $ 1.47
binance-usd
BUSD (BUSD) $ 0.999368
dogecoin
Dogecoin (DOGE) $ 0.10213
cardano
Cardano (ADA) $ 0.281136
solana
Solana (SOL) $ 85.96
polkadot
Polkadot (DOT) $ 1.36
tron
TRON (TRX) $ 0.280513
MycryptopotMycryptopot
Search
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Mycryptopot > News > Crypto > Altcoins > XRPL Code Update Proposed After $200,000 XRP Wallet Lockout
Altcoins

XRPL Code Update Proposed After $200,000 XRP Wallet Lockout

February 16, 2026 3 Min Read
Share
image
mycryptopot

In a current tweet, $XRP Ledger developer Wietse Wind shared a peculiar incident about an XRPL consumer with $200,000 $XRP who was locked out of his account after unknowingly making a “nested Multi Signal” setup.

Wietse Wind recounts that on Aug. 15, 2025, in his Twitter DMs, a apprehensive group member requested for assist/recommendation. This consumer had $200,000 in $XRP in an XRPL account and arrange multisign. He additionally arrange multisign for the accounts he used for the preliminary multisign. Then got here the error: unknowingly, he created a “nested multisign” setup.

mycryptopot

Whereas $XRP Ledger permits one to configure such a factor, it creates a situation that may by no means be resolved: even with entry to the secrets and techniques belonging to nested multisign accounts, XRPL won’t ever settle for the signatures due to the nested situation.

It’s Aug 16, 2025. In my Twitter DM’s, a apprehensive group member asks for assist/recommendation.

He has $200k in $XRP in an XRPL account, and he arrange Multi Signal. Then he arrange multi signal for the accounts he used for the preliminary Multi Signal. Unknowingly, he created a “nested Multi Signal”…

— Wietse Wind – 🪝🛠 Xaman® + XRPL + Xahau (@WietseWind) February 13, 2026

Wietse Wind identified that this can’t merely be fastened at XRPL Labs since code is regulation and the XRPL code occurs to permit for establishing a situation the place one is locked out of 1’s pockets. This leaves the one possibility for resolving the problem to be an modification.

Amendments symbolize new options or different adjustments to transaction processing. Bug fixes that change transaction processes additionally require amendments.

After these adjustments are launched as amendments, validators then vote on them. If an modification receives greater than 80% assist for 2 weeks, it passes.

mycryptopot

Nested multisign modification submitted

After discussing with brilliant minds within the $XRP Ledger ecosystem after which coding, Wietse Wind reveals that an modification that permits for nested signatures was born.

The nested multisign modification introduces nested multisignature validation, permitting signer lists to delegate signing authority to different accounts that themselves have signer lists.

Wind informs readers that this modification has now been submitted to the rippled/XRPL code base. With this code change, merged right into a future launch by RippleXDev and voted in by validators, the stated consumer with $200,000 $XRP can acquire entry to their funds once more.

mycryptopot

You Might Also Like

Stablecoin Growth and Bitcoin DeFi in Focus in the State of Cardano Q2 Report

SUI Surpasses Tron to Become Third-Largest Blockchain by Daily Active Addresses

Orderly’s (ORDER) one-month trading volume jumps by 157%

Expert Says Dogecoin Price Is Long Overdue For Rally To $1.5, ETFS To Reach $5, And XRP To Touch $10

Dogecoin Whales Go Silent, What’s Going On?

TAGGED:AltcoinsAltcoins News
Share This Article
Facebook Twitter Copy Link
Previous Article Trump Trump-Linked WLFI $500M UAE Stake Sparks Senate Demand For Probe
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
mycryptopot

Popular News

Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
SONEX launches on Soneium’s mainnet 
SONEX launches on Soneium’s mainnet 
Shiba Inu
Solana Unveils “Seeker” Phone: Will SOL Spike To $250 Now?
Shiba Inu
Cardano: Recent Poll Has ADA Beating Out Ethereum & Solana
image
XRPL Code Update Proposed After $200,000 XRP Wallet Lockout
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
- Advertisement -
mycryptopot

You Might Also Like

Developers of Surprise Altcoin Announce Large Token Buyback, Price Volatility Occurs
Altcoins

Developers of Surprise Altcoin Announce Large Token Buyback, Price Volatility Occurs

June 17, 2025
Berachain Approves Massive RFRV Batch With New Vaults Added
Altcoins

Berachain Approves Massive RFRV Batch With New Vaults Added

May 2, 2025
Dogecoin
Altcoins

Dogecoin Price Registers Deviation From Macro Channel, Analyst Sets $6 Target

March 15, 2025
Crypto Whales Bought These Altcoins in the Third Week of March 2025
Altcoins

Crypto Whales Bought These Altcoins in the Third Week of March 2025

March 24, 2025
Mycryptopot

"Welcome to MyCryptoPot, your go-to source for the latest insights and developments in the ever-evolving world of cryptocurrency.

Editor Choice

Predictions for HOOD, DTCC Doubles Down on ETH and Bakkt Is Back—Again
What happened to the stablecoins of Europe in the first 50 days of Mica?
Ripple (XRP) Rallies 21% In 1 Week: $3.50 May Be Closer Than You Think

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Facebook Twitter Telegram
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Reading: XRPL Code Update Proposed After $200,000 XRP Wallet Lockout
Share
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Welcome Back!

Sign in to your account

Lost your password?