Ripple (available on Binance) has been in the crypto news quite a lot these past few weeks. The company behind the world’s second-largest digital currency, XRP, has released statements on growth, a hack, and a number of other developments with its platform. Today, we provide our readers with a Ripple (available on Binance) update and the latest developments of the xRapid platform.

Ripple (available on Binance) Update: Potential Private Key Vulnerability

This morning, Ripple (available on Binance) provided investors with an update regarding a recent research paper released by DFINITY Foundation and the University of California. In this paper, both parties revealed that a portion of Bitcoin (available on Coinbase) (BTC), Ethereum (available on Coinbase) (ETH), and XRP addresses were vulnerable to attacks.

Ripple (available on Binance) wanted to clear this up on their end before things spun out of control. The Ripple (available on Binance) update informs investors that the private XRP keys used before August 2015 are vulnerable. The researchers in the report claim to have successfully hacked hundreds of private keys thanks to “biased nonces.”

Ripple (available on Binance) concludes that deterministic nonce generation has been a part of its software since August 2015, making it safe from this vulnerability. While this hack is alarming, the research also states that centralized and single-computing systems are hacked with much more success and frequency than private keys.

Ripple (available on Binance)’s Positive Movement

On the more positive side of the Ripple (available on Binance) update, last week Ripple (available on Binance) announced Ripple (available on Binance)Net has passed the 200 customer mark. Ripple (available on Binance)Net is currently operational in over 40 countries and on six different continents.