Here is a new version of the article, adapted for Binance:
Binance Glitch Floods XRP Ledger with Failed Transactions!
Something unusual just shook the XRP ecosystem! One of the top crypto exchanges triggered chaos on the XRP Ledger — and it all started with a wallet running dry 😱
Binance, a prominent crypto exchange and wallet service, accidentally caused thousands of failed XRP transactions. Here’s what went down:
The issue began when Binance’s automated system kept trying to activate new XRP accounts. Each account requires a 1 XRP reserve, but once the wallet hit zero, the automation didn’t stop. Instead, it kept firing off transactions that couldn’t succeed.
The result? XRP’s mempool overflowed with “UNFUNDED PAYMENT” records, making blockchain explorers look like a digital traffic jam. Crypto developer Vet 🏴☠️ (@Vet_X0) humorously noted that Binance had essentially created an “infinite while loop.” New account creation attempts even spiked to 11,000 in a single day before crashing once the wallet was empty.
🔧 Binance’s Fix
Binance clarified that this wasn’t a hack — just a glitch in their automation. They quickly replenished the wallet with 1,048 XRP, stopping the flood of failed transactions.
While no damage was done to the XRP Ledger itself, this incident proves how a single misfiring script can ripple across an entire blockchain.
The ledger is back to normal now, and the notorious “infinite loop” has finally quieted down… for now.
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