BitGo Automation Error Triggers 11,000 Unfunded Payments on XRP Ledger
A malfunction in BitGo’s automated account management system caused over 11,000 failed transactions on the XRP Ledger in a single day. When a BitGo wallet ran out of XRP, its automation continued to send new account activation requests, each requiring a one-XRP base reserve. The system’s repeated “UNFUNDED_PAYMENT” errors briefly congested network trackers but did not affect consensus or transaction integrity. Community developer “Vet” flagged the anomaly, and BitGo confirmed an automation fault rather than a security breach. The custodian replenished the wallet with 1,048 XRP, restoring normal operations. This incident highlights the XRP Ledger’s resilience and underscores the importance of robust monitoring and fail-safe measures in automated wallet systems to prevent unnecessary transaction load and network disruption.
Neutral
The incident was a technical automation glitch that caused temporary congestion but did not compromise the XRP Ledger’s consensus or security. No assets were lost, and normal operations resumed once the wallet was refilled. Historical precedents show that operational faults without protocol vulnerabilities tend to have a neutral impact on market sentiment. Traders can view this as an isolated custody error rather than a systemic threat, with minimal influence on XRP’s price in both the short and long term.