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Petar JovanovićApril 20, 2026
Ripple’s Chief Technology Officer just exposed a troubling pattern in DeFi bridging security following the KelpDAO exploit that crashed AAVE.
Meanwile, we published our weekly XRP <a href="https://xpertsstudio.com/bitcoin-price-holds-76k-as-falling-wedge-tightens/” title=”Bitcoin price holds $76K as falling wedge tightens”>price prediction yesterday on CaptainAltcoin. XRP opened this week at around $1.40. Today, the price remains nearly flat despite a broader market decline. But the real news is not price action.
Ripple’s CTO on DeFi Bridging – Convenience Over Security
The CTO evaluated many DeFi bridging systems for use by RLUSD, Ripple’s stablecoin. He focused almost exclusively on security and risk. One thing stood out: most schemes were well designed with strong mechanisms to prevent exactly the type of attack that caused the KelpDAO and rsETH situation.
However, he noticed a disturbing trend. The projects generally recommended not bothering to use the most important security features. Why? Because those features come with convenience and operational complexity costs. He was frequently pitched the simplicity and ease of adding more chains.
The implicit assumption was that he would not bother using the best security features they had. Their sales pitch was contradictory: they claimed to have the best security features, but also said the system was easy to use and scale (assuming you did not use the security features).
I evaluated a lot of DeFi bridging systems for use by RLUSD. I was almost exclusively focused on the security and risk aspect. One thing I noticed is that most schemes were very well designed and had really strong mechanisms available to protect against exactly the type of attack…
— David 'JoelKatz' Schwartz (@JoelKatz) April 20, 2026
He now has a funny feeling that part of the problem will be something like KelpDAO choosing not to use key LayerZero security features out of convenience. He hopes he is wrong, but his experience evaluating bridging systems indicates otherwise.
This is a damning critique of DeFi’s dirty secret. Security features exist on paper, but projects skip them to save time and money. Then an exploit happens, and the entire protocol crashes. The KelpDAO incident is a governance and prioritization failure.
Read here how this exploit affected the AAVE price.
XRP Price Analysis – Flat at $1.40 Amid Broad Market Weakness
XRP price is down 1.5% today, trading at $1.40 at press time. There are no specific XRP‑centric catalysts to explain the move. No major news, no exploit, no derivatives squeeze. The primary driver is a broad crypto market decline. Total market cap is down 1.25%.
The trigger is renewed geopolitical risk. Iran re‑closed the Strait of Hormuz on April 19, nullifying the brief ceasefire with the U.S. That sent risk assets lower across the board, and XRP followed.
The attached chart from CryptoCompare.com shows the Moving Average Convergence/Divergence (MACD) oscillator for XRP from April 8 to April 18. The MACD line has fluctuated between 1.30 and 1.35. The signal line remained flat at 1.00 throughout. The histogram showed only tiny negative readings (-0.01 to -0.02), indicating almost no momentum in either direction.
This confirms the price action: XRP is stuck. No bullish crossover, no bearish divergence. The MACD reflects consolidation, not trend. Short‑term outlook remains range‑bound between $1.35 and $1.45. A break above $1.45 would need a strong catalyst. A drop below $1.35 could test $1.30 support. For now, XRP is waiting – just like the rest of the market.
All in all, Ripple’s CTO just handed the DeFi industry an uncomfortable truth: the best security features mean nothing if protocols choose convenience over using them. His comments indicate the KelpDAO exploit was not a failure of technology but a failure of priorities. Until projects stop cutting corners on security to save operational costs, crashes like this will keep happening, and XRP, which has no direct exposure to this mess, will continue trading sideways while DeFi burns.
Frequently Asked Questions
Ripple owns gTreasury, a Swift‑certified platform, giving it indirect connectivity, but replacing Swift entirely is unlikely; instead, Ripple aims to complement and modernize parts of the cross‑border payment infrastructure.
How do people get hacked in crypto❓
People get hacked through phishing attacks, compromised private keys, malicious smart contracts, fake wallet apps, and interacting with unaudited DeFi protocols that skip security features – exactly the kind of shortcuts Ripple’s CTO warned about.
XRP is down due to broader market weakness triggered by Iran re‑closing the Strait of Hormuz, not because of any XRP‑specific issue; the price remains stable near $1.40 with no panic selling.
Source: captainaltcoin.com