D'CENT App Wallet Flaw Linked to Theft of Millions of XRP

What happened

The Korean wallet maker D'CENT said a flaw in app versions older than November 2025 is linked to the theft of millions of XRP. It told affected users to create new recovery phrases and move all assets to fresh addresses.

Confirmed

Global impact / market context

If users of older D'CENT app versions held XRP on addresses tied to exposed recovery phrases, thieves could drain those wallets. This forces affected holders to move assets quickly, which can raise selling or transfer activity and shake confidence in the wallet.

Analyst inference

The reported theft of millions of XRP adds to concerns about wallet security for individual holders. It may push some investors to move XRP to newer apps or exchanges, which can affect how much XRP sits in self-custody and how quickly holders trade.

Analyst inference

What to watch

1. D'CENT users should check whether they run app versions older than November 2025, since the wallet maker says those versions are exposed. Confirmed
2. Affected users are advised by D'CENT to generate new recovery phrases, which are backup words that restore a wallet, and move every asset to fresh addresses. Proposed
3. Watch whether large XRP transfers from old addresses continue, which would show how many holders are acting on the warning and whether stolen funds move further. Analyst inference

Affected assets

• XRP — XRP

Evidence

• blockhead.co