BitGo Automation Glitch Leads to Overwhelmed XRP Ledger, Network Congestion

A technical error in BitGo’s automation system resulted in thousands of failed transactions being recorded on the XRP Ledger. This caused a significant surge in network congestion and slowed down transactions for all users. While the issue was quickly resolved by BitGo, it highlights the need for robust automation safeguards in the crypto industry. 100 million ledgers were completed during this period, showcasing the reliability of the XRP Ledger.