Ravencoin's native token has fallen to an all-time low of $0.002754 after a consensus vulnerability was exploited, according to Cointelegraph. The price is down roughly 22% from its 24-hour high. The vulnerability caused weak nodes to accept invalid blocks, with the first known exploit occurring at block height 4,487,776. Mining pools 2Miners and RavenMiner, which control a majority of the network's hashrate, are building a competing chain that excludes the affected branch. If that chain becomes dominant, the network could undergo a reorganization of about three days, potentially reverting transactions confirmed after block 4,487,775. Ravencoin has advised exchanges to suspend deposits and withdrawals until the chain stabilizes. Upbit and Bitget have already halted RVN transfers.
According to Cointelegraph, Ravencoin has been attacked due to a consensus vulnerability, sending its token price to an all-time low of $0.002754, down approximately 22% from its 24-hour high.
The vulnerability allowed weak nodes to accept invalid blocks. The first known exploit took place at block height 4,487,776. Mining pools 2Miners and RavenMiner, which together control a majority of the network's computing power, are constructing a competing chain that excludes the affected branch. Should this chain become dominant, the network could face a reorganization lasting about three days, potentially undoing transactions confirmed after block 4,487,775.
Ravencoin has advised exchanges to pause deposits and withdrawals until the chain stabilizes. In response, Upbit and Bitget have already suspended RVN transfers.
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