Ravencoin dropped to an all-time low of $0.002754 on Wednesday, roughly 22% below its 24-hour high, before recovering to around $0.00284. An attacker exploited a consensus vulnerability that allowed vulnerable nodes to accept invalid blocks, with the first known instance appearing at block height 4,487,776. Mining pools 2Miners and RavenMiner, which control a majority of the network’s hash rate, are building a competing chain that excludes the compromised branch, potentially triggering a three-day reorganization. Exchanges Upbit and Bitget suspended RVN transfers, and the project recommended that platforms halt deposits and withdrawals until the chain stabilizes.
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