Ravencoin hits record low as network exploit puts transactions at risk

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Ravencoin dropped to a new all-time low of $0.002754 on Wednesday as an exploited consensus vulnerability put several days of transactions at risk. Mining pools 2Miners and RavenMiner, which control a majority of the network’s hash rate, are building a competing chain to exclude the exploited branch starting from block 4,487,776. If their chain becomes dominant, the network could undergo a three-day reorganization, potentially reversing transactions confirmed after block 4,487,775. Exchanges Upbit and Bitget suspended RVN transfers, while trading volume climbed above $18 million during the sell-off.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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