Ravencoin drops to record low as miners move to reverse exploited chain

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Ravencoin has fallen to a record low after an exploited consensus vulnerability put several days of RVN transactions at risk and led exchanges to suspend deposits and withdrawals. Summary Ravencoin fell to an all time low of $0.002754 after a consensus vulnerability put several days of transactions at risk. Mining pools 2Miners and RavenMiner are building a competing chain that could trigger a reorganization covering roughly three days. Transactions confirmed after block 4,487,775 could be reversed if the competing chain becomes dominant. Upbit and Bitget suspended RVN deposits and withdrawals while the network works to restore stability. According to CoinGecko, Ravencoin fell to $0.002754 on Wednesday, about 22% below its 24-hour high of $0.003529, as selling accelerated following details of the network problem. Trading volume climbed above $18 million during the sell-off before falling back to roughly $9.6 million, while RVN recovered slightly to around $0.00284 at the time of writing. The decline came after Ravencoin disclosed on Tuesday that a consensus flaw had allowed vulnerable nodes to accept blocks that should have been rejected. The project traced the first known invalid ...

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