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

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 block to height 4,487,776 on Aug. 7, leaving transactions processed over the following days exposed to a possible rollback. Ravencoin Network Notice A critical consensus vulnerability has been demonstrated and exploited on the Ravencoin network. The issue caused invalid blocks to be accepted by vulnerable nodes. The first known invalid block appeared at height 4,487,776 on 2026-08-07 15:44:01 UTC.… — Project Raven 🦅/ RVN / Ravencoin (@Ravencoin) August 10, 2026 Ravencoin exploit could trigger a three-day reorganization Following the discovery, mining pools 2Miners and RavenMiner began building a competing chain from block 4,487,776 that excludes the branch containing the invalid blocks. Ravencoin said the two pools control a majority of the network’s hash rate, giving their competing chain a chance to become the dominant version of the blockchain. If that happens, Ravencoin could undergo a chain reorganization covering roughly three days of activity. A blockchain reorganization occurs when nodes replace a previously accepted sequence of blocks with another chain that has accumulated more valid proof-of-work. The process carries direct consequences for transactions confirmed after block 4,487,775. Ravencoin warned that transactions included on the branch being replaced could disappear from the accepted blockchain, while affected transactions may not automatically return to the mempool or be mined again. For users who sent RVN during the affected period, a transaction that previously showed confirmations could therefore cease to exist on the dominant chain if the competing branch overtakes it. Exchanges and other services accepting RVN also face the risk that deposits credited during the affected blocks could be reversed.