Ravencoin's RVN token fell 18.17 percent to $0.002917 after the project confirmed an exploited consensus vulnerability on its mainnet. The price drop pushed RVN to an all-time low.
The exploit ran for four days and risks a transaction reorganization across the network. If an alternative chain overtakes the compromised one, several days of confirmed transactions could be erased.
The first invalid block accepted by vulnerable nodes hit at height 4,487,776 on Aug. 7. Ravencoin issued its public notice on Aug. 11, four days after the initial compromise.
Exchanges moved fast. Bitvavo and Upbit suspended RVN transfers, cutting liquidity for holders.
Two of Ravencoin's largest mining pools are building an alternative blockchain that excludes the blocks affected by the exploit. That chain must surpass the compromised one to restore network integrity.
The flaw lived inside Ravencoin's block validation code, targeting the KAWPOW consensus algorithm. Attackers used it to produce invalid blocks that vulnerable nodes accepted as legitimate.
RVN holders face a potential three-day transaction rollback. If the reorg confirms, impacted trades and wallet balances will require manual reconciliation.
RVN now trades close to 99 percent below its February 2021 peak. The token's market cap stands near $46 million, down from roughly $2.3 billion at its high.
