Ravencoin Crashes 20% as Critical Exploit Threatens to Rollback Network

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Ravencoin Crashes 20% as Critical Exploit Threatens to Rollback Network

60-second summary

Ravencoin is crashing 20% as a critical exploit threatens to rollback its network, with two mining pools controlling most of its hash power rebuilding the chain from before Friday's first bad block. This would undo potentially hundreds of blocks and millions of dollars in transactions, potentially destabilizing the entire cryptocurrency market and eroding investor confidence.

Two mining pools controlling most of Ravencoin's hash power are already rebuilding the chain from before Friday's first bad block—here's what a forced rollback would undo.