Ravencoin Minting Attack: $40.00M Reported Loss
Ravencoin's community member CryptoScope team discovered that there are vulnerabilities in the Ravencoin blockchain, which has been cast by unknown people.
- Reported loss
- $ 40,000,000
- Attack category
- Minting Attack
Incident Overview
1.5% of the total RVN is 21 billion. Tron Black, the developer of Ravencoin, said that these tokens may have been sold to the market after being mined, so the economic losses have been absorbed by the Ravencoin ecosystem. The official reminds all miners, mining pools or exchanges to upgrade the client to the latest version, just use the latest version. The community is also considering various options to reduce the subsequent impact of the incident, such as halving the time in advance to restore the total to the original planned 21 billion.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.