If you are wondering what happened to $RVN (Ravencoin token) in the last 24 hours, here is the reason. 🚨👀⛓️
Ravencoin warned of a critical consensus bug. Invalid blocks were accepted; major miners are building a second chain; about 3 days of transfers can reverse if that chain wins. 🛑
What is Ravencoin? 🧭
Proof-of-work chain (same broad idea as Bitcoin). Launched 3 January 2018 as a Bitcoin-code fork. No ICO. No pre-mine. Mining open from day one.
RVN pays fees and mining rewards. KAWPOW lets normal GPU miners compete, not only ASIC farms. ⚙️💎
ATH near about $0.285 in Feb 2021. 🚀
Today near about $0.00293 (about −99%), market cap near about $48M. 🧊📉
Back to what broke 🚨
On 10 August 2026 Ravencoin said the bug was exploited on mainnet.
First bad block: height 4,487,776 on 7 August 2026, 15:44 UTC. 📅
2Miners and RavenMiner mine a clean chain from that height. If it wins, about 3 days of transfers can reverse. 🔄
Ravencoin asked for a more recent recovery point. Pools declined. ⚠️
Who Gets Hurt 💥
🔶 Exchange deposits after block 4,487,775 can reverse after credit
🔷 Withdrawals after that height can reverse after coins left
🔸 Self-custody sends in that window can vanish
🔹 Some reversed txs may re-enter the mempool and get mined again (not guaranteed)
Pause deposits and withdrawals until the chain is stable. Treat confirms after 4,487,775 as at risk. 🏦🛑
Upbit flagged RVN and paused deposits. Bitvavo paused deposits and withdrawals too.
Past lesson 📋
2020: about 315M extra RVN minted in an inflation bug.
Today: possible rewrite of about 3 days of settled history. ⚠️
2018 traction was fair launch vs ICO chaos, GPU miners, asset product, and Bruce Fenton / Patrick Byrne / Overstock.
have you engaged with $RVN token in these days? 👇
#Ravencoin #RVN #Crypto #Binance
Ravencoin warned of a critical consensus bug. Invalid blocks were accepted; major miners are building a second chain; about 3 days of transfers can reverse if that chain wins. 🛑
What is Ravencoin? 🧭
Proof-of-work chain (same broad idea as Bitcoin). Launched 3 January 2018 as a Bitcoin-code fork. No ICO. No pre-mine. Mining open from day one.
RVN pays fees and mining rewards. KAWPOW lets normal GPU miners compete, not only ASIC farms. ⚙️💎
ATH near about $0.285 in Feb 2021. 🚀
Today near about $0.00293 (about −99%), market cap near about $48M. 🧊📉
Back to what broke 🚨
On 10 August 2026 Ravencoin said the bug was exploited on mainnet.
First bad block: height 4,487,776 on 7 August 2026, 15:44 UTC. 📅
2Miners and RavenMiner mine a clean chain from that height. If it wins, about 3 days of transfers can reverse. 🔄
Ravencoin asked for a more recent recovery point. Pools declined. ⚠️
Who Gets Hurt 💥
🔶 Exchange deposits after block 4,487,775 can reverse after credit
🔷 Withdrawals after that height can reverse after coins left
🔸 Self-custody sends in that window can vanish
🔹 Some reversed txs may re-enter the mempool and get mined again (not guaranteed)
Pause deposits and withdrawals until the chain is stable. Treat confirms after 4,487,775 as at risk. 🏦🛑
Upbit flagged RVN and paused deposits. Bitvavo paused deposits and withdrawals too.
Past lesson 📋
2020: about 315M extra RVN minted in an inflation bug.
Today: possible rewrite of about 3 days of settled history. ⚠️
2018 traction was fair launch vs ICO chaos, GPU miners, asset product, and Bruce Fenton / Patrick Byrne / Overstock.
have you engaged with $RVN token in these days? 👇
#Ravencoin #RVN #Crypto #Binance