Ravencoin Price Drops 19 Percent After Security Flaw Discovery Splits the Network

According to Arzdigital, the Ravencoin project said by Tuesday, August 11, 2026 (20 Mordad 1405), that it had identified a critical vulnerability in its network consensus mechanism, one that had been exploited since August 7, 2026 (16 Mordad) and allowed some vulnerable nodes to accept invalid blocks as valid. The first invalid block identified was recorded at block height 4,487,776. An investigation by mining pool 2Miners found the flaw stemmed from improper validation of the block-height field in the KAWPOW algorithm, which allowed invalid blocks to be produced more cheaply than normal mining. News of the flaw triggered heavy selling pressure on Ravencoin, with its price falling about 19.1 percent to $0.00288 and its market value dropping to about $47.3 million. Developers warned that major pools including 2Miners and RavenMiner are mining a recovery chain, and that if this chain becomes dominant, a deep reorganization could invalidate transactions from the past three days; exchanges Upbit and Bitget have suspended deposits and withdrawals of the coin as a result.