Hack history / 2020 / Hack or exploit
Ravencoin
Hack or exploit on Jul 3, 2020 · Minting Attack
ONE SOURCE · 1 SOURCE
Lost
$40M
dollars at the time
Returned
none listed
as the sources state it
Rank
#131
among thefts by dollars lost
What happened
Ravencoin's community member CryptoScope team discovered that there are vulnerabilities in the Ravencoin blockchain, which has been cast by unknown people. 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.
Details
- Date
- Jul 3, 2020
- Kind
- Hack or exploit
- Method
- Minting Attack
- How in
- Smart contract bug
- Target
- not stated
- Chains
- not stated
Reported by
Related incidents
Cite this page
SwanBluechip, "Ravencoin hack, Jul 3, 2020: $40M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht1bd2954dcb/ (data as of 2026-10-31).