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Dogecoin has experienced a significant decline, losing nearly 25% of its value after peaking at $0.48, exacerbated by a network vulnerability that caused 69% of its nodes to crash. The flaw, known as "DogeReaper," was exploited by Andreas Kohl, reducing active nodes from 647 to 315. Additionally, the Federal Reserve's cautious policy on rate cuts has negatively impacted the broader cryptocurrency market, contributing to the downturn.
Dogecoin has experienced a significant decline, losing nearly 25% of its value after peaking at $0.48, amid broader cryptocurrency corrections. A network vulnerability, exploited by Andreas Kohl, caused 69% of its nodes to crash, dropping active nodes from 647 to 315. The flaw, known as "DogeReaper," allows remote crashes and poses a risk to the network's stability, although Coinbase rated it as low risk.
A hacker exploited a critical flaw in Dogecoin's network, causing 69% of its nodes to crash, dropping from 647 to 205. Despite this disruption, DOGE's price rose 2.12% to $0.41, with a target of $1, while Coinbase labeled the flaw as "Low" severity, awarding a $200 bounty to the discoverer. The vulnerability, dubbed "DogeReaper," could have allowed malicious actors to halt the network entirely, but analysts noted a resilient price pattern amidst the chaos.
A hacker exploited a vulnerability in Dogecoin's blockchain, causing a dramatic drop in active nodes from 647 to 205, a 69% decrease. The attacker, Andreas Kohl, utilized an old laptop to execute the exploit, affecting primarily outdated nodes, while the price of DOGE saw only a minor decline of 4.7%. Some nodes have since recovered, bringing the total to 331.
Andreas Kohl, co-founder of the Bitcoin sidechain Sequentia, claimed responsibility for crashing 69% of the Dogecoin network by exploiting a critical vulnerability known as “DogeReaper.” The hack reduced active nodes from 647 to just 205, although the network has since recovered to 373 nodes. Despite the incident, Dogecoin's price remained stable, increasing by 3.1% in the 24 hours following the attack.
A critical vulnerability in the Dogecoin network led to 69% of its nodes becoming inactive, yet the price of DOGE rose by 1.8%. Andreas Kohl, co-founder of Sequentia, exploited the flaw using a laptop in El Salvador, highlighting a severe gap in network resilience. Despite the incident, technical analyst Ali Martinez suggests DOGE may be entering a bull cycle, encouraging purchases in the $0.30–$0.40 range with a target of $3 and a speculative upper limit of $18.
On December 12, a significant vulnerability in Dogecoin's network led to the crash of 69% of its active nodes, dropping from 647 to 315. The exploit, dubbed "DogeReaper," was executed by Andreas Kohl from an old laptop in El Salvador, raising serious concerns about the network's stability and security. Despite the potential catastrophic consequences, Coinbase labeled the vulnerability as low-severity, prompting criticism over the delayed response to secure the network.
A hacker exploited a critical vulnerability in the Dogecoin network, causing 69% of its nodes to crash. Andreas Kohl, co-founder of Bitcoin sidechain Sequentia, utilized an old laptop to execute the attack, which was made possible by a flaw discovered by researcher Tobias Ruck. The vulnerability, dubbed "DogeReaper," allows anyone to remotely crash Dogecoin nodes, potentially threatening the entire network's stability.
Tobias Ruck
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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