A hacker exploited a vulnerability, crashing 69% of Dogecoin’s network nodes

Significant network crash reported: The Dogecoin network experienced a severe crash of 69% of its nodes due to a hacker exploiting a vulnerability known as ‘DogeReaper.’ This incident dramatically decreased active nodes from 647 to 315.

Attack executed by Andreas Kohl: This exploit was carried out by Andreas Kohl, co-founder of the Bitcoin sidechain Sequentia, utilizing an old laptop in El Salvador, raising questions about the network’s resilience against such threats.

Low severity rating by Coinbase: Despite the serious nature of the vulnerability, Coinbase rated it as low severity, rewarding the finding with 200 USD. This classification seems inconsistent with the catastrophic potential for Dogecoin’s network.