Dogecoin has faced a significant downturn, losing nearly 25% of its value over the past seven days amid broader cryptocurrency price corrections.
A vulnerability in the Dogecoin network caused 69% of its nodes to crash, reducing active nodes from 647 to 315. The flaw, known as 'DogeReaper,' was exploited by Andreas Kohl.
The Federal Reserve's recent policy, including a 0.25% rate cut and cautious stance on future rate cuts, raised concerns among investors and negatively impacted the cryptocurrency market.
The vulnerability allowed attackers to cause node crashes via segmentation faults, but Coinbase rated it as low risk.