Category Blog

Project Update July 2021

Introduction The primary focus for July has been steps to recover from the exploits in June. The release of the fork v1.4.1 marks the start of the process, and much of the groundwork for recovery is now complete. We’ve overcome…

Haven Protocol: Fork Update and Next Steps

Fork 1: rollback successful  Following the release of v1.4.1 last week, the majority of exchanges, pools, and other nodes are now running the latest version of Haven Protocol.  Some miners experienced an issue with the original fork (v1.4.0) which resulted…

What does the rollback mean?

A message from the Haven Protocol team As we prepare for the upcoming fork and rollback, we need to ensure all users are fully aware of what this means for the protocol. The rollback effectively reverses the Haven Protocol chain…

Haven Protocol will Rollback Chain to Block 886575 (June 27th)

Do not conduct any transactions until further notice (Exchange transactions should be unaffected) Beginning on June 22, 2021, malicious hackers attacked Haven Protocol, exploiting several related vulnerabilities. Following an extensive investigation, we conducted a wide-ranging review of the protocol and…

xBTC Price Lag Mitigation

 Since the launch of xAssets, and more specifically xBTC, we’ve all paid very close attention to how the protocol is used. Haven, xUSD, and the xAsset ecosystem is unlike anything before it, so as you’d expect, we are all constantly…

Project Update May 2021

New xAssets on Mainnet This month saw the launch of the next phase of xAssets to Haven’s mainnet. This was another very important step forward to increasing network utility. The addition of multiple fiat currencies increases global awareness and allows…

Market Volatility: After Action Report

Introduction  Bitcoin’s volatility and price crash during April and May 2021 provided Haven’s team and community the first opportunity to analyze how Haven performed during a significant market correction.  The lessons learned for our team? Protocol performance has been nearly…

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