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Reading: This New AI Crypto Undertaking Is Shopping for Again Tokens After Hack
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Asolica > Blog > Crypto > This New AI Crypto Undertaking Is Shopping for Again Tokens After Hack
Crypto

This New AI Crypto Undertaking Is Shopping for Again Tokens After Hack

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Last updated: October 19, 2025 4:10 pm
Admin
5 months ago
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This New AI Crypto Undertaking Is Shopping for Again Tokens After Hack
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Contents
  • Astra Nova Loses Over $10 Million in RVV Token
  • Token Buyback and Bounty Provide

Astra Nova, an AI-powered leisure platform, has confirmed a significant loss involving its newly launched RVV token.

In an October 18 assertion, the challenge stated the breach was linked to a compromised account belonging to one among its third-party market makers.

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Astra Nova Loses Over $10 Million in RVV Token

The workforce stated the attacker struck quickly after the token’s debut, exploiting a compromise out there maker’s account.

Astra Nova didn’t disclose the entire quantity of tokens drained from the exploit.

Nevertheless, blockchain analyst EmberCN estimated the loss at roughly $10.3 million.

The analyst stated on-chain knowledge reveals that the attacker withdrew 860 million RVV tokens—about 8.6% of the entire provide—from the challenge’s minting contract. These tokens had been later exchanged for Tether’s USDT stablecoin.

一共是有 8.6 亿枚的 $RVV (总量的 8.6%) 从项目方铸币合约转出后,在链上被抛售,致使 $RVV 严重下跌。

这 8.6 亿枚 $RVV 被出售换得了 1028.8 万 USDT,其中 822.6 万 USDT 被转进了 Gate 和 Kucoin,另外 204.1 万 USDT 还在链上钱包 0x643。… pic.twitter.com/RMmOlvRFzd

— 余烬 (@EmberCN) October 19, 2025

The large sell-off triggered a right away market response. Based on CoinGecko, RVV’s worth plunged greater than 50% inside 24 hours, sliding from $0.26 to roughly $0.0103 as of press time.

EmberCN added that about $8.2 million of the proceeds had been moved to 2 centralized exchanges, together with Gate and KuCoin. One other $2 million stays in an on-chain pockets at the moment underneath statement.

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Contemplating this, EmberCN questioned Astra Nova’s account of occasions, arguing that the transaction sample doesn’t resemble typical hacker habits.

“Which hacker would convert stolen assets into USDT and hold onto them? And even transfer them directly to a CEX? USDT can be frozen, and going straight to a CEX—where are there hackers this foolish,” EmberCN wrote.

Token Buyback and Bounty Provide

In response to the skepticism and the market crash, Astra Nova reaffirmed that it was a sufferer of an exterior compromise, not inner foul play.

The challenge introduced plans to repurchase the identical variety of RVV tokens affected by the breach. The transfer goals to stabilize the token’s liquidity and reassure traders.

$RVV Buyback Fund

In mild of current occasions, Astra Nova will likely be shopping for again the identical quantity of tokens affected immediately from the market.

This choice displays our agency dedication to defending holders, stabilizing liquidity, and reinforcing long-term confidence within the $RVV… pic.twitter.com/rnnHzpX6Us

— Astra Nova (@Astra__Nova) October 19, 2025

On the similar time, the Astro Nova workforce additionally launched a ten% bounty program for anybody who returns the stolen property to a verified restoration handle.

The challenge’s workforce stated it could not pursue authorized motion if the complete quantity is returned. It additionally described the provide as a possibility to “close this peacefully.”

“If you return the full amount to the verified recovery address shared on our official channels, no further action will be taken, and the bounty will be transferred once confirmed by our forensics team,” the challenge acknowledged.

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