Astra Nova's AI Platform Hit with $10 Million Hack, Offers Token Buyback and Bounty

Astra Nova, an AI-powered entertainment platform, lost over $10 million in its newly launched RVV token due to a breach linked to a compromised third-party market maker account. The attacker exploited the compromise soon after the token's debut and exchanged the tokens for Tether's USDT stablecoin. The project announced plans to repurchase the affected tokens and has offered a bounty to recover the stolen funds.

Astra Nova, an AI-powered entertainment platform, recently experienced a significant setback with its newly launched RVV token. The company reported a breach linked to a compromised third-party market maker account, resulting in a loss of over $10 million in RVV tokens. The incident occurred shortly after the token's debut, with the attacker exploiting the compromised account to withdraw 860 million RVV tokens, approximately 8.6% of the total supply.

The compromised tokens were subsequently exchanged for Tether's USDT stablecoin, with around $8.2 million moved to centralized exchanges such as Gate and KuCoin. The remaining $2 million is currently held in an on-chain wallet under observation. The massive sell-off triggered an immediate market reaction, causing the RVV token's price to plummet by over 50% within 24 hours, sliding from $0.26 to roughly $0.0103.

Astra Nova has since announced plans to repurchase the affected tokens to stabilize liquidity and reassure investors. The project has also launched a 10% bounty program for anyone who returns the stolen assets to a verified recovery address. The team has stated that no legal action will be taken if the full amount is returned, and the bounty will be transferred once confirmed by the forensics team.