Home » Technology » Astra Nova Suffers $10M RVV Token Hack – Buyback & Bounty Offered

Astra Nova Suffers $10M RVV Token Hack – Buyback & Bounty Offered

by Rachel Kim – Technology Editor

Astra‌ Nova Launches Buyback & Bounty Program⁢ Following $10 Million Hack

October 20, 2025 ⁣- Web3 ‌AI platform Astra Nova is responding to a recent‍ $10 million hack ⁢wiht a two-pronged approach: ‍a token⁣ buyback⁤ initiative and a 10% ⁤bounty program for the return of stolen assets. ⁢The project‍ confirmed it‌ was the victim of an external ‍breach, dismissing suggestions of internal misconduct amid broader market skepticism following a recent crypto downturn.

The ⁢hack, which impacted the RVV token, ⁤prompted concerns about liquidity and investor confidence. Astra Nova announced plans to repurchase the same quantity of RVV tokens affected by the breach, aiming to stabilize the market​ and reassure holders. Simultaneously, the⁢ team ‌launched a bounty program offering a⁤ 10% reward to ‍anyone who returns ​the stolen funds to a designated recovery address, ⁢stating they ‍will forgo legal ‌action upon full restitution.

“What kind of hacker would convert‌ stolen assets ‌into ⁢USDT ⁤and hold it, and transfer it directly‌ to ⁢CEX? USDT can be frozen, and where is the hacker going⁢ directly to CEX, such a foolish hacker,” commented amber CN on X⁤ (formerly ‌Twitter). ​

Astra Nova ⁢emphasized a desire for a‌ peaceful⁤ resolution. “Once the full⁢ amount is returned to‌ the⁢ confirmed ⁢recovery address shared on​ official channels,no​ further action will be taken and the reward will be⁣ transferred after ⁤verification by the ⁤forensics team,” the project stated.

The buyback fund and‍ bounty program are intended to mitigate the impact ⁢of the hack⁢ and restore trust in ‍the ⁢platform. Details regarding ‌the recovery address ⁣and verification process are available ⁣through Astra Nova’s official channels.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.