Astra Nova Custodial Account Security Breach Results in Asset Liquidation
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 19 2025Custodial Account Breach: Astra Nova's custodial account was compromised, resulting in the liquidation of 860 million RVV tokens and a 70% drop in RVV prices, significantly impacting market trust and investor sentiment.
Market Response and Security Reforms: The incident has prompted calls for enhanced security and governance reforms within the cryptocurrency market, with Astra Nova's team working on a buyback initiative to recover stolen assets and restore confidence.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
