Astra Nova Plans Token Buyback Following $9 Million Hack
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 19 2025Astra Nova's Response to Hack: Astra Nova announced a token buyback plan following a hack that resulted in the unauthorized sale of 860 million RVV tokens, aiming to restore market confidence and stabilize the token's value after a nearly 70% drop.
Security and Market Impact: The hack involved only market-maker funds, with no user assets compromised, but raised significant security concerns in the crypto market, prompting calls for enhanced security measures and transparency to rebuild community trust.
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.
