Immediate Response to Hack: Astra Nova confirmed a hack of its third-party market maker account, leading to a sell-off of RVV assets, but assured that user assets remained secure. The team is collaborating with security experts and exchanges to trace the funds and provide real-time updates.
Market Impact and Security Concerns: Following the hack, RVV's price dropped significantly, with a 69.82% decline reported. The incident raises concerns about market security and highlights the need for transparency and robust security measures in the cryptocurrency ecosystem to restore investor confidence.
