Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Opinion: The Astra Nova theft may not be true, and the flow of funds does not match the hacker's usual behavior.

Opinion: The Astra Nova theft may not be true, and the flow of funds does not match the hacker's usual behavior.

CointimeCointime2025/10/19 05:15
By:Cointime

according to on-chain analyst Yu Jin, there are doubts about the claim by 'Astra Nova (RVV) that a third-party management account was hacked'. The hacker converted the stolen assets into USDT for holding, and directly transferred them to a CEX, which is not usual. USDT can be frozen, and direct transfers to a CEX may also be subject to risk control. Generally, hackers do not operate in this way.

Currently, a total of 860 million RVV tokens (8.6% of the total supply) were transferred out from the project's minting contract and sold on-chain, causing a sharp decline in RVV. 860 million RVV tokens were sold for 10.288 million USDT, with 8.226 million USDT transferred to a CEX, while the remaining 2.041 million USDT are still in the on-chain wallet 0x643.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin Updates Today: SpaceX Chooses Security First in Its Bitcoin Strategy Instead of Selling

- SpaceX transferred $105.4M in Bitcoin to two unmarked wallets on Nov 26, 2025, its first major BTC activity since October. - Analysts attribute the move to internal custody optimization rather than sale prep, aligning with SpaceX's historical consolidation patterns. - The transfer contrasts Tesla's static BTC holdings (11,509 BTC) and highlights divergent crypto strategies between Musk's companies. - Market observers view the move as a signal of institutional Bitcoin sentiment amid broader crypto volatil

Bitget-RWA2025/11/27 09:42
Bitcoin Updates Today: SpaceX Chooses Security First in Its Bitcoin Strategy Instead of Selling