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
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

The Importance of Teaching Financial Skills Early for Building Lasting Wealth

- Financial literacy builds long-term wealth by enabling smarter money decisions, compounding growth, and avoiding investment traps. - Dutch studies show higher financial knowledge boosts income for young adults and savings for older individuals, proving causal impact. - Targeted education programs, like Invest in Girls, close gender gaps by teaching risk evaluation and adapting to developmental stages. - Early financial education—tracking allowances, simulating trades—fosters informed decision-making and

Bitget-RWA2025/12/08 12:08
The Importance of Teaching Financial Skills Early for Building Lasting Wealth

Infrastructure-Fueled Expansion of Industrial Real Estate in Upstate New York: Tapping into Lucrative Prospects via Targeted Grants and Brownfield Redevelopment

- New York state’s infrastructure grants and brownfield remediation strategies are transforming Upstate industrial real estate. - FAST NY’s $283M in funding since 2022 has revitalized 37 projects, including Genesee County’s green hydrogen hub and Webster’s Xerox campus redevelopment. - Brownfield cleanup tax credits and "bluefield" zoning policies in Webster reduced industrial vacancy rates to 2% and boosted residential property values by 10.1%. - The $300M POWER UP initiative upgrades energy infrastructur

Bitget-RWA2025/12/08 11:50

Investing in Educational Institutions Emphasizing STEM as an Indicator of Future Workforce Developments

- U.S. higher education sees surging STEM enrollment, driven by workforce shortages and tech demand, with 3.46% of undergrads majoring in computer science/engineering in 2024. - Investors increasingly target STEM-focused institutions, aligning with 10.4% projected job growth by 2030, as K-12 STEM markets expand at 13.7% CAGR fueled by EdTech and private equity. - Persistent diversity gaps (26% women in STEM workforce) and financial strains highlight the need for inclusive programs and industry partnerships

Bitget-RWA2025/12/08 11:08
Investing in Educational Institutions Emphasizing STEM as an Indicator of Future Workforce Developments

Zcash Halving and Its Potential Impact on Cryptocurrency Market Fluctuations

- Zcash's 2025 halving cut block rewards by 50%, tightening annual inflation to 2%, sparking debates on supply reduction's impact on investor sentiment and institutional adoption. - ZEC surged 1,172% post-halving but faced extreme volatility ($736 to $25.96 in 16 days), driven by speculative trading and liquidity constraints in its $10.3B market cap. - Institutional adoption accelerated with Grayscale's $151.6M investment and Zcash ETF filing, while EU's MiCA regulations challenge privacy coins but Zcash's

Bitget-RWA2025/12/08 10:20
Zcash Halving and Its Potential Impact on Cryptocurrency Market Fluctuations
© 2025 Bitget