On the stage of the crypto ecosystem, there have been many shining narratives. The Astra Nova project from Saudi Arabia, which focuses on the concept of an "AI-driven entertainment ecosystem," attempts to integrate gaming, comics, social finance, and AI engines into one. Its native token plays a key role in this vision—facilitating NFT transactions, purchasing game items, staking for profits, and more. The outlook appears promising.
But a hacking attack in October 2025 changed everything. The attacker infiltrated the third-party market maker system and instantly flooded the market with 8.6% of the token supply. The result was obvious: the price was halved. The once-glorious ecological kingdom was shaken to its core overnight.
What now? The project team is conducting buybacks in an attempt to stabilize the market. But the issues here go far beyond the price itself. Loss of trust is often more deadly than asset devaluation. Investors face a triple dilemma:
**First, the security management flaws.** This incident exposed serious vulnerabilities in the project's early asset custody and internal risk control. A project claiming to build a vast ecosystem can't even defend its basic security defenses—how can people feel assured?
**Second, the fragility of liquidity.** After the sharp decline, the token faces severe liquidity difficulties. In such an environment, any small disturbance could trigger a new round of selling pressure.
**Third, the damage to the narrative.** No matter how grand the ecosystem vision, it is overshadowed by a real security crisis. Rebuilding confidence takes time, and the market is never short of patience.
Essentially, investing in such projects is a gamble—whether they can perform a self-rescue from the ruins. It’s not about betting on technological progress, but on survival itself. Participants with low risk tolerance should indeed exercise caution at this stage.
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BrokenRugs
· 15h ago
It's the market maker's fault again, this time losing 8.6% directly? Sounds familiar, feels like watching a replay.
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No matter how grand the narrative, it can't stop a hacker attack. Did Astra Nova learn its lesson?
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Can buybacks restore trust... I don't believe it. Once this kind of damage is done, it's done.
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The so-called triple dilemma is just a fancy way of saying it's dead.
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The phrase about gambling for survival is painful; there's no other choice, right?
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Can't even handle security management and still want an ecosystem kingdom, laughable.
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Liquidity trap is the real killer; what’s the point of a price rebound?
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I just want to know why market makers are so easy to blacken; it's always the same story.
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Wait, was this how the Saudi project was before? Or is Astra Nova particularly bad?
View OriginalReply0
GateUser-ccc36bc5
· 15h ago
Once again, the market maker system has been hacked. How many years will it take to get tired of this routine?
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8.6% of the supply plummets rapidly; trust is falling even faster than the price.
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If the contract isn't secure, do you still want to keep dreaming big? Wake up from this ecosystem dream.
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Basically, it's a gamble that it won't die, but I can't afford to take that risk.
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Can buybacks stabilize anything? Liquidity was already fragile. Is this self-rescue or a desperate struggle?
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No matter how grand the narrative, it can't prevent a hack. Remember this lesson.
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The risk control is so poorly done that claiming to be an ecosystem kingdom is just laughable.
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The market indeed isn't lacking patience, but my money can't withstand this toll.
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Third-party market makers? Sorry, that's just inviting vulnerabilities.
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Once trust is broken, it's hard to stick it back together, especially when the price is still falling.
View OriginalReply0
GmGnSleeper
· 15h ago
Another story of an "ecosystem" being exposed; market maker systems can be hacked, how unbelievable.
Betting on survival itself? I think it's more about whether the project team has any brains.
View OriginalReply0
StableBoi
· 16h ago
Here we go again with the same tricks, Bitcoin tells stories, the crypto circle believes in stories, and only after the story breaks do you realize there was no story at all.
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Market maker systems can be hacked too; this project's infrastructure is just paper-thin. Who would dare to get involved?
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I just want to know how long the buyback can last. Once it stops, the token will drop straight through.
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Security is fundamental, right? If you can't even do that well, what are you hyping up as a big ecosystem? Laughable.
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Liquidity is getting worse and worse. Those who entered early now can't even escape. That's a lesson learned.
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Basically, it's just an empty shell scam. Technology, security, risk control—all just for show.
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Once trust is broken, it's very hard to put it back together. Astra Nova is probably beyond saving.
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Looking at this logic, buybacks only delay death; they can't cure the root problem.
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That's why I only invest in top-tier projects. When small coins have issues, they go straight to zero.
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What's wrong with the Saudi project? Security issues are universal worldwide.
On the stage of the crypto ecosystem, there have been many shining narratives. The Astra Nova project from Saudi Arabia, which focuses on the concept of an "AI-driven entertainment ecosystem," attempts to integrate gaming, comics, social finance, and AI engines into one. Its native token plays a key role in this vision—facilitating NFT transactions, purchasing game items, staking for profits, and more. The outlook appears promising.
But a hacking attack in October 2025 changed everything. The attacker infiltrated the third-party market maker system and instantly flooded the market with 8.6% of the token supply. The result was obvious: the price was halved. The once-glorious ecological kingdom was shaken to its core overnight.
What now? The project team is conducting buybacks in an attempt to stabilize the market. But the issues here go far beyond the price itself. Loss of trust is often more deadly than asset devaluation. Investors face a triple dilemma:
**First, the security management flaws.** This incident exposed serious vulnerabilities in the project's early asset custody and internal risk control. A project claiming to build a vast ecosystem can't even defend its basic security defenses—how can people feel assured?
**Second, the fragility of liquidity.** After the sharp decline, the token faces severe liquidity difficulties. In such an environment, any small disturbance could trigger a new round of selling pressure.
**Third, the damage to the narrative.** No matter how grand the ecosystem vision, it is overshadowed by a real security crisis. Rebuilding confidence takes time, and the market is never short of patience.
Essentially, investing in such projects is a gamble—whether they can perform a self-rescue from the ruins. It’s not about betting on technological progress, but on survival itself. Participants with low risk tolerance should indeed exercise caution at this stage.