$1R0R Contract Exploited By External Developer; R0AR Responds With Buyback Program
3 Articles
3 Articles
R0AR Announces Buyback Initiative In Response To $785K Security Breach
Decentralized finance (DeFi) platform R0AR has revealed a new buyback initiative as part of its broader recovery strategy in response to a recent security breach. According to the platform, the buyback involves acquiring tokens on a weekly basis from the open market. R0AR’s team clarified that the affected tokens accounted for only a small portion of the total circulating supply. It also reassured the community by stating that the platform’s tr…
$1R0R Contract Exploited by External Developer; R0AR Responds with Buyback Program
Kingstown, Saint Vincent & The Grenadines, April 21st, 2025, Chainwire R0AR confirms token drain incident due to staking contract vulnerability; recovery actions include structured buybacks following a significant price decline. Decentralized finance (DeFi) platform R0AR has disclosed a security breach involving its $1R0R staking contract, reportedly caused by a backdoor function introduced by an external developer. The incident led to unauthori…
$1R0R Contract Exploited By External Developer; R0AR Responds With Buyback Program
Kingstown, Saint Vincent & The Grenadines, April 21st, 2025, Chainwire R0AR confirms token drain incident due to staking contract vulnerability; recovery actions include structured buybacks following a significant price decline. Decentralized finance (DeFi) platform R0AR has disclosed a security breach involving its $1R0R staking contract, reportedly caused by a backdoor function introduced by an external developer. The incident led to unauthori…
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