R0AR Staking Contract Compromised: $1R0R Token Suffers Theft, Buyback Program Launched

A security breach impacting R0AR’s $1R0R staking contract has led to unauthorized asset transfers and a significant price drop for the token. The incident involved a trusted external contractor who introduced a backdoor function, resulting in a near 90% plunge in value. R0AR responded with a buyback program to stabilize the market. 785,000 USD worth of assets were reportedly stolen from the compromised contract. The company is actively working on recovery efforts and has already repurchased a significant portion of the stolen tokens via its buyback initiative.