News on September 7th, according to official news, Singapore STV FUNDATION LTD announced on September 7th that after a strict code audit, the DAPP Superstar Token (STV) based on the BSC chain was officially launched. STV realizes the "real asset (RWA) tokenization" of film and television investment, representing the values of strength, trust and vision. Its unique economic model combines "constant total amount" and "destruction mechanism" to ensure that the token has no inflationary pressure and strong rising expectations. The project aims to connect real-world assets such as film and television investments, lower the investment threshold, and provide holders with a diversified investment portfolio and generous returns.

Jinse Finance reported that the transaction browser Phalcon stated on social media X (formerly Twitter) that the system detected an attack on the STV on BSC. The token pool has been emptied, with losses of over $500,000. The smart contract has not been verified, and it is suspected that this is a case of price manipulation, as the calculation of prices relying on token balances is flawed. The attacker launched multiple attacks where the attacker profited by repeatedly calling the buy/sell function.

According to official news, Singapore's STV FUNDATION LTD announced the launch of its Star Token (STV), an innovative economic model that combines financial innovation, cultural exchange and globalization strategies. This BSC chain-based DAPP has the functions of NFT synthesis, pledge mining, and SWAP currency trading. The circulation of Superstar Pass is 10 million pieces. STV FUNDATION LTD, located in Singapore, is a company mainly engaged in investment consulting in the film and television industry. STV not only represents the film and television investment operation of STV FUNDATION LTD, but also shows a bright prospect for global users that combines financial innovation, cultural exchange and globalization strategy. The core of the superstar token is to realize the "real asset (RWA) tokenization" of its film and television investment operation. Compared with traditional financial assets, the superstar token adopts its innovative VE economic model, such as "constant total amount" + "destruction Mechanism", with a more stable and predictable value-added path.