Stake Nova suffered a loss of approximately $137,014, representing about 95% of user deposits. The root cause was an unchecked validation issue in the RedeemNovaSol() function, which led to a flash-loan exploit that drained the liquidity pool. The vulnerability has now been fixed, the dApp has been taken offline, and the website is currently under maintenance. The team is offering a 10% on-chain bounty to the attacker; otherwise, they stated they will continue to pursue accountability.