Last minute; Stars Arena was hacked and 3 million dollars of AVAX in the project’s pool was stolen.
Avalanche (AVAX) ecosystem started the day with sensational news. SocialFi platform Stars Arena, which is on the Avalanche network and contributed to the rise of AVAX, was hacked. The pool containing Stars Arena users’ AVAX has been emptied. 3 million dollars of AVAX in the pool was stolen. Users cannot withdraw their AVAX.
#PeckShieldAlert @starsarenacom has been hacked for ~$2.9M pic.twitter.com/VSw8k3AVEq
— PeckShieldAlert (@PeckShieldAlert) October 7, 2023
Stars Arena was hacked: 3 million dollars lost!
The crypto industry was shaken by the Stars Arena hack news. All assets of Stars Arena, one of the pioneers of the SocialFi movement, were stolen. The $3 million pool where users’ transactions and savings were kept was emptied. In the statement from the project, users were asked not to make any deposits.
There has been a major security breach with the smart contract.
We're actively checking the issue.
DO NOT deposit any funds.
Stay tuned for updates.
— Stars Arena (@starsarenacom) October 7, 2023
Details are being updated…
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