🚀 Attention crypto lovers! Stars Arena, the Avalanche-based decentralized social media platform, has fixed an exploit that allowed attackers to steal $2,000. Despite the quick solution, the crypto community criticized the Stars Arena team. 😱
The funny thing is that the exploit turned out to be financially unviable for the attackers, as they spent more on gas fees than they got from the hack. Emin Gün Sirer, CEO of Ava Labs, noted that for every $0.04 earned, hackers spent $0.25.
Stars Arena is the latest app to join the growing list of social finance platforms, such as Alpha on the Bitcoin network and Friendzy on Solana.
What do you think about this incident? Do you think Stars Arena could have handled the situation better? Comment below! 💬
The funny thing is that the exploit turned out to be financially unviable for the attackers, as they spent more on gas fees than they got from the hack. Emin Gün Sirer, CEO of Ava Labs, noted that for every $0.04 earned, hackers spent $0.25.
Stars Arena is the latest app to join the growing list of social finance platforms, such as Alpha on the Bitcoin network and Friendzy on Solana.
What do you think about this incident? Do you think Stars Arena could have handled the situation better? Comment below! 💬