According to BlockBeats, on October 7, the encryption project Stars Arena suffered a hacker attack, and the smart contract had a major security vulnerability, resulting in an asset loss of approximately US$2.9 million. Affected by this, AVAX fell more than 5% in the short term, quoted at $10.76, and the 24-hour increase narrowed to 4.30%.
It is worth noting that just a day ago, a vulnerability appeared in Stars Arena that allowed anyone to steal AVAX tokens from the project’s smart contract. Although the vulnerability was later fixed and the total amount of stolen funds was only $2,000, the theft caused Stars Arena to lose user trust again.
Community users have questioned this one after another, and some users said that this is a way for the project to rake funds. BlockBeats will continue to pay attention to the follow-up progress of this theft incident.
It is worth noting that just a day ago, a vulnerability appeared in Stars Arena that allowed anyone to steal AVAX tokens from the project’s smart contract. Although the vulnerability was later fixed and the total amount of stolen funds was only $2,000, the theft caused Stars Arena to lose user trust again.
Community users have questioned this one after another, and some users said that this is a way for the project to rake funds. BlockBeats will continue to pay attention to the follow-up progress of this theft incident.