Stars Arena Hacked: $3 Million AVAX Stolen

Stars Arena, one of the popular SocialFi projects of recent days, announced that all funds locked in its smart contract were attacked. It was stated that the users' tickets became dysfunctional in the application, in which approximately 3 million dollars of AVAX funds were stolen. User funds are safe for now.
The Stars Arena application, which became popular after Friend.tech, was also attacked in a similar way. According to security analysts, $2.9 million in AVAX assets were stolen in the attack. The asset value locked in the project's smart contract dropped to $0.47. Project officials warned users not to deposit money to the platform and to withdraw their existing funds.
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