Avalanche’s Star Faded Early: Nearly 3 Million Dollars of AVAX Was Drained!

Stars Arena, the new favorite of the SocialFi craze, was hacked and approximately $3 million worth of Avalanche (AVAX) was stolen from the platform.

Blockchain security firm PeckShield Web3 platform Stars Arena 7 October was cyber-attacked on reported. According to the transferred data Stars Arena An attacker exploiting a vulnerability in a smart contract $2.9 million worth 266.103 AVAXHe captured . Stars Arena captured attacker 266 thousand AVAX “0xa2…ad7A” sent to the address named.

PeckShield allows the attacker who violates the smart contract to retrieve user profiles against AVAX.ticketApproximately per piece $2,740 He stated that they managed to sell it at a price. This 2,740 dollar sales above the regular price of tickets worth tens of times It means it is sold.

Total asset locked (TVL) value in Stars Arena’s smart contract, according to on-chain data platform DeFiLIma 1.26 crashed from $0.051 million to $0.051.

The security firm has previously identified the address that carried out the attack. phishing scam He emphasized that it was a wallet with mixed markings.

By Stars Arena team October 7 10.00 CEST made in the waters in the statementthe following statements were made:

There was a major security breach in the smart contract. We are actively checking the issue. Do not deposit any money. Stay tuned for updates.

Avascan Explorer, which provides data service for the Avalacnhe network, discovered that the address that carried out the attack was recently located in Stars Arena.sellshares” is the same account that noticed the smart contract vulnerability and attempted manipulation. emphasized.

According to CoinGecko data, after the events %11th AVAX losing value, $11.88 from level for $10.56 experienced a decline. AVAX, at the time of writing from $10.72 finds buyers.


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