SocialFi platform has recovered the majority of the Avalanche (AVAX) amount it lost in the Stars Arena hack attack.
It was cyber-attacked last week and approximately $2.9 million worth 266.103 AVAX loser Stars ArenaGood news came from. Made by the platform on social media in sharing266,103 stolen AVAX 239,493 of them were rescued place was given.
Stating that a common path was found by contacting the attacker, the team said that in return for the agreement, they received a little more than 10% of the stolen funds. prize He emphasized that it was given as Stolen asset included in the reward 10% expressing 26,610 AVAX and lost on bridges (brdiges) during hacking 1,000 AVAX Including approximately for 250 thousand dollars The equivalent of 27,610 AVAX was given to the cyber attacker.
Stars Arena, which received great interest and fund flow in the first days of its launch, was destroyed in its smart contract after the attack. total assets locked (TVL) had suffered a great loss in value. Then founder of Avalanche Emin Gün Sirerstated that these events could be compensated by standing behind the project through social media posts.
Although approximately 90% of the stolen funds were recovered, the project prestige in the eyes of investors has not yet recovered. According to on-chain data platform DeFiLIma, Stars Arena’s TVL rate is still at levels close to zero wandering around.
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Related article: Avalanche’s Star Faded Early: Nearly 3 Million Dollars of AVAX Was Drained!
Positive Development in Avalanche’s Popular Project: Hacker Returned the Funds! The article titled was prepared by Tugay Erdem and published on koinbulteni.com.
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