Stars Arena Platform on Avalanche Loses $2.9M in Exploit Due to Reentrancy Bug

SocialFi platform Stars Arena on Avalanche suffers $2.9M exploit due to reentrancy bug that let hackers drain funds

Hackers exploited reentrancy flaw to sell shares at much higher prices, according to Peckshield

Stars Arena left with less than $0.01 after exploit; vows to recover funds, continue operations

Platform says it has secured resources to cover losses and is bringing in security team

Avalanche token AVAX down 4% over past 24 hrs amid exploit; currently trading at $10.35