Stars Arena App Loses $2,000 in Funds to Exploit; SIM-Swap Attacks Also Hit Similar App Friend.tech
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Stars Arena app on Avalanche lost some funds due to an exploit that allowed draining funds. The exploit has now been patched.
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User Lilitch.eth discovered the exploit on Oct. 5 and claimed over $1 million was drained. Stars Arena team said only about $2,000 was actually lost.
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The exploit involved using shares that grant token holders access to exclusive content.
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Stars Arena held a Twitter Spaces event to explain the exploit to users.
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SIM-swap attacks have also been happening on similar app Friend.tech, leaving users on edge. Friend.tech added a function to remove login methods to help.