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Stars Arena Relaunches Social Finance App with Trading Functionality Paused After Hack and Recovery of Stolen Funds

The web3 social finance app based on Avalanche has been relaunched, but trading functionality is currently paused. The Stars Arena team announced that trading will only resume once a full audit has been published and the contract has been open-sourced for community review. The relaunch comes after the app was hacked on October 7, resulting in the loss of all funds locked in its smart contract. However, the platform managed to retrieve around 90% of the stolen funds after negotiating with the hacker responsible for the attack.

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