Stars Arena Secures Funding to Address $3 Million Gap After Security Breach

Social media application Stars Arena, based on the Avalanche platform, recently conveyed its success in garnering funds to bridge a $3 million financial gap. This setback was caused by a security breach on October 6. The company has also signaled its intention to reinitiate the smart contract only after undergoing a comprehensive security assessment. The Stars Arena team, while communicating through X (a popular social media platform), relayed that they have managed to obtain the necessary resources to tackle the financial shortfall from the security glitch. They also highlighted the...

source: https://tokenpost.com/Avalanche-Based-Stars-Arena-Overcomes-Financial-Setback-Assures-Security-Audit-Before-Relaunch-10785

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Published by: Book Club
Source: NewsService