Stars Arena Fixes Code Flaw on Avalanche-based Platform
The Stars Arena team has addressed and fixed a code flaw in their social media platform that is based on the Avalanche network. They dismissed critics who they claim are spreading fear, uncertainty, and doubt (FUD) about the exploit. The attack allowed hackers to extract $2,000 by exploiting a vulnerability in the platform’s price function. However, the attackers incurred high gas fees on the Avalanche network, making it economically impractical for them to profit from their actions. Despite the fix, the crypto community criticized Stars Arena for mishandling its Friend.tech fork. Stars Arena’s comments also subtly implicated Friend.tech, raising questions about the competitive landscape in decentralized social media. The recent controversy has resulted in a decrease in transactions, volume, and user engagement on Stars Arena.
Hot Take: Stars Arena Addresses Code Flaw but Faces Criticism
The Stars Arena team has successfully fixed a code flaw in their social media platform that operates on the Avalanche network. However, they faced criticism from the crypto community for mishandling their Friend.tech fork and for vulnerabilities in their platform. While the exploit allowed attackers to extract $2,000, they incurred high gas fees that made it unprofitable for them. Stars Arena’s response to the exploit drew attention and raised concerns about competition in decentralized social media platforms. The recent controversy has had a negative impact on Stars Arena’s activity and user engagement. It remains to be seen how this incident will affect their position in the market and their reputation among users.
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