A social finance (SocialFi) platform built on Avalanche (AVAX) has suffered losses after bad actors targeted a smart contract vulnerability. Stars Arena allows content creators to monetize their expertise by selling tickets or shares to their followers using AVAX tokens to facilitate the sale. In a post on social media platform X, cybersecurity firm Peckshield The post Avalanche (AVAX)-Based Social Finance Platform Suffers $2,900,000 Exploit: Peckshield appeared first on The Daily Hodl .
