Avalanche-based Friend.tech competitor, StarsArena, drained of $1 million; Dapp says its “at war”

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Avalanche-based Friend.tech competitor, StarsArena, drained of $1 million; Dapp says its “at war”
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Friend.tech, which rose to popularity for its concept, has witnessed a bunch of competition arise and fall since its launch in August. However, one Av

StarsArena took off over the past week, banking on the hype of Friend.tech, holding $1.04 million presently. A user of the protocol alleged that the protocol was being drained of $1.1 million owing to broken code. Crypto Twitter labeled this as FUD as it would cost $5 million to run the exploit to gain $1 million based on current gas prices. StarsArena confirmed the exploit adding that the firm was at war for the attack on the users.

-day chart However, if the cryptocurrency fails to breach the 50-day EMA and falls below the support line at $8.75, it would invalidate the bearish thesis and lead to a further decline towards $8.

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