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Avalanche's growing contract deployments signal progress, yet a recent hack on Stars Arena flags concerns for the network's future.

Avalanche-based web3 social media app relaunched Sunday, but with a pause on trading functionality, according to a Stars Arena post.

In the world of cryptocurrencies, all eyes are on Avalanche (AVAX) as we approach the eagerly anticipated reopening of Stars Arena this coming Sunday. AVAX enthusiasts are excited, but there's a cloud of uncertainty looming over its price.

Recent predictions from a prominent crypto analyst suggest that Bitcoin (CRYPTO: BTC) is poised for a significant rally, with Chainlink and Avalanche also showing bullish signs. What Happened: Bitcoin, the premier digital currency, is currently hovering around $26,888 at the time of writing.

The crypto market has been trading negatively as the market continues to trade under the influence of the bears. Top cryptocurrencies have displayed a sideways pattern for the first time in over a week, indicating a possibility for the crypto industry to rebound soon.

A closely followed crypto strategist says that it is only a matter of time before Bitcoin (BTC) revisits its all-time high (ATH). Pseudonymous analyst Altcoin Sherpa tells his 196,700 followers on the social media platform X that BTC will eventually soar and work its way back up its all-time high at around $69,000.

When delving into the realm of content creation, one must consider the intricate interplay of three critical elements: “perplexity,” “burstiness,” and “predictability.

Stars Arena relaunch will take place on Sunday, but trading functions will be suspended. Trading functions will remain suspended.

Stars Arena negotiated with the attacker over the course of four days, eventually recovering 90% of funds in exchange for an agreement not to prosecute.

The exploiter has returned 239,493 AVAX out of the stolen 266,104 AVAX, keeping 26,610 AVAX for themselves.

The SocialFi platform will implement a new smart contract to enhance operations.

The Avalanche (AVAX) price has been on a downtrend since October 7, when Stars Arena suffered a hack.

The platform revealed it had reached an agreement with the hacker and agreed to pay a bounty along with 10% AVAX.

Decentralized social media app Stars Arena has recovered nearly all crypto stolen in an Oct. 7 exploit, aside from a 10% bounty given to the attacker. On Oct.

AVAX crypto price is looking extremely bearish. A breakdown below $9.5 has put Avalanche price prediction of $2.86 on the cards.

Social protocol Stars Arena paid a bounty to recover 90% of funds that were taken during a security exploit last week.

Stars Arena, a Web3 social media platform, has recovered about 90% of the 266,104 AVAX stolen in a security breach on October 7, 2023, following a settlement with the exploiter. The platform received 239,493 AVAX back, while awarding a 27,610 AVAX bounty to the individual.

Platypus Finance, a DeFi protocol operating on the Avalanche network, fell victim to a security hack earlier today.

The exploiter of the Web3 social media platform agreed to keep a 10% bounty in exchange for returning the remainder of the stolen funds.

The social app on Avalanche was drained for $3 Million last week.

Stars Arena smart contract is completing a comprehensive contract audit with Paladin Blockchain Security.

In recent developments, the AVAX cryptocurrency has displayed encouraging signs that hint at a potential upward trajectory in the coming month. Despite facing hurdles along the way, AVAX has managed to rebound impressively, marking a 15% recovery from its recent low.

Avalanche made headlines for the key partnerships forged and improvements in on-chain activity throughout Q3.

Investment giant VanEck is weighing in on Ethereum (ETH) rival Avalanche (AVAX), warning that the project faces numerous serious headwinds. In a new report on the digital asset markets, VanEck analysts say that on-chain activity on Avalanche's C-Chain has collapsed to critical levels.