The Arena: Users are advised to transfer non-AVAX assets to a new wallet. Current contracts and transactions have been suspended.

The Arena, a social protocol within the Avalanche ecosystem, has announced a security upgrade including strengthening backend infrastructure and wallet migration.The system will automatically transfer users' AVAX and tickets to the new wallet. Users are advised to transfer other non-AVAX assets to the new wallet to ensure complete security.The migration process is expected to be completed within a few hours. At the same time, TVL will be migrated to a new smart contract. The current contract and transactions have been suspended, and users should no longer interact with the old smart contract.Previously reported news: The Avalanche ecosystem social protocol, Stars Arena, has been renamed The Arena and will migrate its domain name in the future.