I am hearing some rumors being reported today after seeing a spike in chatter within the gaming community on today. I have not seen the third-party game tracking tools show this much rumor in a long time. I will say the tracking tools are way more heated than the chatter I am seeing, so something might be off here. Again, I saw some initial chatter from within the gaming forums and on this site starting on today.  Now, I decided to cover it on everyday even if the chatter was not at the levels that would warrant me posting something.
To be clear, Wendgames' radar has not confirmed any release is officially going on.
Mod, cheat or hack tracking tools:
Let's start with what the tools are showing:
Bila sensor:

Souma sensor:

So most of these tools are incredibly heated, signaling that they are showing available mod, hack or cheat for the game.
Wendgames chatter:
Here is some of the chatter from various comments on this site and facebook groups since the release:

Holy shit this is the biggest gaming news of the year

I surprisingly knew about this game's existence before this!

From someone who actually played it, it's fine, just a pretty average  game. Unless you're chomping at the bit for new experiences, if it looks interesting to you just play the first one.

Let's make a little summary for the game:
GAME INFO
Name of Game: Arena Conquest: Merges Defense
Version: 3.7

Name of the cheat, mod, hint, tip or hack:
-Unlimited Money
-Mod Menu
-Money increases instead of decreasing
-Massive attack
-God mode
-Free Purchases
-Free Shopping
-Enemy does not attack
-Weak enemies
-Unlimited coins/hearts/gold/gems
-Dumb Enemies
-Free Store
-Stats Boosted
-Mega Mod
-High damage/No Shake No Recoil
-mod rewards
-Damage & defense multiplier
-Game speed multiplier
-Unlimited Ammo/no reload/No Recoil
-radar hack/Infinite money
-Unlocked/all levels unlocked

Game description:
Welcome to the Battle Extravaganza: Arena Conquest – Merges Defense!

Embark on a transcendent gaming odyssey as “Arena Conquest” thrusts you into the heart of an epic clash between tower defense mastery and exhilarating merging mechanics. Immerse yourself in a vibrant realm where Heroes, Monkey Towers, and dynamic maps converge to deliver a gaming experience that goes beyond the ordinary.

Unleash Unprecedented Power Through Merging:

In “Arena Conquest,” merging isn’t just a gameplay mechanic; it’s a symphony of strategic brilliance. Forge your perfect defense by merging units, elevating their abilities, and sculpting an unstoppable army. Every merge is a masterpiece, transforming your units into an indomitable force that dominates the battlefield.

Craft Your Battle Style: Whether you crave the finesse of passive defense or the thrill of an all-out assault, “Arena Conquest” caters to your playstyle whims. Engage in electrifying head-to-head battles against real-world adversaries, where strategic prowess is the key to triumph. Select from a cast of mighty Heroes, each endowed with distinctive abilities, and curate a loadout from 22 Monkey Towers, each boasting diverse upgrade paths and awe-inspiring abilities.

Dynamism Unleashed in Maps and PvP Glory: Experience a tapestry of dynamic maps, each weaving its own tale of challenge and triumph. Immerse yourself in the heart-pounding thrill of PvP tower defense battles, where every move counts, and only the most cunning strategies prevail. “Arena Conquest” presents an arena where strategic brilliance meets intense competition, providing an exhilarating experience for players seeking the pinnacle of tower defense action.

Continuous Evolution with Riveting Updates: “Arena Conquest: Merges Defense” ensures your journey is ever-evolving with regular updates introducing new characters, groundbreaking features, and gameplay enhancements. Conquer Boss Events, navigate challenging Odysseys, and join the fierce battles in the Contested Territory. The game’s evolution promises new challenges and rewards, keeping you hooked for countless hours of strategic mastery.

Ascend to Unparalleled Heights: Ascend beyond limits with the Ascension system, unlocking unique battle talents that redefine the art of warfare. Strategically level up your units, creating an army tailored to your distinct playstyle. The merging mechanic is not just an upgrade; it’s a transcendental transformation that adds depth and complexity to your defensive strategies.

Forge Alliances, Conquer Quests, and Express Yourself: Forge powerful alliances in clans, enhancing your cooperative and competitive gameplay. Conquer quests to reap rewards that propel your ascent. Express yourself by customizing your loadout with captivating animations, vibrant emotes, and exclusive bloon skins, showcasing your triumphs through a tapestry of accolade badges.

Endless Spectacle and Versatile Battles: With 4-Player Co-Op, special event rules, and a plethora of playstyles, “Arena Conquest: Merges Defense” offers an endless spectacle for both casual and dedicated players. From the illustrious Hall of Masters to the myriad of game modes, the journey promises perpetual excitement and conquest.

Embark on the Ultimate Arena Adventure: Hone your strategy, rally your defenses, and dive into the intoxicating world of “Arena Conquest.” Whether you’re a seasoned tower defense tactician or a newcomer seeking thrills, this game is your portal to unparalleled strategic excellence. Can you conquer the arena and seize the ultimate prize? The battlefield beckons—let the conquest begin!

Arena Conquest: Merges Defense MOD APK Version 3.7

Manual Steps:
1. Install Modded APK
2. Play

Download Now
In any case, the best mod, cheat or hack for now comes down to these tips:

1. The first cheat or exploit is to not skip the tutorial, even if you're an advanced player and this is your second, third, or fourth alt account. The beginner's tutorial gives you lots of free stuff and rewards, which are some of the most valuable items in the game.
2. Keep watching the ads and collecting more and more daily currency rewards.
3. Play daily events for more chances to get better currency.
4. Practicing to get better time in PVE or offline mode.
5. Don't skip any unleashed events.
6. Use ad packs from the store to get currency. And free packs can be obtained every certain number of hours.
7. Watch YouTube or Twitch videos: gamer's gameplay style and tutorials.
8. Play against many different opponents with many different gameplay styles.
9. Join the game community on Discord, Reddit, Facebook, or other social media platforms where you can share your gaming experience.
10. Are you a competitive online mobile gamer? The secret to becoming a top mobile gamer is to first have at least a medium-range phone or a top-of-the-line phone. Without a good device, you will never be a good gamer. Next, you need a superfast internet connection. If you want to do exploits against other gamers online in real time, you need incredible internet connectivity, or else lag will become your best friend when your ping goes up to over 300 ms. And finally, you need to be me, Wendgames, the greatest mobile gamer the world has ever seen. If anyone else tells you anything else, they're lying. Skills only come through persistence with great devices and fast connectivity to react appropriately against enemy players.