The hack led to the token collapse and suspension of operations.
The Nexera blockchain infrastructure protocol, known for its tokenization solutions, was attacked, as a result of which attackers stole $1.8 million. This was reported by specialists of the company Cyvers.
Nexera, which previously operated under the name AllianceBlock, reported that it discovered the vulnerability and is already in talks with law enforcement agencies to investigate the incident.
As a result of the attack, the NXRA token contract was suspended, and trading on decentralized exchanges stopped. In addition, Nexera actively interacts with centralized exchanges in order to suspend trading on their platforms. To date, exchanges such as KuCoin and MEXC have already stopped accepting deposits and withdrawing funds.
The drop in the NXRA token price was not long in coming: according to CoinMarketCap, the value of NXRA fell by 40%, reaching $0.036 per unit, which was a shock for many investors, who now remain in limbo, not knowing whether they will return their funds.
Blockchain analyst ZachXBT reported that the hacker who carried out the attack is linked to a number of recent incidents in which private keys were compromised. Among the affected projects are SpaceCatch, Concentric Finance, OKX DEX, Serenity Shield and Reach.
Additional data from the Zapper platform shows that the attacker currently owns 32.5 million NXRA tokens worth $1.23 million, as well as $555,000 in USDT stablecoins.
Nexera added that out of the total number of NXRA tokens that were transferred, only $440,000 was actually compromised. The remaining assets in the attacker's wallet were frozen. In addition, the exploit was part of a broader coordinated attack targeting multiple projects and protocols. However, Nexera's efforts helped stop the attack, as well as minimize the damage.
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The Nexera blockchain infrastructure protocol, known for its tokenization solutions, was attacked, as a result of which attackers stole $1.8 million. This was reported by specialists of the company Cyvers.
Nexera, which previously operated under the name AllianceBlock, reported that it discovered the vulnerability and is already in talks with law enforcement agencies to investigate the incident.
As a result of the attack, the NXRA token contract was suspended, and trading on decentralized exchanges stopped. In addition, Nexera actively interacts with centralized exchanges in order to suspend trading on their platforms. To date, exchanges such as KuCoin and MEXC have already stopped accepting deposits and withdrawing funds.
The drop in the NXRA token price was not long in coming: according to CoinMarketCap, the value of NXRA fell by 40%, reaching $0.036 per unit, which was a shock for many investors, who now remain in limbo, not knowing whether they will return their funds.
Blockchain analyst ZachXBT reported that the hacker who carried out the attack is linked to a number of recent incidents in which private keys were compromised. Among the affected projects are SpaceCatch, Concentric Finance, OKX DEX, Serenity Shield and Reach.
Additional data from the Zapper platform shows that the attacker currently owns 32.5 million NXRA tokens worth $1.23 million, as well as $555,000 in USDT stablecoins.
Nexera added that out of the total number of NXRA tokens that were transferred, only $440,000 was actually compromised. The remaining assets in the attacker's wallet were frozen. In addition, the exploit was part of a broader coordinated attack targeting multiple projects and protocols. However, Nexera's efforts helped stop the attack, as well as minimize the damage.
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