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What will be the total financial loss reported by Nexera due to the exploit by end of 2024?
2
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Official financial reports from Nexera or credible financial news sources
Story
Nexera DeFi Platform Exploited, $1.5M to $1.8M Lost, 47M NXRA Drained
Aug 7, 2024, 07:44 AM
Nexera, a decentralized trading platform, has been exploited, resulting in a loss of approximately $1.5 million to $1.8 million. The attack involved an unauthorized entity gaining control of Nexera's proxy contract, upgrading it, and subsequently withdrawing all NXRA tokens. The Nexera team has paused the NXRA token contract and halted trading as they investigate the exploit. Reports indicate that 47 million to 47.253 million NXRA tokens were drained, with some converted to $448k USDT. The attacker is linked to recent private key exploits.
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