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Nexera: Team Investigating Vulnerability Involving NXRA Token Smart Contracts, NXRA Token Contracts Suspended

Nexera: Team Investigating Vulnerability Involving NXRA Token Smart Contracts, NXRA Token Contracts Suspended

Bitget2024/08/07 08:18

Nexera stated on social media platforms that the team is investigating a vulnerability involving smart contracts containing NXRA tokens. While the results of the investigation are still being finalized, a few things can be shared:

- NXRA Token contracts have been suspended. Trading on decentralized exchanges has been suspended and is working with centralized exchanges to suspend trading;

- Everyone is advised to stop trading.

The investigation into the breach will now continue and will be back as soon as possible for follow-up measures.

As previously reported, at 14:00 on August 7, according to the Cyvers Alerts system monitoring, there was a suspicious transaction in the on-chain order book protocol Nexera proxy contract, where an address took ownership of the proxy contract and upgraded it. Shortly afterward, the address transferred all NXRA tokens using the Withdrawal Management feature. The address is currently selling all of its tokens for ETH and some of the funds have been bridged to the BNB chain, with a total estimated loss of approximately $1.5 million.

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