Sunday, June 8, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Hacker Targets Nexera, Steals $1.5 Million in NXRA Tokens

August 7, 2024
in Blockchain
Reading Time: 2 mins read
0 0
A A
0
Home Blockchain
Share on FacebookShare on TwitterShare on E Mail


A safety breach has hit the decentralized finance (DeFi) sector as soon as once more.

Nexera, a DeFi answer that bridges conventional and decentralized finance, has misplaced $1.5 million in Nexera (NXRA) tokens as a consequence of a wise contract vulnerability.

Cyvers, a cybersecurity platform, reported the breach on August 7, explaining that an handle took management of Nexera’s proxy contract and upgraded it. Shortly after, the handle used the “withdraw admin” operate to switch NXRA tokens.

Do you know?

Need to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer movies each week!

Additional evaluation by Cyvers revealed that the hacker started changing the NXRA tokens to Ether (ETH) and that a few of the funds had already been bridged to the BNB Chain.

Crypto investigator ZachXBT stated in an August 7 Telegram submit that this exploit is a part of a sequence of assaults linked to the identical entity:

Attacker is linked on-chain to current personal key compromise incidents similar to SpaceCatch, Concentric Finance, OKX DEX, Serenity Protect, Attain, and lots of extra.

This incident comes only a day after the Ronin Community suffered an exploit, ensuing within the lack of round $10 million value of ETH. Nevertheless, the attacker returned the stolen funds inside a number of hours.

The Nexera breach provides to the rising listing of safety incidents inside DeFi, emphasizing the necessity for sturdy safety measures to guard digital belongings.

Gode is a Web3 Market Analyst who researches crucial trade occasions and interprets how they have an effect on the broader Web3 area. Her formal schooling in media tradition & digital rhetoric permits her to make use of a methodical method to evaluating vital Web3 information information, together with large-scale occasions and the broader social sentiment inside the ecosystem.Gode is a mutilingual skilled, having studied in a number of universities all throughout Europe. This permits her to have a one-of-a-kind alternative to investigate Web3 social sentiments spanning totally different cultures and languages and, in flip, develop a a lot deeper understanding of how the Web3 area is rising inside totally different communities. With the remainder of her workforce, Gode works to establish essential crypto information patterns and supply unbiased and data-driven info.Gode’s passions embody working and speaking with individuals, and when she’s not researching Web3 information, she spends her time touring and watching true crime documentaries.



Source link

Tags: hackermillionNexeraNXRAStealsTargetstokens
Previous Post

Analyzing the Decline of Web3 Gaming Tokens in 2024 H1

Next Post

How Much Small Businesses Pay Their Employees in Every State

Related Posts

Solana (SOL) Introduces Alpenglow for Faster Blockchain Consensus
Blockchain

Solana (SOL) Introduces Alpenglow for Faster Blockchain Consensus

June 7, 2025
the war that tanked the market
Blockchain

the war that tanked the market

June 7, 2025
WLFI Sends Legal Warning Over TrumpWallet Waitlist
Blockchain

WLFI Sends Legal Warning Over TrumpWallet Waitlist

June 8, 2025
AI Elevates Artistry at NVIDIA GTC Paris with Innovative Creations
Blockchain

AI Elevates Artistry at NVIDIA GTC Paris with Innovative Creations

June 6, 2025
Trump’s Bill Gets Roasted, Elon Musk Inspires $53M Token
Blockchain

Trump’s Bill Gets Roasted, Elon Musk Inspires $53M Token

June 6, 2025
G2 Spring 2025 Reports: 101 Blockchains Earned Record-breaking 32 Badges
Blockchain

G2 Spring 2025 Reports: 101 Blockchains Earned Record-breaking 32 Badges

June 6, 2025
Next Post
How Much Small Businesses Pay Their Employees in Every State

How Much Small Businesses Pay Their Employees in Every State

Plan for DVF purchase | rhino.fi

Plan for DVF purchase | rhino.fi

Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report

Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In