Decentralized platform Nexera faced a major cryptocurrency attack. This security breach resulted in the theft of 47 million NXRA tokens, halting NXRA trading.
In a statement made on its official X account, Nexera confirmed the hacking incident and announced that there was a smart contract vulnerability affecting NXRA and that it was investigating the hacking incident.
Nexera advised users to stop trading immediately, stating that they are cooperating with the exchanges and halting NXRA trading.
PeckShieldAlert stated in its post that the hacker stole 47 million NXRA from Nexera and replaced 14.7 million NXRA with 450K USDT.
Following the hacking incident, NXRA price experienced a huge decline.