Serenity

Value

Million

Nexera

Crystal

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/hackers-steal-1-8-million-from-nexera-in-major-attack/" data-wpel-link="internal">Hackers Steal $1.8 Million from Nexera in Major Attack</a><br></p>
<p style="text-align: justify">Blockchain infrastructure provider <strong>Nexera</strong> suffered a major attack, losing $1.8 million. This incident was confirmed by crypto security firm Cyvers. Following the attack, Nexera announced they are investigating the situation and have halted the smart contract. Additionally, efforts are ongoing to stop trading by communicating with centralized exchanges.</p> 
<h2 style="text-align: justify" id="nxra-token-loses-value">NXRA Token Loses Value</h2> 
<p style="text-align: justify">Following the attack, the NXRA token experienced a significant drop in value. The token’s value fell by 40% to $0.036. This situation has caused great concern among <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> and Nexera users. Nexera continues to communicate with centralized exchanges to halt trading.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-377722 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/nexera.png" alt="" width="498" height="348"></p> 
<p style="text-align: justify">Blockchain detective ZachXBT revealed on Telegram that the attacker is linked to several previous private key hacks. These attacks include platforms like SpaceCatch, Concentric Finance, <strong>OKX DEX,</strong> Serenity Shield, and Reach. The attacker currently holds 32.5 million NXRA tokens and $555,000 worth of USDT.</p> 
<p style="text-align: justify">This attack has once again highlighted the security vulnerabilities in the Blockchain and <a href="https://en.coin-turk.com/mexicos-major-isp-total-play-integrates-bitcoin-lightning-network-for-payments-a-big-leap-for-crypto/" data-wpel-link="internal">cryptocurrency</a> world. Nexera, previously known as AllianceBlock, offered a Blockchain protocol focused on tokenization. However, such attacks continue to undermine the confidence of users and investors. Crypto security firms like Cyvers are constantly working to prevent such incidents.</p> 
<h2 style="text-align: justify" id="relentless-attacks">Relentless Attacks</h2> 
<p style="text-align: justify"><strong>Cryptocurrency</strong> world frequently experiences such attacks. According to Crystal Intelligence, a total of $19 billion worth of cryptocurrency has been <a href="https://newslinker.co/what-is-cybersecurity/" target="_blank" rel="noopener" data-wpel-link="exclude">hacked</a> since 2011. In February alone, $67 million worth of cryptocurrency was lost.</p> 
<p style="text-align: justify">Ari Redbord from TRM Labs emphasized that these incidents need to be taken more seriously. Legal experts highlight that hacks linked to North Korea pose a significant problem.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/hackers-steal-1-8-million-from-nexera-in-major-attack/" data-wpel-link="internal">Hackers Steal $1.8 Million from Nexera in Major Attack</a></h5>
<p>The post <a href="https://en.coin-turk.com/hackers-steal-1-8-million-from-nexera-in-major-attack/" data-wpel-link="internal">Hackers Steal $1.8 Million from Nexera in Major Attack</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Hackers Steal $1.8 Million from Nexera in Major Attack

Table of Contents

COINTURK NEWS

Other articles published on Aug 7, 2024

Explosive Altcoin Growth: XRP, ADA, and RBLK Unleash Investment Potential

Do Kwon to be Extradited to South Korea: Montenegro Court Upholds Decision

Huge Rise in Solana (SOL) Based Memecoins in the Last 24 Hours! Here are the Rising Memecoins

Bitcoin Could Dip to $40,000 Amid Market Turbulence: 10x Research

TeraWulf: 100% Growth and New AI Projects

JITO Foundation Releases Code for Jito Restaking on Solana

Join our free newsletter for daily crypto updates!