Nexera Hacked: $1.8 Million Stolen from Tokenization Giant
The blockchain infrastructure protocol Nexera, renowned for its tokenization solutions, fell victim to an attack in which hackers stole $1.8 million. This incident was reported by experts from Cyvers.
Nexera, previously operating under the name AllianceBlock, revealed that it had identified a vulnerability and is currently in discussions with law enforcement agencies to investigate the incident.
As a result of the attack, the NXRA token contract was suspended, and trading on decentralized exchanges was halted. Furthermore, Nexera is actively collaborating with centralized exchanges to suspend trading on their platforms. So far, exchanges such as KuCoin and MEXC have already ceased accepting deposits and withdrawals.
The decline in the NXRA token’s value was swift: according to CoinMarketCap, the price of NXRA plummeted by 40%, reaching $0.036 per unit, which shocked many investors who are now left in a state of uncertainty, unsure if they will recover their funds.
Blockchain analyst ZachXBT reported that the hacker responsible for the attack is linked to a series of recent incidents in which private keys were compromised. Among the affected projects are SpaceCatch, Concentric Finance, OKX DEX, Serenity Shield, and Reach.
Additional data from the Zapper platform indicates that the attacker currently holds 32.5 million NXRA tokens worth $1.23 million, as well as $555,000 in USDT stablecoins.
Nexera added that of the total NXRA tokens transferred, only $440,000 were actually compromised. The remaining assets in the attacker’s wallet have been frozen. Additionally, the exploit was part of a broader coordinated attack targeting several projects and protocols. However, Nexera’s efforts helped to stop the attack and mitigate the damage.
