Nexera Halts NXRA Trading After 'Exploit Loss' Investigation

IconCryptoNewsTerminal Staff07 Aug, 2024

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Nexera Halts NXRA Trading After 'Exploit Loss' Investigation

Nexera, a company that provides decentralized finance solutions, has "temporarily stopped trading NXRA" in response to an "exploit loss," according to a tweet from their official Twitter account. Additionally, they stated that further investigation is underway. Earlier, security company CerbAlert had reported potentially suspicious transactions involving Nexera's Proxy Contract, noting that these transactions could result in a loss of over $1.5 million.