Stolen $640k NXRA has been burned

IconCryptoNewsTerminal Staff07 Aug, 2024

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Stolen $640k NXRA has been burned

The stolen NXRA tokens worth over $640k have been burned by the attacker. The attacker used a flash loan to exploit a vulnerability in the NXRA contract and stole the tokens. The team try to contact the attacker to negotiate a return of the funds, but they have not been successful. The team is now working on implementing additional security measures to prevent this kind of attack from happening again. The price of NXRA has dropped significantly since the attack, but it has started to recover in recent days. The team is confident that the project will be able to overcome this setback and continue to grow.