Nexera, a blockchain protocol, got hacked. They lost $1.5 million. It's a mess.
The company used to be called AllianceBlock. They tweeted about the attack. They're looking into it.
Nexera hit pause on their NXRA token contract. They stopped trading on decentralized exchanges. They're trying to get centralized exchanges to halt trading too.
The NXRA token took a nosedive. It's now at $0.033, down 40% since the hack. Ouch.
The hacker's sitting pretty with 32.5 million NXRA tokens. That's worth $1.23 million. They've also got $555,000 in USDT. Not too shabby. But the hacker's not done. They're swapping NXRA for Ether. Cyvers, a blockchain security firm, says some cash has already jumped to the BNB chain.
This isn't the hacker's first rodeo. ZachXBT, a blockchain sleuth, says they're linked to other recent hacks. SpaceCatch, Concentric Finance, OKX DEX – the list goes on.
July was a nightmare for crypto. Hackers made off with $266 million in 16 attacks. WazirX, an Indian exchange, lost a whopping $230 million. That's 86.4% of the month's total losses. Compound Finance got hit for $24 million. Li.Fi lost $10 million. Bittensor and Rho Markets each lost $8 million. It's been a rough month.
Hackers love using Tornado Cash to cover their tracks. It's a mixer that makes funds hard to trace. It's a thorn in the side of cybersecurity firms.
June was better, with $176 million lost across 20 incidents. But July's spike is worrying. The crypto world's on edge.
The Terra blockchain had its own drama. It halted operations after a $6 million theft. The attacker exploited a known bug. They nabbed 60 million ASTRO tokens, some USD Coin, and Bitcoin.
In other news, the U.S. Homeland Security busted a Las Vegas resident. The charge? Running a fake crypto recovery scheme. The hits just keep coming in the crypto world.