Tag: nexera crypto hack

  • Nexera Loses Millions in Proxy Contract Breach: What Happened

    Nexera Loses Millions in Proxy Contract Breach: What Happened

    Nexera, a blockchain infrastructure developer, experienced a significant hack on Wednesday, resulting in the loss of $1.5 million as exploiters commandeered a proxy contract and sold NXRA tokens. Exploit Details: Control and Chaos Blockchain security firm Cyvers reported suspicious transactions involving Nexera’s proxy contract. The exploiter managed to upgrade the proxy contract, effectively taking control…