The attacker currently holds $1.8M worth of crypto including 32.5 million NXRA tokens.
Nexera has paused the smart contract and trading on decentralized exchanges; the token fell 40%.
The attacker is linked to a string of previous compromised private key exploits including the OKX DEX hack.
Nexera, a blockchain infrastructure protocol that focuses on tokenization, has suffered an exploit with $1.8 million being stolen, according to
crypto security firm Cyvers
.
The company, formerly known as AllianceBlock, posted an
announcement on X
saying it "identified the exploit" and is in discussions with law enforcement.
The NXRA token contract has been paused and trading halted on
decentralized exchanges
. Nexera said it is in communication with centralized exchanges to pause trading on their platforms. Kucoin and MEXC have already halted deposits and withdrawals.
The NXRA token is trading at $0.036,
down 40% since the exploit occurred, according to
CoinMarketCap
.
Blockchain sleuth ZachXBT revealed on Telegram that the attacker is connected to a string of recent compromised private-key incidents including SpaceCatch, Concentric Finance, OKX DEX, Serenity Shield and Reach.
Data from
Zapper
shows that the attacker holds 32.5 million NXRA tokens worth $1.23 million and $555,000 of tether's USDT stablecoin.
CORRECTION (Aug. 7, 09:10 UTC):
Corrects protocol's name to Nexera from Nexara.
UPDATE (Aug. 7, 11:17 UTC):
Adds quote from Nexera, details of exchanges halting deposits.