Nexera Security Incident Update: Further Damage Prevented and Multiple Emergency Measures Taken

Nexera posted an update on the X platform about the security incident: “We have discovered the vulnerability within the last few hours. We acted quickly and successfully prevented further damage. We have also taken the following steps: we are working with our partner Hypernative Labs to trace the source of the vulnerability and have begun discussions with law enforcement. KuCoin has suspended top-ups and withdrawals, and trading will be halted in the coming hours.MEXC has suspended deposits and withdrawals and halted trading.Trading on DEX has been halted. We have suspended bridging on Nexera Bridge. As mentioned earlier, everyone is advised to stop trading. We will continue to investigate and provide updates.”

In previous news , Nexera was attacked and crypto-security firm Cyvers said that Nexera lost an estimated $1.5 million in the security incident. Nexera has now suspended the token contract.