Smart Contract Hack Drains $1.8M from Nexera Protocol: Inside the Heist
In the rapidly advancing domain of decentralized finance (DeFi), a recent event has underscored the significant security risks that the sector faces The blockchain infrastructure protocol known as Nexera encountered a grave security breach, culminating in the theft of digital assets valued at roughly $1 8 million This incident, which unfolded on August 7, 2024, adds to the growing list of security challenges within the DeFi ecosystem, spotlighting the urgent need for enhanced protective measures The exploit of Nexera was particularly alarming due to the method employed by the cybercriminals...
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