02:56 Aug 17, 2022 Liquidity Staking Protocol Stader NearX's Smart Contract Attacked
Stader NearX, a liquidity staking protocol launched by Stader on NEAR, suffered a smart contract attack earlier today, with damage on LPs estimated at $165,000. The price of $NEARX has now dropped 99.8%. NearX has paused its smart contract. Users cannot stake, unstake or withdraw during this period. Stader is working with security experts to investigate this thoroughly.
Source Staking
DeFi
Near
Security Incidents
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