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
Get the most concise crypto news, research, and insights by subscribing to our free newsletter.
Related News
North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain Stablecoin neobank Infini exploited for $49 million: security analysts Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum July 10 Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions
July 7 TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
July 4 Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
July 3 JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
June 30 Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
