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
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 NoOnes CEO Ray Youssef discloses $8 million exploit weeks after the fact, confirming crypto sleuth ZachXBT's investigation Wormhole, EigenLayer and NEAR-focused Nuffle Labs partner to bring restaking beyond Ethereum 2 Days Ago Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report
2 Days Ago Mt. Gox moves over $1 billion worth of bitcoin to unmarked address: Arkham
3 Days Ago Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
3 Days Ago Binance Records $3.97B Weekly Inflows
3 Days Ago MEXC Partners With Hacken to Increase Security Standards
