PANews reported on August 7 that Nexera, a blockchain infrastructure protocol focused on tokenization, released an update on the security incident on the X platform: "We have discovered the vulnerability in the past few hours. We acted quickly and successfully prevented further damage. We have also taken the following measures: We are working with our partner Hypernative Labs to track the source of the vulnerability and have begun discussions with law enforcement agencies. KuCoin has suspended deposits and withdrawals, and trading will stop in the next few hours. MEXC has suspended deposits and withdrawals and stopped trading. Trading on DEX has stopped. We have suspended bridging on Nexera Bridge. As mentioned earlier, everyone is advised to stop trading. We will continue to investigate and provide updates."

According to previous news, Nexera was attacked. Crypto security company Cyvers said that Nexera lost $1.8 million in this security incident. Nexera has currently suspended the token contract.