News/Liquidity Staking Protocol Stader NearX's Smart Contract Attacked

Liquidity Staking Protocol Stader NearX's Smart Contract Attacked

Aug 17,2022,10:56
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.
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