DeFi
News Explorer — Cross-chain DeFi protocol Li.Fi hacked for $9 million
July 16, 4:35 p.m.
Decrypt
Cross-chain DeFi protocol Li.Fi hacked for $9 million
Cross-chain DeFi protocol Li.Fi has reportedly lost nearly $9 million in cryptocurrencies due to an exploit, according to blockchain security firm CertiK. The exploit targeted Li.Fi users who were manually adjusting their account settings. Li.Fi has identified additional security flaws and urged users to revoke their permissions and check whether their accounts have been compromised.