Beosin Trace: The LI.FI attack occurred on the ETH and Arbitrum chains, primarily resulting in stablecoin losses

2024-07-17 09:41:40

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ChainCatcher news, according to Beosin Alert monitoring, the cross-chain protocol LI.FI has been attacked. The attacker primarily exploited the project contract's call injection to transfer user assets authorized to the contract. Beosin Trace tracked the stolen funds and found that the loss amounts include 6.3359 million USDT, 3.1919 million USDC, and 169,500 DAI, totaling approximately 10 million USD.

The attack occurred on both the ETH and Arbitrum chains. Currently, most of the funds have been converted to ETH with no new developments. Beosin has added the hacker-related addresses to the KYT blacklist and will continue to monitor and track the situation.

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LI.FI ETH Arbitrum stablecoin

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LI.FI Attack Incident Tracking

The cross-chain trading aggregator LI.FI has experienced suspicious transactions, affecting over 8 million dollars of user funds, and subsequent false messages such as "phishing accounts" have emerged. How will this develop further?

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