TLDR Crypto · MARKETS & BUSINESS

LI.FI HIT BY $8M EXPLOIT

coindesk.com2 min read

Summary from the TLDR Crypto newsletter

The LI.FI bridge has been hacked for at least $8M. This has resulted in unauthorized withdrawals of up to $5.8M in ether and various stablecoins. LI.FI has advised users against interacting with its dapps while the issue is investigated. Users who did not set infinite approval should not be at risk.