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Assessing what went behind the latest $600k DeFi exploit
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The Li Finance protocol was recently compromised with a hack of $600,000. Reportedly, 29 wallets were affected. However, the bug was later fixed. Well, this has added more pain to the increasing list of DeFi hacks.
The Li project’s bug was exploited at 02:51 AM (+ UTC) on 20 March 2022. Among the 10 stolen currencies were USD Coin (USDC), Polygon (MATIC), Tether (USDT), and AAVE (AAVE).
<p lang=«en» dir=«ltr» xml:lang=«en»>TLDR:• ~$600K have been stolen from 29 wallets • User don’t have to do anything • Bug has been fixed and is already deployedhttps://t.co/fqOxJxDrZs
— LI.FI – Any-2-Any Swaps (
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