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LI.FI: Smart contract vulnerabilities have been contained and users are no longer at risk

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2024-07-16 16:01:37
Cross-chain transaction aggregator LI.FI posted that the smart contract vulnerability that occurred earlier today has been contained and the affected part of the smart contract has been disabled. At present, users are no longer at risk. The affected wallets are limited to wallets with unlimited authorization set up, and the number is very small. The LI.FI team is working with appropriate law enforcement agencies and relevant third parties, including security teams from the industry, to track down the stolen funds. The team will release a more detailed post-mortem analysis as soon as possible.
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