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Beosin: Analysis of 10 million Dollars Lost in LI.FI Attacks

According to Beosin Alert monitoring and warning found that the cross-chain protocol LI.FI attacked, mainly attackers use the project contract call injection will authorize the transfer of user assets to the contract, Beosin Trace tracked the stolen funds and found that the loss amount included 6.3359 million USDT, 3.1919 million USDC, 169,500 DAI, about 10 million dollars. The attack occurred on the two chains of ETH and Arbitrum. At present, most of the funds are converted to ETH. There is no new trend. Beosin has added the hacker-related address to the KYT black address database. The follow-up will continue to track and pay attention.