Cyvers: LI.FI suspected of suspicious transactions, more than 8 million US dollars of funds affected
According to Cyvers Alerts monitoring, the cross-chain trading aggregator LI.FI has allegedly experienced suspicious transactions, and users are advised to revoke relevant authorizations. So far, more than 8 million US dollars of user funds have been affected, most of which are stablecoins, and the attacker is converting USDC and USDT to ETH.
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In the past 24 hours, the entire network has liquidated 322 million US dollars, mainly short orders
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