Coinmonks
Published in

Coinmonks

Hacker Exploits a Bug in Li Finance: Users lose over $600,000 — Derev Blog

Quick take:

  • The hacker targeted Li Finance’s swapping feature, which allows swaps to be performed before bridging.
  • The hacker managed to steal around $600,000 from 29 wallets

In what appears to be a smart contract exploitation at Li Finance, 29 users lost around $600,000. Hackers carried out the exploit in a single transaction done at 02:51 AM +UTC.

--

--

Coinmonks (http://coinmonks.io/) is a non-profit Crypto Educational Publication. Follow us on Twitter @coinmonks and Our other project —  https://coincodecap.com, Email  — gaurav@coincodecap.com

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store