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.