Li.Fi Restores Service After Cyber Attack

IconCryptoNewsTerminal Staff17 Jul, 2024

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Li.Fi Restores Service After Cyber Attack

In a recent official announcement via Twitter, Li.Fi, a multichain liquidity and data gateway project that recently suffered a hack attack, stated that "the protocol is back up and running. Most bridging and swapping functionalities have been restored by our partner protocols. We are working with law enforcement and industry partners to track down and recover the stolen funds." Previously, it was reported by Lookonchain that Li.Fi had fallen victim to an exploit resulting in the theft of $9.7 million.