LiFi Protocol Exploited for Over $8 Million in Major Cyberattack

The LiFi protocol was exploited, resulting in a loss exceeding $8 million. The attacker specifically targeted accounts with infinite approval settings. LiFi has advised users to avoid interacting with any LiFi-supported applications for the time being. A major hack has compromised the LiFi protocol, leading to over $8 million in losses and urging heightened security

Source: CoinOtag