LiFi Protocol Releases Post-Mortem Report On Recent $11.6 Million Hack

Quick Summary:

Following the LiFi Protocol $11.6 million hack attack on July 16, the team released a post-mortem report detailing the breach process and method.

On July 16, 2024, the LiFi protocol experienced a severe security breach, resulting in the loss of approximately $11.6 million in cryptocurrencies.

According to the report, the breach impacted 153 wallets across the Ethereum and Arbitrum blockchains, draining assets including USDC, USDT, and DAI.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaNorth Korea

Topics: $11.6 Million LiFi Protocol Post-Mortem Report Latest News Hack Releases News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 14:10:10 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 565 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21687848

View Article Analysis

About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 12 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

Frequently Asked Questions