LiFi Protocol loses over $8M in a cyberattack

LiFi Protocol has been breached and $8M have been drained so far.
Cyvers Alerts advises revoking approvals for 0x1231deb6f5749ef6ce6943a275a1d3e7486f4eae.
Attackers are converting USDC and USDT to ETH, emphasizing DeFi security risks.LiFi Protocol, a vital API facilitating swaps between Ethereum virtual machine (EVM) and Solana (SOL), has fallen victim to a devastating cyberattack.
Reports from Cyvers Alerts indicate that hackers have exploited a specific contract address associated with LiFi P