PANews reported on July 16 that according to Revoke.cash’s Twitter account, the LI.FI protocol encountered a token authorization vulnerability earlier today. Revoke.cash has released a vulnerability check tool that allows users to quickly check if they (their addresses) are affected. Currently, it is known that the Ethereum network is the main affected network, and some contracts on other chains also have similar problems.

It was reported earlier today that LI.FI has lost more than $10 million due to the vulnerability.