Odaily Planet Daily News LI.FI released a security incident report showing that "personal human errors" during the update of its smart contract caused the protocol to be attacked by bad actors. An estimated 153 wallets were affected and nearly $12 million worth of USDC, USDT and DAI stablecoins were lost. After detecting the security vulnerability, its team immediately launched an incident response plan and successfully disabled all vulnerable aspects of the chain. The vulnerability stems from a problem when verifying transactions. The problem is related to the way the protocol interacts with the shared LibSwap code base used by multiple decentralized exchanges and other DeFi protocols. The reason is "personal human errors during the supervised deployment process." (TheBlock)