LI FI, a cross-chain transaction aggregator, has recently suffered a security breach. Cybers Alerts has reported some transactions as potentially fraudulent and has recommended users to cancel them. The hacker has withdrawn over $9.7 million, mostly in stablecoins, and is swapping USDC and USDT for ETH. The LI FI team has recommended the users not to use any LI FI-based applications for now. They have given a list of addresses for which approvals should be withdrawn to avoid any further access.

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