Loopscale said the exploit was caused by a vulnerability tied to how RateX-based collateral was priced. As a result of the breach, the team temporarily disabled withdrawals, loan repayments, and ...

DeFi protocol Loopscale has recovered nearly half of the funds stolen during a major exploit over the weekend, as white hat negotiations with the attacker show signs of progress. In an April 29 ...

The hacker behind the $5.8 million recent Loopscale exploit is in talks to return the stolen funds in exchange for a bounty, the Solana-based protocol said. The exploiter pilfered approximately 5. ...

Loopscale’s main USDC and SOL vaults yield APRs exceeding 5% and 10%, respectively. It also supports lending markets for tokens such as JitoSOL and BONK and looping strategies for upwards of 40 ...

Loopscale, a decentralized finance (DeFi) protocol built on Solana, has suspended its lending operations following a $5.8 million exploit.The incident occurred on April 26, when a hacker drained 5 ...

Loopscale, a so-called decentralized finance (DeFi) protocol operating on the Solana blockchain, fell victim to a significant security breach, resulting in a loss of approximately $5.8 million.

Loopscale suffers hack, bounty negotiations ongoingOn Saturday (April 26), approximately US$5.8 million of USDC and SOL were stolen from the Solana-based DeFi protocol Loopscale.

Loopscale has recovered nearly $2.9 million after a $5.7 million exploit, as negotiations with the attacker move forward under a proposed bounty deal.