Recovery_Boss

Loopscale has indeed recovered the stolen funds after successful negotiations with the hacker. Here's a breakdown of what happened:
- The Hack: On April 26, Loopscale's USDC and SOL vaults were exploited due to a vulnerability in the RateX PT token pricing mechanism, resulting in a loss of approximately $5.7 million (5.7 million USDC and 1,200 SOL).
- Negotiations: Loopscale offered the hacker a 10% bounty (around $570,000) in exchange for returning 90% of the stolen funds. The hacker responded positively, and negotiations led to the return of the funds.
- Fund Recovery: Loopscale received multiple transactions from the hacker, including 10,000 WSOL ($1.48 million), 4,463 WSOL ($660,000), and 5,000 WSOL ($740,000), totaling around $2.88 million in recovered funds. The team confirmed that all stolen funds have been recovered.
- Next Steps: Loopscale plans to release further details on vault withdrawals and provide a post-mortem analysis of the incident. The team has also re-enabled loan repayments, top-ups, and loop closing, while vault withdrawals remain paused temporarily.
The successful recovery of funds is attributed to Loopscale's swift action and collaboration with the hacker, as well as support from the Solana and broader crypto community .
#BinanceAlphaAlert #NewsAboutCrypto #BTCNextATH #stolen #Recovery_Boss
$SOL
$USDC

Many new users face the challenge of incorrect deposits on Binance. While it may seem stressful, there’s a good chance you can recover your coins with Binance's support. This guide explains how to deal with this issue and avoid it in the future.

🔑 What is a Wallet Address?

Each Binance account has a set of wallet addresses managed by the exchange. When depositing, the address shown in your Binance account is linked to a wallet controlled by Binance. Any coins sent to this address are credited to your Binance account.

But what if:
🔹You deposit an unsupported coin?
🔹You use the wrong network?

In such cases, follow these steps to recover your funds.

🚨 How to Recover a Wrong Transfer

1️⃣ Collect Transaction Details
Before submitting a recovery request, gather the following information:
🔹Currency name
🔹Amount transferred
🔹Sender wallet address
🔹Your Binance wallet address
🔹Transaction ID (TxID)

2️⃣ Submit a Recovery Request
Visit Binance’s Support Center and locate the coin recovery form.
Provide the collected details and describe the situation clearly.

📝 Incorrect Transfer Scenarios
1️⃣ Transfer Without Memo
For some coins (e.g., XRP, XLM), a Memo or Tag is required during deposits.
🔹Processing Time: 2-3 days
🔹Fees: Network fees only

2️⃣ Unsupported Coin on Binance
If you transferred an unsupported coin using a supported network (e.g., BSC, ETH):
🔹Processing Time: Up to 30 business days
🔹Fees: 200 USDT

3️⃣ Coin Removed from Binance
If the coin has been delisted but was previously supported:
🔹Processing Time: 5 days
🔹Fees: Network fees

🔍 Prevention Tips
✅ Double-check the deposit network and wallet address before transferring.
✅ Always include required Memos or Tags.
✅ Start with a small test transfer to ensure accuracy.

⚠️ Disclaimer
🔹Binance cannot guarantee fund recovery in all cases.
🔹Refunds may take time and incur fees.
🔹Always exercise caution when transferring cryptocurrencies.
🔹Mistakes happen, but with Binance’s tools and support, recovery is often possible. Stay vigilant, and if you face any issues, act quickly!
#RecoveryEfforts #RecoverySignal #Binance #Recoveryourmoney #Recovery_Boss $BTC $SOL $ETH