According to reports from Wu, the DeFi lending market Loopscale, built on Solana, was attacked today at 11:30 AM EST due to manipulation of the RateX PT token pricing function, leading to the theft of approximately 5.7 million USDC and 1,200 SOL, accounting for about 12% of the platform's total funds. All markets have been suspended, and the team is working to restore repayment functions to avoid unexpected liquidations, collaborating with law enforcement, security teams, and investors to recover funds. A detailed incident analysis report will be released later.

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