$USDC

Loopscale (Solana Lending Protocol) Update 🔒⚡

According to Wu, Loopscale, a key lending protocol in the Solana ecosystem, has announced it will resume withdrawals starting 10:00 AM ET, May 9 (10:00 PM Beijing Time). ⏰

🔧 Although the protocol’s security patch has successfully passed its audit, withdrawals will initially face daily limits:

• SOL users: max 2,500 SOL per 24 hours 🪙

• USDC/USDG users: max 500,000 USDC/USDG per 24 hours 💵

• jitoSOL users: max 500 jitoSOL per 24 hours 🌐

🚨 Background: Loopscale was previously targeted by hackers, losing ~5.7M USDC and 1,200 SOL due to a security flaw. However—after negotiations—the stolen funds have been fully recovered. ✅🔐

⚠️ Reminder: Stay informed and cautious as services gradually restore