🚨LOOPscale #HACKER AGREES TO#RETURN FUNDS FOR BOUNTY 🔹Loo

🚨LOOPscale #HACKER AGREES TO#RETURN FUNDS FOR BOUNTY
🔹Loopscale Labs said hackers agreed to return stolen funds via bounty negotiation.
🔹Hack involved 5.7M$USDC and 1,200$SOL theft.
🔹Withdrawal recovery plan and incident report postponed, expected in a few days.

Ek San

🚨SOLANA LOOPscale #PAUSES LENDING AFTER $5.8M #HACK

🔹Loopscale, a DeFi lending protocol on Solana, halted lending after $5.8M hack.

🔹Losses: $5.7M USDC & 1200 $SOL stolen through undercollateralized loans.

🔹Current status: Loan repayments resumed, but Vault withdrawals remain restricted.

🔹Impact: Hack affected 12% of TVL (Total Value Locked).

🔹Loopscale’s response: Investigation underway, with fund recovery efforts.

-Cointelegraph

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

USDC

0.9998

+0.01%

SOL

146.94

-1.46%

🚨LOOPscale #HACKER AGREES TO#RETURN FUNDS FOR BOUNTY

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