Solana-based lending protocol Loopscale was exploited for $5.8 million on Saturday, about two weeks after its launch on April 10. The attacker drained roughly 5.7 million USDC and 1,200 SOL ...

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. ...

On Saturday (April 26), approximately US$5.8 million of USDC and SOL were stolen from the Solana-based DeFi protocol Loopscale. Roughly US$5.7 million UDSC and around 1,200 SOL were taken from ...

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, 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 ...

Update (April 26 at 8:57 PM UTC): This article has been updated to include updates from Loopscale. Solana decentralized finance (DeFi) protocol Loopscale temporarily halted its lending markets ...

The crypto ecosystem lost over $350 million to hacks in April. A suspicious Bitcoin transaction leads the chart.

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 ...