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. ...

RWA protocol exploits reached $14.6 million in the first half of 2025, already surpassing the amount stolen during last year, presenting a growing security challenge.

Loopscale was hacked on Saturday, roughly two weeks after its launch on April 10. The attacker used a series of undercollateralized loans to drain about 5.7 million USDC and 1,200 SOL.

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 5 ...