Loopscale said the exploit was caused by a vulnerability tied to how RateX-based collateral was priced. As a result of the breach, the team temporarily disabled withdrawals, loan repayments, and ...

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.

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 ...

Loopscale’s main USDC and SOL vaults yield APRs exceeding 5% and 10%, respectively. It also supports lending markets for tokens such as JitoSOL and BONK and looping strategies for upwards of 40 ...

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 ...

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, 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 suffers hack, bounty negotiations ongoingOn Saturday (April 26), approximately US$5.8 million of USDC and SOL were stolen from the Solana-based DeFi protocol Loopscale.