Solana’s Loopscale Protocol Halts Operations Following Exploit
Key Points: $5.8M stolen from Loopscale on Solana, operations halted. Investigation ongoing, security audits under scrutiny. Co-founder commits to fund recovery and user protection. Loopscale, a Solana-based decentralized finance protocol, experienced an exploit affecting its RateX PT token, leading to the theft of 5.7 million USDC and 1,200 SOL. This incident took place on April … Read more