Loopscale, a so-called decentralized finance (DeFi) protocol operating on the Solana blockchain, fell victim to a significant security breach.

Explore the latest developments in Solana, SEI Network, XRP, and MAGACOIN FINANCE as they navigate pivotal moments in the ...

The attacker behind a $5.8 million exploit of Solana-based protocol Loopscale has agreed to return the stolen money in exchange for a 10% bounty.

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 ...

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 ...

Some crypto teams are abandoning open source in favor of secrecy, though critics say the trade-off isn’t worth it.

Decentralized finance platform, Loopscale, suffered a US$5.7 million RateX PT manipulation during the last weekend (April ...

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 ...

Solana decentralized finance (DeFi) protocol Loopscale has temporarily halted its lending markets after suffering an approximately $5.8 million exploit. The exploit only impacted Loopscale’s ...