š LOOPSCALE REOPENS ALL VAULTS AFTER $933,000 ATTACK
š All vaults reopened
Loopscale has restored deposits, withdrawals, and loan management for all vaults, including the USDC Genesis Vaultāthe last vault still locked after the attack. Depositors can withdraw again, and borrowers using the USDC Genesis Vault can repay and withdraw their collateral as usual, though withdrawals still depend on each vaultās available liquidity.
š° Verified attack figures
The attacker exploited a pricing flaw in the SOL Genesis Vault to borrow approximately $412,000 without sufficient collateral, while also withdrawing approximately $521,000 from the USDC Genesis Vault through an atomic transaction bundleāwhich the system blocked within 30 seconds. Total losses were approximately $933,000; the vaults have been fully replenished, and usersā deposits were not lost.
š¤ļø Reopening all vaults indicates that recovery is complete, although a detailed technical report on the attack has yet to be published.
$SOL
š All vaults reopened
Loopscale has restored deposits, withdrawals, and loan management for all vaults, including the USDC Genesis Vaultāthe last vault still locked after the attack. Depositors can withdraw again, and borrowers using the USDC Genesis Vault can repay and withdraw their collateral as usual, though withdrawals still depend on each vaultās available liquidity.
š° Verified attack figures
The attacker exploited a pricing flaw in the SOL Genesis Vault to borrow approximately $412,000 without sufficient collateral, while also withdrawing approximately $521,000 from the USDC Genesis Vault through an atomic transaction bundleāwhich the system blocked within 30 seconds. Total losses were approximately $933,000; the vaults have been fully replenished, and usersā deposits were not lost.
š¤ļø Reopening all vaults indicates that recovery is complete, although a detailed technical report on the attack has yet to be published.
$SOL
