Loopscale Recovers $2.8M After $5.8M DeFi Exploit

Loopscale Recovers $2.8M After $5.8M DeFi Exploit

Solana-based decentralized finance (DeFi) protocol Loopscale has successfully recovered approximately $2.8 million of the $5.8 million lost in a recent exploit, following ongoing negotiations with the attacker. The breach, which occurred on April 26, 2025, involved manipulation of the RateX PT token pricing, allowing the attacker to drain funds from Loopscale's USDC and SOL vaults. In response, Loopscale offered a 10% bounty and full release ...

Loopscale Recovers $2.8M After $5.8M DeFi Exploit Coinatory

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