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Loopscale: Hackers agree to return stolen funds and will release withdrawal recovery plan in the next few days

律动BlockBeats
律动BlockBeats|Apr 28, 2025 01:07
BlockBeats News: On April 28th, Loopscale, a modular DeFi lending market built on Solana, announced that hackers had responded at 3:52 pm (Eastern Time) today, stating that they were willing to return the funds exploited and receive a bounty. The team will share a plan for resuming withdrawals and a comprehensive post analysis in the coming days. BlockBeats previously reported that Loopscale was attacked on April 27th at 0:30 am (Beijing time) due to the manipulation of the RateX PT token pricing function, resulting in the theft of approximately 5.7 million USDC and 1200 SOL, accounting for about 12% of the platform's total funds. Loopscale is willing to provide hackers with a white hat agreement in exchange for 90% of the utilized funds (35527 SOL).
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Timeline

May 27, 18:40【CetusProtocol shares recovery plan and community voting】
May 27, 18:33【North Korean hacker attack leads to capital outflow】
May 27, 12:20【SharpLink Gaming announces a targeted issuance of 425 million yuan】
May 27, 11:17【Suspected North Korean hacker steals $5.2 million in encrypted assets】
May 27, 11:00【The victim was hacked due to malicious software】
May 27, 10:57【User suspected of being attacked by North Korean hackers, resulting in losses exceeding 5.2 million US dollars】
May 27, 10:49【Cetus confirms theft was caused by a smart contract vulnerability】
May 27, 05:07【The Dutch government has doubled its national security funding】
May 27, 05:04【The follow-up impact of the SUI ecological theft incident is evident】
May 27, 05:00【The follow-up impact of the SUI ecological theft incident is evident】

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