Solana based DeFi Protocol Loopscale Hit with Security Breach Leading to Nearly $6M Loss

Loopscale, a so-called decentralized finance (DeFi) protocol operating on the Solana blockchain, fell victim to a significant security breach, resulting in a loss of approximately $5.8 million. This amount represents 12% of the platform’s total value locked (TVL), which stood at around $40 million prior… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged defi, exploit, loopscale, sol, solana