Tagged: loopscale

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

Lost in Space Robot

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

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