Loopscale: Law enforcement agencies assist in identifying the mastermind behind the vulnerability attack, and the investigation into the incident has been concluded

2025-05-15 06:11

Odaily Planet Daily News: Loopscale, a modular lending protocol, has released a final update on the X platform regarding a hacker attack. It states that with the assistance of law enforcement, the mastermind behind the April 26th vulnerability attack has been identified and is currently sharing relevant information with other protocol teams to help prevent similar incidents and support broader ecosystem security. The relevant investigation has now ended, and the focus of subsequent work will shift back to building and strengthening security guarantees. All functions will soon be restored and new standards will be created for on chain lending.

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