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SecuritySource: Blockonomi ·

Loopscale Halts Solana Protocol After Weeklong API Attack

Loopscale suspended operations after its APIs received more than 30,000 malicious requests daily. An attacker exploited a kySOL collateral pricing mismatch to borrow 4,597 SOL from Genesis Vaults. Loopscale confirmed that affected vaults were restored, with no reported losses to user deposits.

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