DeFi Platform Loopscale Negotiates With $5.7M Exploit Hacker

Loopscale has offered a hacker behind a $5.7 million USDC and 1,200 SOL exploit a deal: return 90% of the funds and keep 10% as a bounty, with full immunity from liability. Attack Impacts 12% of Funds on Loopscale Loopscale, the on-chain borrowing and lending platform, has offered the hacker behind the exploit of $5.7
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Published: April 28, 2025