Solana’s Loopscale Halts Lending After $5.8M DeFi Hack

Solana’s Loopscale Suspends Lending Markets Following $5.8 Million Exploit Decentralized finance (DeFi) platform Loopscale has temporarily suspended its lending operations after an exploit resulted in the loss of approximately $5.8 million. The Solana-based protocol confirmed that loan repayments have resumed, although several core functionalit...