Loopscale Pauses Protocol After Week of Targeted Attacks

Cointime update: Loopscale said it paused protocol activity after a sustained, targeted attack over the past week in which its API received more than 30,000 malicious requests per day. The attacker focused on the SOL and USDC Genesis Vaults, which have been replenished, and no user deposits were lost. The protocol will stay offline until the full scope of the attack is established and security is strengthened.