solana

The recent Loopscale hack — a $5.8 million hit to a Solana-based DeFi lending protocol — is more than just your typical crypto heist. In the meantime, consider this a flashing red light. The Solana ecosystem needs to seriously reconsider the “move fast and break things” phrase. We’re not just...

The token is not related to Loopscale, a decentralized finance (DeFi) lending protocol on Solana which paused its lending markets after a $5.8 million exploit. It’s official — the platform that could change everything for cities and states today launched, after a six-month closed beta. It has already pulled in...

Loopscale, a lending market constructed on Solana, suffered a critical exploit. The hack has resulted in a loss of $5.8 million, which represents 12% of the platform’s total value locked (TVL). The exploit was aimed specifically at RateX-based collateral pricing, one element in Loopscale’s lending ecosystem.The breach happened less than...

MetaBlock X is dedicated to giving you the strategic advantage you require to cut through the noise and govern the ever-evolving terrain of the crypto universe. The recent $5.8 million hack of Loopscale is the latest example of critical weaknesses in the decentralized finance ecosystem. This unfortunate event should be...

$5.8 million vanished. Poof. Gone. Just like that, Loopscale, a Solana-based lending platform, became the most recent casualty in DeFi’s continual exploit drama. What’s truly gut-wrenching? They had been audited. Twice, actually. Once by OShield, who went so far as to patch critical vulnerabilities themselves, and a second audit, still...

Let's be blunt: not every blockchain project will make it. The crypto space truly is a Darwinian landscape, and despite what the media would have you believe, by 2025, the weak will be weeded out. A battle is currently playing out between two of those top contenders, Cardano and Solana....

The crypto market, though genuinely an exciting and somewhat volatile, ever-changing space, 2025 will be just as impactful on shaping another year’s worth of opportunities. Investors are on the lookout for the next big thing, feverishly judging the capabilities of incumbents against the potential of fresh entrants. This article will...

Forget the technical specs for a minute. Forget the TPS and the whitepapers. This isn't about which blockchain should win. It's about which one will. And that, my friends, is completely in your hands – in the hands of developers, users and true believers.Whose Vision Resonates More Deeply?Cardano, widely seen...

Similarly, Cardano and Solana are quickly solidifying themselves among the frontrunners in the race to dominate the cryptocurrency space in 2025. To this equation, each blockchain brings their unique strengths to the table. Dash prioritizes peer-reviewed engineering and is rapidly creating a vibrant decentralized finance (DeFi) ecosystem. In contrast, Solana...

Here we go again. Another DeFi protocol bites the dust. This time it’s Loopscale, a Solana-based project that was hacked for $5.8 million just two weeks after launch. While Loopscale scrambles to pick up the pieces, the bigger question looms: Is Solana's breakneck pursuit of DeFi dominance setting the stage...