Solana-Based DeFi Protocol Loopscale Hit by $5.8M Exploit
Loopscale, a decentralized finance (DeFi) protocol on Solana, lost $5.8 million to an exploit this past weekend. The exploit was detected on April 26, just a couple weeks after project’s launch on April 10. Loopscale, which is the successor to Bridgesplit, initially as NFT-based yield products.Attackers exploited a vulnerability in...