Following a $5.7 million exploit, DeFi protocol Loopscale has successfully recovered $2.8 million. This article dives into the details of the hack, the negotiations with the attacker, the proposed bounty, and the broader implications for DeFi security.
Tag: Hacks
Loopscale Hacker Negotiating Return of $5.8M Stolen Crypto: A Bounty Deal?
Following a $5.8 million hack on April 26, Loopscale is in discussions with the exploiter for the return of stolen USDC and SOL tokens, potentially in exchange for a bounty. Here’s a breakdown of the situation.
Monero (XMR) Price Surge Following Suspected $330M Bitcoin Theft: An In-Depth Analysis
A suspected $330 million Bitcoin theft laundered through Monero (XMR) triggered a 50% price surge. This article explores the incident, the implications for privacy coins, and Monero’s growing adoption.
Solana’s Loopscale Hit by $5.8M Exploit, Lending Paused: A Deep Dive
Loopscale, a Solana-based DeFi lending protocol, temporarily suspends lending operations after a $5.8 million hack. This article examines the details of the exploit, the impact on users, and Loopscale’s response, providing insights into the vulnerability and the broader implications for DeFi security.
KiloEx Compensates Users After $7.5M Hack: Full Details and Analysis
Decentralized exchange KiloEx to compensate users affected by a $7.5 million exploit, detailing compensation plans for traders and stakers. Learn about the exploit, compensation details, and future security measures.