Loopscale: Experienced continuous attacks over the past week, has suspended protocol activities and replenished the affected treasury

The Solana-based lending protocol Loopscale stated that it has been continuously targeted by attackers over the past week, with the protocol's API receiving more than 30,000 malicious requests daily, but all user funds deposited are currently safe.

After the security system detected a significant escalation in the attacks, the team quickly suspended protocol activities to mitigate the impact. The attack attempts primarily targeted the SOL and USDC Genesis Vaults, and the related vaults have been replenished, with no losses reported for user deposits.

Loopscale stated that it will not resume normal operations until the scope of the attack is fully clarified and further security enhancements are completed. The protocol interface will be reopened soon, and the repayment function will be restored as quickly as possible to reduce the risk of unexpected liquidations. The team has disclosed four associated addresses and stated that it is working with federal law enforcement and security professionals, and will continue to release important updates.