Loopscale: Under sustained attack over the past week; protocol activities suspended and affected vaults replenished

Loopscale—a lending protocol on Solana—has announced it has been under sustained, targeted attacks over the past seven days, with its API receiving more than 30,000 malicious requests per day. Fortunately, all user deposits remain secure. Upon detecting a significant escalation in attack intensity, the team immediately paused all protocol operations to minimize potential impact. The attack primarily targeted the SOL and USDC Genesis Vaults; those vaults have since been fully replenished, and no user funds were lost. Loopscale confirmed that the protocol will remain suspended until the full scope of the attack is understood and a new round of security enhancements is completed. The user interface is expected to relaunch shortly, and the repayment function will be restored as soon as possible to prevent unexpected liquidations caused by delayed repayments. The team has publicly disclosed four associated addresses involved in the incident and is conducting a joint investigation with U.S. federal law enforcement agencies and cybersecurity experts. Key updates will be shared with the community as they become available.