BlockBeats News, April 28, Loopscale, a modular DeFi lending market built on Solana, posted today that the hacker had replied at 3:52 pm (US Eastern Time) stating that they are willing to return the exploited funds and receive a bounty. The team will share the withdrawal recovery plan and a comprehensive post-incident analysis in the coming days.
BlockBeats previously reported that Loopscale was attacked on April 27 at 12:30 am (Beijing Time). The attack manipulated the RateX PT token pricing function, resulting in approximately 5.7 million USDC and 1200 SOL being stolen, accounting for about 12% of the platform's total funds. Loopscale is willing to offer the hacker a white hat agreement in exchange for 90% of the exploited funds (35,527 SOL).
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.