On April 28, Loopscale, a modular DeFi loan market built on Solana, issued a statement saying that the hackers had responded at 3:52 p.m. (ET) today that they were willing to return exploited funds and receive bounties. The team will share plans to recover withdrawals and a comprehensive post-hoc analysis in the coming days.
Previously, Loopscale was attacked at 0:30 am on the 27th (Beijing time). Because the RateX PT token pricing function was manipulated, about 5.7 million USDC and 1,200 SOLs were stolen, accounting for about 12% of the platform's total funds. Loopscale is willing to provide hackers with a white hat deal in exchange for 90% of the capital being exploited (35,527 SOL).
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