DeFi protocol Loopscale suspends operations after weeklong attack campaign

The Solana lending protocol says no user deposits were lost and affected vaults were made whole after a week of malicious probing Loopscale has hit the brakes. The Solana -based lending protocol paused all activity after what it described as a sustained, sophisticated attack campaign aimed at its SOL and USDC Genesis Vaults. No user deposits were lost, and the affected vaults were made whole. The pause was announced on November 5, 2026. Loopscale framed it as a precautionary move rather than a reaction to a completed breach. The attack campaign involved more than 30,000 malicious API requests per day over the prior week. Those requests targeted the protocol’s SOL and USDC Genesis Vaults. Loopscale says it is now working with federal law enforcement.

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