Solana-Based Loopscale Hit by Attack, No Deposit Losses Reported

TL;DR: The lending protocol Loopscale temporarily suspended all operations on November 5 after detecting a coordinated campaign of API attacks. The platform’s infrastructure received more than 30,000 malicious requests per day specifically targeting its SOL and USDC Genesis Vaults. The technical team confirmed that no deposit losses were recorded for users and that the impacted vaults were fully restored. This Thursday, November 5, the decentralized lending protocol Loopscale , developed on the Solana network, suspended its operations. An offensive against its main vaults prompted this decision. Over the past week, Loopscale has been targeted in a sustained campaign by a sophisticated actor, with the protocol APIs receiving more than 30,000 malicious requests per day. All deposited user funds are secured.

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