Loopscale: Law Enforcement Assists in Identifying Culprits Behind Vulnerability Attack, Investigation Concluded

The modular lending protocol Loopscale has released the final update on the hacking incident on platform X, stating that with the assistance of law enforcement, the perpetrator behind the April 26 vulnerability attack has been identified. They are currently sharing relevant information with other protocol teams to help prevent similar incidents and support broader ecosystem security. The related investigation has now concluded, and the focus will shift back to building and strengthening security measures. All functions will soon be restored, setting a new standard for on-chain lending.