🚀 Loopscale Hackers Agree to Return Stolen Funds in Exchange for Bounty
#Loopscale #hackers #stolenFunds #bounty #Solana #lendingProtocol #vulnerability #withdrawals #incidentAnalysis #whiteHat #SOL
According to Foresight News, Solana-based lending protocol Loopscale announced that hackers have agreed to return funds exploited due to a vulnerability. The hackers responded at 3:52 PM (Eastern Time) today, expressing willingness to return the stolen assets and receive a bounty. Loopscale plans to share details on resuming withdrawals and a comprehensive post-incident analysis in the coming days.
Previously, Loopscale was targeted by hackers on April 26. Following the attack, Loopscale proposed a white hat bounty offer, suggesting that if the hackers returned 90% of the stolen funds, amounting to 35,527 SOL, they would receive a 10% bounty of 3,947 SOL.#Loopscale #hackers #stolenFunds #bounty #Solana #lendingProtocol #vulnerability #withdrawals #incidentAnalysis #whiteHat #SOL
🚀 ALEX Platform Suspends Activities Amid Malicious Activity Concerns
#ALEXPlatform #DeFi #Stacks #MaliciousActivity #UserSafety #CEX #Suspension #IncidentAnalysis
According to Foresight News, the DeFi protocol ALEX, built on Stacks, has reported malicious activity on its platform. The team is actively working to manage the situation and mitigate further impacts. They are collaborating closely with centralized exchanges (CEX) and have traced some of the stolen funds back to the platform. To ensure user safety, all platform activities have been temporarily suspended. A comprehensive post-incident analysis will be released soon.#ALEXPlatform #DeFi #Stacks #MaliciousActivity #UserSafety #CEX #Suspension #IncidentAnalysis