On April 29, Loopscale posted the latest update on the security incident on the X platform, stating that they are seeking a friendly resolution and that progress is going smoothly. In terms of fund recovery, as of 14:19 Beijing time yesterday, approximately 10,000 WSOL (about 1.48 million USD) had been returned to the Loopscale wallet; at 3:14 AM today, another 4,463 WSOL (about 660 thousand USD) was returned. Additionally, 5,000 WSOL (about 740 thousand USD) was returned yesterday.

PANews reported on April 29 that Loopscale released an update on the X platform regarding the security incident, saying that it is seeking a friendly solution to the incident on Saturday and is currently progressing smoothly. Fund recovery: At 14:19 Beijing time yesterday, about 10,000 WSOL (about 1.48 million US dollars) were returned to the Loopscale wallet; at 3:14 am Beijing time today, another 4,463 WSOL (about 660,000 US dollars) were returned. In addition, 5,000 WSOL (about 740,000 US dollars) were returned yesterday.

Latest Development in the Loopscale Security Incident: A Total of 19,200 WSOL Recovered