Wu Shuo learned that Solana ecosystem lending protocol Loopscale announced it plans to resume withdrawals at 10:00 AM Eastern Time on May 9 (10:00 PM Beijing Time on May 9). Although the protocol update patch has completed auditing, there will initially be withdrawal limits for each user within a 24-hour period: SOL deposit users can withdraw up to 2,500 SOL every 24 hours; USDC and USDG users can withdraw up to 500,000 USDC/USDG every 24 hours; jitoSOL users can withdraw up to 500 jitoSOL every 24 hours. Previously, Loopscale was hacked due to a security vulnerability, resulting in the theft of approximately 5.70 million USDC and 1,200 SOL. After negotiations with the hacker, all lost funds have been fully recovered.

USDC

Wu Shuo learned that Solana ecosystem lending protocol Loopscale announced it plans to resume withdrawals at 10:00 AM Eastern Time on May 9 (22:00 Beijing Time on May 9). Although the protocol update patch has passed the audit, there will initially be withdrawal limits for each user within a 24-hour period: SOL deposit users can withdraw up to 2,500 SOL every 24 hours; USDC and USDG users can withdraw up to 500,000 USDC/USDG every 24 hours; jitoSOL users can withdraw up to 500 jitoSOL every 24 hours. Previously, Loopscale was hacked due to a security vulnerability, resulting in the theft of approximately 5.70 million USDC and 1,200 SOL. After negotiations with the hacker, all lost funds have been fully recovered.

Loopscale will resume withdrawals tomorrow night.