Odaily Planet Daily reports that the modular lending protocol Loopscale has released a final update on the hacking incident on the X platform. The update states that, with the assistance of law enforcement agencies, the perpetrators behind the vulnerability attack on April 26 have been identified. Currently, relevant information is being shared with other protocol teams to help prevent similar incidents and support broader ecosystem security. The related investigation has now concluded, and the subsequent focus will shift back to building and strengthening security measures. All functions will be restored soon, aiming to establish new standards for on-chain lending.

Odaily Planet Daily reports that the modular lending protocol Loopscale has published a final update on the hacking incident on the X platform. It stated that with the assistance of law enforcement agencies, the perpetrators behind the vulnerability attack on April 26 have been identified. Loopscale is 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 subsequent focus will shift back to building and strengthening security measures. All functions will be restored soon to establish new standards for on-chain lending.

Loopscale: Law enforcement agencies assist in identifying the mastermind behind the vulnerability attack; the incident investigation has concluded.