Loopscale Uncovers Perpetrator Behind April Cyberattack

Loopscale has published a final update regarding the cyberattack that took place on April 26th. Working closely with law enforcement, the perpetrator’s identity has been determined. The protocol is now sharing crucial insights and preventative measures with other lending protocols to foster greater security within the ecosystem. The investigation has come to its conclusion, and the company will focus its energy on strengthening security mechanisms and building for a robust future in on-chain lending.