Modular lending protocol Loopscale has concluded its investigation into the cybersecurity breach that occurred on April 26th, as detailed in an update shared by Odaily via X (formerly Twitter). The investigation revealed the identification of the perpetrator responsible for exploiting the vulnerability. Loopscale is now working alongside law enforcement to share crucial insights with other protocols, contributing to enhanced ecosystem security and prevention of future incidents. The investigation has reached its conclusion, and resources will now be directed towards strengthening existing security measures. Loopscale aims to restore all functionality shortly and establish new benchmarks for on-chain lending practices in the process.