Loopscale Partly Restores Loan Functions, Keeps Vault Withdrawals Frozen

Key points

• Solana-based lending protocol Loopscale has partially reactivated its loan features following a security incident.
• While certain platform capabilities are operational again, vault withdrawals stay paused.
• Additionally, both repayments and collateral withdrawals for loans funded through the USDC Genesis pool remain disabled as the team investigates details surrounding two distinct attack vectors used by the attacker.

Summarized automatically by Kryptokite from reporting by The Defiant. Read the original sources for full detail.