@dawninternet
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Loopscale paused its protocol after an escalating attack campaign targeted its SOL and USDC Genesis Vaults, and reports that affected vaults have been made whole with no loss to user deposits.View quoted post on X
Loopscale is our Vault infrastructure partner, but Tokenization Infrastructure Vaults were not impacted. We have paused staking sUSD.infra and loans until an all clear has been issued out of extra precaution.
No funds are at risk and no action is required. USD.infra deposits are available as usual.
We will notify you as soon as this is resolved.
x.com/Loopscale/stat…
Over the past week, Loopscale has been targeted in a sustained campaign by a sophisticated actor, with the protocol APIs receiving more than 30,000 malicious requests per day. All deposited user funds are secured.View quoted post on X
Earlier, our security systems detected a significant escalation in the campaign, and we promptly acted to pause protocol activity to mitigate impact. The attack attempts targeted the SOL and USDC Genesis Vaults. Affected vaults have been made whole and no user deposits have incurred a loss.
The protocol will not resume normal operations until we have established the complete scope of the campaign and implemented further security hardening. We will be re-enabling the protocol interface shortly and are working to resume repayment functionality as soon as possible to mitigate unforeseen liquidations.
The following addresses have been identified in connection with this activity:
247Lk5YNH9URfBBvxVUtDruz8GvGX8gKGuYHVCZThpiR
AzPh2dUV3duK9n8PWV6CxKMwWr9Rk7fxPNBZuv1CiwMr
0xb8959Aca4e4C796A3BaDA66833eAe60b1BC0bfb2
0xB7Ec7eF24FD73f3000C651CA9D0Fa45b61DcF854
We are actively engaged with federal law enforcement and security professionals. Protecting user funds remains our highest priority, and we will continue to share relevant information and material updates as they become available.
