Loopscale recovers $2.8M after weekend DeFi hack and bounty talks
Loopscale fell victim to a $5.7 million exploit after attackers manipulated its RateX PT token pricing, draining funds from its USDC and SOL vaults. DeFi protocol Loopscale has recovered nearly half of the funds stolen during a major exploit over the weekend, as white hat negotiations with the attacker show signs of progress. In an…