{"id":665651,"date":"2025-04-26T23:50:39","date_gmt":"2025-04-26T20:50:39","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/solanas-loopscale-pauses-lending-after-5-8m-hack\/"},"modified":"2025-04-26T23:50:39","modified_gmt":"2025-04-26T20:50:39","slug":"solanas-loopscale-pauses-lending-after-5-8m-hack","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/solanas-loopscale-pauses-lending-after-5-8m-hack\/","title":{"rendered":"Solana's Loopscale pauses lending after $5.8M hack"},"content":{"rendered":"

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The lost funds represent about 12% of Loopscale’s total value locked (TVL), according to the DeFi lending protocol’s co-founder.<\/p>\n

Solana decentralized finance (DeFi) protocol Loopscale has temporarily halted its lending markets after suffering an app<\/a>roximately $5.8 million exploit.\u00a0<\/p>\n

On April 26, a hacker siphoned approximately 5.7 million USDC (USDC) and 1200 Solana (SOL) from the lending protocol after taking out a \u201cseries<\/a> of undercollateralized loans\u201d, Loopscale co-founder Mary Gooneratne said<\/a> in an X post.\u00a0<\/p>\n

The exploit only impacted Loopscale\u2019s USDC and SOL vaults and the losses represent around 12% of Loopscale\u2019s total value locked (TVL), Gooneratne added.\u00a0<\/p>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The lost funds represent about 12% of Loopscale’s total value locked (TVL), according to the DeFi lending protocol’s co-founder. Solana decentralized finance (DeFi) protocol Loopscale has temporarily halted its lending markets after suffering an approximately $5.8 million exploit.\u00a0 On April 26, a hacker siphoned approximately 5.7 million USDC (USDC) and 1200 Solana (SOL) from the…<\/p>\n","protected":false},"author":1,"featured_media":665652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-04\/01967369-30e0-7dd3-953b-e13cbefe21b1","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74894,74863,74860,74868,74882,77595,74355,117,70375,70944,73785,70934],"class_list":["post-665651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-blockchain","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-defi","tag-hacks","tag-lending","tag-adoption","tag-business","tag-cybersecurity","tag-hackers","tag-markets","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/665651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=665651"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/665651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/665652"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=665651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=665651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=665651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}