Date: 2025-04-29
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 April 29 update posted to X, Loopscale confirmed that approximately 19,463 Wrapped SOL (WSOL) (worth roughly $2.88 million) have been returned to its wallets since April 28.The first two returns included 10,000 WSOL (~$1.48 million) and 4,463 WSOL (~$660,000), following an earlier recovery of 5,000 WSOL (~$740,000).“Our pursuit of an amicable resolution regarding Saturday’s incident continues to make progress,” the team wrote.Loopscale updating community on negotiations progress. Source: LoopscaleRelated: DeFi platform KiloEx to compensate users impacted by $7...
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