CryptoMedium•5 November 2026•
1 min read
Loopscale Pauses Solana Lending Protocol Following Cyberattacks
Key Facts
1Loopscale paused its Solana lending protocol following an escalation in a week-long attack campaign.
2The protocol stated that affected SOL and USDC Genesis Vaults have been made whole.
Loopscale paused its Solana lending protocol following an escalation in a week-long attack campaign. CoinMarketCap reported that the protocol suspended operations to protect liquidity and investigate security breaches that targeted its systems.
The protocol stated that affected SOL and USDC Genesis Vaults have been made whole to ensure user deposits remain secure. These measures follow a period of persistent malicious activity, and the protocol remains paused while investigations continue to establish the full scope of the campaign and harden security before resuming normal operations.