Loopscale: A total of 5,697,102.5 USDC and 1,215 SOL have been recovered, and a withdrawal limit of approximately 24 hours is temporarily imposed on the treasury.

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Golden Finance reports that Loopscale has released an update on the hacker attack incident on the X platform, disclosing that the final recovered fund balance is 5,697,102.5 USDC and 1,215 SOL. Due to the attacker converting USDC to SOL at a non-optimal exchange rate, there is a discrepancy of approximately 29,000 USD. The Loopscale team will fully compensate this discrepancy to ensure that all users are reimbursed. In addition, to ensure the security and stability of the protocol, all Loopscale vaults, including the Genesis vault (SOL, USDC, and USDG) and others (jitoSOL and fragSOL), will be subject to a 24-hour withdrawal limit per user and per vault, aimed at mitigating liquidity shocks, preventing borrowing rates from spiking sharply, and providing borrowers with the time needed to repay without triggering avoidable liquidations. Currently, the refinancing feature remains disabled, and will be re-enabled a few days after the protocol stabilizes.

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