Blockchain

Loopscale Partly Restores Loan Functions, Keeps Vault Withdrawals Frozen

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 06/11/2026, 00:42:24 UTC.

Briefings

A Solana lending protocol named Loopscale partially restored loan functions by allowing repayments and collateral withdrawals for Genesis-funded USDC loans, while maintaining a frozen vault. The protocol's developer, The Defiant, identified two attack paths that previously disabled these functions. This update occurred after a period of inactivity where the protocol was inaccessible to users.

Key points

• Loopscale allows repayments and collateral withdrawals for Genesis-funded USDC loans on Solana.
• The protocol remains inaccessible to users until further updates are released by The Defiant.

Context

Loopscale is a Solana lending protocol where users can borrow and lend USDC. The Defiant, the protocol's developer, released an update to restore functionality after a period of inactivity.

Limitations

The evidence is limited to a single article snippet from November 2026. It does not provide details on the specific attack paths, the timeline of the freeze, or the impact on user funds beyond the stated restoration of functions.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 06/11/2026, 01:09:03 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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