Loopscale halts operations after 30,000 daily malicious API requests

Solana-based lending protocol Loopscale has temporarily suspended operations after a week-long campaign of malicious requests targeting its SOL and USDC vaults, although the team says user deposits remain safe. Loopscale temporarily suspended protocol activity after its APIs received more than 30,000 malicious requests per day during a sustained attack campaign over the past week. The attacks targeted the lending protocol's SOL and USDC Genesis vaults, but the team confirmed that affected vaults had been made whole and no users had suffered losses.