Loopscale: Stolen Funds Protocol Fully Recovered, User Assets Unaffected

BlockBeats News, April 29th, Loopscale announced that, following successful negotiations with the hacker, all funds taken in the Loopscale hack on April 26th (including 5,726,725 USDC and 1,211 SOL) have now been fully recovered. During this incident, user deposits did not suffer any losses. More details (including information on the treasury withdrawal) will be announced later.