The previously stolen lending agreement Loopscale will resume withdrawals tomorrow night
Odaily News The Solana ecological lending protocol Loopscale, which was previously hacked, officially announced that it plans to resume withdrawals at 10:00 EST on May 9 (22:00 BJT on May 9). Although the protocol update patch has been audited, the 24-hour withdrawal amount for each user will still be limited in the initial stage: SOL deposit users can withdraw up to 2,500 SOL every 24 hours, USDC and USDG users can withdraw up to 500,000 USDC/USDG every 24 hours, and jitoSOL users can withdraw up to 500 jitoSOL every 24 hours.
According to previous news, Loopscale was hacked due to a security vulnerability last month, and about 5.7 million USDC and 1,200 SOL were stolen. After negotiations with the hackers, all the lost funds have been recovered.
