Loopscale: Law enforcement helped identify the perpetrators behind the vulnerability attack, and the investigation has concluded

Odaily News Modular lending protocol Loopscale released the final update on the hacking incident on the X platform, stating that with the assistance of law enforcement, the person behind the April 26 vulnerability attack has been identified and is currently sharing relevant information with other protocol teams to help prevent similar incidents and support broader ecosystem security. The relevant investigation has now been concluded, and the focus of subsequent work will be shifted back to building and strengthening security. All functions will be restored soon and a new standard will be created for on-chain lending.