Loopscale: The investigation into the hacker attack has been concluded, and law enforcement agencies are assisting in identifying the mastermind behind it

Loopscale, a modular lending protocol, has released a final update on the X platform regarding a hacker attack, stating that with the assistance of law enforcement, the mastermind behind the April 26th vulnerability attack has been identified. Currently, relevant information is being shared with other protocol teams to help prevent similar incidents and support broader ecosystem security. The relevant investigation has now ended, and the focus of subsequent work will shift back to building and strengthening security guarantees. All functions will soon be restored and new standards will be created for on chain lending.