Blockchain security firm CertiK’s H1 2025 Hack3d Report finds hackers stole nearly $2.5 billion in 2025’s first six months, ...

Does Solana Need Its Own Michael Saylor and Strategy? originally appeared on TheStreet. For the last five years, Michael Saylor has been synonymous with one of the boldest Bitcoin bets in ...

While USDC’s main smart contracts boast a solid audit trail, incidents where USDC has been lost usually arise from weaknesses in external smart contracts that incorporate USDC (for instance, Pike ...

Loopscale suffers hack, bounty negotiations ongoing On Saturday (April 26), approximately US$5.8 million of USDC and SOL were stolen from the Solana-based DeFi protocol Loopscale.

Decentralized finance platform, Loopscale, suffered a US$5.7 million RateX PT manipulation during the last weekend (April 25-26, 2026). The company has since retrieved more than US$2.8 million in ...

The exploit stemmed from a vulnerability in Loopscale’s pricing mechanism for RateX PT tokens, which allowed the attacker to drain 5.7 million USDC and 1,200 SOL from the USDC usdc-0.01% USDC and ...

Related: Solana whale sits on $153M profit after 4-year staking play “Both Solana and Ethereum play critical roles in the evolving DeFi landscape,” the 1inch representative said.

The hacker responsible for exploiting the Solana-based DeFi protocol Loopscale and stealing $5.8 million is reportedly negotiating to return the stolen funds in exchange for a bounty.

Let’s explore how the Loopscale hacker agreed to return stolen funds after a $5.8 million exploit, highlighting new lessons along with the Solana price bullish trajectory.