Wire · opportunities
Loopscale Pauses Solana Lending After Week of Attacks on Its Vaults
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Fusion42 · 5 November 2026 · Fusion42 review
Loopscale has paused all lending and borrowing on its Solana-based protocol after a week of over 30,000 daily malicious API requests targeting its SOL and USDC Genesis Vaults, though no user funds were lost. The team is cooperating with law enforcement while investigating, with operations suspended until the attack scope is fully understood and new protections are implemented.
This Wire brief sits within Fusion42's coverage of Crypto & Web3.
◆ ◆ The Wire takeaway
Your DeFi protocol faces a sudden threat even without fund loss as abuse targets core vaults. Lock down APIs now and gear up for regulatory and security scrutiny to protect your users and avoid operational halts.
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1 source · 5 Nov 2026
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