Loopscale: Loan repayments, top-ups, and revolving loan closures have been re-enabled

Loopscale, Solana's on-chain lending protocol, was attacked today, resulting in the theft of about 5.70 million USDC and 1200 SOL. The protocol released an event update on the X platform. Loan repayment, recharge and revolving loan closure functions have been re-enabled. Other application functions (including Vault withdrawal) are still temporarily limited. It is still investigating and ensuring that this vulnerability is mitigated. Loopscale added that the root cause of this vulnerability has been determined to be an independent issue of collateral pricing based on RateX, and RateX itself has nothing to do with it. Loss in capital only affects depositors of SOL and USDC Genesis Vault. A full technical post-mortem analysis will be released later.