Loopscale partially restores lending functionality, vault withdrawals still frozen.

Solana lending protocol Loopscale has partially restored borrowing operations, re-enabling collateral top-ups on all loans and repayments on all loans except those funded by its USDC Genesis vault, though vault withdrawals and other functions remain frozen. The protocol said it contained two attack vectors: a misconfigured pricing parameter that let an attacker extract roughly $412,000 in undercollateralized loans from the SOL Genesis vault, and a second path in which ultra-high-interest loans inflated the USDC Genesis vault's net asset value to enable about $521,000 in disproportionate redemptions, which the system blocked within 30 seconds of transaction generation. Loopscale said user deposits are not at risk, but full operations will resume only after the complete scope of the attack is established and security is tightened.