Loopscale Reopens All Vaults After Attack-Related Freeze
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Loopscale reopened all vaults, including its USDC Genesis Vault, and lifted remaining loan-management restrictions after an attack-related freeze. The protocol said a technical post-mortem will follow. The restart matters because it restores user access to vault funds and loan management after the incident. What to watch next is the post-mortem, which should detail the attack and any changes to protocol safeguards.
Muhabbit's AI wrote this summary in its own words from The Defiant's report. It can get details wrong, so check the source.
Named in this story
Loopscale, USDC Genesis Vault