DeFi protocol Loopscale has recovered nearly half of the funds stolen during a major exploit over the weekend, as white hat negotiations with the attacker show signs of progress.In an April 29 update posted to X, Loopscale confirmed...
Key Takeaways: Term Finance recovered over $1 million from the $1.6 million loss caused by an oracle misconfiguration. The team will cover the remaining $650,000 loss from the protocol treasury
The post Term Finance Recovers $1 Million After Oracle...
Loopscale and Term Finance suffered security breaches on April 26, losing over $7 million combined.
The post Hackers Steal $7 Million From Loopscale and Term Finance DeFi Protocols appeared first on BeInCrypto.
