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Loopscale halts Solana protocol after surge in attacks on SOL and USDC vaults, no user losses reported.

Market News
06 Nov 2026, 17:55 WIB
Tokenpost
View Source
Bearish
Loopscale halts Solana protocol after surge in attacks on SOL and USDC vaults, no user losses reported.

Loopscale paused its Solana protocol following a week of intense, skilled attacks targeting vaults holding Solana (SOL) and USD Coin (USDC). The protocol's API faced over 30,000 malicious requests daily, focusing on Genesis Vaults for SOL and USDC. Despite the attacks, user deposits remained safe as affected vaults were replenished. Loopscale is currently reviewing the attack's full impact and enhancing security before fully resuming normal operations, with plans to soon reopen the protocol interface and restore repayment functions to prevent liquidations.

Following the recent security issues with Solana's protocol, SOL trades at Rp1.636.228 on Pluang as of Nov 06, 2026 23:03 WIB, showing a slight 0.24% decline over one day. This price sits within its typical trading range, supported by a market cap of Rp963,33T and a 24-hour volume of Rp64,3T. Pluang users show a balanced sentiment with 52% selling and 48% buying, holding SOL for an average of 72 days, indicating steady engagement despite the protocol's temporary pause.

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