The Internet reported that Loopscale released a post-event report on the hacking attack, revealing that hackers used a loophole in the pricing logic of the protocol to cause the unauthorized outflow of 5,726,724.97 USDC and 1,211.4 SOL from the USDC and SOL Genesis vault. All funds have been recovered. Loopscale added that it will launch the re-activation of the full agreement function in phases, the refinancing function will be restarted soon, the grace period will be extended by three days, providing borrowers with the opportunity to repay or close their positions, and advising borrowers to monitor positions in case interest rates change or liquidity tightening. In addition, Vault or Advanced Lend depositors will receive a 12-fold point increase on their balances between April 26 and June 7.