Loopscale: Expect Vault withdrawals to resume in the next few days "
The Internet reported that Loopscale released a hacking update on the X platform, which disclosed that the work of re-enabling Vault withdrawals is nearly complete and the withdrawals are expected to be ready in the next few days. Loopscale has previously disclosed that the balance of funds finally recovered is 5,697,102.5 USDC and 1,215 SOL. All Loopscale vaults, including Genesis Vault, are 5,697,102.5 USDC and 1,215 SOL.(SOL, USDC and USDG) and others (jitoSOL and fragSOL) will be bound by 24-hour withdrawal limits per user and per vault, designed to mitigate liquidity shocks and prevent borrowing rates from soaring.
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