📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
Loopscale was attacked, approximately 5.7 million USDC and 1,200 SOL were stolen.
According to Wu, the modular DeFi lending market Loopscale built on Solana was attacked today at 11:30 AM EST, as the RateX PT token pricing function was manipulated, resulting in approximately 5.7 million USDC and 1,200 SOL being stolen, accounting for about 12% of the platform's total funds. All markets have been suspended, and the team is working on restoring repayment functions to avoid unexpected liquidation, collaborating with law enforcement, security teams, and investors to recover the funds. A detailed incident analysis report will be released later.