Loopscale, a decentralized finance protocol on the Solana network, suspended its operations after facing a significant security breach involving sustained API attacks and a collateral-pricing exploit in its Genesis Vaults. Over the past week, Loopscale reported more than 30,000 malicious API requests daily, attributing these to a sophisticated attack campaign. The protocol responded by halting all services to contain the threat and initiated an internal investigation into the security incident.