Loopscale Two-Week-Old Drain
Solana's Loopscale lost $5.8M 16 days post-launch via RateX PT token oracle manipulation enabling undercollateralized loans. All funds returned for 10% bounty.
Loss
5.8M
USD
An archive of cryptocurrency security incidents — hacks, exploits, bridge failures and rug pulls, documented with on-chain evidence.
Solana's Loopscale lost $5.8M 16 days post-launch via RateX PT token oracle manipulation enabling undercollateralized loans. All funds returned for 10% bounty.
Avraham Eisenberg pumped the MNGO oracle 2,300% in 10 minutes, borrowed $117M against the inflated collateral, and walked — reframing on-chain manipulation law.
A $10M USDC flash loan inflated Nirvana's ANA token 4x against its own oracle; the attacker swapped ANA for $13.49M USDT and the NIRV stablecoin depegged 90%.