Das LRC-Team gibt zu, dass der Hack wahrscheinlich von einem internen Hacker stammte und vor dem zweiten Vorfall monatelang mit Malware infiziert war.

tldr; Loopring experienced a security breach affecting its Smart Wallet users, resulting in asset losses for 58 wallets. The attack involved compromising Loopring’s 2FA server and exploiting vulnerabilities in the wallet’s guardian system. The hacker manipulated accounts to gain control and drain assets. Loopring has since enhanced security measures, including stricter access controls and human oversight for recovery operations. The incident highlights the need for multiple guardians to secure wallets. Loopring is collaborating with security experts and law enforcement to recover lost funds.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

I’m suprised they’re still around tbh

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I sold when they gave all the Loopheads to themselves, they are determined scammers, all of them, and these are hollow apologies. It was blatantly obvious they were not being straight with everyone then.

Just end this dishonest shitcoin yesterday.

Their response to the hack is to pivot to defi. Who would still have faith in this project?