PANews reported on April 29 that Loopscale released an update on the X platform regarding the security incident, saying that it is seeking a friendly solution to the incident on Saturday and is currently progressing smoothly. Fund recovery: At 14:19 Beijing time yesterday, about 10,000 WSOL (about 1.48 million US dollars) were returned to the Loopscale wallet; at 3:14 am Beijing time today, another 4,463 WSOL (about 660,000 US dollars) were returned. In addition, 5,000 WSOL (about 740,000 US dollars) were returned yesterday.