Loopring, the Ethereum Layer 2 protocol, said in a post on social media that it is working with SlowMist and other security experts and related agencies to continue investigating the smart wallet security bugs. Loopring will update the community as soon as more information is available to share. Security and user protection remain Loopring's top priorities. According to previous reports, Loopring said that some smart wallets were compromised and are working with law enforcement and security teams to track down the attackers.