scroll Archives - Top Crypto Game https://topcryptogame.com/tag/scroll/ The latest crypto news! Sat, 20 Jul 2024 02:15:11 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://topcryptogame.com/wp-content/uploads/2022/01/cropped-favicon-32x32.png scroll Archives - Top Crypto Game https://topcryptogame.com/tag/scroll/ 32 32 Ethereum Layer 2 Scroll halts chain finalization after Rho Markets suffers $7.6M breach https://topcryptogame.com/ethereum-layer-2-scroll-halts-chain-finalization-after-rho-markets-suffers-7-6m-breach/ https://topcryptogame.com/ethereum-layer-2-scroll-halts-chain-finalization-after-rho-markets-suffers-7-6m-breach/#respond Sat, 20 Jul 2024 02:15:11 +0000 https://topcryptogame.com/ethereum-layer-2-scroll-halts-chain-finalization-after-rho-markets-suffers-7-6m-breach/ Ethereum layer-2 network Scroll has delayed its chain finalization due to a potentially exploitable bug within its ecosystem. On July 19, Rho Markets, a lending protocol on the blockchain, detected unusual activity and suspended operations to investigate. Blockchain security firm Cyvers Alert reported a hack of approximately $7.6 million on Rho Markets’ USDC and USDT […]

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Ethereum layer-2 network Scroll has delayed its chain finalization due to a potentially exploitable bug within its ecosystem.

On July 19, Rho Markets, a lending protocol on the blockchain, detected unusual activity and suspended operations to investigate.

Blockchain security firm Cyvers Alert reported a hack of approximately $7.6 million on Rho Markets’ USDC and USDT pools. The firm stated:

“The root cause of this incident seems to be an oracle access control by a malicious actor!”

According to DeBank’s dashboard, the exploiter’s wallet holds 2,203 ETH worth $7.5 million and other assets like Mantle’s MNT, Binance’s BNB, and Fantom’s FTM tokens.

In response, Scroll Network stated that it was delaying its chain finalization. The project stated:

“After verifying with the Rho Markets team, we initiated a coordinated response. To thoroughly assess the situation, Scroll decided to temporarily delay chain finalization. We confirmed that the exploit was application-specific.”

Meanwhile, Scroll’s decision sparked a debate about the network’s decentralization. Critics argue that delaying the chain contradicts decentralized principles, while supporters believe the move was necessary to protect users’ assets.

Andy, the co-founder of The Rollup, stated:

“Until things are close to being maximally decentralized I think pausing state finalization to prevent user funds being lost is right. Especially an ecosystem project who is trying to innovate. I don’t know what this says about Scroll’s censorship resistance though.”

Whitehat hacker?

Meanwhile, the attacker appears willing to return the stolen funds, leading to speculations that the incident might be a whitehat act.

On-chain messages shared by blockchain investigator ZachXBT show the attacker’s willingness to return the funds. The message reads:

“Hello RHO team, our MEV bot profited from your price oracle misconfiguration. We understand the funds belong to users and are willing to fully return them. But first, we would like you to admit it was a misconfiguration, not an exploit or hack. Also, please explain how you will prevent this from happening again.”

Notably, on-chain data shows the attacker’s address is linked to several centralized crypto exchanges, including Binance, Gate, KuCoin, and OKX.

Mentioned in this article

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]]> https://topcryptogame.com/%f0%9f%94%a5super-early-crypto-millionaire-opportunity-4-unreleased-altcoin-tokens/feed/ 0 3 BIG Crypto Airdrops if You Missed Arbitrum or Aptos https://topcryptogame.com/3-big-crypto-airdrops-if-you-missed-arbitrum-or-aptos/ https://topcryptogame.com/3-big-crypto-airdrops-if-you-missed-arbitrum-or-aptos/#respond Sat, 09 Sep 2023 20:32:11 +0000 https://topcryptogame.com/3-big-crypto-airdrops-if-you-missed-arbitrum-or-aptos/ Airdrops are a great way to get free money. But before you get that free money, you will need to complete tasks on testnets of new projects. We found three new projects that have a high potential for airdrops. So, get active and start testing. Did you know that Bybit is giving out up to […]

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Please do your own due diligence and rating before making any investments and consult your financial advisor. We believe that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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]]> https://topcryptogame.com/3-big-crypto-airdrops-if-you-missed-arbitrum-or-aptos/feed/ 0 Top 3 Crypto Airdrops for Free Money! #shorts https://topcryptogame.com/top-3-crypto-airdrops-for-free-money-shorts/ https://topcryptogame.com/top-3-crypto-airdrops-for-free-money-shorts/#respond Sun, 06 Aug 2023 02:35:21 +0000 https://topcryptogame.com/top-3-crypto-airdrops-for-free-money-shorts/ Top 3 Crypto Airdrops for Free Money! Full Video: ●▬▬▬▬▬▬▬▬Ongoing Offers▬▬▬▬▬▬▬▬▬● Did you know that Bybit is giving out up to $30,000 in bonuses? Just click this link to find out more – Would you like a chance to win a new iPhone 14? Then just fill out this form – BYBIT VIDEO: 💥Altcoin Buzz […]

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●▬▬▬▬▬▬Disclaimer▬▬▬▬▬▬▬●
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Please do your own due diligence and rating before making any investments and consult your financial advisor. We believe that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

Altcoin Buzz may receive a commission, at no extra cost to you, if you click through our links and make a purchase from one of our partners.

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