PANews reported on July 19 that Rho Markets, a lending protocol officially supported by Scroll, said that it had detected unusual activity on the platform and is currently investigating. During this period, the platform will be temporarily suspended. Most of the funding pools are safe, so there is no need to worry. We will continue to update the progress of the investigation, and the platform functions will be re-enabled when everything returns to normal. Thank you for your understanding and patience.
According to Twitter user @hebi555, Rho Markets suffered an oracle attack, and the USDC and USDT fund pools worth 700 ETH were borrowed out, making it impossible to deposit and withdraw funds.
