TechFlow reports, on July 19, Rho Markets, a lending platform in the Scroll ecosystem, announced on X that abnormal activity had been detected on its platform and an investigation is currently underway. The platform will be temporarily suspended during this period. Most of the liquidity pools remain safe and users need not worry. Updates regarding the investigation will be shared with the community promptly. Platform functionality will resume once normal operations are restored.
According to Twitter user @hebi555, Rho Markets suffered an oracle attack, resulting in the complete draining of USDC and USDT liquidity pools worth 700 ETH, rendering deposits and withdrawals impossible.
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