Scroll users were overcharged more than $50,000 in fees due to the team's manual adjustment of the rate parameters
According to L2BEAT analysis, users of the Ethereum Layer 2 network Scroll were overcharged more than $50,000 in transaction fees within about four days last week. The reason is that the Scroll team manually adjusted two rate multipliers in their Gas price oracle six times within six days, increasing each by 2 to 10 times, cumulatively raising the L1 data cost parameter to 1,280 times the original benchmark.
Approximately 139,000 affected transactions originally had a total cost of only about $280, but were actually charged over $50,000, with automated bots accounting for the vast majority. L2BEAT pointed out that the overcharging was not an issue with the sequencer, but rather stemmed from the team's multiplier adjustments executed through a multi-signature wallet. This incident has raised questions about whether Scroll had previously subsidized users with rates below cost to maintain activity. According to DeFiLlama data, Scroll currently has a TVL of only $24 million, down 96% from its peak of $585 million in October 2024. As of the time of publication, Scroll has not publicly responded.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Ondo Intelligent Portfolios Launches on Solana, Supporting Transparent Holdings and Automated Rebalancing

Polygon Labs brings Open Money Stack to Solana for payments

zkLink Nova Contract Under Attack, Offering 20% White Hat Bounty

Cardano Foundation joins Swiss group to support tokenized shares

Mastercard Launches Stablecoin Payment Risk Management Service

DTCC Tokenization Service Launches With 34 Securities: Why 20 Wall Street Firms Matter

Does Ethereum's $2,300 support risk giving way with the withdrawal of U.S. investors?

Ethereum clients patch flaw that could redirect ETH rewards

AI Investment Risks: 80% of Funds Allocated to Top 6 Coins

Moody's Assigns A2 Rating to Ripple's $2.6 Billion Stablecoin 'RLUSD'

Ethereum EIP-8450 Proposal Update Introduces Quantum-Resistant Public Key Registration Mechanism

CF Benchmarks Debuts Onchain Oracle for Institutional Crypto Price Indices

Itaú Unibanco in Brazil Files for Trading and Custody Services for 15 Cryptocurrencies Including XRP

Another Privacy Chain! What Makes Miden Different This Time?

Ripple is heading for its best year ever while XRP faces its worst since 2022

Diva Staking Announces Gradual Shutdown, Funds Expected to Run Out by 2024

Ethereum Researchers Explore Transaction Assertions to Reduce Signing Risks

USDT holder loses $50K in Ethereum address-poisoning attack

Teku and Besu release security fixes after eMudhra certificate compromise

DeFi Debate in the Dogecoin Community Intensifies

Blockchain Attestation: Signer Does Not Prove

Google previews crypto custody security system ahead of 2027 launch

Google Launches Google Multi-Party Compute Security Service to Address AI Threats

Itaú Unibanco Reports Crypto Trading and Custody Business to the Central Bank of Brazil

Ethereum’s $3 billion blockspace bet hinges on who gets to produce the next block

Securitize Supports Stellar Network, Expanding Tokenized Asset Management

Ethereum Foundation Supports Development of Kohaku Privacy Tool

90% of RWA on XRP Ledger Remain Uncirculated, Evernorth Analysis Shows 86% Dollar-denominated Transactions, Lending Function Awaiting Approval

Ethereum Spot ETF Sees Net Outflow of $60.2178 Million Yesterday










