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πŸš€ Scroll Announces First Airdrop: 7% of Total SCR Supply to Be Distributed, Claiming Begins on October 22

According to Odaily Planet Daily, Scroll announced in its official blog the launch of its first airdrop, allocating 7% of the total SCR supply. The main categories of contributors eligible for this airdrop include:Community Airdrop: Participants who contributed through on-chain activities.Ecosystem Projects: Projects built on Scroll, with a focus on growth and innovation.Industry Contributors: Technical contributors supporting the broader Ethereum ecosystem, including ZK researchers, open-source developers, public goods organizations, and educational data providers.Global Community: Global community organizers, hackathon winners, Road to DevCon participants, and Ethereum translators who support Scroll's mission.Scroll Airdrop Details:Snapshot: The snapshot for evaluating eligibility for the Scroll First Airdrop was taken at 00:00 UTC on October 19, 2024.Claiming Begins: Eligible recipients can start claiming their airdrop from 07:00 UTC on October 22, 2024.How to Claim: Users should visit the official airdrop claim page. This page will remain password-protected until the claiming process officially begins.Claiming Period: The first Scroll airdrop will be open for 90 days.

#Scroll #Airdrop #SCR #Ethereum #Community #Ecosystem #GlobalCommunity #Claiming #Blockchain #ZKResearch
πŸš€ πŸ”₯ Scroll (SCR) Listing Postponed to 09:00 UTC on October 22, 2024 πŸ”₯

According to Binance announcement: The trading start time for Scroll (SCR) has been rescheduled from its original slot at 08:00 (UTC) to a new start time of 09:00 (UTC) on October 22, 2024. 

#Scroll #SCR #Binance #trading #postponed #October22 #2024
πŸš€ πŸ”₯ Binance to Add Scroll (SCR) on Earn, Buy Crypto, Convert, Margin & Futures πŸ”₯

Binance has announced the addition of Scroll (SCR) to its platform across several services, including Earn, Buy Crypto, Convert, Margin, and Futures. Users will be able to engage with Scroll (SCR) in these services, enhancing trading and investment options for the cryptocurrency.

#Binance #Scroll #SCR #Earn #BuyCrypto #Convert #Margin #Futures #Cryptocurrency #Trading #Investment
πŸš€ πŸ”₯ Scroll (SCR) Launches at 1.94 USDT, Now Trading at 1.268 USDT on Binance πŸ”₯

According to market data from Binance, Scroll (SCR) made its debut at 1.94 USDT but has since seen a drop and is currently trading at 1.268 USDT.

#Scroll #SCR #Binance #cryptotrading #cryptomarket
πŸš€ Essence Finance Suspected Of Rug Pull As Stablecoin CHI Plummets

According to PANews, Essence Finance, a stablecoin project within the Scroll ecosystem, is suspected of executing a rug pull. Over the past six hours, the stablecoin CHI has experienced a dramatic decline of 93.94%, dropping to $0.06. It is suspected that collateral worth over $20 million has been removed. The last tweet from the official Twitter account was posted on September 11.

#EssenceFinance #rugpull #stablecoin #CHI #Scroll #crypto #PANews #finance
πŸš€ Blockchain Investigator Prioritizes Supportive Ecosystems

According to Foresight News, blockchain investigator ZachXBT has announced that he will not offer free assistance to blockchain ecosystems that do not actively support his work. This includes platforms such as Arbitrum, Cosmos, zkSync, Aptos, Sui, and Scroll. Instead, ZachXBT will focus his efforts on chains that contribute to and fund public goods, specifically mentioning Solana, Ethereum, Bitcoin, and OP/Stark as those he will continue to support.

ZachXBT explained that the decision comes in response to the overwhelming number of scam reports he receives, which exceed 1,000 requests each month. By concentrating his efforts on ecosystems that give back to the community and support public goods, he aims to make a more significant impact. This approach allows him to allocate his time and resources more effectively, ensuring that his work benefits those who contribute to the broader blockchain community.


#Blockchain #ZachXBT #PublicGoods #SupportEcosystems #ScamReports #Solana #Ethereum #Bitcoin #Arbitrum #Cosmos #zkSync #Aptos #Sui #Scroll #OP #Stark #SOL #ETH #BTC
πŸš€ Scroll Plans April Upgrade to Stage 1 ZK-Rollup

According to PANews, Scroll announced on the X platform that it plans to upgrade to Stage 1 ZK-Rollup in April this year. This phase will support forced transactions, permissionless transaction submissions, and complete zkEVM proofs. Additionally, a security committee composed of industry experts will be established.

Previously, Ethereum co-founder Vitalik Buterin expressed his anticipation for more Layer 2 solutions to advance to Stage 1. He noted on the Fellowship of Ethereum Magicians message board that Stage 0 networks, which refer to themselves as Layer 2 or 'Rollup,' publish compressed versions of all transactions to Ethereum. In Stage 1, Ethereum's network smart contracts will include fraud-proof or validity-proof schemes to prevent developers from publishing invalid state roots. If developers attempt to fraudulently withdraw funds not belonging to them or block users from making legitimate withdrawals, such transactions would typically fail.


#Scroll #ZK_Rollup #Ethereum #Layer2 #zkEVM #VitalikButerin #smartcontracts #securitycommittee
πŸš€ Scroll Faces Security Vulnerability Impacting Over $100 Million in TVL

According to Foresight News, Pavel Shabarkin has revealed a security vulnerability in Scroll that could lead to indefinite reorganization of the Scroll L2, potentially halting the chain's operations and affecting over $100 million in Total Value Locked (TVL). Shabarkin initially reported this critical issue on February 17, but claims that Scroll downplayed its severity and categorized it as a known issue.

Shabarkin requested an investigation and intervention from Immunefi, a platform for bug bounties and security services, but alleges that Scroll's response was inadequate. As a result, Shabarkin publicly disclosed the issue to highlight Scroll's poor handling of security, unfair resolution processes, and unsatisfactory attitude towards white-hat hackers.

LinkedIn information indicates that Pavel Shabarkin is currently a Senior Blockchain Security Engineer at Quantstamp, a blockchain security company.


#Scroll #SecurityVulnerability #BlockchainSecurity #TotalValueLocked #TVL #BugBounty #Immunefi #PavelShabarkin #Quantstamp #WhiteHatHackers
πŸš€ Aave Community Proposes Risk Parameter Adjustments for V3 Scroll

According to Foresight News, the Aave community has introduced a proposal titled 'Aave V3 Scroll Instance Risk Parameter Adjustment.' The proposal suggests immediate modifications to the risk parameters of all assets within the Aave V3 Scroll instance. This initiative aims to mitigate potential risks arising from ongoing governance instability within the Scroll ecosystem.

The proposal focuses on increasing the reserve factor (RF) for all assets and implementing conservative reductions in borrowing limits. These measures are intended to safeguard the Aave protocol and its users from potential vulnerabilities. The community's proactive approach highlights its commitment to maintaining stability and security within the ecosystem.


#Aave #V3 #Scroll #RiskParameters #ReserveFactor #BorrowingLimits #Governance #Stability #DeFi
πŸš€ Scroll DAO Implements Governance Reforms to Enhance Growth

According to PANews, Ethereum Layer 2 network Scroll has announced updates regarding the evolution of its DAO, stating that it will not dissolve the DAO but rather improve it to accommodate rapid growth. These changes are designed to avoid protocol-level risks, ensuring user funds remain secure. The governance reform aims to create a DAO environment that aligns more closely with Scroll's vision, based on clear authorization.

Key structural changes proposed for the DAO include: 1. Foundation oversight with operational autonomy, where the DAO will report to the foundation; 2. Strategic resource allocation, with DAO funds determined and allocated annually or biennially to ensure efficient use of resources; 3. Enhanced operational independence, as the foundation will withdraw from daily operations, instead supervising through an executive committee to ensure proposals align with Scroll's guidelines, retaining veto power when necessary.

Scroll plans to recruit governance committee members in the coming days and collaborate with them to design new charters and governance models. These will be drafted into a proposal for DAO feedback and voting, with the goal of completing the new architecture before the voting cycle on January 1, 2026. During this transition phase, the community team will act as the DAO's point of contact.

Previously, on September 11, ScrollDAO governance announced a "pause" following the collective resignation of its leadership team.


#ScrollDAO #Scroll #DAO #Governance #Layer2 #Ethereum #PANews #FoundationOversight #GovernanceReform #ExecutiveCommittee #VetoPower #Charters #GovernanceModels #Proposal #Voting #DAOFeedback #January2026 #Pause #LeadershipResignation
πŸš€ Scroll Co-Founder’s X Account Compromised, Recovery Efforts Underway

Scroll announced on X that the account of its co-founder, @shenhaichen, has been compromised. According to Odaily, the company is actively working to restore the account and advises users to avoid interacting with any suspicious links or direct messages.

#Scroll #CoFounder #XAccount #Compromised #Recovery #Shenhaichen #Odaily #SuspiciousLinks #DirectMessages #SCR
πŸš€ Scroll Users Face Excessive Transaction Fees Due to Multiplier Increases

Scroll users incurred over $50,000 in additional transaction fees following six manual multiplier increases that elevated Layer 1 data charges to 1,280 times the original baseline. According to NS3.AI, L2BEAT reported that approximately 139,000 transactions were impacted over a span of roughly four days, with the baseline cost estimated at around $280. On April 9, the team reduced both multipliers by 160 times. Etherfi Cash bots contributed approximately $35,000 of the excess fees during etherfi's migration to Optimism.

#Scroll #TransactionFees #MultiplierIncrease #Layer1 #L2BEAT #NS3AI #Etherfi #Optimism #Crypto #Blockchain #SCR
πŸš€ Ethereum Layer 2 Network Scroll Faces Overcharging Issue

Ethereum Layer 2 network Scroll has reportedly overcharged users by more than $50,000 in transaction fees over approximately four days. According to ChainCatcher, this occurred after the Scroll team manually increased two rate multipliers in their gas price oracle six times within six days, each time raising them by 2 to 10 times. This adjustment cumulatively increased the L1 data cost parameter to 1,280 times its original benchmark.

Approximately 139,000 transactions were affected, with the total cost originally estimated at around $280, but users were charged over $50,000. The majority of these transactions were automated by bots. L2BEAT clarified that the overcharging was not due to a sequencer issue but resulted from multiplier adjustments executed through a multi-signature wallet by the team. This incident has raised questions about whether Scroll previously subsidized users with below-cost rates to maintain activity.

Data from DeFiLlama indicates that Scroll's total value locked (TVL) currently stands at $24 million, a significant decline of 96% from its peak of $585 million in October 2024. As of the time of reporting, Scroll has not publicly responded to the issue.


#Ethereum #Layer2 #Scroll #Overcharging #GasFees #Blockchain #DeFi #TVL #CryptoNews #TransactionFees #ETH #SCR