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The Nexus
SECURITYApr 21 · 04:04 UTCR/CRYPTOCURRENCY/u/gigabyteIO

User Funds across Ethereum Layer 2 Blockchains are at MAJOR RISK, including Blast, Optimism, Mantle, and Base. These blockchains are essentially centralized databases controlled by a handful of people who control a single multisignature wallet. Be careful!

User funds on Ethereum Layer 2 blockchains like Blast, Optimism, Mantle, and Base are at significant risk due to centralized control via multisignature wallets. A single developer wallet is linked to setting up and funding most multisig signers for these blockchains, enabling potential manipulation or theft.

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