The MegaETH quota expansion operation encountered an error, suspected to have been prematurely claimed by chud.eth, and the total quota has been modified to 500 million USD.
According to BlockBeats news on November 25, MegaETH announced that it has raised the USDm limit to 1 billion USD, and the bridge will open at 0:00 Beijing time tomorrow, but the limit seems to have been seized in advance. The team originally planned to execute the limit increase operation at a designated time through pre-signed transactions to ensure the event starts on time. However, the team did not realize that anyone could broadcast the signed transactions. It is suspected that large investor @chudeth exploited this loophole to execute the limit increase operation in advance, completing the allocation of USDm ahead of schedule. Meanwhile, the total limit has been modified to 500 million USD, and more than 483 million USD has already been allocated.
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The MegaETH quota expansion operation encountered an error, suspected to have been prematurely claimed by chud.eth, and the total quota has been modified to 500 million USD.
According to BlockBeats news on November 25, MegaETH announced that it has raised the USDm limit to 1 billion USD, and the bridge will open at 0:00 Beijing time tomorrow, but the limit seems to have been seized in advance. The team originally planned to execute the limit increase operation at a designated time through pre-signed transactions to ensure the event starts on time. However, the team did not realize that anyone could broadcast the signed transactions. It is suspected that large investor @chudeth exploited this loophole to execute the limit increase operation in advance, completing the allocation of USDm ahead of schedule. Meanwhile, the total limit has been modified to 500 million USD, and more than 483 million USD has already been allocated.