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MegaETH quota expansion operation failed, suspected to have been claimed in advance by chud.eth, total quota has been modified to 500 million USD.

On November 25, according to official news, MegaETH announced that the USDm limit has been increased to 1 billion USD, and the bridge will open tomorrow at 0:00 Beijing time, but the limit seems to have been preemptively seized. 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 a signed transaction. It is suspected that large investor @chud_eth exploited this loophole to execute the limit increase operation ahead of time, completing the distribution of USDm first. Meanwhile, the total limit has been modified to 500 million USD, and currently, over 483 million USD has already been allocated.

ETH0.86%
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