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Home News MegaETH credit expansion operation failed, indicating that chud.eth may have front-run the credit increase. The total credit limit has been adjusted to 500 million USD.

MegaETH credit expansion operation failed, indicating that chud.eth may have front-run the credit increase. The total credit limit has been adjusted to 500 million USD.

MegaETH credit expansion operation failed, indicating that chud.eth may have front-run the credit increase. The total credit limit has been adjusted to 500 million USD.

BlockBeats News, November 25th, according to official sources, MegaETH has announced an increase in the USDm quota limit to 1 billion US dollars. The bridging will open at 0 o’clock tomorrow Beijing time, but the quota appears to have been preemptively taken.

The team had originally planned to increase the quota by pre-signing transactions and executing the quota increase operation at a designated time to ensure the event started on time. However, the team was unaware that any signed transaction could be broadcast by anyone. Suspected crypto whale @chud_eth exploited this vulnerability to prematurely execute the quota increase operation, completing the distribution of USDm ahead of schedule.

At the same time, the total quota has been modified to 5 billion US dollars, and currently, over 4.83 billion US dollars in quota have been allocated.

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