MegaETH Pre-Deposit Hits Snags, Raise Tops $250M Limit Before Halt

MegaETH's pre-deposit phase encountered multiple technical failures, including KYC system errors and a premature transaction, causing the fundraising to exceed its $250 million limit and reach $500 million before being halted. MegaETH pre-deposit failure stemmed from configuration errors disrupting user access. Rate-limit issues prevented verified users from completing deposits smoothly. The event raised $500 million, [...]