Hourglass: Stable pre-deposit program suspends new deposits in Phase 2; user funds are safe.

Odaily Planet Daily reports that Hourglass posted on its X platform: "Since the start of the second phase of the Stable pre-deposit campaign, platform traffic has been exceptionally high, causing Hourglass's front-end RPC capacity to be fully utilized. Due to overwhelming demand, Hourglass's institutional fund pool has suspended new deposit operations. User funds remain safe. Further updates will be announced soon."