Following the expansion of the MegaETH quota, it appears that some funds were withdrawn in advance; the total quota has now been revised to $500 million.

According to community feedback, MegaETH has announced that it will increase the USDm quota limit to $1 billion. The bridging will open at 0:00 Beijing time tomorrow, but the quota appears to have been snapped up in advance.

The team originally planned to ensure the event started on time by pre-signing transactions and then performing a credit limit increase at a designated time. However, the team was unaware that signed transactions could be broadcast by anyone. A suspected crypto tycoon, @chud_eth, exploited this vulnerability to perform the credit limit increase prematurely, preemptively allocating USDm. The total allocation has now been modified to $500 million and is completely sold out.