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.

By: theblockbeats.news|2025/11/25 15:58:43
0
Share
copy

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.

You may also like

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by

As a core asset in Baidu's AI landscape, Kunlun Chip is expected to exceed Baidu's market value after going public, becoming an important bargaining chip in its turnaround battle.

Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play

The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.

Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip

Abandoning TSMC and teaming up with Samsung. Anthropic launches a self-developed 2nm chip program, challenging Nvidia and starting a battle to break through computing power costs.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com