[Hourglass Suspends New Deposit Operations for Phase Two of Stable Pre-Deposit Activity] On November 7, Hourglass announced that Phase Two of the Stable pre-deposit activity has been suspended due to exceptionally high platform traffic, which caused the front-end RPC capacity to be fully utilized. The institutional funding pool has paused new deposit operations. Hourglass confirmed that all user funds are secure and stated that the latest updates will be announced soon.