[MegaETH Pre-Save Event Fails Due to Technical Issues, Fundraising Cap Frozen at $500 Million] The MegaETH pre-save event failed to proceed as planned due to technical issues, with the fundraising cap ultimately frozen at $500 million, abandoning the original goal of expanding to $1 billion. The team stated on the X platform that the failure was caused by a KYC system configuration error and rate limit issues. Additionally, a Safe multisig transaction prepared for subsequent increases was accidentally executed prematurely, leading to new deposits exceeding the original $250 million cap. The team noted that some allocations were obtained by users who continuously refreshed the page and coincidentally accessed the system during random openings. MegaETH has promised to release a retrospective plan and withdrawal options soon, reaffirming the safety of user assets while acknowledging that operations did not meet expected standards.