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Foresight News
Foresight News|Nov 28, 2025 02:01
[MegaETH Will Refund All Funds Raised Through the Pre-Deposit Bridge] Foresight News reports that MegaETH tweeted it will refund all funds raised through the Pre-Deposit Bridge. 'The execution of this event was hasty, and the intended goals do not align with our original purpose of pre-loading collateral to ensure a 1:1 USDm exchange rate on the mainnet. The refund process requires the creation of a new smart contract, which is currently under audit. Refunds will be initiated immediately after the audit is completed. We will reopen the USDC and USDM exchange bridge before the launch of the Frontier mainnet.'
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Timeline

Dec 27, 21:09Massachusetts Auditor Faces Challenge of Refusing to Audit
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Dec 01, 05:17USDD circulation surpasses $600 million, setting a new historical high
Nov 28, 17:54Tether is close to clearing up its chaotic history
Nov 28, 13:45MegaETH terminates the pre-deposit activity and refunds the funds
Nov 28, 11:29Upbit discovered a vulnerability in the internal wallet
Nov 28, 05:53CertiK and Wemade launch the Global Korean Won Stablecoin Alliance

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