MegaETH’s $1 Billion Ambition Crumbles: Technical Glitches Halt Major Sale

A much-anticipated $1 billion fundraising effort by MegaETH has been abruptly called off, all thanks to a series of significant technical failures. During the critical pre-deposit phase, the system encountered multiple issues that pushed the planned raise beyond its operational limits. This forced the MegaETH team to completely halt the sale, leaving the ambitious project’s future in question and highlighting the persistent challenges of large-scale decentralized finance operations.