Ethereum layer-2 project MegaETH to refund $400m after USDM launch failure

Ethereum layer-2 megaeth will refund over $400m after a misconfigured multisig and third-party bridge issues derailed its usdm pre-deposit launch. Ethereum Layer-2 project MegaETH announced it will refund all funds raised through its Pre-Deposit Bridge following operational failures that disrupted…