Hourglass: The first batch of Stable deposits will be extended by at least one hour; deposits made via Etherscan do not meet the requirements

Foresight News reported that Hourglass stated, "Due to exceptionally high website traffic, access to the Hourglass website is temporarily affected. Deposits made directly via Etherscan or programmatically will not be eligible for the stablecoin pre-deposit campaign. Such deposits can be withdrawn using the redeemNonKYC function on Etherscan. The minimum deposit period for the $100,000 cap will be extended by at least one hour—please be patient while the website is restored."

Foresight News notes that the second phase of the Stable pre-deposit campaign is being conducted through the Hourglass website, originally scheduled to start today at 22:00 (UTC+8). The maximum deposit cap for the first hour is $100,000, and will be increased to $20 million thereafter.