iIndiCrypto
Markets
BTC₹60,80,524▼ 5.5%
ETH₹1,67,772▼ 7.7%
SOL₹6,594▼ 11.7%
BNB₹54,520▼ 8.3%
XRP₹86.02▼ 9.7%
AdCoinVault Exchange: Zero-fee trading week — every pair, every trader.
Web3
Web3Global

MegaETH Cuts 20% of Workforce as It Shifts Focus Toward AI Marketplace

Bitcoinist
Share
MegaETH Cuts 20% of Workforce as It Shifts Focus Toward AI Marketplace

MEGA, the organization behind Ethereum Layer 2 network MegaETH, has reduced its workforce by 20% as it prepares to expand beyond blockchain infrastructure and develop artificial intelligence products. Co-founder Shuyao Kong announced the restructuring on November 13, confirming that employees involved in the blockchain, wallet, and ecosystem teams were affected. The company did not disclose […]

Key Takeaways

  1. MEGA, the organization behind Ethereum Layer 2 network MegaETH, has reduced its workforce by 20% as it prepares to expand beyond blockchain infrastructure and develop artificial intelligence products.
  2. Co-founder Shuyao Kong announced the restructuring on November 13, confirming that employees involved in the blockchain, wallet, and ecosystem teams were affected.
  3. The company did not disclose […]
Read Full Article on Bitcoinist

Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.