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