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Ethereum Scaling Project MegaETH Cuts 20% of Staff in Shift Toward AI

(12 hours ago) · 1 source · Summarized by CryptoBipto

MegaETH, an Ethereum scaling project, has laid off approximately 20% of its workforce. The layoffs come as the company redirects its focus toward AI-related business opportunities.

WHY IT MATTERS

When a crypto project lays off a large portion of its team and shifts focus to a different area like AI, it can affect the people who rely on that project's technology.

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SOURCES

  • coindesk.com

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