MegaETH Cuts 20% of Staff as It Shifts Focus Toward AI Business

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Ethereum scaling project MegaETH has reduced its workforce by roughly 20 percent. The company is reportedly redirecting its efforts toward artificial intelligence opportunities. The move comes as total value locked in decentralized finance applications on the network fell sharply, from more than $245 million to about $8.8 million. The source article provided limited detail beyond these figures, so the reasons behind the layoffs and the exact timing were not specified.

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