---
title: "Ethereum scaling project MegaETH slashes staff by 20% as it pursues AI business"
url: https://thecoingazette.com/ethereum-scaling-project-megaeth-slashes-staff-by-20-as-it-pursues-ai-business/
date: 2026-11-14
modified: 2026-11-14
lang: en
author: "Coin Gazette Editorial"
description: "Decentralized Finance total value locked on MegaETH dropped significantly from over $245 million to $8.8 million."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 16
---

# Ethereum scaling project MegaETH slashes staff by 20% as it pursues AI business

Decentralized Finance total value locked on MegaETH dropped significantly from over $245 million to $8.8 million.