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MEGA restructuring and $30m pledge

Story timeline · 2 updates, 10 Nov to 13 Nov 2026

The MegaETH foundation was renamed MEGA and pledged $30m from its treasury to new products, starting with an AI inference marketplace due in December. MEGA has now cut 20% of its workforce in a restructuring, affecting staff who built the blockchain, wallet and ecosystem.

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  1. MegaETH foundation renamed MEGA and pledges $30m for new products

  2. MEGA cuts 20% of staff in restructuring after $30m pledge

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.