Crypto Winter Will Last 'At Least Another Year' Says Founder of Crypto Firm Which Just Laid Off 40% of Its Workforce

Octopus Network, a multichain cryptonetwork built on NEAR Protocol, has laid off some 40% of the core team and lowered pay for the rest due to the ongoing crypto winter - a cold wave that will not be ending for at least another year, argued the project's founder Louis Liu. The string of companies announcing layoffs in the cryptoworld, citing the prolonged sour market conditions, is only getting longer.... Read More: Crypto Winter Will Last 'At Least Another Year' Says Founder of Crypto Firm Which Just Laid Off 40% of Its Workforce