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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 crypto network, has been forced to lay off 40% of its core team and reduce pay for the remaining members due to the ongoing crypto winter, which is expected to last at least another year, ac...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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 crypto network, has been forced to lay off 40% of its core team and reduce pay for the remaining members due to the ongoing crypto winter, which is expected to last at least another year, according to the company's founder Louis Liu.
The string of companies announcing layoffs in the crypto world, 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

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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