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.