Many crypto companies have quietly laid off a significant portion of their staff over the past month.
More to come.
Expect a wave of slow rugs this year.
You will still see them posting random updates, but make no mistake, they are not building anything anymore.
And once all remaining funds are eaten by the salary of the last few remaining team members, they will shut down

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Original article | Odaily Odaily(@OdailyChina)
Author｜Azuma (@azuma_eth)
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