Crypto winter is here, digital assets exchanges are bracing for it
Tue, Jun 28, 2022 9:04 AM

Crypto winter is here, digital assets exchanges are bracing for it

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WazirX’s vice president, Rajagopalan Menon says “We have cut down all our non-critical costs, we are hiring only critical hires, we aren’t spending money at all. It’s literally crypto winter here.”

He used industry jargon for an extended bear market with token prices plummeting, customers unable to transfer money to their accounts and a dreaded transaction tax on crypto just around the corner.

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