We aren't spending money at all, it's literally crypto winter here: WazirX

Cryptocurrency exchange WazirX is cutting down on all its non-critical costs amid plummeting crypto prices. "We are hiring only critical hires, we aren't spending money at all. It's literally crypto winter here," the company's Vice President Rajagopal Menon told Bloomberg. 'Crypto winter' refers to a phase when crypto prices decline and remain low for an extended period.