In a tweet only hours old, the team in charge of development at Ethereum Classic (ETC), threw in the towel citing funding difficulties that made it hard for them to continue operations. The tweet included a screenshot of an announcement from ETCDEV’s founder and CTO, Igor Artamonov, that stated the following:
As is publicly known we have struggled with funding our operation in the last few weeks. This was partially due to the market crash, combined with a cash crunch in the company.
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