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” FTX collapse could see crypto sector layoffs accelerate “ The fall of crypto exchange FTX and potential resulting contagion could lead to an acceleration of crypto-company layoffs in the coming months, recruitment specialists warn. A Nov. 14 report from crypto data aggregator platform CoinGecko found that as of Nov. 13, the crypto space has…
” Crypto companies are still hiring, but you may not find a job post about it “ Crypto companies are still hiring but might not be actively recruiting amid the market downturn. If you are considering joining the space, however, this is still a good time to get your feet on the door, sources in…
” Fidelity to beef up crypto unit by another 25% with 100 new hires “ $4.5 trillion asset management firm Fidelity Investments is reportedly set to hire another 100 people to bolster the firm’s growing digital assets division — a stark contrast to the recent squeezing out of crypto-talent. A Fidelity representative told Bloomberg on…
” How to earn passive crypto income in a bear market? “ The majority of new investors are in the middle of their first crypto winter, during which most digital assets have depreciated by more than 70% from their November 2021 highs. While a bear market is tough for everyone, it can be especially challenging…
” Chips bill provides for blockchain specialist position in White House science office “ The United States House of Representatives passed the Chips and Science Act on Thursday by a vote of 243 to 187. The bill, which was introduced into the Senate over a year ago, provides grants and incentives to the semiconductor industry…
” CoinFLEX announces staff cuts as part of measures to reduce costs by up to 60% “ Cryptocurrency exchange CoinFLEX said it had downsized a “significant number” of team members in an effort to cut operating costs. According to a Friday blog post, CoinFLEX said it had cut some staff across “all departments and geographies”…
” Life after crypto biz: Retrenched staff ponder future in the job market “ Bleak market prospects continue to afflict the cryptocurrency ecosystem as prominent firms face the tough reality of reducing their workforce to ensure their long-term viability. Nonfungible token (NFT) marketplace OpenSea has established itself as an industry leader in its category. Still,…
” OpenSea lays off 20% of its staff, citing ‘crypto winter’ “ Nonfungible token (NFT) marketplace OpenSea announced mass layoffs on Thursday, joining other crypto companies in reducing headcount during one of the most volatile periods in the industry’s history. Co-founder and CEO Devin Finzer took to Twitter Thursday afternoon to disclose that his company…
” How to start a career in crypto? A beginner’s guide for 2022 “ The cryptocurrency industry is arguably one of the fastest-growing industries in the world. With its decentralized finance (DeFi) system and blockchain technology, crypto has become an attractive career path for those interested in technology and finance. As expected of any fast-growing…
“DoorDash asks job applicant to state sexual orientation” Doordash is attracting attention over a policy to ask prospective employees to state their sexual orientation on job applications to the food-delivery giant, according to social media posts. A screenshot of one such job application was posted to the online site Reddit, where it went viral. As…