Despite negative sentiments from the crypto markets and mass layoffs by major crypto firms like Coinbase, Gemini, Crypto.com and others, job search portals like LinkedIn and Indeed report an increase in demand for professionals of cryptography and Web3. According to data provided by Indeed in a report, career prospects in the field of cryptocurrencies, blockchain, …
The crypto markets are going through a difficult phase. Bitcoin has crashed over 70% in 8 months. In the midst of the crisis, several companies are laying off their employees, desperately trying to save money. However, not all companies face the hammer of fate. Bit.com, the second largest crypto options exchange, is looking to double …
Following Bybit’s plans earlier this week to lay off employees, another cryptocurrency exchange has now joined the long list of companies cutting staff. Major exchanges like Coinbase have already made the ax recently thanks to prevailing market conditions. The saga of crypto layoffs drags on amid macroeconomic pressure in financial markets. Crypto Exchange BitPanda to …
Bitget, a major cryptocurrency platform, announced on Thursday that it plans to double its global workforce despite the crypto winter and amid layoffs seen at other crypto firms around the world. Take advantage of London’s biggest financial event. This year we have expanded into new verticals in Online Commerce, Fintech, Digital Assets, Blockchain and Payments. …
Studies have shown that layoffs are likely to increase the chances of bankruptcy Despite being in a bear market, many companies are still looking to hire talent Over the last month, prominent crypto firms have laid off thousands of employees as they prepare for a long crypto winter. Coinbase has cut 1,180 employees (approximately 18% …
As crypto markets stall and payrolls shrink, observers believe it could push the industry to prioritize real-world applications over speculative trading. The latest crypto crash has many companies slashing their payrolls as observers wonder what a prolonged recession would mean for the industry moving forward. On June 14, Coinbase, the largest U.S. cryptocurrency exchange that …
[Source: CNN] Two years ago, when the pandemic ushered in the sharpest economic downturn on record, it sparked a wave of layoffs. The subsequent recession was painful but thankfully short; technically, it lasted only two months. Since then, the economy has come back strong. Unemployment in the US is near its lowest level in 50 …
Hey Siri, when does a “macro recession” become a “recession”? It’s another gloomy week for startups enduring dismal tech stocks and even worse crypto prices. But let’s start with some good news: your kids can get vaccinated against COVID-19! Back to the bad news: We’re writing another weekly column on layoffs, because once again, there’s …
Crypto was all the rage in 2021. This week, it crashed. The nosedive began on Sunday night. One of the largest crypto lending platforms, Celsius Network LLC, unexpectedly told customers that it was pausing all withdrawals, trades, and transfers between accounts due to extreme market conditions. Celsius customers panicked and people with money on other …
Crypto was all the rage in 2021. This week, it crashed. The nosedive began on Sunday night. One of the largest crypto lending platforms, Celsius Network LLC, unexpectedly told customers that it was pausing all withdrawals, trades, and transfers between accounts due to extreme market conditions. Celsius customers panicked and people with money on other …