Web3 devs ‘more active than ever’ amid crypto winter: Report
Consecutive all-time-high smart contract deployments and surging usage of Web3 script libraries mean that Web3 devs are still busy working despite the prolonged market downturn. Web3 developers don’t appear to be fazed by the crypto bear market, with one Web3 platform suggesting they’re “more active than ever” — particularly on the Ethereum (ETH) network. In a new Q3 2022 report on Oct. 13 by Web3 development platform Alchemy, the company said that 2022 could be the “biggest year yet” for development on Ethereum. Around 36% of all smart contracts ever deployed and verified on the....
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Web3 developer growth hit an all-time high in 2021, yet challenges lie ahead for new developers flooding the space. “Web3” may be one of the biggest buzzwords of 2022, but the idea of creating an entirely decentralized platform to host decentralized applications has long been a vision of the crypto community. While it’s notable that some blockchain companies began building out Web3 applications four or five years ago, the Web3 space has only started gaining traction recently. The recent growth of Web3 was highlighted in a new report from Electric Capital, a venture capital firm that has....
Web3 is not about to cave in despite the adversity engulfing the crypto market. The crypto winter is almost literally “freezing” the flow of life into the digital currency ecosystem. But despite this, Polygon Co-Founder Sandeep Nailwal maintains a positive attitude in the face of uncertainty. While things may be rocky and overwhelming for Web3 […]
UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank’s analysts explained several major reasons affecting the prices of cryptocurrencies.
UBS Expects Crypto Winter That Could Last Years
Switzerland’s largest bank, UBS, has warned of a crypto winter where prices crash and may not recover for years. The bank’s analysts, led by James Malcolm, recently explained in a note to clients several reasons why cryptocurrency may lose its attractiveness to investors this year.
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Google is rolling out a new blockchain node engine for web3 devs this week, according to a press release on Thursday. This latest initiative from the powerhouse tech firm reflects a continued investment into web3 infrastructure, and looks to be another stepping-stone ‘win’ for the company in building goodwill with web3 developers. What It Is […]
The number one attribute to succeed in the crypto industry is a “start-up mentality” and the ability to “roll with the punches," a crypto recruiter tells Cointelegraph. The ongoing crypto winter has seen budgets and jobs slashed, but the search for top-tier talent hasn’t stopped across several Web3 verticals, according to some crypto recruitment firms.Speaking to Cointelegraph, Kevin Gibson, founder of crypto recruiting firm Proof of Search said that the majority of staff cuts in the crypto market have been from centralized exchanges, most notably the 18% staff cut at Coinbase in June, 10%....