‘Pomp’ Launches Crypto Jobs Board With Gemini, Coinbase and BlockFi
Morgan Creek’s Anthony Pompliano aims to list 10,000 openings by the end of the year.
Related News
It appears that the current state of the digital market is hitting hard on the economy of certain crypto exchanges. The BlockFi cryptocurrency lending and exchange platform, Crypto.Com, and Gemini are a few examples to pinpoint. According to BlockFi’s blog post by its co-founders, Flori Marquez and Zac Prince, around 20% of its 850+ staff […]
Binance, Ripple, and Kraken are hiring, while Coinbase, Gemini, and Crypto.com have announced staff cuts. Amid the recent volatility in the crypto market affecting investments and stock prices, many firms made significant staff cuts in the last month while others continued hiring.In June, major crypto exchange Gemini was among the first to reportedly cut 10% of its employees amid the bear market, saying conditions were “likely to persist for some time.” Coinbase and Crypto.com followed, announcing plans to reduce staff by 18% and 5%, respectively. Coinbase CEO Brian Armstrong also cited....
The cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets under management (AUM) was over $29 million on February 8, 2021. Blockfi Launches a Competitive Bitcoin Trust With a Sponsor Fee of 1.75% On Tuesday, the lender and financial services company Blockfi launched its bitcoin trust as it is managed by Blockfi Management LLC, a wholly-owned subsidiary of Blockfi. The trust will charge a....
Gemini's crypto assets in custody have trebled this year which the exchange attributes to surging interest from institutions and asset managers, The Winklevoss twins’ Gemini exchange now has $30 billion worth of cryptocurrencies under custody as competition heats up among top U.S. exchanges.In a May 11 announcement, the exchange attributed much of the growth this year to strong demand from institutional clients: “Tracking with the impressive growth of the crypto market this year and increased participation from institutional investors, we have more than tripled our crypto under custody....
Coinbase, BlockFi, and other major companies in the crypto sector have been negatively impacted by the persistent downtrend across the digital and legacy financial markets. The companies have been forced to cut down on their staff to stay afloat and continue with their operation. Related Reading: Crypto Firm Genesis Trading And Head Of Sales Steps […]