Covalent CEO: There’s an ‘unresolved backlog’ of unfilled Web3 data roles
The demand for on-chain analysts is set to further increase with Web3 data outgrowing Web2 data over the next 20-30 years, says Covalent's Ganesh Swami. Ganesh Swami, CEO of blockchain data aggregator Covalent says there continues to be an “intense demand” for on-chain data analysts, that is yet to be satisfied. Speaking to Cointelegraph, Swami said that analysts are in “intense demand” as there’s a “real need” for data experts to “make sense” of on-chain data, explaining: “There is an unresolved backlog of unfilled data-driven roles. This demand is a testament to how eager blockchain and....
Related News
The blockchain data space is getting more and more heated. A number of notable investors and projects have provided $2 million to Covalent, a project building a decentralized blockchain data provider.Hashed Ventures led the round with participation from Binance Labs, Coinbase Ventures, Delphi Ventures, Hypersphere Ventures and others. Blockchain projects like Moonbeam, Avalanche, NEAR and Elrond also pitched in the funding round.Covalent serves data to a number of projects in the DeFi and NFT spaces, including 0x, Zerion and Balancer, and it occupies a similar niche to The Graph (GRT).....
Bitcoin prices have been volatile during the last few weeks, but have managed to climb higher in value at the same time. This week bitcoin derivatives markets, specifically futures and options, show that crypto asset traders should expect more swings going forward. Some traders believe that the digital currency’s price could fill two unfilled gaps on CME Group’s Bitcoin Futures chart with an upward trajectory toward $18,000. During the last few days, bitcoin (BTC) spiked over the $16k handle, as numerous cryptocurrency markets have seen some significant gains this week. On....
As the global FinTech hub you would think that the U.K. has no problem when it comes to recruiting new talent for its financial technology sector. Yet, it seems that the country is experiencing a skills shortage that is seeing many jobs going unfilled. In a report from Business Insider, it found data from one of the world’s biggest job listing sites, Indeed.com, showed that the hardest jobs to fill are mechanical and engineering projects managers. According to the data, 30.8 percent of the positions remain unfilled after two months. The remaining nine jobs that are hard to fill include:....
Spot Bitcoin prices rallied toward $40,000 over the weekend but hinted at bullish exhaustion as CME Bitcoin futures opened Monday with a $1,500-plus gap. A run-up toward $40,000 in the Bitcoin (BTC) market risked exhaustion as Chicago Mercantile Exchange’s futures opened on Monday with a gap of $1,575, the first since May 17.In retrospect, the downside risks heightened due to Bitcoin’s recent bearish pullbacks near the $40,000 level. Atop that, the said CME gap formed between Friday’s close of $37,325 and Monday’s open of $38,900, raising possibilities that the next correction would prompt....
Jack Dorsey’s vision of Web3 as a VC coup against the established tech royalty is not that simple and things may not be as clear-cut. In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance and blockchain space, as well as their roles in shaping the economy of the 21st century.Jack Dorsey, Twitter’s ex-CEO and Bitcoin (BTC) aficionado, is not a big fan of Web3 — or at least of what its grand vision is shaping up to be. Users won’t own the next iteration of the internet, he asserts again and again.....