A software developer from Ohio is taking on extra work at Door Dash to grow his stack of Bitcoin.
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A software developer from Ohio is taking on extra work at Door Dash to grow his stack of Bitcoin.
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Brutal economic conditions coupled with dramatically falling crypto prices have led to massive layoffs within the blockchain industry.
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After initially slowing down hiring, Coinbase announced plans to reduce its headcount by 18%, with the CEO citing a starting economic recession.
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Cryptocurrency wallet firm Exodus has been paying all its staff fully in Bitcoin since launching its software wallet in 2015, CEO JP Richardson said.
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While crypto companies have been faced with major layoffs, things are nowhere as bad as the tech industry or other traditional sectors.
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Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing up to 60% of its workforce in 2018.
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Offering NFT services without proper infrastructure and purchasing crypto at ATH purely based on popularity were the red flags for the Redditor.
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The trend of blockchain adoption is set to continue in 2022. Here are three sectors that are likely to pivot toward DLT solutions.
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ANY, KP3R and WEMIX lead today’s altcoin charge after BTC price broke out of range higher with a surge to $44,000.
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Holding true to their promises made last year, Block (formerly Square) plans to develop open-source Bitcoin mining systems and hardware wallets in 2022.
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