Battle for blockchain talent is heating up. What and where are the crypto jobs?
Flush with capital, blockchain and crypto firms are on a hiring spree. Here’s how the battle for crypto talent is playing out.
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Amber Group launches CreatorFi NFT initiative to bridge traditional, crypto worlds
Hong Kong-based crypto financial services company Amber Group wants to bridge the gap between creators, collectors and platforms looking to get into NFTs and the crypto space.
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Blockchain developer platform Biconomy Raises $9M, led by Mechanism Capital
Biconomy, a Singapore-incorporated technology company building transaction infrastructure for blockchain applications, today announced it had raised US$9 million in a private funding round led by digital asset fund manager DACM and investment firm Mechanism Capital, according to a company statement. Fast facts Other investors included Coinbase Ventures, Coinfund, Huobi Innovation Labs and Stani Kulechov, founder…
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OKEx parent’s USDK stablecoin revenue dives almost 90%
OKG Technology Holdings, the parent company of crypto exchange OKEx, suffered an 89.8% year-on-year slump in revenue from operating Ethereum stablecoin USDK, its FY 2021 annual report shows. Fast facts Its USDK revenue was just HK$159,000 (US$20,470). Currently, USDK, which launched in 2019, has a market cap of US$28.68 million and a circulating supply of…
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Crypto gets starring role in South Korean historical drama TV series
A cryptocurrency-themed TV drama series with a historical twist is currently in production in South Korea, depicting the make-believe arrival of a cryptocurrency in the country’s ancient Joseon Dynasty. Fast facts “The Age of Money,” as the show will be known, follows a fictional king trying to get to the bottom of an “invisible” brass…
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Goldman applies to launch decentralized finance ETF
As regulation permitting the establishment of Bitcoin exchange-traded funds remains stalled in the U.S., Goldman Sachs has officially applied for an ETF offering exposure to companies in decentralized finance and blockchain. Fast facts In a recent filing to the U.S. Securities and Exchange Commission, the bank said its fund — the Goldman Sachs Innovate DeFi…
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Bybit contributes $19M to BitDAO in ETH, USDT and USDC to support DeFi growth
Singapore-based crypto derivatives exchange Bybit today announced it had made a US$19.3 million contribution in Ethereum (ETH), Tether (USDT) and USD Coin (USDC) to BitDAO, one of the world’s largest decentralized autonomous organizations, which it helped launch last month. Fast facts Many crypto projects, especially those in decentralized finance, have organized themselves as DAOs for…
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NFTs, smart contracts come to ADA as Alonzo mainnet debut approaches
Wolfram Blockchain Labs and Cardano are set to host a livestream event in which items from Wolfram’s computational universe will be “Liveminted” as NFTs on the Cardano network. Details of the event were shared on the website of Cardano’s parent company, Input Output Hong Kong recently, which said it would take place on July 28.…
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Singapore crypto take-up reaches 43% of adults
Cryptocurrencies are gaining traction in Singapore, especially among younger investors. A survey of 1,000 Singaporeans carried out by Toluna, a consumer insights provider, has shown that 43% of Singaporeans own crypto and that 74% of them have increased their wealth by using it as an investment. Fast facts The survey is said to have been…
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SEC: Commissioners’ statement not relevant to Ripple’s XRP lawsuit defense
US Securities and Exchange Commission staffers say their appointed leaders’ views do not reflect the agency’s stance on Ripple and XRP.