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Bank of America Announces Blockchain Job Openings
Bank of America the second-largest bank in the United States recently announced various blockchain job openings. This shows its intention to considerably adopt blockchain technology.
Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting
A hacking operation that is allegedly backed by North Korea has been reported to be targeting blockchain and cryptocurrency employees through LinkedIn.
Crypto.Com, BlockFi Announce Massive Layoffs as Economic Crisis Bites
More companies including Crypto.Com and BlockFi announced massive layoffs due to a downturn in their financial valuations amid the wider cooling of the market.
Apple Seeks Crypto Talents In Charge Of Alternative Payments Business
Apple Inc. is on the hunt to hire a business development manager with crypto experience in the alternative payment business.
Korea's Educated Jobless Individuals are Building their Blockchain Expertise
Korea’s surging ahead with its blockchain and crypto aspirations. Weeks after the government announced a $400 million blockchain fund, a prominent university added blockchain curriculum to its coursework.
Reuters: Federal Reserve Announces Job Cuts
The Federal Reserve plans to eliminate 300 positions by the end of this year, marking its first notable personnel reduction since 2010. The majority of the cuts will target support roles, including technology positions. Despite the resilience of the U.S. economy, the decision is not unprecedented.
SonicJobs Leverages AI to Revolutionize Job Application Processes
SonicJobs uses AI agents to increase job application completion rates from 5% to 26%, according to NVIDIA Blog.
GameStop Sacks CFO, Lays Off Multiple Employees in A Fresh Turnaround Plan
GameStop has laid off several employees in the middle of a turnaround plan aimed to help the firm to cut down on costs and grow profit.
AI : Experts Predict Human-Level Intelligence Within Decades
A 2023 Oxford University survey forecasts a 50% chance of AI surpassing human performance in a decade, potentially reshaping jobs and industries by 2116. This rapid AI development calls for equitable access and bias mitigation.
Crypto Firms Make Job Cuts Amidst Ongoing Crypto Winter
Protocol Labs, Chainalysis, and Bittrex slashed 216 employees during the crypto winter.
Fidelity Investments Adds More Than 12,000 New Jobs to Meet Customer Interest in Growing Areas Like Crypto
To address customer demands in growing areas like cryptocurrency and direct indexing, Fidelity Investments has created more than 12,000 job offerings to shape the future of financial services.
Microsoft Ventures into Nuclear Energy to Power AI Development
Microsoft is venturing into nuclear energy to support its growing AI and cloud computing needs. The company has posted a job listing for a Principal Program Manager in Nuclear Technology, focusing on the development of an energy strategy based on SMRs and microreactors. While this move aims to address the energy-intensive nature of AI models, it also raises questions about the environmental and logistical challenges associated with nuclear energy.
MIT Study Challenges AI Job Displacement Fears
MIT's study reveals that human labor remains more cost-effective than AI in most job roles, especially in tasks requiring visual processing, challenging rapid AI-driven job displacement fears.
Deloitte seeks crypto experts
Deloitte is actively seeking individuals with cryptocurrency expertise, with over 300 job openings in the United States, including positions such as Blockchain & Digital Assets Manager and Tax Manager, Blockchain & Cryptocurrency. The firm signals its continued support and interest in Web3 and crypto.
Grayscale Hires Former Alerian CEO Davi LaValle As Global Head of ETFs
Grayscale Investments has announced the hire of Davi LaValle as the head of its ETF business.
Bitcoin Price Falls Below $20,000 Following US Jobs Report
Bitcoin dropped 2% following the release of the job figures reported by the Bureau of Labor Statistics.
Amazon Hires Cryptocurrency Talent to Enhance Crypto Payment Experience for Customers
E-commerce giant Amazon is hiring a digital currency and blockchain expert, hinting that the company may soon launch a new service that enables its users to pay for online products and services using cryptocurrencies.
California Advances in Generative AI with New Report
The Newsom Administration's report on Generative AI outlines California's approach to regulating and embracing this technology, emphasizing education and workforce training for responsible use.
U.S. Senators Urge Treasury and IRS for Swift Cryptocurrency Tax Rule Implementation
A group of U.S. Senators has expressed concern over a two-year delay in implementing tax reporting requirements for crypto brokers, urging the Treasury Department and IRS to expedite the process to close the crypto tax gap, provide clarity for taxpayers, and secure billions in lost tax revenue. The delay contradicts the directives of the Infrastructure Investment and Jobs Act and gives leeway to crypto lobbyists opposing the rule.
Binance expands with blockchain hub in Georgia
Cryptocurrency exchange Binance has opened a blockchain hub in Georgia to promote crypto adoption in the country, create more jobs and attract talent to the blockchain sector.
IMF Warns of AI's Impact on Global Job Market: 40% Positions at Risk
The IMF warns that AI could impact 40% of global jobs, rising to 60% in advanced economies. This trend may exacerbate income inequality, with younger workers adapting more easily than older ones. The IMF urges comprehensive safety nets and retraining programs to mitigate the effects.
Blockchain Technology and the Gig Economy Will Propel Better Work Choices with more Flexibility
According to a report commissioned by Appjobs and Vinter, blockchain technology and the gig economy’s growth will reshape how people live and work in the future.
Facebook’s Calibra Aims to Create 50 New Jobs in Dublin To Scale Up Its Libra Project
Social media giant Facebook is seeking to create 50 jobs for its payment subsidiary Calibra. The new hires, which are targeted to begin work at Dublin office, Ireland by the end of 2020, will be responsible for creating a wallet for sending and storing Libra. Calibra was formed in 2019 to develop a digital wallet for the Libra payment team.
Libra Association Appoints Former HSBC Executive Ian Jenkins As CRO and CFO Of Payment Systems
Libra Association has announced the appointment of former HSBC executive Ian Jenkins as chief risk officer and chief financial officer of Libra Networks.
Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP
Goldman Sachs is looking for a new Vice President for its Digital Assets team to helps define and execute the investment firm’s global blockchain strategy.
Cosmos Blockchain Developer Ignite Layoffs Employees, CEO Peng Zhong Resigns
Ignite CEO, Peng Zhong, has parted ways with the company. A few days ago, the firm announced job cuts of more than 50% of its employees amid the difficult market conditions.
AI's Mainstream Impact and Workforce Dynamics in 2023
2023 was a transformative year for the workforce, marked by AI becoming mainstream, changes in job roles and hiring processes, the rise of hybrid work models, the decline of corporate jargon, and notable increases in job interview compensation.
AI's Rising Impact on Job Market: more position replaced especially for stem studentss
A survey of 9,388 engineers reveals growing job security concerns amid AI advancements. With 90% finding it harder to secure jobs and companies favoring AI skills, the tech industry faces a pivotal shift in employment and education.
Goldman Sachs Managing Director Reportedly Resigns After Making Millions from Dogecoin
Aziz McMahon, the managing director of Goldman Sachs' London office, is said to have resigned from his role after earning huge profits from Dogecoin investments.
Binance.US Appoints Ant Group Executive to Succeed Former CEO Brian Brooks
Binance.US has finally hired former Ant Group Executive Brian Shroder as the next CEO to take over the role that Brian Brooks left.
Moody’s Getting into Crypto Space, Wants to Hire Cryptocurrency Analyst
Moody’s Investors Service Limited is the latest leading corporation getting interested into the world of cryptocurrency. The major credit rating firm announces plans to hire a cryptocurrency analyst.
Andreessen Horowitz Hires Former CFTC Commissioner Brian Quintenz To Bolster Regulatory Expansion
The appointment of Brian Quintenz shows a sign of growing importance of compliance and regulation at Andreessen Horowitz.
Coinbase Poaches Facebook’s Former Head of Product to be New CMO
Coinbase has hired Facebook’s former head of brand and product marketing, Kate Rouch, as its new chief marketing officer.
Crypto Trading Platform BitPanda Hires Former JPMorgan Executive Joshua Barraclough as CEO
BitPanda has announced that it has named Joshua Barraclough as CEO to run the daily operations of BitPanda Pro.
Andreessen Horowitz Names New York Stock Exchange’s Top Regulator to Head Its Cryptocurrency Unit
Andreessen Horowitz venture capital firm hires the current head of the New York Stock exchange (NYSE)’s regulatory unit.
Japanese Entertainment Conglomerate Konami Enters Metaverse by Offering Web3 Jobs
Japanese entertainment firm Konami is hiring more talents on Web 3 to enable it to expand its footprint into the metaverse space.
Biden To Name Crypto Critic Saule Omarova To Lead OCC
US President Joe Biden plans to nominate Saule Omarova to run the Comptroller of the Currency (OCC) Office. Omarova, a professor at Cornell University Law School, is known for her critical view of cryptocurrency and the financial sector.
BitPanda Lays off Hundreds of Employees, Citing Tough Market Conditions
The Austria-based crypto trading firm is the latest in a series of startups that have resorted to layoffs since last month, owing to the current difficult market conditions.
KuCoin Refutes Job Cut Rumours, Disclosing to Hire amid Crypto Winter
KuCoin has denied claims of planning to lay off. The exchange, on the contrary, discloses it is planning to hire more staff to join.
Twitter Hires Former Hacker Peiter 'Mudge' Zatko as Head of Security
Following the high-profile security breach witnessed in July this year, Twitter has hired former hacker Peiter 'Mudge' Zatko as its new head of security.
Reddit Wants to Develop NFT Platform, New Job Listing Revelas
Reddit recently posted a job offering indicating that it wants to hire a senior engineer with experience in designing, developing, and maintaining an NFT platform.
Amazon Aims to Advance Its Digital Currency Project in Mexico
Amazon has been planning on launching a digital currency project in Mexico, and a job posting revealed that it was looking for engineers and developers for the part.
Bank of England Reveals How Banks Can Adjust to Cryptocurrency Growth
The Deputy Governor of the Bank of England Jon Cunliffe has said that it is not the bank's job to protect commercial banks from the impact of cryptocurrencies.
UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations
UK’s financial regulator has posted a job listing for a potential candidate with strong crypto knowledge. The recruitment could be an indication that the agency is set to provide higher degree of regulatory scrutiny of digital assets and possible abuses.
Japanese Multinational’s Blockchain App Taps India’s Tech Talent Pool Neglected By Trump’s Visa Ban
NEC Corporation, a Japanese multinational information technology and electronics company, has partnered Persol Career, a job-hunting firm, to pilot its blockchain app to help corporate Japan recruit Indian tech engineers. Nearly 2000 Indians are expected to be hired via the app in the next three years,
LinkedIn Ranks Blockchain as a Top Skill for 2020
The skills that are in demand follow programming and computer science as key elements, however, sales and marketing in the industry will also follow suit, to advertise and push awareness for the new developing tech shown alongside Blockchain on the in-demand list according to the job and professional networking site LinkedIn.
Ripple Continues Working with Central Banks Looking to Deploy CBDCs using XRP Ledger
Ripple seems to be moving in silence but it has been working on bigger projects, namely on furthering central bank digital currency (CBDC) development.
What is Ethereum Founder Vitalik Buterin’s Net Worth?
Ethereum founder Vitalik Buterin’s net worth must be growing as the eth price continues to surge gaining more than 7% in the last 24 hours.
Bank of America Plays Ripple Project Close to Chest
Bank of America (B of A) has been keeping its blockchain contingency plans under wraps for the better half of a decade.
Waste2Wear to Use Blockchain in Tracing the Conversion of Ocean Plastics into Eco-Fabrics
Waste2 Wear is to trace the conversion of ocean plastic waste into eco-fabrics using blockchain technology as this will propel traceability.
Deloitte Tests Remuneration of Its Staff Using Bitcoin
Deloitte one of the most reputable audit firms globally has shown plans of testing BTC payments on its staff for optimal adoption.