The fall of crypto exchange FTX and potential resulting contagion could lead to an acceleration of crypto-company layoffs in the coming months, recruitment specialists warn.from crypto data aggregator platform CoinGecko found that as of Nov. 13, the crypto space has seen 4,695 employees let go in 2022 so far, presenting 4% of staff cuts across all “technology startups.”
“With the collapse of FTX since November 2 and its full impact on the cryptocurrency space still unfolding, further cryptocurrency layoffs may occur in the months to follow.” “Layoffs have been consistent effectively following the same trend as crypto prices. FTX hasn’t changed that broader trend albeit a tragic event,” he said, adding:
Kevin Gibson, the founder of recruitment firm Proof of Search was less optimistic, sharing that he had one candidate that was due to start employment today but had his offer “pulled” during the first call with the company.
Source: News Formal (newsformal.com)
ftx did not fall ftx jumped
Are yyou aware of what is happppening on 1Inch
That's obvious, but it's unfortunate.
Disagree
Well not at iExec. Strong as ever. Lots or job openings. And Worker Pools around the corner.. $RLC
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTX Founder Secretly Moved Funds Through Backdoor: FTX InsiderFTX insider has reportedly stated that recent FTX 'hack' was illegal withdrawal of funds from FTX to Alameda Research vydamo_ MarioNawfal Aren’t you surprised to see everyone is silent on this? vydamo_ MarioNawfal Is there anything like it? vydamo_ MarioNawfal Theyy don’t want youu to know thiss
Source: Utoday_en - 🏆 295. / 63 Read more »
Bahamas regulator contradicts FTX claim that it was required to process local withdrawalsThe Securities Commission of the Bahamas said it did not require failed crypto exchange FTX to allow withdrawals for users in the country. Insane 'kids don't lie', featuring SBF_FTX
Source: TheBlock__ - 🏆 464. / 53 Read more »
Vitalik Buterin calls out FTX for virtue signaling: 'deserves what its getting'The co-founder of Ethereum, Vitalik Buterin, believes what FTX did was a bigger fraud when compared to the infamous Mt. Gox and Terra (LUNA) collapses. Its All To reset the market Bad news Leads towards Reset. A mixture of happens and rumors leading , will create a new oppertunity for whales . funeral of retailers. Digital Ponzy
Source: Cointelegraph - 🏆 562. / 51 Read more »
$477M Vanishes From Bankrupt Crypto Firm FTX, Which Managed Tens of Billions of DollarsCollapsed cryptocurrency trading firm FTX is confirming there was unauthorized access to its accounts just hours after the company filed for bankruptcy protection. OMG! What a coincidence! I just had $477M vanish from MY crypto account too! Illegal Democrat funding
Source: nbcchicago - 🏆 545. / 51 Read more »
Exclusive: At least $1 billion of client funds missing at failed crypto firm FTX By ReutersExclusive: At least $1 billion of client funds missing at failed crypto firm FTX Best FTX meme ever on Twitter. Quadrigacx 2.0. Trading with people money. And got liquidation with last pump.. Ban all cryptos
Source: Investingcom - 🏆 450. / 53 Read more »
Collapsed FTX hit by rogue transactions, analysts saw over $600mln outflows By Reuters*FTX HIT BY ROGUE TRANSACTIONS, ANALYSTS SEE OVER $600 MILLION IN OUTFLOWS - SBF relatives....🤣🤣 This dude looks very creepy. Netflix keeping a close eye on this
Source: Investingcom - 🏆 450. / 53 Read more »