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USDC issuer Circle to increase workforce by 25% in 2023

USDC issuer Circle to increase workforce by 25% in 2023

According to Circle Finance’s CEO, Jeremy Fox-Geen, the firm plans to add up to 225workers to join its 900-member workforce. After scrapping plans to go public, USDC stablecoin issuer Circle has revealed plans to grow its workforce by up to 25%, according to the Wall Street Journal (WSJ). Circle canceled its merger agreement with Concord […]

Kraken cuts 30% of staff to ‘weather crypto winter’

Kraken cuts 30% of staff to 'weather crypto winter'

The cryptocurrency exchange Kraken said it was getting rid of 1,100 jobs or 30% of its staff. Former CEO and co-founder Jesse Powell, who left his job in September, made the announcement. Kraken is the latest cryptocurrency company to lay off a lot of people. In a blog post, co-founder and former CEO of Kraken, […]

India ranks third in global Web 3.0 workforce – Report

India’s Financial Intelligence Unit (FIU) Fines Binance $2.25M

With about 450 Web 3 startups in the country, India has 11% of the global Web 3.0 workforce making it sit at the third position according to reports from the National Association of Software and Services Companies (NASSCOM). India presently has 11% of the world’s Web 3.0 workforce , according to recent research by the […]