It wasn’t just a bull run for prices last year. Careers in crypto outstripped price action in 2021, as crypto job searches soared by 395% in the United States alone according to LinkedIn. Crucially, the crypto industry outpaced the wider tech industry, which also saw remarkable development, almost doubling its number of job listings. However, at 98% growth, the tech industry dwindles in comparison to crypto jobs, which gained by a whopping 395%. Furthermore, no industry was safe from “crypto-ization” in 2021. The LinkedIn News post offered valuable insight into crypto influencing other industries: While most of the job postings …
Metropolises led the crypto-related hires in the United States during 2021, but jobs in the space are well dispersed around the country, LinkedIn data revealed. A new study conducted by LinkedIn for Bloomberg shows that there is not a single hub for crypto or blockchain specialists in the United States. Searching through LinkedIn members in the U.S. who listed a new job in the first nine months of the year that matched keywords crypto, blockchain, Bitcoin (BTC), Ethereum or Solidity unveiled that about 53% of crypto jobs are dispersed across the States in small chunks. As crypto and blockchain stand …
Top U.S.-based banks and financial institutions have filled more than 1,000 positions for crypto experts in the past three years. According to a Nov. 1 report from Bloomberg, financial institutions are offering significant bonuses to attract crypto talent, with human resource consultant Johnson Associates estimating that crypto positions pay salaries that are between 20% and 30% higher than comparable positions not related to digital currency. The firm added that many senior crypto roles benefit an up to 50% bump in salary over comparable positions, with managing director Alan Johnson concluding: “The banks can’t run the risk that their clients go …
Online employment-oriented platform LinkedIn has reported demand for employees with experience in crypto or blockchain is on the rise across many companies. According to an Oct. 27 report from LinkedIn editor Devin Banerjee, data from the platform’s Economic Graph team shows job postings in the United States which included terms like “blockchain” or “crypto” grew 615% compared to those in August 2020. The data shows that while many jobs with companies already focused on crypto and blockchain contributed to this rise, traditional financial institution JPMorgan was among the top employers for roles in the digital asset space. The LinkedIn team …
Lazarus, a group of hackers who are allegedly backed by North Korea, is now reportedly attacking crypto and blockchain talent through major professional social network, LinkedIn. According to a report by the Finnish cyber security and privacy firm, F-Secure, the latest Lazarus attack was made through a crypto-related job advert on the site. Their investigation indicated that an individual working in the Blockchain space received a phishing message that mimicked a legitimate Blockchain job listing. The message included an MS Word document titled “BlockVerify Group Job Description,” which executed malicious macro code when opened. F-Secure found that the document shares …
Michael Stay, a former software engineer with Google and the current CTO of smart contract and decentralized application (Dapp) firm, Pyrofex, claims to have successfully hacked a zip file containing the private keys to over $300,000 in Bitcoin (BTC). In a blog post, Stay says that his journey began when he received a message from “a Russian guy” on LinkedIn about six months ago. Software engineer contacted on LinkedIn regarding paper from 2000 The Russian had read a paper authored by Stay in 2000 describing a technique that he had used to successfully attack zip files. “He had read that …
As blockchain weaves its way deeper into the world economy, more American universities are teaching the technology, offering more courses and expanding delivery methods. Kevin Werback, a professor and blockchain club mentor at the University of Pennsylvania, told Cointelegraph, “Even if they aren’t pursuing a career in the area, most students aren’t confident they can figure it out on their own. Blockchain is just so darn weird.” Weird it is, but employers are demanding more skilled Blockchain workers. Businesses, governments, hospitals and retailers are transforming operations using digital ledgers to share data, create copyrights, collect votes, and even track food, …
Women are still at risk of being excluded from jobs in fast-growing careers like blockchain and artificial intelligence (AI), a LinkedIn co-founder warned. Allen Blue, co-founder of major professional social network LinkedIn, has raised concerns about occupational inequality in industries like blockchain at the World Economic Forum annual meeting in Davos on Jan. 24. The executive delivered his remarks on the issue in an interview with Abu Dhabi-based news agency The National. The LinkedIn co-founder urged the global community to take measures to prevent the further extension of the gender gap in employment when it comes to jobs of the …
Blockchain will be the most in-demand hard skill in 2020, according to a new study by the educational subsidiary of professional social network LinkedIn. A newcomer to LinkedIn’s annual list of top-demanded hard skills, blockchain now tops the list of the most-needed skills in 2020, according to a LinkedIn Learning blog post on Jan. 13. Blockchain to surpass cloud computing and AI in 2020 In 2019, blockchain-as-a-skill overtook major hard skills including cloud computing, analytical reasoning, artificial intelligence (AI), and user experience (UX) design, becoming the number one hard skill in demand among global employers in 2020, according to LinkedIn …
San Francisco-based blockchain firm Alchemy announced the launch of its public application programming interface (API) after having raised $15 million in its Series A funding round. According to a press release published by the firm on Dec. 17, Alchemy’s platform allows enterprises to build blockchain-based applications. The $15 million funding round was reportedly led by Pantera Capital and has seen participation from the Stanford University — as Cointelegraph reported yesterday — crypto exchange Coinbas, tech giant Samsung, Alphabet chairman John Hennessy, LinkedIn founder Reid Hoffman, Yahoo founder Jerry Yang. The company intends to use the funds to expand into international …
Cryptocurrency exchange Coinbase and Ripple, the blockchain startup behind XRP, have fallen out of the top 10 of this year’s business and employment-oriented service Linkedln’s “The 50 hottest U.S. companies to work for” list. According to LinkedIn’s new list published on Sept. 4, Ripple moved to the 28th place (was seventh in 2018) while Coinbase’s position was downgraded to 29th (was third in 2018). Stock and crypto trading startup Robinhood mostly retained its position, moving from the sixth place in 2018 to the 7th in 2019. Crypto startups are falling out On the other hand, Gemini Trust Company, the custodian …
Square Crypto, the cryptocurrency-focused branch of mobile payment company Square, has hired Blockstream co-founder and Bitcoin (BTC) developer Matt Corallo. Square Crypto announced the news in an official Twitter post on Aug. 20. Matt Corallo also commented on the announcement, saying: “So excited to be joining the @sqcrypto team over the coming weeks. Experimenting with different models to accelerate Bitcoin OSS is awesome!” As indicated in his Twitter post, Corallo is a Bitcoin Open Source Developer who previously worked at Bitcoin development company Chaincode Labs. Per his LinkedIn profile, Corallo has worked there for the past two years and 8 …