The recent turmoil in crypto markets has dissuaded some college students from entering the highly volatile industry, according to Fortune.
Engineers and developers who would have stepped into the crypto space for their first job are now reconsidering, citing the industry's instability, turbulence, and penchant for unpredictability.
"There's a lot of potential for [crypto] to be innovative, but, as I've learned the hard way, it can be pretty volatile and unpredictable," Ashutosh Ukey told Fortune after his Coinbase job offer was rescinded. "For the immediate future, I am kind of reluctant to go into crypto because it's a lot less stable than some of the other big tech sectors and industries."
Like many new hires, Ukey was offered a job at Coinbase, only to be told that his position was no longer available. During the recent hiring freeze, the company decided to eliminate over 1,000 positions, cutting 18% of its staff. Coinbase had once boasted a workforce as large as almost 6,000...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...