Last month crypto companies across the industry were announcing job cuts – now, they’re open for business again.
In the days after a crypto price collapse on June 13th, Coinbase was the first company to cut 18% of its workforce. This was followed a few days later by Bybit cutting 30% of its 2000-strong staff. Crypto.com later laid off 5% of its workforce as Celsius and other DeFi protocols also announced freezes on withdrawals.
But inside a few weeks many cryptocurrency businesses – including Coinbase – are announcing a new recruitment drive.
In other crypto news, Meta has begun rolling out the possibility to integrate crypto wallets and support NFTs on both Facebook and Instagram. Meanwhile, the EverGrow Coin project is about to launch a BNB Chain-based NFT marketplace to drastically reduce minting fees in the industry.
Facebook NFTs
Meta has begun testing the implementation of NFTs for US-based creators on Facebook.
Only NFTs on Ethereum and Polygon are supported so far, with...
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