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Friday, November 28, 2025

Crypto News: Networks Up Hiring Efforts, Even in the Face of a Bear Market - InvestorPlace

A host of crypto companies are laying off their workforces as market conditions worsen still.
However, KuCoin (KCS-USD) announced today it will be hiring 300 new employees, even in the midst of a bear market.
The company is the newest addition to a group of platforms looking to expanding in the bear market rather than contract.
With the way the crypto market has been going in recent months, one might expect companies in the market to be in a panicked frenzy right now. Indeed, the global market capitalization of cryptocurrency is well below $1 trillion and the market is in its weakest state in years. But in a bit of unexpected crypto news, it seems some companies are attempting to outlast the bear market by going on the offense. They’re doing so through labor force increases.
A market crash is plaguing the cryptocurrency world right now, and it’s causing a flood of money out of the space. While only some are sticking to their proverbial guns and buying the dip, many more investors...



Read Full Story: https://investorplace.com/2022/07/crypto-news-networks-up-hiring-efforts-even...

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