Crypto Hiring: Crypto hiring ‘picking up nicely’ at 2024 open

Elsewhere, StarkWare’s CEO stepped down and Arthur Hayes joined an AI venture

article-image

StarkWare and Mariana_Rusanovschi/Shutterstock modified by Blockworks

share

It hasn’t exactly been a happy new year in the tech job market, with Discord, Google, Amazon, Meta, Uber and several other firms announcing layoffs. 

The job markets for tech and crypto can be thought of as linked to more volatile industries populated largely by programmers, but so far, crypto has dodged the tech job cuts. 

Tech has seen over 5,000 layoffs so far in January, according to data compiled by layoffs.fyi. Crypto has seen just 35 layoffs this month, caused by the NEAR Foundation cutting 40% of its staff earlier this week. This is in contrast to last January, when the crypto job market was a bloodbath as firms struggled to contain the fallout from FTX’s demise. 

Read more: Latest in crypto hiring: Huobi layoffs cap another week of cuts

The crypto market is in a better place now, which may explain the current lack of layoffs — and a possible pick-up in hiring. 

“Anecdotal, but hiring in crypto seems to be picking up nicely ahead of the BTC spot ETF,” Rob Paone, founder of crypto recruiting firm Proof of Talent, wrote earlier this week on X. 

Read more: Bitcoin ETF Tracker

“If you’ve been affected by layoffs across tech, Google, Amazon, Duolingo etc. — there are JOBS JOBS JOBS in crypto!” Jules Mossler of CoinFund said on X. 

Still, not everyone is ready to open up the crypto hiring floodgates quite yet. 

“PSA to new founders in the Bitcoin/crypto space. Your numbers may be looking really good at the moment. That does not mean you should start hiring a ton of people,” Alexander Leishman, CEO of custody platform River, wrote on X. “Invest in automation and build small, high-quality teams.”

Read more: Bitcoin on recovery path while stocks decline on jobs data, Fed minutes

StarkWare CEO steps down for personal reasons

After a yearlong leave of absence, StarkWare co-founder Uri Kolodny has stepped down from his role as CEO, Kolodny announced Thursday on X. 

Eli Ben-Sasson, StarkWare’s president and Kolodny’s co-founder, will take over the top job. 

Kolodny said he left his role at the rollup developer because of “[v]icious medical challenges at home” but would remain a board member of StarkWare and the Starknet Foundation. 

StarkWare is a notable player in the zero-knowledge rollup space, a useful piece of infrastructure for scaling blockchains like Ethereum. Zk rollups submit proofs of batches of transactions for settlement on layer-1s, saving the base layer from having to process as much data.

Read more: StarkWare moves to open-source its prover

Other notable hiring news

  • Decentralized AI platform Ritual brought on Arthur Hayes as an advisor. Hayes founded the crypto exchange BitMEX but received 30 months probation in 2022 after being sued by the US government.
  • Blockchain analysis firm Chainalysis hired Omesh Agam to be its chief information security officer.  
  • Reflexivity Research was acquired by Canada-based DeFi Technologies. Reflexivity was co-founded by crypto media personality Anthony Pompliano, who announced the deal on his personal X page. Pompliano said everyone at Reflexivity is “staying on the team.”

Don’t miss the next big story – join our free daily newsletter.

Tags

Upcoming Events

Hilton Metropole | 225 Edgware Rd, London

Mon - Wed, March 18 - 20, 2024

Crypto’s premier institutional conference returns to London in March 2024. The DAS: London Experience: Attend expert-led panel discussions and fireside chats Hear the latest developments regarding the crypto and digital asset regulatory environment directly from policymakers and experts.

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Research report - cover graphics (1).jpg

Research

In this report, we dive into crypto private market data to gather insights on where the future of the industry is headed. Despite a notable downturn in private raises, capital continues to infuse promising projects that aim to transform payments, banking, consumer experiences, community, and more, with 2023 being the fourth-largest year for crypto venture capital.

article-image

The results mark “a major positive inflection point,” one analyst says, as the exchange carries net income momentum into a crypto rally

article-image

While the slate of 10 US spot bitcoin funds have tallied $4.6 billion of net inflows thus far, half of the field is lagging the leaders

article-image

Trading volumes totalled $154 billion in Q4, including $125 billion in institutional volume

article-image

DeFi on Bitcoin is all the rage right now and Stacks is positioned to benefit

article-image

The Boston Globe reports that lawyer John Deaton is weighing a possible bid

article-image

Ethereum’s Dencun upgrade will enable Uniswap v4 to optimize smart contracts for complex functionality