Latest in Crypto Hiring: Former Facebook, BNP Paribas Pros Join Space

Citadel Securities reportedly names CEO for its planned crypto-focused platform

article-image

Blockworks exclusive art by axel Rangel

share

key takeaways

  • Metamask operations lead set to join the BitDAO ecosystem
  • Abra and Bitpanda cut jobs while Kraken still on the hunt for talent

The global head of business development for Citadel Securities is set to lead the company’s joint venture focused on increasing investor access to crypto, Bloomberg News reported.

Citadel Securities and Virtu Financial were in the process of building a cryptocurrency trading platform, a source familiar with the matter told Blockworks last month. Jamil Nazarali is reportedly expected to become CEO of the platform.

Citadel Securities did not immediately return a request for comment. 

Web3 gaming company Immutable hired a former global head of product design for payments at Facebook to lead the protocol’s product design.

Henry Cho will help the company build an API-only user experience that enables mainstream developers to build simply. 

“Immutable will continue hiring the best talent across the globe to continue building our vision of enabling the next billion players to truly own their in-game items,” Immutable co-founder Robbie Ferguson said in a Twitter post.

Andrei Serjantov joined crypto startup Nym as its chief financial officer. He is set to develop the company’s multi-purpose mixnet that helps enable privacy for any application, as well as the underlying finances of its NYM token.

Serjantov joins Nym from French banking group BNP Paribas, where he worked for 16 years. He was most recently the company’s head of electronic credit trading and head of flow credit quantitative research.

“As the bear market rages on, all eyes are on crypto to prove its worth,” Serjantov said in a statement. “Skeptics assume people join crypto to make a quick buck and scam the typical user, but those working through the bear market have something more to prove.”

The former operations lead for self custodial wallet MetaMask is set to join the BitDAO ecosystem to accelerate the adoption of Web3 gaming.

Jacob Cantele is now head of product strategy for BitDAO’s Windranger Labs and head of product for the Game7 DAO. 

Before working at MetaMask, Cantele led product for the Panvala grant funding DAO (decentralized autonomous organization), one of the earliest grant DAOs in the Web3 ecosystem. 

NFT marketplace Magic Eden hired Joseph Doll to the role of general counsel.

Doll previously served as a corporate associate for Fenwick & West, where he structured, negotiated and executed equity and token funding.

Web3 Ventures appointed Zach Rosen to its advisory board as the company gains Rosen’s expertise in software engineering and investment banking. 

Rosen is a co-founder of Brydge, a startup that enables decentralized applications to deploy on one chain and accept payments from others. He said in a statement that he would leverage his network and background within the Web3 space to help identify and evaluate crypto projects for Web3 Ventures’ platform.

Crypto trading and lending platform Abra reportedly laid off about a dozen employees this week as market turbulence continues. Abra CEO Bill Barhydt told The Block that the job cuts — representing about 5% of the company’s workforce — were done “purely as a cost-saving measure.”

An Abra spokesperson did not immediately return a request for comment.    

In case you missed it, crypto exchange Bitpanda is letting go about a third of its workforce. The company, backed by billionaire Peter Thiel, wrote in a letter to employees that it wants to cut down its headcount from more than 1,000 to 730 as it seeks to improve its financial health.

Meanwhile, crypto exchange Kraken posted more than 600 new job ads in the United States in the last seven days, according to a June 29 study by Crypto Jobs List. The Kraken listings account for nearly 20% of the new American crypto job ads over the span.


Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the On the Margin newsletter.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.

Tags

Upcoming Events

Salt Lake City, UT

MON - TUES, OCT. 7 - 8, 2024

Blockworks and Bankless in collaboration with buidlbox are excited to announce the second installment of the Permissionless Hackathon – taking place October 7-8 in Salt Lake City, Utah. We’ve partnered with buidlbox to bring together the brightest minds in crypto for […]

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 Templates.png

Research

ZKPs enable efficient offchain transaction processing and validation, resulting in increased throughput and reduced fees. Solana's ZK Compression leverages ZKPs to minimize onchain storage costs, while Sui's zkLogin streamlines user onboarding by replacing complex key management with familiar OAuth credentials.

article-image

The crypto asset manager lowered its planned fee from 0.25% to 0.15%, undercutting its competitors

article-image

Plus, a look at planned ETH ETF fees and how they differ from their BTC counterparts

article-image

North Korea suspected in breach of Indian exchange’s multisig wallet

article-image

Plus, Sanctum’s CLOUD token has officially launched — but not without problems

article-image

It’s not yet clear whether Donald Trump is pumping bitcoin. But an unofficial memecoin is still seeing benefit.