Metropolises led the crypto-related hires in the United States during 2021, but jobs in the space are well dispersed around the country, LinkedIn data revealed. A new study conducted by LinkedIn for Bloomberg shows that there is not a single hub for crypto or blockchain specialists in the United States. Searching through LinkedIn members in the U.S. who listed a new job in the first nine months of the year that matched keywords crypto, blockchain, Bitcoin (BTC), Ethereum or Solidity unveiled that about 53% of crypto jobs are dispersed across the States in small chunks. As crypto and blockchain stand …

Top U.S.-based banks and financial institutions have filled more than 1,000 positions for crypto experts in the past three years. According to a Nov. 1 report from Bloomberg, financial institutions are offering significant bonuses to attract crypto talent, with human resource consultant Johnson Associates estimating that crypto positions pay salaries that are between 20% and 30% higher than comparable positions not related to digital currency. The firm added that many senior crypto roles benefit an up to 50% bump in salary over comparable positions, with managing director Alan Johnson concluding: “The banks can’t run the risk that their clients go …

Online employment-oriented platform LinkedIn has reported demand for employees with experience in crypto or blockchain is on the rise across many companies. According to an Oct. 27 report from LinkedIn editor Devin Banerjee, data from the platform’s Economic Graph team shows job postings in the United States which included terms like “blockchain” or “crypto” grew 615% compared to those in August 2020. The data shows that while many jobs with companies already focused on crypto and blockchain contributed to this rise, traditional financial institution JPMorgan was among the top employers for roles in the digital asset space. The LinkedIn team …

Coinbase is looking for a new hire to manage the exchange’s sour relationship with policymakers. The United States-based crypto exchange aims to swell its legal and compliance team ranks. The company is looking for more than 350 new hires, with 24 job openings within the legal and compliance team. More specifically, Coinbase is seeking a new manager to oversee communications with U.S. policymakers. Along with a strong network in Washington D.C, Coinbase expects its new U.S. policy communications manager, who would lead its media relations and strategic presence in critical policy debates, to have “excellent political judgment.” Better communication with …

The S&P 500 slid to the intraday highs of Sept. 2 while Bitcoin (BTC) climbed to its highest levels in more than three months. The moves came as a key report on Sept. 3 showed that the United States economy added fewer jobs than anticipated, lowering the Federal Reserve's likelihood to start unwinding its stimulus program this year. The U.S. Bureau of Labor Statistics revealed that nonfarm payrolls (NFPs) grew by 235,000 in August, against expectations of 733,000 positions. Nevertheless, the unemployment rate inched lower to 5.2% from the previous month's 5.4%. OUCH! US economy adds just 235,000 jobs vs …

Franklin Templeton became the latest investment company to go on a cryptocurrency hiring spree by posting fresh job applications seeking crypto professionals. The American asset manager is looking for two mid-senior level experts to lead its crypto trading and research efforts, according to LinkedIn job postings published on Sept. 1. Franklin Templeton’s newly opened crypto positions target professionals to work with the “largest, most liquid and tradable crypto assets,” including Bitcoin (BTC) and Ether (ETH). The company’s crypto research analyst will be responsible for creating and maintaining valuation models, and keeping portfolio managers and senior executives informed of related business …

Major American investment bank JPMorgan is upping its blockchain hiring spree by posting a series of new blockchain-related job openings. JPMorgan has opened multiple positions to pursue its global blockchain development efforts, including job postings targeting blockchain-focused software developers, engineers, marketers and auditors. According to the company’s open positions on LinkedIn, many of these new blockchain-related job postings were published in the last few days. The new job postings seek blockchain talent across several of JPMorgan’s branches worldwide, including the United States, Singapore, India, Hong Kong, the United Kingdom and other countries. The company posted more than 30 such openings …

The Ripple and XRP community has been long-betting on mainstream adoption growth rather than its market price. In this continued effort, Ripple has announced the appointment of Sendi Young as managing director of its European operations. Strengthening Ripple’s vision to rule the cross-border payments landscape, Sendi brings over 15 years of fintech experience to “oversee strategy and champion the expansion of Ripple’s global financial network technology, RippleNet.” Most recently Young worked at Mastercard where she spent five years in “strategy, commercialization, bank-fintech partnerships and business development.” RippleNet general manager Asheesh Birla said, “Sendi’s appointment represents a huge opportunity for our …

The skills shortage among crypto’s specialized workforce is causing significant competition among businesses to secure the right talent for their organizations. According to Bloomberg, crypto firms are finding it somewhat difficult to find the right candidates to fill job openings as these firms look to expand their operations across the globe. The competition for skilled and experienced candidates is not alone among crypto-natives but also with legacy financial institutions that are establishing cryptocurrency-focused departments. Even the broader fintech and technology services industry are also entering crypto, contributing to even greater competition for the limited workforce available. Back in May, tech …

El Salvador’s Minister of Labor and Social Welfare has said that the country is not yet ready to adopt Bitcoin (BTC) for salary payments. In a Wednesday tweet, Rolando Castro denied local reports which claimed that his ministry had begun analyzing the possibility of Bitcoin-based salaries with officials from the Ministry of Finance and the Ministry of Economy on Monday. Castro stressed that he was just answering a question, stating that it was “too premature to talk about wages.” The official added that he is now focused on finding more and better jobs for El Salvadoreans. “Monetary issues fall under …

A United States-based business development specialist has claimed that a company that paid them for contract work using cryptocurrency now wants them to return the tokens following a significant rally in the asset's price. According to a letter sent to Quentin Fottrell of MarketWatch’s "The Moneyist," the unnamed employee — known only as “Crypto Confused” — received payment for the contract work in cryptocurrency in August 2020, following which the price of the token surged 700%. The day the employee wrote the letter, the CEO emailed them demanding that they return the digital asset because they did not "generate any …

A new job posting from Time magazine shows the 98-year-old publication is looking for a chief financial officer familiar with blockchain and cryptocurrencies. According to the job details listed on LinkedIn, Time is seeking a chief financial officer with more than seven years of experience in executive leadership positions and who has "comfort with Bitcoin and cryptocurrencies." The position will be based in the magazine’s corporate offices in New York City. "The media industry is undergoing a rapid evolution," says the listing. "TIME is seeking a Chief Financial Officer who can help guide its transformation." The responsibilities of the chief …