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Coinbase Plans 2K-Employee Hiring Spree This Year
The cryptocurrency exchange sees "enormous product opportunities ahead for the future of Web 3."
Updated May 11, 2023, 6:39 p.m. Published Feb 15, 2022, 1:46 a.m.
Coinbase (COIN), the largest U.S. cryptocurrency exchange by trading volume, will hire up to 2,000 people this year as it seeks to take advantage of opportunities in the development of Web 3 and other areas, Chief People Officer L.J. Brock said in a blog post Tuesday.
- The company plans to expand its product, engineering and design teams.
- "We believe our industry is in its infancy and that building onramps for individuals to participate is critical to driving the next-generation use case of crypto," Brock wrote.
- Coinbase will also add products to expand its offerings in hosting general content such as non-fungible tokens (NFT) and the Coinbase Wallet.
- Coinbase job candidates should prioritize clear communication, efficient execution and continuous learning, among other qualities, according to the post. They should also take a "mission-focused" approach to their work.
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The Federal Reserve begins Treasury bill purchases later Friday, starting with $8.2 billion as part of its reserve management program.
What to know:
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- With small-cap stocks highly sensitive to falling interest rates and 2026 earning-per-share growth expectations near 49%, according to Goldman Sachs, improving macroeconomic conditions could realign bitcoin and crypto with small-cap strength.
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